KUCHAI DEVELOPMENT BERHAD
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environment
- Economic
- Social
Environmental Achievements
- Enforced zero-burning policy during land clearing in Semenyih, using felled trees as organic fertilizer.
- Nil fines or penalties from environmental law violations.
Social Achievements
- Commitment to Malaysian labor regulations and human rights; striving for a discrimination-free workplace.
- Employee training and development initiatives.
Governance Achievements
- Established a Risk Management Committee comprising Independent Directors.
- Annual review and update of risk management profile.
Climate Goals & Targets
Environmental Challenges
- Fluctuations in foreign exchange and market valuation of investments.
- Increasing regulatory compliance requirements.
- Succession planning.
Mitigation Strategies
- Maintaining a healthy financial position with no bank borrowings and sufficient cash reserves.
- Building a fixed income portfolio to strengthen treasury operations.
- Continuous review and maintenance of internal controls and risk management practices.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide (Second Edition, updated in 2018)