Sustainability begins with sustaining the environment, our local communities and our people.
Vena Energy’s corporate mission is to contribute to the fight against climate change and depletion of natural resources by accelerating the penetration of wind and solar generation in the Asia Pacific energy mix.
As a pure renewable energy player with a reach across Asia-Pacific, we play a leading role in decarbonizing the economy through the generation of clean renewable energy and we are committed to work together with our host communities to preserve the environment and enable a virtuous local economic development.
Our Commitment To Sustainability
Sustainability remains the centrepiece of Vena Energy’s corporate strategy, as we operate to deliver benefits and results to all our stakeholders, including our employees, suppliers, counterparties, investors, partners and, especially, to the environment and to the communities that host our projects. We achieve this by pursuing accretive business opportunities while remaining focused on environmental and social risk management to create lasting value for the environment and for local economies. We are committed to invest in green sustainable projects and activities that drive the transition to a low carbon and circular economy.
To further integrate sustainability into how we conduct business, we actively support partnerships and initiatives to advance the sustainability agenda:
The United Nations Global Compact as a strategic policy initiative for organisations commits to align with the ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. Vena Energy participates in the United Nations Global Compact global movement to disclose publicly our commitments and progress and to shape the world’s sustainability agenda.
In 2019, Vena Energy joined over 1,000 companies in publicly expressing our support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). We acknowledge that the implementation of the TCFDs is a journey, and as a new TCFD supporter, we will discuss the impact of climate change on our business at a Board level and will establish our road map to implementing the recommendations of the TCFDs.
Green Financing Framework:
As challenges such as climate change and depletion of natural resources become increasingly evident, the business and financial community have enhanced the scrutiny of their own activities as well as the activities of their counterparties. A growing number of investors and businesses are keen to understand the social and environmental impact of the companies they invest in or do business with. In the absence of an obligation to disclose such information, Vena Energy has voluntarily established a comprehensive Green Financing Framework since 2018, in order to enhance our planning and disclosure practices as well as providing transparency and accountability to our stakeholders.
The Vena Energy Green Financing Framework was independently assessed by Vigeo Eiris and Japan Credit Rating Agency and has received the highest level of assurance by both agencies.
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (“ESG”)
Vena Energy has implemented a comprehensive ESG policy across all its activities in accordance with local and international standards, including:
- Local environment, health and safety laws and regulations
- International Finance Corporation’s Performance Standards
- World Bank Group Environmental, Health and Safety Guidelines
- International Labour Organisation Declaration on Fundamental Principles and Rights at Work
- UN Guiding Principles on Business and Human Rights
The ESG policy provides guidelines on key ESG-related areas including the selection of investments in supporting the reduction in greenhouse gas emissions, assessment of environmental, health and safety and community impacts of projects, recruitment, wages, workplace safety and diversity policies and the monitoring and recording of environmental and social issues. We also firmly believe in engaging with our local communities throughout the life-cycle of our projects, with the objective of enabling sustainable social and economic development locally. We support local employment by creating job opportunities for the members of our hosting communities and we then focus on training and empowering our employees through the establishment of numerous self-development programs.
SUSTAINABILITY METRICS
Explore the map to see the sustainability metrics for each country.
VENA ENERGY GROUP
SUSTAINABILITY METRICS
Total
3,960,183
Megawatt Hours annually
SOLAR
2,193,769
Megawatt Hours
Wind
1,766,415
Megawatt Hours
2,630,721
Households Powered
3,072,801
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
3,739
Water Saved in Megalitres
663,672
Equivalent Cars Removed from the Road
51,213,349
Equivalent Trees Planted
Updated Q4 2019
VENA ENERGY
SUSTAINABILITY METRICS
Total
8,501,376
Megawatt Hours
SOLAR
3,400,359
Megawatt Hours
Wind
5,101,017
Megawatt Hours
1,664,289
Households Powered
6,653,346
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
8,032
Water Saved in Megalitres
1,413,695
Passengers Cars Taken Off the Road
109,984,452
Trees Planted
Updated Q3 2019
AUSTRALIA
SUSTAINABILITY METRICS
Total
207,284
Megawatt Hours Annually
SOLAR
207,284
Megawatt Hours
Wind
0
Megawatt Hours
34,632
Households Powered
210,348
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
195
Water Saved in Megalitres
45,432
Equivalent Cars Removed from the Road
3,505,799
Equivalent Trees Planted
Updated Q4 2019
AUSTRALIA SUSTAINABILITY
METRICS
Total
65,414
Megawatt Hours
SOLAR
65,414
Megawatt Hours
Wind
0
Megawatt Hours
2,908
Households Powered
53,640
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
62
Water Saved in Megalitres
11,397
Passengers Cars Taken Off the Road
886,702
Trees Planted
Updated Q3 2019
INDIA
SUSTAINABILITY METRICS
Total
1,617,649
Megawatt Hours annually
SOLAR
354,491
Megawatt Hours
Wind
1,263,158
Megawatt Hours
1,675,945
Households Powered
1,441,422
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
1,530
Water Saved in Megalitres
311,322
Equivalent Cars Removed from the Road
24,023,694
Equivalent Trees Planted
Updated Q4 2019
INDIA SUSTAINABILITY
METRICS
Total
4,737,205
Megawatt Hours
SOLAR
713,405
Megawatt Hours
Wind
4,023,800
Megawatt Hours
988,899
Households Powered
4,311,031
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
4,480
Water Saved in Megalitres
916,003
Passengers Cars Taken Off the Road
71,264,355
Trees Planted
Updated Q3 2019
INDONESIA
SUSTAINABILITY METRICS
Total
308,787
Megawatt Hours annually
SOLAR
69,010
Megawatt Hours
Wind
239,776
Megawatt Hours
235,188
Households Powered
261,340
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
292
Water Saved in Megalitres
56,445
Equivalent Cars Removed from the Road
4,355,659
Equivalent Trees Planted
Updated Q4 2019
INDONESIA SUSTAINABILITY METRICS
Total
550,349
Megawatt Hours
SOLAR
11,949
Megawatt Hours
Wind
538,400
Megawatt Hours
166,590
Households Powered
443,679
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
521
Water Saved in Megalitres
94,272
Passengers Cars Taken Off the Road
7,334,325
Trees Planted
Updated Q3 2019
JAPAN
SUSTAINABILITY METRICS
Total
1,157,286
Megawatt Hours annually
SOLAR
1,013,086
Megawatt Hours
Wind
144,200
Megawatt Hours
230,507
Households Powered
688,753
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
1,091
Water Saved in Megalitres
148,759
Equivalent Cars Removed from the Road
11,479,210
Equivalent Trees Planted
Updated Q4 2019
JAPAN SUSTAINABILITY
METRICS
Total
797,065
Megawatt Hours
SOLAR
797,065
Megawatt Hours
Wind
0
Megawatt Hours
45,230
Households Powered
391,359
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
751
Water Saved in Megalitres
83,156
Passengers Cars Taken Off the Road
6,469,436
Trees Planted
Updated Q3 2019
PHILIPPINES
SUSTAINABILITY METRICS
Total
386,127
Megawatt Hours annually
SOLAR
266,846
Megawatt Hours
Wind
119,281
Megawatt Hours
368,766
Households Powered
320,777
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
364
Water Saved in Megalitres
69,282
Equivalent Cars Removed from the Road
5,346,290
Equivalent Trees Planted
Updated Q4 2019
PHILIPPINES SUSTAINABILITY
METRICS
Total
1,551,610
Megawatt Hours
SOLAR
1,012,792
Megawatt Hours
Wind
538,817
Megawatt Hours
373,093
Households Powered
1,081,315
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
1,465
Water Saved in Megalitres
229,757
Passengers Cars Taken Off the Road
17,874,894
Trees Planted
Updated Q3 2019
TAIWAN
SUSTAINABILITY METRICS
Total
144,440
Megawatt Hours annually
SOLAR
144,440
Megawatt Hours
Wind
0
Megawatt Hours
26,795
Households Powered
71,254
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
136
Water Saved in Megalitres
15,390
Equivalent Cars Removed from the Road
1,187,562
Equivalent Trees Planted
Updated Q4 2019
TAIWAN SUSTAINABILITY
METRICS
Total
47,284
Megawatt Hours
SOLAR
47,284
Megawatt Hours
Wind
0
Megawatt Hours
1,474
Households Powered
26,195
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
45
Water Saved in Megalitres
5,566
Passengers Cars Taken Off the Road
433,026
Trees Planted
Updated Q3 2019
THAILAND
SUSTAINABILITY METRICS
Total
138,611
Megawatt Hours annually
SOLAR
138,611
Megawatt Hours
Wind
0
Megawatt Hours
58,887
Households Powered
78,908
Greenhouse Gas (GHG) Emissions Reduced in Tonnes
131
Water Saved in Megalitres
17,043
Equivalent Cars Removed from the Road
1,315,135
Equivalent Trees Planted
Updated Q4 2019
THAILAND SUSTAINABILITY
METRICS
Total
752,449
Megawatt Hours
SOLAR
752,449
Megawatt Hours
Wind
0
Megawatt Hours
86,093
Households Powered
346,127
Greenhouse Gas (GHG) Emissions Reduction in Tonnes
709
Water Saved in Megalitres
73,545
Passengers Cars Taken Off the Road
5,721,713
Trees Planted
Updated Q3 2019