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Motor Vehicle Retail Services
MY
updated a month ago

Grand Venture Technology Sdn. Bhd.

Company website

Grand Venture Technology Sdn. Bhd., commonly referred to as GVT, is a leading player in the technology sector, headquartered in Malaysia. Established in 2014, the company has rapidly expanded its operations across Southeast Asia, focusing on advanced manufacturing and engineering solutions. GVT specialises in providing innovative automation systems and precision engineering services, catering to various industries, including semiconductor, electronics, and automotive. Their commitment to quality and cutting-edge technology sets them apart in a competitive market. With a strong emphasis on research and development, Grand Venture Technology has achieved significant milestones, positioning itself as a trusted partner for clients seeking reliable and efficient solutions. The company’s dedication to excellence has earned it a reputable standing within the industry, making it a key contributor to Malaysia's technological advancement.

DitchCarbon Score

How does Grand Venture Technology Sdn. Bhd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

22

Industry Average

Mean score of companies in the Motor Vehicle Retail Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

31

Industry Benchmark

Grand Venture Technology Sdn. Bhd.'s score of 22 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Grand Venture Technology Sdn. Bhd.'s reported carbon emissions

Inherited from Grand Venture Technology Limited

Grand Venture Technology Sdn. Bhd., headquartered in Malaysia (MY), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Grand Venture Technology Limited, which may influence its climate commitments and reporting practices. As of now, Grand Venture Technology Sdn. Bhd. has not established any documented reduction targets or climate pledges. The absence of specific initiatives or targets suggests that the company is still in the early stages of formalising its climate strategy. Given the lack of direct emissions data and reduction commitments, it is essential for Grand Venture Technology Sdn. Bhd. to consider adopting industry-standard climate initiatives, such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), to enhance its sustainability profile and align with global climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grand Venture Technology Sdn. Bhd.'s primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grand Venture Technology Sdn. Bhd. is in MY, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Grand Venture Technology Sdn. Bhd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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