Esthetics International Group Berhad
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Scope 1 Emissions:338.59 tCO2e
Scope 2 Emissions:690.18 tCO2e
Scope 3 Emissions:427.94 tCO2e
Total Energy Consumption:884,851 MWh/year (HQ)
Water Consumption:5,941 m3/year (HQ)
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Corporate Governance and Ethics
Environmental Achievements
- Launched revamped Clinelle Essential range with PCR plastic packaging to reduce virgin plastic usage.
- Held first Davines Sustainability Roadshow featuring collaborations with sustainability partners and talks by industry experts.
- Continued "Be the Ocean Keeper" campaign to raise awareness of plastic waste reduction.
Social Achievements
- Opened three new outlets in Malaysia and one in Singapore.
- Partnered with vocational colleges to provide education and employment opportunities.
- Maintained over 88% female employees.
Governance Achievements
- Adopted poll voting for shareholder resolutions.
- Established whistleblowing process and Anti-Bribery and Corruption Policy.
- Undertook board evaluation.
Climate Goals & Targets
Long-term Goals:
- Clinelle aims to be climate positive, land positive, and people positive by 2026.
Environmental Challenges
- Post-pandemic inflationary pressures and high US Dollar/Euro exchange rates impacting margins.
- Increasing competition and cautious consumer demand.
- Changing market dynamics in Hong Kong.
Mitigation Strategies
- Focus on recruiting new customers, expanding into new channels, launching innovative products and services.
- Rationalised non-productive outlets.
- Investing in marketing to build brand equity and customer loyalty.
Supply Chain Management
Responsible Procurement
- Long-term relationships with suppliers emphasizing safety, quality, and ethical practices.
- Selective sourcing of international brands with established sustainability initiatives (e.g., Dermalogica, Davines).
- Supplier qualification and selection criteria for Clinelle, ensuring GMP certification.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, heavy rain) disrupting operations.
Sustainable Products & Innovation
- Revamped Clinelle Essential range with PCR plastic packaging.