Climate Change Data

QES Group Berhad

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Energy Consumption:919.94 MWh/year (QES Corporate HQ)
Water Consumption:2,349 m3/year (QES Corporate HQ)

ESG Focus Areas

  • Energy Management
  • Sustainable Consumption
  • Water Management
  • Waste Management
  • Labour Practices and Standards
  • Diversity
  • Supply Chain Management
  • Occupational Health & Safety
  • Community & Society Engagement
  • Data Privacy and Security
  • Business Growth & Continuity
  • Product Innovation & Reliability
  • Anti-Corruption & Bribery
  • Corporate Governance Practices

Environmental Achievements

  • Installation of inverter air conditioners and LED lighting in new Corporate HQ
  • Completion of solar panel installation at Corporate HQ (233.2kWp, anticipated annual output of 302,011kWh)

Social Achievements

  • Zero substantiated complaints concerning human rights violations
  • 6,532 hours dedicated to training initiatives
  • Zero reported work-related ill-health incidents and zero lost time incident rate
  • RM7,260 allocated to Persatuan Insan Istimewa IMC Selangor for the 11th Let’s Play Carnival
  • RM1,000 contributed to Pusat Perubatan Universiti Malaya for World Breastfeeding Week Celebration

Governance Achievements

  • Established Sustainability Steering Committee (SSC) in 2019
  • Formalized various policies and frameworks (Code of Ethics and Conduct, Anti-Corruption and Bribery Policy, Whistleblowing Policy, Corporate Governance Report, Board Charter)
  • Approximately 80% of Board and Key Management members attended anti-corruption training
  • Zero substantiated whistleblowing reports, instances of bribery or corruption, fines incurred, or employees dismissed or disciplined due to anti-corruption and bribery

Climate Goals & Targets

Environmental Challenges

  • Cautious spending and deferment of delivery from customers due to slowdown in the semiconductor industry
  • High inflation rates and weaker demand for semiconductor
  • Cyber-attack incident
Mitigation Strategies
  • Diversification of market segments and geographical spread
  • Commitment to sustaining long-term pillars of growth strategies (strong recurring income, diversified market segment and geographical spread)
  • Sharpening corporate strategy to remain agile for continued growth
  • Revamped ESG and sustainability initiatives
  • Swift recovery from cyber-attack and identification of areas for enhancing IT infrastructure

Supply Chain Management

Supplier Audits: Annually evaluates selected suppliers

Responsible Procurement
  • Robust due diligence process for new suppliers
  • Prioritizes supporting local economies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015 (QES (Asia-Pacific) Sdn Bhd, QES Mechatronic Sdn Bhd, QES Intra Pacific Sdn Bhd), ISO/IEC 17025 (QES (Asia-Pacific) Sdn Bhd, QS Instruments Sdn Bhd, QES (Vietnam) Co., Ltd.), ISO 14001:2015 (QES Mechatronic Sdn Bhd)

Third-party Assurance: Smart Focus Group

UN Sustainable Development Goals

  • SDG 12.5 (Responsible Consumption and Production)

Waste reduction, recycling, and reuse initiatives

Sustainable Products & Innovation

  • Wafer batch ID reader
  • Wafer stocker and sorter system for 150mm SiC boules
  • Wafer surface measurement system (non-contact 3D surface profiler)
  • Wafer macro AOI system (26MP area scan color camera)

Awards & Recognition

  • Forbes Asia’s Best Under A Billion Companies