Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Supply Chain
• Occupational Safety and Health
• Community Engagement

Environmental Achievements

• 8.18% Decrease in Fuel Consumption
• Installed 3.5 Megawatts solar energy capacity on Klang factory rooftops
• Planned installation of another 1.5 Megawatts solar energy in Thailand

Social Achievements

• Zero Workplace Fatalities
• 540 hours of Employee Training
• 100% of employees fully vaccinated against COVID-19

Governance Achievements

• Established a sustainability governance structure including a Sustainability Working Group and various corporate committees
• Adopted Anti-Bribery and Corruption Policy
• Implemented Whistleblowing Policy
• Zero incidents of anti-corruption

Climate Goals & Targets

Environmental Challenges

• Over reliance on a few customers
• Appreciation/depreciation of USD against MYR
• Quality Assurance and Quality Control
• Fluctuation of aluminum price
• Natural disasters
• Minimum wage rise
• Decline in PPE demand
• Subdued automotive sector
• Structural decline in SLR camera sector

Mitigation Strategies

• Diversifying customer base
• Upgrading and renewing manufacturing capability using automation and optical inspection systems
• Increasing productivity, multi-tasking and automation
• Maintaining 3 fully operational glove lines
• Refocusing on high precision machining
• Fully utilising indirect aluminum extrusion and special tool making capability
• Strengthening supply chain policies and procedures

Supply Chain Management

Supplier Audits: Annual existing supplier assessment

Responsible Procurement

• Ethical supply chain through robust governance and cooperation with vendors
• ABC Policy applies to all business associates
• Assessment of new vendors based on quality, pricing, capacity, and history

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, flooding

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Bursa Malaysia Securities Berhad’s Sustainability Reporting Guide, GRI Standards, UN SDGs

Certifications: ISO 9001:2015, IATF 16949, ISO 13485, ISO 14001

Third-party Assurance: Internal assurance; planning to obtain external assurance in the future

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social

Environmental Achievements

• Installed rooftop solar energy system, resulting in a 36% decrease in electricity consumption compared to FY2022.
• Reduced diesel consumption by 16.8% compared to FY2022.

Social Achievements

• 100% of permanent employees received benefits including medical leaves, annual leaves.
• Conducted various health and safety trainings for 72 employees in 2023.
• Organised a blood donation programme with 185 qualified donors.

Governance Achievements

• Implemented Anti-Bribery and Anti-Corruption Policy in May 2020, with 100% of employees undergoing anti-corruption training in FY2023.
• Adopted a Sustainability Policy on 27 November 2023.
• Established a Whistleblowing Policy and Procedure.

Climate Goals & Targets

Environmental Challenges

• Over-reliance on a few MNC customers.
• Appreciation/depreciation of the US Dollar and Euro against the Malaysian Ringgit.
• Quality assurance and quality control.
• Fluctuation of aluminium price.
• Natural disasters.
• Reduced orders from HDD business due to reduced spending in data storage.

Mitigation Strategies

• Diversifying customer base in different sectors.
• Implementing rigorous monitoring and mitigation protocols to prevent environmental pollution.
• Geographical diversification of business operations.
• Investing in computer numerical control (CNC) machines to cater for growth in HDD, Automotive and EMS businesses.
• Strengthening multiple sources of income in various niche markets.

Supply Chain Management

Supplier Audits: Annual assessment of existing suppliers.

Responsible Procurement

• Ethical dealings with suppliers; robust governance and close collaboration with vendors and suppliers; compliance with anti-bribery and anti-corruption standards; local procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Severe and unpredictable floods and storms

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, Bursa Securities’ Sustainability Reporting Guide (3rd Edition)

Certifications: ISO 9001, ISO 14001, IATF 16949

Third-party Assurance: Internal assurance

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Social Responsibility
• Environmental Responsibility

Social Achievements

• Creating safe, healthy and secured working environments free from any form of danger and sexual harassment
• Embracing social equity and diversity
• Supporting good causes and charities
• Promoting corporate social responsibilities

Governance Achievements

• Establishing a standard of ethical behaviour for Directors
• Upholding the spirit of professionalism, objectivity, transparency, and accountability

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities