Climate Change Data

SAUDEE GROUP BERHAD

Climate Impact & Sustainability Data (2021-08 to 2022-07, 2023)

Reporting Period: 2021-08 to 2022-07

Environmental Metrics

ESG Focus Areas

  • Economic Growth
  • Environmental Management
  • Social Contributor

Environmental Achievements

  • Installed LED lighting to conserve energy, reducing power consumption from 40w to 12w per light source.
  • Implemented 3R waste program (Reduce, Reuse, Recycle) to manage waste and comply with regulations.
  • Daily monitoring of water consumption, maintaining daily average below 300 m3.

Social Achievements

  • Appointed a female Independent Non-Executive Director to the Board.
  • Implemented various staff activities and benefits to improve quality of life and foster a sense of belonging.
  • Complied with Minimum Wage Order 2022.

Governance Achievements

  • Adopted the Anti-Bribery and Anti-Corruption Policy and provided training to staff.
  • Established a Risk Management Committee (RMC) to manage overall risk exposure.
  • Implemented Enterprise Risk Management (ERM) framework.

Climate Goals & Targets

Medium-term Goals:
  • Further strengthen its financial performance to maintain or exceed the current momentum based on the strategic plans.
Short-term Goals:
  • Upgrading machineries and capacity to cater demand from local and East Malaysia market; reducing dependency on manual labor and moving towards automated production line.

Environmental Challenges

  • Uncertainty in global economy due to Covid-19 pandemic.
  • Additional cost due to imposition of minimum wages.
  • Slow demand in trading activities due to uncertainty in beef and chicken pricing.
Mitigation Strategies
  • Strengthened credit control and minimized exposure of credit risks by implementing the distributorship model.
  • Continued monitoring of the situation in Malaysia and globally.
  • Improved production efficiency and increased production capacity to capture a bigger market share in the FPP segment.

Supply Chain Management

Supplier Audits: 337 local suppliers, 24 foreign suppliers in 2022; 129 local suppliers, 19 foreign suppliers in 2021

Responsible Procurement
  • Local sourcing and appointing local distributors to contribute to the local economy and reduce supply chain costs.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: HALAL (Department of Islamic Development Malaysia), Mesti Certificate (Ministry of Health Malaysia), Good Manufacturing Practice (GMP), Veterinary Health Mark (VHM), ISO 22000:2005, ISO 9001:2015, Hazard Analysis and Critical Control Point (HACCP)

Sustainable Products & Innovation

  • Saudee Gold brand

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable Materials
  • GHG Emissions Reduction
  • Cost Savings

Environmental Achievements

  • Replaced 4 old trucks with new, more fuel-efficient trucks to reduce GHG emissions.
  • Incorporated more sustainable materials into products, resulting in food savings and waste reduction.
  • Implemented biotechnology in water treatment plant by breeding fish to ensure cleanliness.

Social Achievements

  • Established partnerships with local distributors, potentially leading to a significant decrease in daily deliveries and GHG emissions.
  • Opened its first burger joint (Saudi Burger) outlet.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Breakeven on expansion project expenditure within 2 to 3 years.
Short-term Goals:
  • Complete expansion of production capacity by 1st Half of 2024.

Environmental Challenges

  • Fair value losses on investments (RM4.8 million in FY2023, RM7.19 million in FY2022).
  • Increased raw material costs (RM11.44 million as at 31 July 2023 vs RM6.77 million as at 31 July 2022).
Mitigation Strategies
  • Implemented Standard Operating Procedures and established an Investment Committee to assess and manage investment risks.
  • Investment strategy focused on long-term value creation and capital management to maximize return on excess funds.
  • Stocked up raw materials to cater for future increase in production capacity and longer lead times due to global uncertainties.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Ensuring materials meet standards such as Halal requirements and have necessary certifications.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed