MTAG Group Berhad
Climate Impact & Sustainability Data (2020-06-30 to 2021-06-30)
Reporting Period: 2020-06-30 to 2021-06-30
Environmental Metrics
Total Energy Consumption:1.1 million kWh
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- ISO 14001:2015 certification for Environmental Management System (EMS)
- Zero cases of environmental non-compliance
- Zero environmental complaints
- Successfully adjusted electricity tariff to industrial rate, expecting 13% cost savings
- Adherence to all national regulations and procedures in respect to waste management
Social Achievements
- No retrenchments or salary deductions due to Covid-19
- Continued bonus payments during Covid-19
- Increase in female employees from 40% to 43%
- Zero sexual harassment incidents
- Compliance with minimum wage
Governance Achievements
- Established Sustainability Governance Structure
- Continued enhancement of Sustainability Governance
- Held virtual AGM, demonstrating commitment to shareholder engagement
Climate Goals & Targets
Environmental Challenges
- Covid-19 pandemic impacting operations and supply chain
- Managing noise pollution from operations
Mitigation Strategies
- Obtained authorities’ approval to continue operating during MCO
- Maintained communication with suppliers and customers
- Monitored financial performance and allocated resources prudently
- Implemented vaccination program for employees
- Established quarantine facility
- Provided safe working environment and PPE
- Conducted daily disinfection and sanitization
- Maintained remote work arrangements
- Undertook staff planning and rotation
- Conducted periodic noise assessments and implemented noise-reducing measures
- Equipped workers with hearing protection and conducted hearing tests
Supply Chain Management
Responsible Procurement
- Strict selection process for suppliers based on work track record, market reputation, product and service quality, supply and pricing
- Supporting local economy by procuring domestically where feasible
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia Securities Berhad’s ACE Market Listing Requirements, Sustainability Reporting Guide and Toolkits (2nd Edition)
Certifications: ISO 9001:2015 (Toyo Sho), ISO 14001:2015