Velesto Energy Bhd
Velesto Energy's GHG Emissions Data Preview
In 2023, Velesto Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Velesto Energy has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Velesto Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into Velesto Energy's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Velesto Energy amounted to 63,946 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Velesto Energy increased by 15.45%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Velesto Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Velesto Energy's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Velesto Energy were 63,469 metric tons of CO₂ equivalent (tCO₂e). a
Has Velesto Energy reduced its Scope 1 emissions over time?
Since 2020, Velesto Energy's Scope 1 emissions have increased by 1.15%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Velesto Energy's Scope 1 emissions increased by 15.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Velesto Energy's Scope 2 emissions?
In 2023, Velesto Energy reported Scope 2 greenhouse gas (GHG) emissions of 477 tCO₂e without specifying the calculation method. a
Has Velesto Energy reduced its Scope 2 emissions over time?
Since 2020, Velesto Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 325.89%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Velesto Energy's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Velesto Energy 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Velesto Energy use for Scope 2 reporting?
In 2023, Velesto Energy reported its Scope 2 emissions using an unspecified methodology. a
Velesto Energy's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Velesto Energy's Value Chain Emissions
In 2023, Velesto Energy reported 67 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Velesto Energy includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Velesto Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Velesto Energy's Scope 3 emissions?
In 2023, Velesto Energy reported total Scope 3 emissions of 67 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Velesto Energy's Scope 3 emissions increased by 103.03%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Velesto Energy disclose?
In 2023, Velesto Energy reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Velesto Energy's Scope 3 emissions?
In 2023, the largest contributors to Velesto Energy's Scope 3 emissions were: a
- Business Travel (Cat. 6): 67 tCO₂e (100%)
Velesto Energy's Scope 3 Emissions by Categories
Insights into Velesto Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Velesto Energy reported Scope 1 greenhouse gas (GHG) emissions of 63,469 tCO₂e and total revenues of USD 264 millions. This translates into an emissions intensity of 240.27 tCO₂e per millions USD. a
Velesto Energy's Scope 1 Emissions Intensity Compared to Peers
How does Velesto Energy's GHG emissions intensity compare to its peers?
In 2023, Velesto Energy reported a Scope 1 emissions intensity of 240.27 tCO₂e per millions USD. Compared to the peer group median of 290.61, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Velesto Energy rank on GHG emissions intensity within its industry?
In 2023, Velesto Energy ranked 7 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Velesto Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Velesto Energy's Total Carbon Footprint
In 2023, Velesto Energy reported a total carbon footprint of 64,013 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.5% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Velesto Energy's total carbon footprint was Scope 1 emissions, accounting for 99.15% of the company's total carbon footprint, followed by Scope 2 emissions at 0.75%. a