Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Encouraged recycling and reuse throughout the company, including separating waste into different bins and appointing recycling service providers.
• Reduced electricity consumption through initiatives such as turning off lights and air conditioning after use.

Social Achievements

• Maintained a harmonious and diverse workforce.
• Had no reported incidences of work-related injuries or fatalities in FY2020.
• Provided funding for employees to attend professional seminars and external training.
• Contributed approximately RM61,000 in cash and in-kind donations to various charitable organisations in Malaysia.

Governance Achievements

• Established an ESG working group to coordinate and implement sustainability initiatives.
• Established an Audit Committee, a Remuneration Committee, and a Nomination Committee.
• Adopted a board diversity policy and a nomination policy.

Climate Goals & Targets

Environmental Challenges

• Decrease in overseas sales due to increased international freight costs, lockdowns in Bangladesh and the Philippines, and an outbreak of African swine fever in the Philippines.
• Decrease in sales of human food ingredients due to the prolonged MCO.
• COVID-19 pandemic and its impact on business activities.

Mitigation Strategies

• Implemented SOPs and took extra preventive measures, including mandatory COVID-19 testing for site workers and frequent disinfection.
• Actively exploring opportunities in Malaysia and overseas.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Potential suppliers are evaluated based on price, reputation, track record, compliance with local laws, policies on managing environmental and social risks, and expertise.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced electricity consumption from 574,023 kWh in 2020 to 457,589 kWh in 2021
• Reduced diesel consumption from 72,729 liters in 2020 to 60,241 liters in 2021
• Maintained zero discharge of wastewater or effluents into waterways
• Encouraged recycling and reuse throughout the value chain

Social Achievements

• Maintained a harmonious and diverse workforce
• No reported incidences of work-related injuries or fatalities in FY2021
• Provided learning opportunities for employees through internal workshops and on-the-job training
• Contributed approximately RM21,000 in cash and in-kind donations to various charitable organizations in Malaysia

Governance Achievements

• Complied with the Corporate Governance Code (CG Code) except for the deviation from code provision A.2.1
• Established an Audit Committee, a Remuneration Committee, and a Nomination Committee
• Adopted a board diversity policy and a nomination policy
• Maintained the prescribed minimum public float for its shares

Climate Goals & Targets

Environmental Challenges

• Slight disruptions in the Group’s daily operations, particularly in the manufacturing segment, due to global supply chain issues and the Omicron variant of COVID-19
• Increasing market competition in the manufacturing segment

Mitigation Strategies

• Adjusted selling prices and focused on better margin products, especially in the distribution segment
• Implemented standard operating procedures to curb the spread of COVID-19, including mandatory COVID-19 testing, use of face masks, social distancing, and frequent disinfection

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Potential suppliers are evaluated based on price offer, reputation, track record, compliance with local laws, policies on managing environmental and social risks, and regulations and expertise in their field.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Minimized GHG emission intensity
• Encouraged recycling, reduction and reuse of paper and ink cartridges
• Implemented energy-saving measures in the office

Social Achievements

• Maintained a harmonious and diverse workforce
• Established a Safety Policy, Rules and Regulations to ensure adequate protection of its employees
• Provided learning opportunities for employees through internal workshops, on-the-job training, education on occupational safety and health

Governance Achievements

• Adopted the principles and all relevant code provisions as set out under the Corporate Governance Code
• Established an audit committee, a remuneration committee and a nomination committee
• Adopted an Anti-Bribery & Corruption Policy and a Whistleblowing Policy

Climate Goals & Targets

Environmental Challenges

• Outbreak of animal diseases
• Fluctuation in demand and market price of products
• Volatility of prices and interruption of supply of animal feed additives and human food ingredients
• Fluctuation of product demand affecting inventory management
• Need for various licenses, permits and government approvals
• Dependence on stable supply and business relationship with suppliers
• Quality, safety and performance of brand products and raw materials sourced from suppliers
• Major disruption at manufacturing plant

Mitigation Strategies

• Closely managing the cost structure and supply chain disruptions
• Monitoring the change of global economy and exploring potential business opportunities
• Implementing various measures to mitigate risks and uncertainties
• Implementing various employees’ incentives to encourage high performance culture
• Ensuring first aid kits and fire extinguishing equipment are located prominently and properly maintained
• Evaluating hazard sources and performing evacuation and fire drills on an annual basis
• Offering training on safety operation rules on a regular basis
• Regular maintenance of production machines and equipments

Supply Chain Management

Supplier Audits: Periodic evaluation

Responsible Procurement

• Stringent criteria such as price offer, reputation, track record, compliance with local laws, policies on managing environmental and social risks, and regulations and expertise in their field

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong)

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed