Environmental
In 2022, we set short-term sustainability targets for the year 2023 and long-term sustainability goals for the year 2030 to drive ESG performances. The targets and goals are set to guide our efforts in addressing our sustainability matters and realising the UN SDGs.
Sustainability Matters | Measurement | Baseline | Actual Performance | Target | Goal | |||
2019 | 2020 | 2021 | 2022 | 2023 | 2030 | |||
Climate Change and Energy Management | Scope 2 carbon emissions |
2021: 3,031.8tCO2 |
2,200.5tCO2 | 2,608.3tCO2 | 3,031.8tCO2 | 3,848.6tCO2 | Reduce 2.0% per annum | Net-zero (0) carbon emissions |
Environmental Conservation and Preservation | Compliance with Restriction of Hazardous Substances (“RoHS”) Directive | 1 | 100% | |||||
Employee’s participation in V-Meal |
2021: 78.8% | 68.8% | 72.2% | 78.8% | 74.9% | ≥ 80.0% | ≥ 85.0% | |
Waste Management | Wood waste diversion | Not applicable; we collected data since July 2021. | 2100% | 100% | ≥ 20.0% | 100% | ||
Reduction of non-biodegradable materials used in packaging activities |
Not applicable; we will commence this initiative in 2023. | ≥ 30.0% | 100% | |||||
Supply Chain Management | Procurement from local suppliers | 2021: 60.1% | 61.6% | 66.1% | 60.1% | 55.7% | ≥ 62.0% | ≥ 65.0% |
Today, the most important climate goal of the world is limiting the Earth’s warming to 1.5°C. It’s the agreement made by world leaders at the United Nations Climate Change Conference in 2021. As a signatory of the Paris Agreement, Malaysia has increased its mitigation ambition with an unconditional target to cut carbon intensity against GDP by 45% compared to 2005 levels by 2030.
In alignment with the global goals and national agenda, ViTrox is taking action and implementing initiatives to mitigate and adapt to climate change and its impacts. This year, ViTrox made a commitment to achieving net-zero (0) carbon emissions, Scope 2, by the end of 2030.
Taking all the above into account, ViTrox designed and constructed Campus 2.0 and the future Campus 3.0 with green initiatives. Located in Batu Kawan Industrial Park, Penang, ViTrox Campus 2.0 has obtained Green Building Index Certification and Penang Green Office Certification since its establishment in 2018.