Climate Change Data

CNERGENZ BERHAD

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:344.99 tCO2e/year (Scope 1: 212.29, Scope 2: 132.71, Scope 3: Null)
Scope 1 Emissions:212.29 tCO2e/year
Scope 2 Emissions:132.71 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:3741.3 GJ/year
Water Consumption:1019 m3/year
Waste Generated:0 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Economic Performance
  • Environmental (Water Management, Energy Management, Waste Management)
  • Social (Labour Practices and Standards, Occupational Health and Safety, Community Engagement and Investment)
  • Governance (Corporate Governance, Supply Chain Management, Anti-Corruption and Whistleblowing Policies)

Environmental Achievements

  • Did not experience any major occupational accidents during operations.
  • Total Waste Generated (Tonnes) 0, Total waste directed to disposal (Tonnes) 0, Total waste directed from disposal (Tonnes) 0

Social Achievements

  • Zero incidents of corruption.
  • Total amount invested in the community where the target beneficiaries are external to the listed issuer MYR 142,776.7
  • Number of employees trained on health and safety standards 28
  • Overall Employee Turnover 7

Governance Achievements

  • Zero substantiated complaints concerning human rights violations.
  • 100% of employees received training on anti-corruption.

Climate Goals & Targets

Long-term Goals:
  • Integrate climate change strategies into business plans, reduce carbon footprint, align value creation with a low-carbon economy, and adhere to national environmental policy guidelines.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Declined demand for solutions in key markets (Malaysia) resulting in a 25.45% drop in revenue compared to FY2022.
  • Lower sales to existing customers from Malaysia and Thailand.
  • Global economic slowdown with enduring inflationary pressures, geopolitical tensions, and geoeconomic fragmentation leading to reduced orders and postponed deliveries.
Mitigation Strategies
  • Maintained a robust cash reserve (RM121.60 million) to handle unforeseen events and facilitate recovery.
  • Secured purchase orders totaling RM21.31 million for 2024.
  • Plans to relocate to a new expanded facility (130,000 square feet) by 2025 to enhance manufacturing capabilities.
  • Heavy investment in R&D to develop proprietary smart factory solutions.
  • Strategic diversification into smart warehousing solutions.

Supply Chain Management

Supplier Audits: Regular supplier evaluations and audits conducted to assess quality, workmanship, and cost-effectiveness.

Responsible Procurement
  • Adherence to customers’ Approved Manufacturer List (AML).

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, Bursa Malaysia’s Sustainability Reporting Guide (3rd Edition)

Certifications: Null

Third-party Assurance: Internal assurance

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed