Climate Change Data

Inari Amertron Berhad and its subsidiaries

Climate Impact & Sustainability Data (2020-07 to 2020-06, 2021-07 to 2022-06, 2022-07 to 2023-06, 2023-07 to 2024-06)

Reporting Period: 2020-07 to 2020-06

Environmental Metrics

Total Carbon Emissions:69,660 tCO2e
Scope 1 Emissions:0.31 tCO2e
Scope 2 Emissions:69.35 tCO2e
Total Energy Consumption:364,956 GJ
Water Consumption:732,498 m3
Waste Generated:574 tons

ESG Focus Areas

  • Economic
  • Environmental
  • Workplace
  • Local Communities

Environmental Achievements

  • Decreased total energy consumption by 1.4% and GHG emissions by an unspecified amount in FY2020 compared to FY2019.
  • Achieved 90.06% recycling, reuse, and recovery rate of waste generated in FY2020.

Social Achievements

  • Decreased employee turnover rate by 13.1% compared to FY2019.
  • Conducted employee engagement survey with 90% response rate and 80% overall positive feedback.
  • Zero discrimination, child labor, and human rights grievances reported in FY2020.

Governance Achievements

  • Met the globally recognized standard and qualified for inclusion into the FTSE4Good Bursa Malaysia Index since June 22, 2020.
  • No misconduct cases reported in FY2020.
  • No whistleblowing cases reported in FY2020.
  • No reported incidents of corruption or breaches against the Anti-Corruption and Bribery Policy in FY2020.

Climate Goals & Targets

Short-term Goals:
  • Reduce GHG emissions by 3%, 6%, and 7% through various initiatives.

Environmental Challenges

  • Slight increase in energy consumption in Malaysia due to production floor expansion.
  • Increase in water consumption due to production floor expansion in Malaysia.
Mitigation Strategies
  • Implemented energy efficiency projects (re-engineering equipment, LED lighting, etc.).
  • Planning to install solar panels.
  • Implementing water-saving plans (rainwater harvesting, converting to dual spindle machines).

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Fair procurement practices
  • Supplier screening
  • Supporting local ecosystem and local procurement
  • Conflict-Free Minerals Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards Core Option, Bursa Malaysia’s Sustainability Reporting Guide and Toolkits, UN Sustainable Development Goals

Certifications: ISO 9001:2015, ISO 14001

Awards & Recognition

  • Asiamoney Awards 2019
  • Industry Excellence Platinum Award 2019
  • All Executive Team 2019
  • Broadcom’s Strong Partnership & Excellent Shipment Support for 2018
  • The Edge Billion Ringgit Club Awards 2018
  • Malaysia Investor Relations Awards (MIRA) 2018
  • Financial Times FT1000 High-Growth Companies Asia Pacific 2018
  • Broadcom’s Best Supplier Award 2010, 2015 & 2017
  • Forbes Asia 200 Best Under A Billion Company Award 2014, 2015 & 2016
  • BestBrands Blue Chip Award 2013

Reporting Period: 2021-07 to 2022-06

Environmental Metrics

Total Carbon Emissions:79,328 tCO2e/year
Scope 1 Emissions:525 tCO2e/year
Scope 2 Emissions:78,803 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:421,724 GJ/year
Water Consumption:754,491 m3/year
Waste Generated:698.7 tons/year
Carbon Intensity:0.00404 tCO2e/FOU

ESG Focus Areas

  • Economic sustainability
  • Environmental sustainability
  • Workplace sustainability
  • Local Communities

Environmental Achievements

  • Minor increase in energy intensity from FY2021 (0.0000205 GJ/FOU) to FY2022 (0.0000215 GJ/FOU) due to increase in volume of production/factory output unit. Nevertheless, we achieved lower energy intensity over 3 years
  • Minor increase in GHG emissions intensity from FY2021 (0.00385 tCO2e/FOU) to FY2022 (0.00404 tCO2e/FOU) due to increase in volume of production/factory output unit. Nevertheless, we achieved a decrease in GHG emissions intensity over 3 years
  • Decrease of 5% in water intensity
  • 100% compliance with local regulatory requirements for wastewater discharge
  • Achieved 95% 3R rate in Malaysia

Social Achievements

  • Achieved an overall satisfaction score of 96% in employee engagement survey
  • 60% of female employees in the global workforce
  • Achieved 30,908 of total training hours with an average of 5 hours per employee
  • 100% of employees received performance reviews
  • Zero cases reported for forced/child labour, discrimination or grievances on human rights
  • 6 minor cases of workplace injuries at operations in Malaysia, Philippines and China

Governance Achievements

  • Zero cases of non-compliance and ethical issue
  • Zero cases related to breaches of privacy and data protection
  • No reported incidents of corruption or breaches against our Anti-Corruption and Bribery Policy
  • No non-compliance and breaches of ethical issues was reported through the whistleblowing channels

Climate Goals & Targets

Long-term Goals:
  • Net Zero carbon emission by 2050
Medium-term Goals:
  • Reduce Scope 1 emissions by 5%, Scope 2 emissions by 3%, GHG intensity by 5%, energy consumption by 5%, energy intensity by 3%, water consumption by 5%, water intensity by 5%, waste generation by 5%
Short-term Goals:
  • Reduce Scope 1 emissions by 3%, Scope 2 emissions by 2%, GHG intensity by 2%, energy consumption by 3%, energy intensity by 2%, water consumption by 3%, water intensity by 5%, waste generation by 3%, achieve 90% 3R rate

Environmental Challenges

  • Increase in energy intensity and GHG emissions due to increased production volume
  • Increase in water consumption due to increased production volume
  • Minor increase in waste generation due to higher production volume
  • Pandemic impact on operations and employee well-being
Mitigation Strategies
  • Installation of solar panels at various plants
  • Replacement of perimeter night lights with solar panels
  • Enhancement to machine switch off plan
  • Conversion of screw compressors to centrifugal compressors
  • Conversion of T8 lighting to LED tubes
  • Implementation of water-saving measures (dual spindle machines, rinse water collection systems, rainwater harvesting)
  • Implementation of 3R program
  • Covid-19 response measures (mask-wearing, social distancing, swab tests, WFH)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Declaration Form
  • Conflict-Free Minerals Policy
  • Fair Procurement Practices
  • Supplier Due Diligence Questionnaire

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs, FTSE4Good Bursa Malaysia Index

Certifications: ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products complying with RoHS, REACH, and halogen-free requirements.

Awards & Recognition

  • Recognition from the Institution of Engineers Malaysia
  • Osram’s Supplier Achievement Awards
  • Asiamoney Awards
  • Industry Excellence Platinum Award
  • Broadcom’s Strong Partnership & Excellent Shipment Support
  • The Edge Billion Ringgit Club Awards
  • MIRA Best CEO for Investor Relations
  • Financial Times FT1000 High-Growth Companies Asia Pacific
  • Broadcom’s Best Supplier Award
  • Forbes Asia 200 Best Under A Billion Company Award
  • BestBrands Blue Chip Award

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:80,600 tCO2e/year
Scope 1 Emissions:314 tCO2e/year
Scope 2 Emissions:80,286 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:439,375 GJ/year
Water Consumption:713,687 m3/year
Waste Generated:724.5 tons/year
Carbon Intensity:0.00501 tCO2e/FOU

ESG Focus Areas

  • Corporate Governance and Ethics
  • Customer Satisfaction
  • Innovation
  • Supply Chain Management
  • Privacy and Data Protection
  • Employee Gender, Diversity and Inclusion
  • Employee Development and Talent Retention
  • Human and Labour Rights
  • Occupational Safety and Health
  • Employee Welfare
  • Local Communities
  • Energy Usage
  • Greenhouse Gas Emissions and Climate Change
  • Water Management
  • Waste Management
  • Product Stewardship

Environmental Achievements

  • Achieved short-term target on Scope 1 GHG Emission, water consumption and waste generation reduction
  • Planted 1,765 trees at our operation sites to support local ecosystems and improve air quality.
  • Obtained Green Energy Certificate for efforts in GHG Reduction by installing solar panels to move towards Net Zero by 2050.

Social Achievements

  • Achieved an overall satisfaction score of 95% in employee engagement survey
  • 65% of female employees in the global workforce
  • Achieved 44,129 total training hours with an average of 7 hours per employee
  • Zero cases reported for forced/child labour, discrimination or grievances on human rights
  • 724 interns hired this year with a total of 5,119 interns hired to date
  • Contributed a total of RM276,480 in CSR initiatives in FY2023
  • 28,765 volunteered hours contributed by employees on community services

Governance Achievements

  • Strengthened sustainability governance through the development and enhancement of the Sustainability Reporting Handbook and Framework, Corporate Liability and Corruption Risk Management Framework
  • No cases of non-compliance and ethical issue
  • Zero cases related to breaches of privacy and data protection
  • No reported incidents of corruption or breaches against our Anti-Corruption and Bribery Policy

Climate Goals & Targets

Long-term Goals:
  • Net Zero carbon emission by 2050
Medium-term Goals:
  • Reduce Scope 1 GHG emissions by 5%, Scope 2 by 3%, GHG intensity by 5%, energy consumption by 5%, energy intensity by 3%, water consumption by 5%, water intensity by 5%, waste generation by 5%
Short-term Goals:
  • Reduce Scope 1 GHG emissions by 3%, Scope 2 by 2%, GHG intensity by 2%, energy consumption by 3%, energy intensity by 2%, water consumption by 3%, water intensity by 5%, waste generation by 3%, achieve 90% 3R rate, zero injury incidents

Environmental Challenges

  • Supply chain risk due to material shortages
  • Climate change risks (e.g., water scarcity, extreme weather)
  • Minor increase in energy and GHG emissions intensity due to increased NPI activities
Mitigation Strategies
  • Developed alternative sourcing strategies for suppliers
  • Implemented water conservation measures (e.g., rainwater harvesting, recycling)
  • Implemented energy-saving projects (e.g., solar panel installation, LED lighting)
  • Emergency Response Preparedness for water scarcity and extreme weather

Supply Chain Management

Supplier Audits: Top 6 suppliers in Malaysia, Top 5 in Philippines, Top 4 in China audited annually.

Responsible Procurement
  • Supplier Code of Conduct (SCOC) covering environmental, social, and governance aspects
  • Supplier Declaration Form (SDF)
  • Conflict-Free Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs, FTSE4Good, TCFD

Certifications: ISO 14001:2015, ISO 45001:2018, IATF 16949:2016, Sony Green Partner, RoHS Compliant, REACH Compliant, Green Energy Certificate, Aqua Save Certificate, Penang Green Office

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products complying with RoHS, REACH, and halogen-free requirements

Awards & Recognition

  • Osram’s Supplier Achievement Awards 2023
  • Binary University of Management & Entrepreneurship Certificate of Leadership Excellence
  • Bureau of Customs Port of Clark International Airport Plaque of Recognition
  • Employees’ Provident Fund, Georgetown, Penang - Recognition of Best Employer 2022
  • The Edge Billion Ringgit Club Awards
  • Osram’s Supplier Achievement Awards 2022
  • Recognition from the Institution of Engineers Malaysia
  • All Executive Team 2019 awards
  • Industry Excellence Platinum Award 2019
  • Asiamoney Awards 2019
  • Financial Times FT1000 High-Growth Companies Asia Pacific 2018
  • Broadcom’s Strong Partnership & Excellent Shipment Support for 2018
  • MIRA Best CEO for Investor Relations (Mid Cap) 2018
  • The Edge Billion Ringgit Club Awards 2018 and 2016
  • Broadcom’s Best Supplier Award 2010, 2015 and 2017
  • Forbes Asia 200 Best Under A Billion Company Award 2014, 2015 and 2016
  • Best Brands Blue Chip Award 2013

Reporting Period: 2023-07 to 2024-06

Environmental Metrics

Total Carbon Emissions:87,369 tCO2e/year
Scope 1 Emissions:339 tCO2e/year
Scope 2 Emissions:87,030 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:472,737 GJ/year
Water Consumption:666,133 m3/year
Waste Generated:759.1 tons/year
Carbon Intensity:0.00503 tCO2e/FOU

ESG Focus Areas

  • Economic
  • Environmental
  • Workplace
  • Local Communities

Environmental Achievements

  • Minor decrease in energy intensity from FY2023 (0.0000273 GJ/FOU) to FY2024 (0.0000272 GJ/FOU)
  • Decrease of 13.6% in water intensity
  • 100% compliance with local regulatory requirements for wastewater discharge
  • Achieved 90% 3R target
  • Reduction of 1,407 tCO2e GHG emission

Social Achievements

  • Completed annual employee engagement survey for FY2024
  • 63% of female employees in the global workforce
  • Achieved total of 87,936 training hours with an average of 14 hours per employee
  • 100% of employees received performance reviews
  • Zero cases reported for forced/child labour, discrimination or grievances on human rights
  • 718 interns hired in FY2024 with a total of 5,837 interns hired to date

Governance Achievements

  • Zero cases of non-compliance and ethical issue
  • Zero cases related to breaches of privacy and data protection
  • No reported incidents of corruption or breaches against our Anti-Corruption and Bribery Policy

Climate Goals & Targets

Long-term Goals:
  • Net Zero Carbon Emissions by 2050
Medium-term Goals:
  • Percentage reduction target (%) - scope 1 (tCO2e) -5%
  • Percentage reduction target (%) - scope 2 (tCO2e) -3%
  • Percentage reduction target (%) - GHG Intensity (tCO2e / FOU) -5%
  • Percentage reduction target (%) - Energy consumption (GJ) -5%
  • Percentage reduction target (%) - Energy Intensity (GJ/ FOU) -3%
  • Percentage reduction target (%) - Water consumption (m 3) -5%
  • Percentage reduction target (%) - Waste generation (mt) -5%
Short-term Goals:
  • Percentage reduction target (%) - scope 1 (tCO2e) -3%
  • Percentage reduction target (%) - scope 2 (tCO2e) -2%
  • Percentage reduction target (%) - GHG Intensity (tCO2e / FOU) -2%
  • Percentage reduction target (%) - Energy consumption (GJ) -3%
  • Percentage reduction target (%) - Energy Intensity (GJ/ FOU) -2%
  • Percentage reduction target (%) - Water consumption (m 3) -3%
  • Percentage reduction target (%) - Water Intensity (m 3/ FOU) -5%
  • Percentage reduction target (%) - Waste generation (mt) -3%

Environmental Challenges

  • Minor increase in GHG emissions intensity from FY2023 (0.00501 tCO2e/ FOU) to FY2024 (0.00503 tCO2e/FOU) due to increase in New Product Introduction (“NPI”) activities from new and existing customers.
  • Supply Chain Risk
  • Climate Change Risk
Mitigation Strategies
  • Alternative sources of Suppliers (Facilities/equipment/materials to manage the supply chain issue).
  • Keep buffer stock according to Customers requirement for key raw material.
  • Early communication with Customers on foreseeable delays in delivery due to raw material shortages, Material Planner (“MP”) liaises with Customers and Suppliers for recovery plan to minimise the impact.
  • Yearly supplier performance monitoring and review.
  • Salvage reverse osmosis water for toilet flushing and plant water.
  • Available backup water retention in all plant (average retention up to 8 hours) to support basic requirements.
  • Completed cost saving projects for water at all plants and green/self-generated energy.
  • Elevate the ground level of all newly build or purchased building to prevent flood (i.e. ITSB is currently built above the minimum sea level requirement by Council).
  • Emergency Response Preparedness.

Supply Chain Management

Supplier Audits: Top 10 suppliers (Malaysia), top 3 suppliers (Philippines and China)

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Declaration Form

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs, FTSE4Good, TCFD

Certifications: ISO 14001:2015, ISO 45001:2018, IATF 16949:2016, ISO 9001:2015, Sony Green Partner, RoHS Compliant, REACH Compliance, Green Energy Certificate, Aqua Save Certificate, Penang Green Office

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • The Edge Billion Ringgit Club Awards 2024
  • Osram’s Supplier Appreciation Awards 2024
  • TalentCorp MySip Appreciation Award 2023
  • Malaysia SMART Manufacturing Award 2023
  • The Edge ESG 2023 – Silver Award
  • INTI International University and College Star Partner Award – Gold
  • Osram’s Supplier Achievement Awards 2023
  • Binary University of Management & Entrepreneurship Certificate of Leadership Excellence
  • Bureau of Customs Port of Clark International Airport Plaque of Recognition
  • Employees’ Provident Fund, Georgetown, Penang – Recognition of Best Employer 2022
  • The Edge Billion Ringgit Club Awards 2022
  • Osram’s Supplier Achievement Awards 2022
  • Recognition from the Institution of Engineers Malaysia
  • All Executive Team 2019
  • Asiamoney Awards 2019
  • Financial Times FT1000 High-Growth Companies Asia Pacific 2018
  • Broadcom’s Strong Partnership & Excellent Shipment Support for 2018
  • MIRA Best CEO for Investor Relations (Mid Cap) 2018
  • The Edge Billion Ringgit Club Awards 2018
  • The Edge Billion Ringgit Club Awards 2016
  • Broadcom’s Best Supplier Award
  • Forbes Asia 200 Best Under A Billion Company Award
  • Best Brands Blue Chip Award 2013