ASDION BERHAD
Climate Impact & Sustainability Data (2021-10 to 2022-09)
Reporting Period: 2021-10 to 2022-09
Environmental Metrics
ESG Focus Areas
- Economic enhancement
- Environmental impact
- Social contribution
Environmental Achievements
- Used materials such as papers, paper cartons and cardboard boxes are reused, where possible, or sent to recycling centers.
- Minimising energy consumption by using energy-saving lightbulbs and turning off lights when daylight is sufficient.
Social Achievements
- Enhanced corporate governance practices with the review of our whistleblower policy and procedure, fostering an environment where integrity and ethical behaviour are encouraged and maintained.
- Improved employee engagement through the intranet, providing timely and comprehensive information and current developments in the Company.
- Continued focus on talent development by offering employees learning opportunities via in-house and external training programs.
- Regular training on workplace safety, product handling, inspection of firefighting equipment, Fire Safety talk, Personal Protection Equipment talk and fire and chemical handling drills were carried out for the employees on a regular basis.
Governance Achievements
- Enhanced corporate governance practices with the review of our whistleblower policy and procedure, fostering an environment where integrity and ethical behaviour are encouraged and maintained.
- Established formal and transparent remuneration policies and procedures to attract and retain Directors.
Climate Goals & Targets
Environmental Challenges
- Disruption in the global supply chain in the third quarter of 2022.
- Significant increase of other expenses by RM1.18 million during the financial year.
Mitigation Strategies
- Closely monitored stringent criteria to assess the creditworthiness of customers and vigilant monitoring of collection in pursuit of overdue debts.
- Improving the efficiency of the utilisation of the Group resources (motor vehicles and plant and machinery).
Supply Chain Management
Responsible Procurement
- Green procurement guidelines, which recognise our responsibility and commitment to continuously improve our environmental credentials through responsible supplier sourcing, waste management, pollution prevention, use of renewable energy, energy efficiency and supply chain efficiency.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia Securities Berhad’s ACE Market Listing Requirements and Sustainability Reporting Guide