Climate Change Data

ACMA Ltd and its subsidiaries

Climate Impact & Sustainability Data (2017, 2019, 2020, 2021, 2022, 2023)

Reporting Period: 2017

Environmental Metrics

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Governance Achievements

  • Established a Whistle-blowing policy to promote responsible reporting of questionable business practices, misconduct, etc.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Group procurement policy provides guidelines and control principles for various stages of the procurement process such as selection and evaluation of suppliers with the view to minimizing supply chain risk and enhancing flexibility. Efforts to ensure diverse supply sources to manage supply chain risk and encourage price and service competition.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards - Core reporting requirements

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Governance Achievements

  • No confirmed incidents of corruption during FY2019.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Our Group procurement policy provide guidelines and control principles for various stages of the procurement process such as selection and evaluation of suppliers with the view to minimizing supply chain in risk and enhancing flexibility. We also take effort when appropriate to ensure diverse supply sources as we believe this will help manage our supply chain risk as well as encourage price and service competition between existing and potential suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards-Core Reporting requirements

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Governance Achievements

  • No confirmed incidents of corruption during FY2020.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Our Group procurement policy provide guidelines and control principles for various stages of the procurement process such as selection and evaluation of suppliers with the view to minimizing supply chain in risk and enhancing flexibility. We also take effort when appropriate to ensure diverse supply sources as we believe this will help manage our supply chain risk as well as encourage price and service competition between existing and potential suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards-Core Reporting requirements

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Environmental Achievements

  • No incidences of non-compliance with environmental laws and regulations in FY2021.

Social Achievements

  • Maintained a diverse workforce in terms of gender and age.
  • Provided training courses to enhance employee skills and knowledge.

Governance Achievements

  • Maintained strong corporate governance and risk management practices.
  • No confirmed incidents of corruption during FY2021.
  • Policies for Whistleblowing and Interested person transactions have been established and updated regularly.

Climate Goals & Targets

Short-term Goals:
  • Maintain zero incidence of non-compliance with environmental laws and regulations in FY2022.
  • Continue the Group’s existing policies in FY2022 and strive to maintain zero incidences of confirmed corruption.

Environmental Challenges

  • Ongoing COVID-19 pandemic affected stakeholder engagement.
Mitigation Strategies
  • The Group continued efforts in incorporating feedback from stakeholders into strategies and business operations despite pandemic restrictions.

Supply Chain Management

Responsible Procurement
  • Group procurement policy provides guidelines and control principles for various stages of the procurement process such as selection and evaluation of suppliers with the view to minimizing supply chain in risk and enhancing flexibility.
  • Efforts to ensure diverse supply sources to manage supply chain risk and encourage price and service competition.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards-Core Reporting

Reporting Period: 2022

Environmental Metrics

Total Energy Consumption:0.16 kWh/revenue dollar (FY2022)
Water Consumption:0.00063 m³/revenue dollar (FY2022)

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Environmental Achievements

  • Overall energy intensity decreased by 5.9% from 0.17 kWh per dollar of revenue in FY2021 to 0.16 kWh in FY2022.

Social Achievements

  • Target Gender Mix and Age Mix was met for female employees (at least 30%) and employees over 50 years old (at least 8%).
  • Number of work-related accidents decreased from 6 in FY2021 to 5 in FY2022.

Governance Achievements

  • Zero confirmed incidents of corruption in FY2022.
  • Interested person transactions closely monitored by the Board.

Climate Goals & Targets

Short-term Goals:
  • Lower incidence of work-related accidents in FY2023.
  • Maintain or lower energy and water consumption levels in FY2023.
  • Reduce the incidence of non-compliance with environmental laws and regulations in FY2023.

Environmental Challenges

  • Water consumption increased by 3.3% from 0.00061 m³ per dollar of revenue in FY2021 to 0.00063 m³ in FY2022.
  • Two incidences of non-compliance with environmental laws and regulations resulting in penalties of approximately S$11,000.
Mitigation Strategies
  • Monitoring electricity and water consumption closely and considering initiatives to reduce wastage.
  • Aiming to reduce the incidence of non-compliance with environmental laws and regulations in FY2023.

Supply Chain Management

Responsible Procurement
  • Group procurement policy provides guidelines and control principles for supplier selection and evaluation to minimize risk and enhance flexibility.
  • Efforts to ensure diverse supply sources to manage supply chain risk and encourage competition.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001 (PRC-based operations)

Reporting Period: 2023

Environmental Metrics

Total Energy Consumption:0.14 kWh/dollar revenue (FY2023)
Water Consumption:0.00056 m3/dollar revenue (FY2023)

ESG Focus Areas

  • Employees
  • Environment
  • Corporate Governance

Environmental Achievements

  • Overall energy intensity decreased by 12.5% from 0.16 kWh per dollar of revenue in FY2022 to 0.14 kWh in FY2023.
  • Water consumption decreased by 11.1% from 0.00063 m3 per dollar of revenue in FY2022 to 0.00056 m3 in FY2023.
  • Zero incidences of non-compliance with environmental laws and regulations in FY2023.

Social Achievements

  • Target Gender Mix and Age Mix was met (female employees and employees over 50 years old constituted at least 30% and 8% of the workforce respectively).
  • Number of work-related accidents decreased to 4 in FY2023 from 5 in FY2022.

Governance Achievements

  • Zero confirmed incidents of corruption in FY2023.
  • Interested person transactions closely monitored by the Board.

Climate Goals & Targets

Long-term Goals:
  • Maintain or lower energy and water consumption.
  • Maintain zero incidence of non-compliance with environmental laws and regulations.
Medium-term Goals:
  • Maintain or lower energy and water consumption.
  • Maintain zero incidence of non-compliance with environmental laws and regulations.
Short-term Goals:
  • Maintain or lower energy and water consumption in FY2024.
  • Maintain zero incidence of non-compliance with environmental laws and regulations in FY2024.
  • Maintain or lower incidence of work-related accidents in FY2024.

Environmental Challenges

  • Closure of PRC-based mould manufacturing subsidiary (ATX) resulting in employee reduction.
  • Maintaining a sustainable supply chain without long-term exclusive agreements with suppliers.
Mitigation Strategies
  • Procurement policy provides guidelines and control principles for minimizing supply chain risk and enhancing flexibility.
  • Efforts to ensure diverse supply sources to manage supply chain risk and encourage price and service competition.

Supply Chain Management

Responsible Procurement
  • Group procurement policy provides guidelines and control principles for supplier selection and evaluation.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 45001 (PRC-based operation)