Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon footprint by embracing recycled paper (60% recycled paper & FSC® certified pulp) meeting ISO 14001 standards.
• Introduced water-saving Multicyclone centrifugal filter, energy-saving variable speed pump and Glass Pearls filter media, for improved filtration performance and reduced pool water usage.

Social Achievements

• Swimart celebrated 35 years in business with 71 stores and six mobiles across Australia and New Zealand and a fleet of more than 250 mobile service vans.
• Watershoppes dealer network of 15 stores selling Waterco’s range of water filters and drinking water purifiers in Malaysia.

Governance Achievements

• Established a Code of Conduct for directors, key management personnel and employees.
• Audit Committee operates under the Audit Committee Charter, consisting of 3 Independent Non-Executive Directors.
• Remuneration Committee operates under the Remuneration Committee Charter, consisting of three independent Non-Executive Directors.

Climate Goals & Targets

Environmental Challenges

• Restructuring of North America and Europe Division.
• Increased wages above expectation in Malaysia due to increased volume in labour-intensive large commercial filters.
• Weak economic conditions and political uncertainty in Malaysia.

Mitigation Strategies

• Strong performance in Europe cut EBIT losses by 75% in North America and Europe Division.
• Increased capacity in Malaysia to address increased wages.
• Focus on development of commercial heat pumps and improved marketing of pool equipment to the commercial pool market in China.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Multicyclone centrifugal filter
• Variable speed pump
• Glass Pearls filter media
• Poolware (cloud version)

Awards & Recognition

• SPASA awards for Britestream LED light and Hydrochlor Mineral chlorinator