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