Reservoir Link Energy Bhd
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Waste Generated:0.02 tons/year
ESG Focus Areas
- Economic Presence and Sustainable Profitability
- Environmental Compliance
- Occupational Health and Safety
- Diversity and Equal Opportunities
- Engagement with Local Communities
- Sustainability Governance
Environmental Achievements
- Zero penalties/fines by authorities for environmental non-compliance in 2021
- Minimal scheduled waste generated (0.02 metric tons) for SW306 oil waste and SW429 sealmaker in 2021
- Zero reports of scheduled waste incidents or fines from local authorities in 2021
Social Achievements
- Zero lost-time accidents and zero fatalities in 2021
- 1,864 training hours achieved in 2021 (FY2020: 1,352 training hours)
- RM64,000 contributed to local communities
- Employee turnover rate less than 10% in 2021
Governance Achievements
- Established a Sustainability Policy on August 25, 2021
- Established Board's KPI in accordance with MCCG's requirements
- Zero reported bribery and corruption cases
Climate Goals & Targets
Long-term Goals:
- Continued commitment to helping the world transition to renewable energy
Medium-term Goals:
- Achieve 30% female representation in the company
Short-term Goals:
- Roll out waste recycling initiatives
Environmental Challenges
- Challenges in achieving 30% female representation at the company level due to low women's participation in the oil and gas industry
- COVID-19 pandemic impacting community engagement activities
Mitigation Strategies
- Commitment to achieving 30% female representation within three years
- Finding new ways to collaborate with healthcare systems and provide donations during the pandemic
Supply Chain Management
Responsible Procurement
- Enhanced purchasing process, selection and evaluation of vendors in accordance with SAP system requirements
Climate-Related Risks & Opportunities
Opportunities
- Energy-harvesting opportunities
- Venture into renewable energy (solar energy)
Reporting Standards
Frameworks Used: GRI Standards, Bursa Malaysia Sustainability Reporting Guide, Malaysian Code of Corporate Governance (MCCG 2021)
Certifications: ISO 9001:2015, ISO/TS 29001:2010, ISO 45001:2018
Sustainable Products & Innovation
- Solar energy engineering, solar PV mounting structural system, solar energy construction & installation, solar rooftop installation