Climate Change Data

Environmental Metrics

ESG Focus Areas

• Product Quality
• Rate of Local Sources
• Ethics and Integrity
• Occupational Safety and Health
• Employment Diversity and Equal Opportunity
• Reasonable Remuneration
• Employee Benefits
• Reuse of Waste
• Resource Optimisation

Environmental Achievements

• Reduced electricity consumption by approximately 77%
• Donated 7,312kgs of expired consumables to animal farms

Social Achievements

• Provided 286 training hours to 25 employees on occupational safety and health
• Maintained workforce diversity with 44% female employees
• No Lost Time Incidents (LTIs) recorded
• Donated bread to police and RELA during MCO

Governance Achievements

• Adopted anti-corruption framework in line with Malaysian Anti-Corruption Commission Act 2009
• Implemented a Whistleblowing Policy

Climate Goals & Targets

Environmental Challenges

• Weakened demand for certain products during MCO due to COVID-19
• COVID-19 pandemic disrupted supply chains and imposed risks to businesses

Mitigation Strategies

• Focusing on organic growth through strategic partnerships with new agencies and brands
• Achieving cost-efficient operating structure
• Closely monitoring the evolving situation of the pandemic and taking appropriate measures to mitigate possible impacts

Supply Chain Management

Responsible Procurement

• 95% of vendors are locally sourced

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental
• Governance

Environmental Achievements

• Reduced electricity consumption by approximately 26%
• Reduced water consumption by approximately 18%
• Decreased LPG usage by 34%

Social Achievements

• No Lost Time Incident (LTI) recorded in FYE 2022
• Donated various items (bun/bread, milk powder, food bag, etc.) to the local community, totaling RM1,083,852
• Provided an average of 140 hours of training per year on occupational safety and health to employees over the past five financial years

Governance Achievements

• Established a Code of Ethics and Code of Conduct
• Implemented a Whistle-blowing policy
• Annual board self-evaluation to evaluate the performance of the Board, Board Committees and individual Directors

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic recovery journey, including new variants, resource shortages, supply chain disruptions, elevated logistics costs, geopolitical tensions, and global inflation
• Credit risk from trade receivables
• Liquidity risk from mismatches in financial asset and liability maturities
• Downtime risk from operational disruptions

Mitigation Strategies

• Focus on long-term sustainable business pathway
• Monthly review of ageing reports to identify slow-paying customers
• Maintaining sufficient cash or cash convertible investments to meet working capital requirements
• Maintaining available banking facilities
• Strict COVID-19 Prevention SOPs and self-test monitoring

Supply Chain Management

Supplier Audits: 93 local vendors registered as at 30 June 2022

Responsible Procurement

• 95% of vendors are locally sourced
• 97% of purchasing amount incurred from local sources

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Bursa Securities' Sustainability Reporting Guide (SRG)

Certifications: MeSTI (Creamos & Gardenia), Halal (Creamos & Gardenia)

Environmental Metrics

ESG Focus Areas

• Product Quality
• Rate of Local Sources
• Ethics and Integrity
• Occupational Safety and Health
• Employment Diversity and Equal Opportunity
• Reasonable Remuneration
• Employee Benefits
• Community Contribution
• Resource Optimisation

Environmental Achievements

• Reduced electricity consumption by approximately 16%
• Completely replaced LPG with Natural Gas in bakery production

Social Achievements

• Provided 327 hours of training to 59 employees
• No Lost Time Incidents (LTIs) recorded
• Donated various items to local communities (RM 893,764)

Governance Achievements

• Transferred listing from ACE Market to Main Market of Bursa Malaysia Securities Berhad
• Established a Code of Ethics and Code of Conduct
• Implemented a Whistle-blowing policy

Climate Goals & Targets

Environmental Challenges

• Credit risk from trade receivables
• Liquidity risk from mismatches in financial asset and liability maturities
• Interest rate risk from loans and borrowings
• Downtime risk in manufacturing and warehousing

Mitigation Strategies

• Monthly review of ageing reports to identify slow-paying customers
• Maintaining sufficient cash and banking facilities
• Fixed interest rates reviewed annually
• Strict Covid-19 Prevention SOPs in manufacturing

Supply Chain Management

Responsible Procurement

• At least 95% of vendors are locally sourced

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Bursa Securities Sustainability Reporting Guide (SRG)

Certifications: MeSTI Certification (Creamos & Gardenia), Halal Certification (Creamos & Gardenia)