Climate Change Data

REX INDUSTRY BERHAD

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:1,967 tCO2e/year
Scope 1 Emissions:449 tCO2e/year
Scope 2 Emissions:436 tCO2e/year
Scope 3 Emissions:49 tCO2e/year
Total Energy Consumption:9,154,193 MJ/year
Water Consumption:0.026 ML/year
Waste Generated:99 tons/year

ESG Focus Areas

  • Environment
  • Supplier
  • Community
  • Employee

Environmental Achievements

  • Reduced Greenhouse Gas emissions by more than 70% in FY2024 compared to FY2022 baseline due to decrease in operation activities and decommissioning of our Bukit Minyak manufacturing plant.
  • Bukit Minyak production facility switched to natural gas to fuel the boilers since March 2019, resulting in reduced air pollution and extended boiler lifespan.
  • Waste generation reduced to 99 metric tonnes in FY2024 from 2,220 metric tonnes in FY2022, mainly due to the decommissioning of Bukit Minyak plant.
  • Water consumption reduced to 0.026 Megaliters in FY2024 from 0.077 Megaliters in FY2022, largely attributed to the decommissioning of Bukit Minyak plant.

Social Achievements

  • Provided food baskets for over 200 beneficiaries nationwide under the REX CARE program.
  • Contributed to the local community by providing food baskets for various NGOs, shelters, Police Training Centers, impacting over 1,200 beneficiaries.
  • Provided aid relief to the victims of Natural Disasters, helping over 2,500 families.
  • Zero cases of substantiated complaints concerning human rights violations in FY2024.
  • Average of 16 training hours per employee in FY2024.

Governance Achievements

  • Revised Anti-Bribery and Anti-Corruption Policy.
  • Revised Whistleblowing Policy.
  • Zero confirmed incidents of corruption in FY2024.
  • Zero cases of substantiated complaints concerning breaches of customer privacy and losses of customer data in FY2024.

Climate Goals & Targets

Environmental Challenges

  • Weaker demand from both local and overseas market resulting in revenue reduction.
  • Rising costs of raw materials, packaging materials, and logistics.
  • Uncertainties in the business environment due to global geopolitical tensions and inflationary pressures.
Mitigation Strategies
  • Cost control initiatives and better operational efficiencies from the business rationalisation plan.
  • Product innovation, new product launches, improving operational efficiency, adopting cost saving measures and broadening the distribution network to grow the Group’s revenue and profitability.

Supply Chain Management

Responsible Procurement
  • Prioritizes sourcing from environmentally friendly local suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guide, Malaysian Code on Corporate Governance (MCCG), United Nations Sustainable Development Goals (UNSDGs), GHG Protocol Corporate Accounting and Reporting Standards

Certifications: Hazard Analysis Critical Control Point (HACCP), Halal Malaysia, Makanan Selamat Tanggungjawab Industri (MeSTI), Good Manufacturing Practice (GMP)