Climate Change Data

Choo Chiang Holdings Ltd.

Climate Impact & Sustainability Data (2017, 2018, 2019, 2020, 2021, 2023)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Governance
  • People

Environmental Achievements

  • Worked with waste contractors on long-term no-waste ambition; reduced impact on natural environment through waste management and recycling of copper and paper; raised employee awareness on sustainable development.

Social Achievements

  • Invested in employee training programs in new technology; launched internal training programs offering progression mobility; encouraged integration of safety and regular communication into daily work; 100% of employees received regular performance and career development reviews.

Governance Achievements

  • Established a Sustainability Council and a Sustainability Working Group; implemented a robust governance framework; ensured compliance with relevant legislation, regulations, and codes of practice; conducted supplier assessments based on ISO standards.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: 100% of new suppliers in 2017 were screened using environmental criteria.

Responsible Procurement
  • Initial screening for all new suppliers; assessment aligned with ISO or OHSAS standards; benchmarking against QMS-ISO 9001, H&S-OHSAS 18001, EMS-ISO 14001 or equivalent standards.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI Standards – Core Option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Worked with waste contractors on long-term no-waste ambition; reduced impact on natural environment through efficient waste management and recycling; raised employee awareness on sustainable development.

Social Achievements

  • Invested in employee trainings to promote professional and personal development; rewarded employees who uphold company values.

Governance Achievements

  • Complied with the Code of Corporate Governance 2012; established a robust governance framework to ensure objectives are met.

Climate Goals & Targets

Environmental Challenges

  • Road traffic safety risks across the supply chain.
Mitigation Strategies
  • Established a health and safety committee; implemented a road safety policy; logged accidents to support employee recovery; provided health and safety training.

Supply Chain Management

Supplier Audits: 100% of new suppliers in 2018

Responsible Procurement
  • Initial screening process for all suppliers aligning with ISO or OHSAS standards.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Economic Performance
  • Environmental Performance
  • Social Performance
  • Governance

Environmental Achievements

  • 100% of new suppliers were assessed using environmental criteria and passed the Group’s screening process.

Social Achievements

  • Workplace injury rate and accident severity rate maintained below 2% and 0.05% respectively.
  • 216 hours of training provided to all employees.
  • Average training hours per employee increased by 5%.

Governance Achievements

  • Full compliance with the Code of Corporate Governance issued by the Monetary Authority of Singapore.

Climate Goals & Targets

Medium-term Goals:
  • Maintain 100% assessment for new suppliers.
Short-term Goals:
  • Maintain workplace injury rate at below 2% and accident severity rate at below 0.05%.

Environmental Challenges

  • Road traffic safety risks across the supply chain.
  • Two road accidents with non-serious injuries involving lorry drivers.
  • Two minor workplace injuries.
Mitigation Strategies
  • Established a health and safety committee.
  • Longstanding road safety policy in place.
  • Continued emphasis on managing workplace health and safety.
  • Providing health and safety sessions internally.

Supply Chain Management

Supplier Audits: 100% of new suppliers

Responsible Procurement
  • Initial screening process aligned with ISO or OHSAS standards.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Economic Performance
  • Environmental Performance
  • Social Performance
  • Governance

Environmental Achievements

  • 100% of new suppliers in 2020 were screened using environmental criteria.
  • Worked with waste contractors on long-term no-waste ambition, reducing impact through efficient waste management and recycling.

Social Achievements

  • No workplace injury reported in FY2020.
  • One traffic accident with non-serious injuries involving a Group driver.
  • Provided lodging allowances and assistance for Malaysian staff during border closure.
  • 764 hours of training provided to employees, exceeding the target of a 1% increase in average training hours per employee.

Governance Achievements

  • Full compliance with the Code of Corporate Governance issued by the Monetary Authority of Singapore.

Climate Goals & Targets

Environmental Challenges

  • Impact of Covid-19 pandemic on customer demand and revenue, requiring implementation of a Covid-19 business continuity plan.
  • Road traffic safety risks across the supply chain.
Mitigation Strategies
  • Implemented Covid-19 business continuity plan (BCP) including measures to keep employees safe (social distancing, staggered working hours, mandatory mask wearing, telecommuting).
  • Provided lodging allowances and assistance for Malaysian staff.
  • Established a health and safety committee to monitor and advise on occupational health and safety matters.
  • Longstanding road safety policy in place.

Supply Chain Management

Supplier Audits: 100% of new suppliers assessed through environmental criteria and Group’s screening process.

Responsible Procurement
  • Initial screening process for all suppliers aligned with ISO or OHSAS standards.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Economic Performance
  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Worked with waste contractors on long-term no-waste ambition; reduced impact on natural environment through efficient waste management and recycling of copper and paper; raised employee awareness on sustainable development.

Social Achievements

  • Invested in employee training to promote professional and personal development; no staff retrenchment due to Covid-19; no pay cuts or unpaid leave; maintained a safe working environment with measures to mitigate Covid-19 risks.

Governance Achievements

  • Established a Sustainability Council and Working Group; complied with the Code of Corporate Governance; maintained integrity, transparency, accountability, and discipline in all practices.

Climate Goals & Targets

Environmental Challenges

  • Economic impact and uncertainty from the prolonged Covid-19 situation; supply chain disruptions due to Covid-19; road traffic safety risks associated with distribution operations.
Mitigation Strategies
  • Implemented flexible working arrangements (staggered hours, work-from-home, split teams); encouraged hygiene practices, workplace cleanliness, and social distancing; provided masks and implemented daily sanitizing; worked closely with suppliers to minimize supply chain disruptions; established a health and safety committee; implemented road safety policies.

Supply Chain Management

Supplier Audits: 100% of new suppliers in 2021 were screened using environmental criteria (H&S - OHSAS 18001, QMS - ISO 9001, EMS - ISO14001 or equivalent).

Responsible Procurement
  • Initial screening process for all suppliers aligned with ISO or OHSAS standards; close collaboration with suppliers to minimize supply chain disruptions from Covid-19.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Reporting Period: 2023

Environmental Metrics

Total Energy Consumption:359,000 kWh/year
Water Consumption:3,253 m3/year

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced electricity intensity from 0.0041 kWh/S$ in FY2022 to 0.0039 kWh/S$ in FY2023.
  • Maintained water intensity below 0.00005 m3/S$ in FY2023.
  • Achieved zero environmental non-compliance in FY2023.
  • 100% of new suppliers in 2023 were screened using environmental criteria.

Social Achievements

  • Provided 2,348 hours of training to employees in FY2023.
  • Maintained workplace injury rate at below 2% and accident severity rate at below 0.05%.

Governance Achievements

  • Complied with the Code of Corporate Governance issued by the Monetary Authority of Singapore.
  • Zero incidents of breach of conflict-of-interest policy in FY2023.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Improve energy efficiency and reduce electricity intensity further.
  • Enhance water conservation efforts.
  • Continuously enhance environmental stewardship practices.
  • Continuously enhance workplace safety measures.
Short-term Goals:
  • Maintain electricity intensity below 0.005 kWh/S$ in FY2024.
  • Maintain water intensity below 0.00005 m3/S$ in FY2024.
  • Maintain zero environmental non-compliance in FY2024.
  • Maintain workplace injury rate at below 2% and accident severity rate at below 0.05% in FY2024.
  • Maintain no incident of breach of conflict-of-interest policy in FY2024.

Environmental Challenges

  • Climate-related risks such as extreme weather affecting delivery and staff health, equipment lifespan, and potential supply chain disruptions.
  • Transition risks from increasing government regulations on energy efficiency, waste reduction, and sustainable sourcing.
  • Reputational risks from growing stakeholder expectations regarding climate-related actions.
Mitigation Strategies
  • Installing canopies on lorries, ensuring well-ventilated premises, regular vehicle maintenance, insurance coverage, and deploying air purifiers as needed.
  • Staying informed about regulatory changes and adapting business practices.
  • Building internal knowledge of climate-related risks, integrating them into business decisions, and communicating transparently to stakeholders.
  • Investing in LED lighting, exploring solar rooftops, and considering electric vehicles to improve energy efficiency and reduce emissions.
  • Encouraging resource reuse and transitioning to electronic formats to minimize waste.

Supply Chain Management

Supplier Audits: 100% of new suppliers screened in FY2023

Responsible Procurement
  • Initial supplier screening process aligned with ISO and OHSAS standards.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme heat and heavy rain affecting delivery and staff health, equipment lifespan.
  • Weather changes affecting vehicle and equipment lifespan.
  • Air pollution from haze affecting staff and customer health.
Transition Risks
  • Regulatory and compliance changes impacting operations.
  • Reputational risks from growing stakeholder preferences.
Opportunities
  • Improving energy efficiency to reduce operating costs.
  • Waste reduction to minimize environmental impact.

Reporting Standards

Frameworks Used: GRI Standards (GRI Universal Standards 2021), TCFD