V.S. INDUSTRY BERHAD
Malaysia | 6963.KL | Main
Reference
Report Year: 2024
Source Files:
Sustainability Committee
Sustainability Committee (Unknown pax) 🟢
- Reviewed data 🟢
- Stakeholder engagement 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
V.S. Industry Berhad demonstrates a commendable commitment to GHG accounting with third-party verification by EnviroSolutions & Consulting, ensuring data reliability for FY2024. The report covers Scope 1, 2, and partial Scope 3 emissions (e.g., business travel, employee commuting) within the boundary of Malaysian subsidiaries. Strengths include standardized data collection and a focus on transparency. However, gaps remain, such as the absence of a specified base year, GWP basis, and explicit adherence to standards like GHG Protocol. Improvement is needed in providing detailed emissions figures and clarifying methodologies. Overall, the company lays a solid foundation for emissions reporting but should enhance granularity and alignment with global standards to strengthen credibility.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Reported 🟢 | Specific figures not extracted from text. |
| Scope2 | Reported 🟢 | Specific figures not extracted from text. |
| Scope3 | Reported 🟢 | Includes business travel and employee commuting; specific figures not extracted. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Malaysian subsidiaries 🟢
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Third party verification: Verified by EnviroSolutions & Consulting 🟢
- Carbon intensity: Reported, verified 🟢
Efforts
- Solar energy adoption 🌞
- Recycled waste 🟢
- Digital tools for data management 🌱
- Ethical supplier code 🌱
Social Highlights
- Employees trained 🟢 (Specific numbers not extracted.)
- Community investments 🥗 (Specific amounts not extracted.)
- Stakeholder engagement 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Commendable transparency is evident in V.S. Industry Berhad's 2024 Sustainability Statement, with a strong focus on stakeholder engagement and adherence to GRI standards 🟢. The integration of sustainability into the annual report and third-party verification by EnviroSolutions & Consulting reflect a robust approach to credibility. Quantifiable actions, such as renewable energy adoption and waste recycling, are highlighted, though specific metrics (e.g., exact emission reductions or waste tonnages) are often missing ⚠️. While forward-looking commitments like digitalization for data management are promising, the report could improve by including clearer targets (e.g., net-zero timelines). Generic statements on 'sustainability commitment' lack supporting evidence at times. To enhance impact, the company should provide more granular data and outline measurable future goals, ensuring disclosures are both comprehensive and actionable.
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