Techna-X Berhad

Climate Impact & Sustainability Data (2018, 2022)

Completion of upgrade of coke oven dust removal equipment, substantially reducing particulate and dust pollution.
Improved water treatment plant meeting stringent requirements of the Ministry of Environmental Protection.
Installation of more environmentally friendly and efficient “dry quenching” facilities, conserving water and reducing waste water and dust/ash emission.
Recycling of chemical by-products and reduction of hazardous gas emissions through gas purification and treatment.

Recruitment priority given to residents of Linyi, regardless of gender, ethnicity or age.
Strict enforcement of occupational safety and health policies and procedures, aiming for zero accidents and fatalities.

Formalized code of conduct for directors incorporated in the Code of Ethics and Business Conduct.
Established a whistleblowing policy.
Annual assessment to evaluate the effectiveness of the Board and Board Committees, as well as the performance of each individual Director.

Lingering uncertainties in the external economic environment (US interest rates, US-China trade tensions).
Continuous decline of China economic growth and subdued domestic demand.
Weak global commodity prices and erratic global oil prices.
Economic and geopolitical risks (Brexit, Europe, Middle East).
Production curbs due to government's environmental protection and pollution control efforts.
Inability to reactivate ovens #4 and #5 due to pending governmental approvals.

Cautious monitoring of governmental policies and taking appropriate remedial actions.
Proactive steps to diversify into other areas of business (tech-enabling business, casual dining industry).

Reduction of carbon emission by 50% through the development of new energy principally revolved around the use of its own patented rare metal supercapacitor

Competitive incentives and remunerations to retain key personnel
Strategic initiatives to gain first-mover advantage in technology
Research and development in upcoming technologies
Financial instruments to hedge foreign exchange exposure
Monitoring relevant policies on foreign investment and repatriation of profits
Utilizing technology and applications for customer service in F&B
Attracting and employing local graduating students in F&B
Marketing strategies and operational enhancements in F&B
Good relationship with landlords and reputation of restaurants in F&B
Compliance with franchise agreements and remedial actions
Market research to identify changes in consumer preferences
Monitoring and reviewing business strategies in response to changes in political, economic and regulatory conditions

Frameworks Used: UNSDG

The report details how Techna-X's initiatives contribute to these goals.