Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Recertified for ISO 14001 and ISO 9001 in 2019
• Invested in energy-efficient LED lighting, renewable energy for central heating, and an energy-efficient central cooling unit
• Mexico plant recertified as environmentally clean by the Mexican government

Social Achievements

• Organized various workshops for teachers and children focusing on art, education, and environmental awareness across different countries
• Donated stationery and school supplies to various charitable causes and underprivileged communities
• Maintained a non-discriminatory employment policy with a 46% female workforce in 2019 (compared to 44% in 2018)
• Reduced injury and occupational illness incidence rate from 28 to 20

Governance Achievements

• Established an Executive Committee in February 2020
• Implemented a formal and systematic risk management process aligned with COSO and ISO 31000 frameworks
• Outsourced internal audit function to IA Essentials Sdn. Bhd.

Climate Goals & Targets

Environmental Challenges

• Global economic deceleration impacting retail businesses and consumer confidence
• Slower growth recovery in Germany due to declining industrial demand
• Slow GDP growth in Latin America amidst political and currency volatility
• Delays in fine writing instrument launches due to new material regulations in Japan
• Changes in material regulations affecting FWI production
• COVID-19 pandemic disrupting supply chains and reducing consumption

Mitigation Strategies

• Focused on resilient sales strategies and key performing markets
• Developed new products and focused marketing efforts
• Improved supply chain and distribution channels
• Implemented cost-saving measures
• Recapitalized Pelikan Argentina and discontinued foreign currency borrowings to manage foreign exchange volatility
• Implemented measures to address COVID-19 challenges, including workplace sanitization and work-from-home policies

Supply Chain Management

Responsible Procurement

• Adherence to Pelikan's Code of Ethics
• Compliance with international laws (e.g., EN71)
• Promotion of FSC certified wood and paper products

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: COSO, ISO 31000

Certifications: ISO 14001, ISO 9001, IFS, AEO

Sustainable Products & Innovation

• Pelikano® anniversary 60 years “magic ocean” and highlighter 490
• Herlitz schoolbags using environmentally friendly materials

Environmental Metrics

ESG Focus Areas

• Education
• Craftsmanship
• Sustainability and the Environment
• People
• Passion

Environmental Achievements

• Strategically reducing the use of plastic materials in end-to-end operations
• Increased proportion of FSC materials used in packaging
• Use of post-consumer waste and bioplastics instead of virgin material
• Purchase of electricity from renewable energy sources (hydropower)

Social Achievements

• Launched "Pelikan Cares" brand campaign
• Communicated "Pelikan Cares" campaign on online platforms during lockdown
• Shared home schooling tips and lesson plans for parents
• Organized various activities for children's well-being
• Donated stationery to needy communities
• Invested approximately RM239,000 in employee training and development
• Hired 11 apprentices

Governance Achievements

• Established new work-from-home standards
• Implemented various cost-cutting measures
• Enhanced Code of Conduct and Ethics to comply with Section 17A of the Malaysian Anti-Corruption Commission Act 2009

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting sales due to school and office closures
• Supply chain disruptions
• Reduced turnover
• Depressed demand
• Economic downturn in various markets (Germany, Americas, Asia)

Mitigation Strategies

• Adapted to changing consumer behaviors and adopted digital channels
• Implemented various cost-cutting measures
• Received support from government fiscal policies
• Pivoted to digital commerce in Germany
• Developed new digital strategies to capture new marketplace opportunities

Supply Chain Management

Responsible Procurement

• Adherence to Pelikan’s Code of Ethics
• Compliance with international laws (e.g., EN71)
• Promoting the use of FSC certified wood and paper

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• GREENLine series of office stationery

Environmental Metrics

ESG Focus Areas

• Sustainability
• Environmental Protection
• Employee Well-being
• Community Engagement
• Responsible Sourcing

Environmental Achievements

• Increased proportion of FSC materials used in packaging.
• Use of post-consumer waste and bioplastics.
• Investment in energy-efficient LED lighting and renewable energy.
• Training in saving and efficient use of water and energy.
• Recycling bins available at premises.

Social Achievements

• Implemented measures to ensure workplace safety and employee health during the COVID-19 pandemic.
• Invested approximately RM323,000 in employee training and development.
• Hired 9 apprentices as permanent employees.
• Various community projects including donations to charitable causes and volunteer work.
• Organized virtual workshops with students and teachers.

Governance Achievements

• Updated Board Charter incorporating Directors’ fit and proper policy.
• Established Code of Conduct and Ethics including Anti-Bribery and Anti-Corruption Policy.
• Leveraged technology to facilitate voting in absentia and remote shareholders’ participation at AGMs.

Climate Goals & Targets

Environmental Challenges

• Supply chain bottlenecks due to COVID-19 pandemic restrictions.
• Resurgence of COVID-19 and the Omicron variant.
• Russia-Ukraine conflict causing higher operating costs, supply chain disruptions, and reduced consumption.
• Intense competition in the stationery industry.

Mitigation Strategies

• Exploring alternative sourcing strategies for suppliers, processes, and raw materials.
• Implementing cost control measures and focusing on improving productivity and distribution efforts through online and cash and carry retail channels.
• Actively monitoring and managing operations to minimize the impact of the Russia-Ukraine conflict.
• Investing in product innovation and a rigorous product development process.

Supply Chain Management

Responsible Procurement

• Adherence to Pelikan’s Code of Ethics
• Compliance with international laws (e.g., EN71)
• Promotion of FSC certified products

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• GREENLine series of office stationery made with recycled materials