Climate Change Data

Micro-Mechanics (Holdings) Ltd.

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Total Energy Consumption:8,843,412 kWh/year

ESG Focus Areas

  • Economic Performance
  • Training and Education
  • Occupational Health & Safety
  • Diversity and Equal Opportunity
  • Energy
  • Local Community
  • Materials
  • Anti-corruption
  • Socioeconomic compliance
  • Supplier Environmental Assessment
  • Supplier Social Assessment

Social Achievements

  • Provided personal protection equipment (N95 masks) to frontline police in Malaysia.
  • Two teams from Philippines office participated in separate blood donation exercises for Red Cross.

Governance Achievements

  • Singapore plant operations re-confirmed as conforming to Anti-Bribery Management System standard ISO37001:2016.
  • Singapore plant operations renewed Business Continuity Management System standard ISO22301:2012 certification.
  • Completed first Director Peer Evaluation.
  • Continued announcing quarterly financial results via SGXnet.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic caused temporary closures and reduced workforce at various manufacturing facilities.
  • Supply chain disruptions and government restrictions due to COVID-19.
  • Possibility of positive COVID-19 tests resulting in factory shutdowns.
  • Earthquake risk at US facility (uninsured).
Mitigation Strategies
  • Implemented employee and visitor health screening, limited travel, and activated business continuity plans.
  • Implemented extensive safety protocols (masking, social distancing, cleaning) at all facilities.
  • Adjusted capital expenditure timing.
  • Implemented automation to improve operational capabilities.
  • Employee education and training programs to minimize earthquake damage.

Supply Chain Management

Responsible Procurement
  • Requires suppliers to adhere to quality standards and sustainability practices.
  • Requires COC, TSS, and SDS documentation for direct material suppliers.
  • Encourages suppliers to adopt RBA principles.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards – “Core” option

Certifications: ISO 37001:2016 (Anti-Bribery Management System), ISO 22301:2012 (Business Continuity Management System)

Awards & Recognition

  • Over 30 awards for corporate governance, quality of disclosure, transparency, and investor relations.
  • Best CEO Award (2018)
  • Singapore Corporate Governance Award (Small Cap) (2019, 2018, 2017, 2016)
  • Shareholder Communications Excellence Award (Small Cap) (2019, 2018, 2017)
  • Singapore Corporate Governance Award (Information Technology) (2017)
  • Most Transparent Company (Information Technology) (2016)
  • Most Transparent Company (Mainboard Small Caps) (2015, 2011, 2010, 2009, 2008)
  • Corporate Governance Award (Sesdaq) (2006)
  • Most Transparent Company (Sesdaq) (2005)
  • Best for Shareholders’ Rights and Equitable Treatment in Singapore (2010, 2009)
  • Asia 200 Best Under A Billion Companies (2006)
  • Productivity Award (2018)
  • Singapore Productivity Awards (2017)