VIZIONE HOLDINGS BERHAD
Malaysia | 7070.KL | Main
Reference
Report Year: 2024
Source Files: Vizione_Annual_Report_2024_-_Part_1.pdf
Sustainability Committee
Sustainability Committee (5 pax) 🟢
- Strategic oversight 🟢
Reporting
GRI, Integrated Report 🟢
GHG Accounting
Vizione Holdings Berhad's 2024 sustainability report mentions a focus on reducing greenhouse gas (GHG) emissions and enhancing energy efficiency through optimizing energy usage and adopting renewable energy sources. However, specific data on Scope 1, 2, and 3 emissions, base year, boundary, and inventory are absent, limiting transparency. There is no mention of third-party verification or the use of recognized standards like GHG Protocol. A key gap is the lack of quantifiable metrics to substantiate their emission reduction efforts. To improve, Vizione should provide detailed emissions data, establish a base year, and seek third-party verification for credibility. Adopting a structured GHG accounting framework would further strengthen their environmental commitments.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No specific data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No specific data on Scope 2 emissions provided. |
| Scope3 | Not reported ⚠️ | No specific data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
Efforts
- GHG reduction focus 🟢
- Renewable energy adoption 🌞
- Energy optimization 🌱
Social Highlights
- Four-star SHASSIC rating 🟢
- Employee training programs 🥗
- Community welfare investment 🥗
- Limited data available ⚠️
- Limited data available ⚠️
Governance
- Salary disclosure: Can't find ⚠️
- Litigation: Can't find ⚠️
Report Quality
Positive Steps in Vizione Holdings Berhad’s 2024 sustainability report include the integration of ESG practices into business operations and the presence of a dedicated Sustainability Steering Committee 🟢. The report highlights a commitment to reducing GHG emissions and achieving a four-star SHASSIC rating for safety. However, it falls short on quantifiable actions and measurable outcomes ⚠️. Key metrics such as specific emission figures, reduction percentages, or verified data are absent. Forward-looking commitments, like net-zero targets, are also not evident. Much of the content remains generic, with statements like 'committed to sustainability' lacking supporting evidence. To enhance future reports, Vizione should incorporate detailed metrics, third-party verification, and clear, time-bound targets. This would provide a stronger foundation for assessing their sustainability impact and progress.
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