Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased RO water usage by 9%
• Installation of a cogeneration or combined heat and power (CHP) unit
• Installation and commissioning of fifth anaerobic digestor
• Installation and commissioning of Dissolved Air Flotation (DAF) unit

Social Achievements

• Implementation of workspace safety practices
• Occupational safety training programmes
• Education Assistance Program
• Household Financial Assistance programme
• Fully sponsored employees to be fully vaccinated via the MITI-PIKAS
• COVID-19 testing on all employees on a fortnightly basis
• Weekly sanitization of workplaces and hostels

Governance Achievements

• Transfer of listing to Main Market of Bursa Securities
• Completed private placement exercise
• Appointment of new independent director

Climate Goals & Targets

Environmental Challenges

• Intermittent disruptions in glove production arising from the Enhanced Movement Control Order in July 2021
• Continued labour shortages
• Requirement to adhere to the 60%-limit on the labour utilisation under the National Recovery Plan
• Lower utilisation rate of production capacity
• Global rise in demand for gloves as a protective medical device

Mitigation Strategies

• Improving production efficiency across its manufacturing operations via automation and upskilling of its workforce
• Intensifying efforts in attracting and retaining local workers
• Revising its expansion plan upon clearer visibility on government’s policy on foreign labour and improvement in market demand
• Put in place high levels and strict standard operating procedures to curb potential on-site outbreak
• Provided food subsidies for staff meals in in-house cafeterias
• Provided various incentives and bonuses to alleviate the financial burden for certain categories of workers

Supply Chain Management

Responsible Procurement

• Code of conduct for suppliers and contractors
• Fair procurement practices and supplier screening

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased RO water usage by 9%
• Reduced total solid waste generated by 25%

Social Achievements

• Incurred a total of RM130,275 for the Education Assistance Programme, reaching out to a total of 82 employees.
• Recorded zero cases of occupational fatality or work-related illnesses within the Group.

Governance Achievements

• Implemented a Directors’ Fit and Proper Policy
• Adopted the Nomination and Appointment of New Directors Process and Procedures

Climate Goals & Targets

Environmental Challenges

• Drastic drop in demand for rubber gloves globally impacting selling prices.
• Spiraling costs in labor and raw materials causing a drastic drop in output performance.
• Intense competition with highly efficient Chinese glove manufacturers using low-cost energy.

Mitigation Strategies

• Embarked on adopting a low-cost environment with high effectiveness utilizing automation while minimizing labor outlay costs.
• Streamlined and reshuffled employee numbers commensurate with forecast production requirements.
• Investing in Research & Development and skills upgrading training for long-term growth.
• Venturing into New Energy businesses such as New Energy Vehicle and Solar Energy.

Supply Chain Management

Responsible Procurement

• Code of conduct for suppliers and contractors
• Fair procurement practices and supplier screening

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 7
• Goal 13

Implementation of workspace safety practices, audit by local regulatory authority, occupational safety training programs, education assistance program, conforming to the Department of Environment’s (“DOE”) regulation for effluent discharge, increasing RO water usage, monitoring of natural gas, water and electricity, save energy campaign, exploring the usage of solar energy, code of conduct for suppliers and contractors, grievance handling mechanism, whistleblowing policy, social compliance policy covering child labour and forced labour, anti-bribery and anti-corruption policy, anti-discrimination policy, corporate governance, risk management, transparency and tax contribution, regulatory compliance and responsible practices, collaboration with government authorities/organisations on various initiatives/activities to support local communities and preserve the environment.