Climate Change Data

Environmental Metrics

ESG Focus Areas

• Quality System Improvement
• Corporate Governance
• Social Responsibility
• Research and Development
• Environmental Protection

Environmental Achievements

• Maintains a high standard of pollution-free environment.
• Adequately manages solid waste to comply with environmental regulations.

Social Achievements

• Launched Shopnojoyee Fashion Wears Ltd. to support the transgender population.
• Provided relief distribution among less privileged society & transgender during the COVID-19 pandemic.
• Celebrated International Peace Day.
• Provided 827 man-hours of in-house & external training for employees.

Governance Achievements

• Improved transparency and accountability.
• Appointed three Independent Directors.
• Established a comprehensive framework of policies, guidelines, and internal control.
• Established an Audit Committee and a Nomination and Remuneration Committee.

Climate Goals & Targets

Environmental Challenges

• Global COVID-19 pandemic requiring quick adaptation to changes and difficulties.
• Industry Risks, Regulatory Risks, Market Risk, Operational Risk, Legal Risk, Interest Rate Risk, Exchange Rate Risk and potential changes in Global or National policies.

Mitigation Strategies

• Implemented risk management policies and periodic monitoring system.
• Arranged the Annual General Meeting through a virtual platform to maintain social distance and avoid health risks.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bangladesh Securities & Exchange Commission’s Corporate Governance Guidelines

Certifications: ISO 9001:2015, ISO 13485:2016, CE0068, PQS:2020 WHO, GMP: DA/6-87/04/715

Third-party Assurance: Malek Siddiqui Wali, Chartered Accountants

Awards & Recognition

• CIP Award-2015
• CIP Award-2017

Environmental Metrics

ESG Focus Areas

• Sustainability
• Ethical Business Practices
• Employee Welfare
• Customer Satisfaction

Environmental Achievements

• Maintains a high standard of pollution-free environment
• Adequately manages solid waste to comply with environmental regulations

Social Achievements

• 2,823 man-hour training (in-house & external) for employee development
• Observes International Peace Day and promotes a culture of peace
• Contributes to society through various initiatives

Governance Achievements

• Appointed three Independent Directors to ensure transparency in decision-making
• Established procedures to ensure compliance with all applicable statutory and regulatory requirements
• Has an Audit Committee and a Nomination and Remuneration Committee

Climate Goals & Targets

Environmental Challenges

• Domestic and global economic headwinds, including the Russia-Ukraine conflict and inflationary pressures
• Rising costs of raw materials and energy
• Political instability in Bangladesh

Mitigation Strategies

• Focused on operational efficiency and cost optimization
• Introduced new products to expand product portfolio
• Well-defined risk management policies and periodic monitoring system

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS, IAS

Certifications: ISO 9001:2015, EN ISO 13485:2016, WHO-PQS, CE0068, ISO 14001:2015

Third-party Assurance: M/S. G. Kibria & Co., Chartered Accountants

Sustainable Products & Innovation

• 3-Way Stopcock

Awards & Recognition

• CIP Award-2015
• CIP Award-2017
• CIP Award-2023