Amway (Malaysia) Holdings Berhad
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:2,274,771 kWh/year
Waste Generated:328.171 tons/year
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced office waste by promoting sustainability and recycling initiatives, resulting in a 17% increase in recycled waste compared to FY2021 (75% of total waste recycled).
- Reduced water consumption by 50% in restrooms through the installation of self-closing faucets and low-flow dual flush WCs.
Social Achievements
- Launched the “Enhanced Employee Assistance Programme” for employee mental well-being.
- Launched the “Work by Design 2.0” initiative for flexible hybrid work arrangements.
- Organized the “Each Mind Matters Webinar for People Managers” to raise awareness about mental health and work-life balance.
- Launched several programs for ABO upskilling, including the “Foundation in Nutrition & Wellness Certificate” program.
- Organized the ARTISTRY Beauty Camp to support ABO business growth.
- Held the National Leadership Conference and Dinner 2022 with record attendance.
- Organized a blood donation drive in collaboration with University Malaya Medical Centre.
Governance Achievements
- Adopted Amway’s Sustainability Strategic Framework in May 2022.
- Established a Sustainability Policy in February 2023.
- Established a Directors’ Fit and Proper Policy in May 2022.
- Complied with 40 out of 42 recommended practices under the MCCG as of 31 December 2022.
- Maintained 38% women directors on the Board in FY2022, exceeding MCCG requirements.
Climate Goals & Targets
Long-term Goals:
- Achieve two hours of sustainability-related training per employee while maintaining a 60% completion rate by 2025.
Medium-term Goals:
- Ensure at least 100,000 logins to the eLearning platform annually from FY2025 onwards.
- Conduct 4,000 minutes of online training a year from FY2025 onwards.
- Reduce office waste at Amway Malaysia Headquarters by promoting sustainability and recycling initiatives.
- Increase the percentage of sustainably-sourced products in our portfolio by FY2024.
Short-term Goals:
- Increase the number of new ABOs earning bonuses by 20% in FY2025.
- Increase by 20% the number of ABOs that earn bonuses in FY2025.
- Increase U35 ABOs to 45% of total force size by FY2025.
Environmental Challenges
- Unauthorised selling of Amway products online at reduced prices.
- Global economic slowdown, rising inflation, and geopolitical uncertainties impacting global growth.
Mitigation Strategies
- Ongoing engagement with eCommerce platforms to remove Amway products.
- Legal action against unauthorised sellers and eCommerce platforms.
- Investment in new tracking technology to identify unauthorised sellers.
- Training and awareness programs for the public, customers, and ABOs.
- Strategic and prudent investments in ABO and APC-centric incentive programs, new product launches, and digital platforms.
Supply Chain Management
Responsible Procurement
- Applying criteria and processes during the selection of products and suppliers/service providers, taking into account the Group’s sphere of control over these activities.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: MCCG, GRI Standards, Bursa Malaysia’s Sustainability Reporting Guide
UN Sustainable Development Goals
- 1, 2, 3, 4, 5, 8, 10, 12, 13, 17
Amway’s initiatives align with these SDGs through various programs and commitments.
Awards & Recognition
- Graduates’ Choice Award
- Reader’s Digest Trusted Brand Awards (Nutrilite and eSpring)
- Frost & Sullivan Asia-Pacific Home Water Treatment Competitive Strategy Leadership Award