Climate Change Data

PESTECH INTERNATIONAL BERHAD

Climate Impact & Sustainability Data (2020-2021, 2022-07 to 2023-09)

Reporting Period: 2020-2021

Environmental Metrics

Total Carbon Emissions:146.2 tCO2 (from Shah Alam rooftop solar)
Waste Generated:1652 kg e-waste collected

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Acquired a 94% stake in Green Sustainable Ventures (Cambodia) Co. Ltd. to invest in a 20MW solar plant in Cambodia.
  • Initiated rooftop solar installations at its head office and Bukit Beruntung factory.
  • Rolled out EV charging systems.
  • Mandated recycling programs and initiated an E-Waste Collection Drive.
  • Deployed IT infrastructure to reduce travel and paper usage.
  • Installed 114kWp rooftop solar at Shah Alam head office, reducing electricity bill by 65% and CO2 emissions by 146.2 tonnes.

Social Achievements

  • Implemented stringent procedures and controls to navigate the COVID-19 pandemic, prioritizing employee health and safety.
  • Continued CARE programs to contribute to society.
  • Provided employees with opportunities for personal and professional growth.
  • Curbed workplace injuries by enforcing standard operating procedures.
  • Supported various community initiatives through the CARE program (Community, Advancement, Recuperation, Environment).

Governance Achievements

  • Established a Business Sustainability Working Group (BSWG) to develop sustainability strategies and programs.
  • Implemented various policies to ensure corporate governance for sustainable development (Board Charter, Sustainability Policy, Corporate Disclosure Policy, Remuneration Policy, Directors’ Code of Conduct, Whistle-Blowing Policy, Anti-Bribery and Anti-Corruption Policy, Procurement Policy, Hedging Policy, Risk Management Policy).
  • Launched online ABAC (Anti-Bribery and Anti-Corruption) training for all staff.

Climate Goals & Targets

Medium-term Goals:
  • Expand renewable energy projects (LSS Farm, Waste-to-Energy, Rural Electrification, Microgrid, smart energy solutions).
Short-term Goals:
  • Completion of Bukit Beruntung factory rooftop solar installation by end of 2021.

Environmental Challenges

  • COVID-19 pandemic and its impact on project implementation.
Mitigation Strategies
  • Implemented stringent SOPs, prioritized employee health and safety, utilized IT for virtual meetings, and offered flexible work arrangements.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services

Sustainable Products & Innovation

  • Microgrid solution using solar panel, super capacitors and hydrogen fuel cell
  • Compact dry-type transformer station

Reporting Period: 2022-07 to 2023-09

Environmental Metrics

Total Carbon Emissions:1,149.47 tCO2e/15 months
Scope 1 Emissions:26%
Scope 2 Emissions:11%
Scope 3 Emissions:63%
Renewable Energy Share:75.17% (head office) and 54.09% (Bukit Beruntung factory)
Total Energy Consumption:647.192 MWh/15 months
Water Consumption:9,945.24 m3/15 months
Waste Generated:3,093.8 kg/15 months (scheduled waste 1,007.3 kg, recyclable waste 2,086.5 kg)

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Improved energy efficiency by 2% annually
  • Installed solar power at project sites and offices
  • Achieved zero environmental accidents
  • Reduced recyclable waste due to digital document management

Social Achievements

  • Achieved zero reportable accidents in office and project sites
  • Trained 444 employees in health and safety standards
  • Donated USD 48,753 to various charitable causes
  • Sponsored 9 scholars under the PESTECH Scholarship Program

Governance Achievements

  • Established the Sustainability and Risk Management Committee
  • Implemented a Code of Ethical Conduct and Anti-Bribery and Anti-Corruption Policy
  • Adopted a Data Security and Protection Policy
  • Implemented Human Rights, No Child Labour, and No Illegal Foreign Labour Policies

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero GHG emissions by 2050
Medium-term Goals:
  • Improve energy efficiency by 2% annually
  • Install solar power for project sites and offices
Short-term Goals:
  • Achieve 95% project delivery within approved budget
  • Achieve 95% customer satisfaction

Environmental Challenges

  • Liquidity issues and high cost of financing
  • Sluggish project execution pace
  • Heightening cost of debt
Mitigation Strategies
  • Restructuring exercise, including sourcing for new equity injection
  • Focusing on procurement of new contracts
  • Proposed restricted issue of 800,000,000 new ordinary shares
  • Employee share option scheme (ESOS) to reward long-serving employees

Supply Chain Management

Responsible Procurement
  • Integrity Pledge from Suppliers/Contractors

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Opportunities in renewable energy market

Reporting Standards

Frameworks Used: GRI, UN Sustainable Development Goals

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

  • PlugInfinite OCPP EV Charging management Platform
  • PESTECH DC charger