Beshom Holdings Berhad
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1699 tonnes CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:1699 tonnes CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:3089 MWh
Water Consumption:24038 m3
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Economy
- Governance
- People
- Product
- Planet
Environmental Achievements
- Savings of 24,854 reams of A4 paper (exceeding the target of 20,000 reams)
- Use of grey pack packaging in at least four rebranded products
- Solar panel systems installed and energised at three locations, providing up to 800,000 kWh renewable energy
Social Achievements
- Achieved 94% of the target of at least 15% of sales amount made via e-commerce platform
- Facilitated 12 major collaboration projects with business alliances
- Zero incidents of product recall
- 79% of employees met the minimum training hours required
- Maintained a Gender Wage Parity Index of 1:0.91
- Zero cases of work-related injuries
- Sponsorship, fundraising, or similar programs benefiting more than 35,000 students and teachers
- 100% of complaints received were resolved
- 100% training completion rate for management-level employees on mandatory topics
- 95% passing rate for in-house post-training assessment on anti-bribery
- Zero complaints on breaches of customer privacy
- Zero food safety incidents
Governance Achievements
- 100% training completion rate for management-level employees on mandatory topics
- 95% passing rate recorded for in-house post-training assessment on anti-bribery
- Zero complaints on breaches of customer privacy
- Zero food safety incidents
- No incidents of corruption reported
- No fines, penalties, or settlements reported in relation to corruption
- Zero whistle-blowing cases reported
- No significant instances of non-compliance with laws and regulations and no significant associated fines or non-monetary sanctions
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Savings of 20,000 reams of A4 paper
Environmental Challenges
- Counterfeiting of products
- Climate change risks and impacts
- Data security breaches
Mitigation Strategies
- Implementation of various countermeasures against counterfeiting, including product labels allowing consumers to verify authenticity
- Undertaking additional efforts to measure and understand the Group’s exposure in relation to climate-related risks and opportunities
- Establishment of various policies and processes to govern the security of IT infrastructure and management of data, including a Cyber Security Incident Response Plan
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Code of Business Ethics for Suppliers and Business Associates
- Supplier environmental and social impact assessment
- Sustainability Survey
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards
Certifications: Null
Third-party Assurance: Internal validation process only
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Sweetality Flexi Pack (refill pack)
- Products using grey pack packaging
Awards & Recognition
- Hai-O Enterprise Berhad voted as one of the most preferred employers to work for
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:2,174.57 tCO2e/year
Scope 1 Emissions:142.91 tCO2e/year
Scope 2 Emissions:2,031.66 tCO2e/year
Renewable Energy Share:20.57%
Total Energy Consumption:4,096.56 MWh/year
Water Consumption:23.50 Ml/year
Waste Generated:31.83 tons/year
ESG Focus Areas
- Economy
- Governance
- People
- Product
- Planet
Environmental Achievements
- Saved 19,845 reams of A4 paper
- 4 out of 7 rebranded or new products use environmentally friendly packaging
- Generated 852,500 kWh of renewable energy from solar panels
- Converted and installed 201 LED lights, resulting in an estimated cumulative energy savings of 19,711 kWh
Social Achievements
- Achieved 100% resolution of product complaints
- 97% of employees met minimum training hours
- Maintained a Gender Wage Parity Index of 1:0.94
- Conducted community engagement activities benefiting approximately 4,032 beneficiaries
Governance Achievements
- Achieved 100% training completion rate for management-level employees on mandatory topics
- 91% of employees passed the anti-bribery assessment
- Zero substantiated complaints on breaches of customer privacy
- Zero food safety incidents
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- At least 15% of total energy usage from renewable energy
- At least half of rebranded products or new products incorporate elements of environmentally friendly packaging
Short-term Goals:
- At least 15% of sales from MLM and Retail Segment made via e-commerce platform
- Facilitate at least 5 cross-over projects with business alliances
Environmental Challenges
- Counterfeiting of products
- Climate-related impacts on business
- Supply chain disruptions
Mitigation Strategies
- Implemented anti-counterfeiting measures, including Super QR Code labels
- Organized meetings/training sessions on TCFD to identify climate-related risks and opportunities
- Developed rigorous supply chain processes, including due diligence, onboarding, and periodic performance assessments
Supply Chain Management
Supplier Audits: Ongoing audits and factory visits, focusing on key suppliers and those with potentially higher risks
Responsible Procurement
- Code of Business Ethics for Suppliers and Business Associates
- Sustainability Survey for suppliers
- Local sourcing (51% of trade-related procurement from Malaysian businesses)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Third-party Assurance: Internal audit for energy and emissions data; internal validation of key data
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
- SDG 4: Quality Education
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- SDG 17: Partnerships for the Goals
Beshom's initiatives contribute to these SDGs through various programs and practices related to health, education, economic empowerment, sustainable operations, and community engagement.
Sustainable Products & Innovation
- Products with environmentally friendly packaging
- Healthier food options
Awards & Recognition
- The Edge ESG Awards 2023 (GOLD)