Climate Change Data

Shan Poornam Sdn. Bhd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17271.75 tCO2e/year
Scope 1 Emissions:7225.90 tCO2e/year
Scope 2 Emissions:6869.32 tCO2e/year
Scope 3 Emissions:576.25 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:178,086.44 GJ/year
Water Consumption:87.53 ML/year
Waste Generated:878.41 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed solar panels at one of our facilities since August 2023, anticipated to generate substantial cost savings and reduce carbon footprint.
  • Implemented closed-loop circular economy systems for processing solid and liquid e-waste, producing ECO Green products.
  • Achieved 99% purity in precious metal ingots (Gold, Platinum, Palladium, Copper, and Silver).

Social Achievements

  • Increased female representation in management from 26.13% in 2021 to 31.58% in 2023.
  • Provided comprehensive insurance coverage, on-site medical consultations, and recreational activities for employees.
  • Invested RM806,544.55 in various CSR programs in 2023, including donations to orphanages, temples, and community programs.

Governance Achievements

  • Maintained a robust anti-corruption policy, with zero confirmed incidents in 2023.
  • Revised data privacy and security policies in 2023, resulting in zero substantiated complaints concerning breaches.
  • Implemented a Business Continuity Plan (BCP) based on a comprehensive Business Impact Analysis (BIA).

Climate Goals & Targets

Long-term Goals:
  • Compare energy performance with industry standards and set targets
  • Implement strategies to reduce carbon footprint and achieve net-zero emissions by 2050
  • Develop and implement green technologies
  • Adhere to local and international environmental regulations
  • Track and report DEI and labour practices
  • Invest in long-term community development projects
  • Develop and execute plan to achieve Zero Accident Tolerance
  • Invest in advanced data security technologies
Medium-term Goals:
  • Establish baseline of energy usage and identify energy efficiency opportunities
  • Enhance air pollution control system
  • Develop and execute plan to achieve Zero-Waste objective
  • Reduce water consumption in operations
  • Foster continuous learning and skill development
  • Provide health and wellness programs
  • Update data privacy and security measures
  • Utilise blockchain technology to create a transparent and secure system for tracking waste
Short-term Goals:
  • Continue integrating renewable energy sources (additional solar panels)
  • Develop training programs for employees on energy efficiency
  • Quantify emissions across Scope 1, 2, and 3
  • Enhance waste recycling activities
  • Conduct routine environmental monitoring
  • Create a more inclusive and heterogenous workforce
  • Promote recycling and sustainable practices
  • Regular safety training for all stakeholders
  • Enhance data security awareness among employees

Environmental Challenges

  • High energy consumption
  • Non-compliance of effluent discharged from premise
  • Improper general waste disposal at site
  • Non-compliance with ambient air quality and stack emission
  • Non-compliance with scheduled waste management standard and guideline
  • Potential perceptions – noise, odour, visual impacts from facility
  • Lack of diversity leading to a homogeneous workforce
  • Workplace accidents
  • Non-compliance with labour law
  • Data breaches leading to loss of sensitive information
  • Anti-corruption issue within organisation
  • Inefficient supply chain practices
  • Economic volatility
Mitigation Strategies
  • Investing in solar panel systems and energy-efficient technologies
  • Regular monitoring on the effluent discharged and installing rainwater harvesting system
  • Providing recycling bins at premises and encouraging waste recycling practices
  • Installing and regularly maintaining air pollution control system
  • Ensuring compliance with regulations and investing in R&D
  • Continuous effort in Community engagement and stakeholder dialogue
  • Actively promote diversity
  • Developing EHS & R2 policies, conducting safety training, and enforcing contractor safety standards
  • Ensuring regulatory compliance, improving employee satisfaction, and increasing training programs
  • Implementing strong access controls and employee security awareness training
  • Providing anti-corruption training to all levels of employees
  • Adopting sustainable procurement approach and supplier performance monitoring
  • Diversifying revenue streams and expanding market reach

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritising local suppliers
  • Implementing sustainable sourcing practices

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guide, GRI Standards

Certifications: ISO 14001:2015, OHSAS 18001, ISO 9001:2015, ISO 45001:2018, R2:2013, TAPA TSR Level 1, TAPA FSR Level A

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 12: Responsible Consumption and Production

SPSB strives to achieve an optimal balance between operational efficiency and environmental sustainability.

Sustainable Products & Innovation

  • ECO Green products (precious metal ingots)
  • ENS Secondary Aluminium Alloy ingots

Awards & Recognition

  • ESG Positive Impact Award 2022 (Large Company Tier): Environmental Category - Responsible Consumption & Production (Silver)
  • Human Resources Excellence Awards 2023