Climate Change Data

Innity Corporation Berhad

Climate Impact & Sustainability Data (2023, 2024)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:0.02 Gg CO2e/year (Scope 3)
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:0 tCO2e/year
Scope 3 Emissions:0.02 Gg CO2e/year
Total Energy Consumption:164,310 kWh/year
Water Consumption:829 cu.m/year (Singapore & Philippines)
Waste Generated:15 tons/year (laptops and monitors)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Initiated waste management protocols, with a focus on laptop and monitor recycling (100% recycling rate).
  • Implemented flexible working days to reduce energy consumption.
  • Began calculating emissions associated with virtual machine (VM) services (Scope 3).

Social Achievements

  • Partnered with Upcycled by Fuze Ecoteer to raise awareness about plastic recycling.
  • Partnered with Ibupreneur, a social enterprise supporting unemployed mothers.

Governance Achievements

  • Achieved ISO 27001:2013 certification for information security.
  • Awarded TAG Brand Safety and Anti-Fraud Certification.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 30% women in leadership roles.
Short-term Goals:
  • Increase employee retention by 5% by 2026.
  • Increase CSR activity year-by-year.
  • Maintain water consumption levels.
  • Maintain energy consumption levels.

Environmental Challenges

  • Declining revenues in most overseas business units.
  • Increased competition.
  • Rising operational costs.
  • Long outstanding trade receivables.
  • Dependency on a handful of major customers.
  • Geopolitical conflicts and economic instability in Myanmar.
  • Cybersecurity risks.
Mitigation Strategies
  • In-depth review of rationalising, restrategising and reconfiguring overseas business units.
  • Strengthening credit control and recovery procedures.
  • Securing new businesses and customers.
  • Improving cordial and long-term customer relationships.
  • Discovering viable business opportunities in overseas networks.
  • Obtaining ISO 27001:2013 certification.
  • Implementing robust cybersecurity measures and enhancing data management practices.

Supply Chain Management

Supplier Audits: Annual performance reviews

Responsible Procurement
  • Ethical business practices
  • Prioritising local suppliers (83% in 2023)

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Bursa Malaysia’s Ace Market Listing Requirements, Bursa Malaysia’s Sustainability Reporting Guide (3rd Edition), GRI Standards, SASB Standards, ISSB Standards

Certifications: ISO 27001:2013, TAG Brand Safety and Anti-Fraud Certification

UN Sustainable Development Goals

  • Goal 7: Affordable and Clean Energy
  • Goal 8: Decent Work and Economic Growth
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 10: Reduced Inequalities
  • Goal 11: Sustainable Cities and Communities
  • Goal 12: Responsible Consumption and Production
  • Goal 13: Climate Action
  • Goal 16: Peace, Justice and Strong Institutions

Innity's initiatives contribute to these goals through various environmental, social, and governance programs.

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Governance
  • Economic
  • Environment
  • Social

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Uphold high ethical standards among suppliers and develop long-term partnerships that share our commitment to sustainability.

Climate-Related Risks & Opportunities