Press Metal Aluminium Holdings Berhad
Climate Impact & Sustainability Data (2018, 2019)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Economic Resilience & Excellence
- Sustainable Communities & Workforce
- Eco-Conscious Corporate Citizen
Environmental Achievements
- Carbon anode consumption reduced by 1.42% in PMS; Total water consumption reduced by 11% in midstream/downstream; Transportation cost savings reduced by 64%; Diesel consumption reduced by 8% in midstream/downstream
Social Achievements
- Average attrition rate decreased by 19.5%; Average training hours per employee increased by 111%; Local employment increased by 8%; Corporate Social Investment: RM1.4 million; Zero fatalities; Women in managerial roles increased by 4%; Zero whistle-blowing cases and ethical breaches
Governance Achievements
- Zero whistle-blowing cases; Zero non-compliance ethical breaches
Climate Goals & Targets
- Not disclosed
- Reduce water consumption by 10% by 2030
- Reduce water consumption by 5% by 2023; Increase female managerial roles to 30%; Maintain zero fatality; Increase female workforce to 20%; Increase VAPs contribution to 60% in FY2019
Environmental Challenges
- Supply disruptions in alumina market due to partial shutdown of alumina refinery in Brazil; Trade sanctions imposed by the USA impacting aluminium prices
Mitigation Strategies
- Acquisition of 50% equity interest in Japan Alumina Associates (Australia) Pty. Ltd. to secure long-term alumina supply; Increased production of value-added products to remain competitive
Supply Chain Management
Supplier Audits: Annual supplier assessment
Responsible Procurement
- Vendor Code of Conduct; Local procurement; Annual supplier assessment
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide, Global Reporting Initiative Standards
Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 16
Awards & Recognition
- Sarawak Chief Minister’s Environmental Award 2017/2018
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Responsible Governance
- Economic Resilience & Excellence
- Eco-Conscious Corporate Citizen
- Sustainable Communities & Workforce
Environmental Achievements
- Invested approximately RM11 million in energy-efficient technologies (regenerative burners, biodiesel fuel for logistics, aluminium dross stirrer machine, pot hood replacement, auxiliary jaw crusher).
- Achieved a 96.06% recovery rate of total scheduled waste (improvement of 1.1% compared to FY2018).
Social Achievements
- Provided over 5,000 employment opportunities.
- Organised more than 70 joint employee engagement events.
- Donated approximately RM1.6 million for charity purposes, education funds, community development and school development.
- Conducted yearly “Blood Donation Drive” with Hospital Bintulu.
- Established an Innovative Creative Centre for students to develop robotic skills (in partnership with local government agency).
Governance Achievements
- Established a Risk Management Committee in May 2019.
- Became a member of the Aluminium Stewardship Initiative (ASI) in March 2020.
- Adopted a Succession Planning Policy on 26 February 2019.
Climate Goals & Targets
- Reduce water consumption by 10% by 2030
- Reduce water consumption by 5% by 2023
Environmental Challenges
- Lower aluminium prices compared to 2018.
- Macroeconomic uncertainties and volatile raw material prices during the first half of the year.
- One fatality involving a PMBTU employee in December 2019.
- Increased water consumption by 14%.
Mitigation Strategies
- Commodity hedges (up to approximately 65% of total aluminium production hedged for up to two years).
- Foreign currency hedges.
- Acquisitions of alumina and carbon anode assets to reduce reliance on third-party suppliers.
- Corrective and preventative measures implemented to address the fatality incident.
- Water saving initiatives (rainwater harvesting, water recycling, cooling tower upgrades).
Supply Chain Management
Supplier Audits: Annual evaluation of panel suppliers; one-to-one meetings with suppliers/contractors/service providers/consultants.
Responsible Procurement
- Vendor Code of Conduct
- Prioritising local suppliers (93% of suppliers are local; approximately 60% of total expenditure on supplies spent on local suppliers).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide (2nd Edition), Aluminium Stewardship Initiative (ASI) Performance Standard, FTSE4Good Bursa Malaysia Index’s Criteria, Global Reporting Initiative (GRI) Standards, United Nations Sustainable Development Goals
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, OHSAS 18001:2007, IATF 16949:2016, MS 2289:2010, ISO 50001:2011
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 13
- SDG 16
The report details how various initiatives contribute to these SDGs.
Awards & Recognition
- Company of the Year (The Edge’s Billion Ringgit Club)
- Highest Growth in Profit After Tax Over Three Years – Big Cap Companies (The Edge’s Billion Ringgit Club)
- Highest Return on Equity Over Three Years – Big Cap Companies (The Edge’s Billion Ringgit Club)
- Highest Growth in Profit After Tax Over Three Years – Industrial Products & Services Sector (The Edge’s Billion Ringgit Club)
- Highest Return on Equity Over Three Years – Industrial Products & Services Sector (The Edge’s Billion Ringgit Club)
- Outstanding Winner, CMIEA 2019
- Gold Winner (Large Category Company), CMIEA 2019