Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Corporate governance and ethical behaviour
• Environment

Environmental Achievements

• ISO 14001:2015 certification for its effective Environmental Management System
• Installation of a solar system at one plant to reduce carbon footprint and increase reliance on sustainable energy sources
• Adoption of the 3R concept - Reduce, Recycle, and Reuse

Social Achievements

• In-house cross training, productivity improvement programs, and workplace diversity initiatives
• Support systems for employee well-being including career discussions, performance appraisals, assignment plans, transfer and promotion plans, and mentoring programs
• Robust guidelines to safeguard the health and safety of employees
• Initiative to hire handicapped employees

Governance Achievements

• Formalized Code of Conduct and ethics for Directors
• Whistle Blowing Policies and Procedures
• Anti-Bribery and Corruption Policies
• Establishment of Audit Committee, Nomination Committee and Remuneration Committee

Climate Goals & Targets

Environmental Challenges

• Challenging market conditions in 2022, including disruptions in the supply chain, intensifying geopolitical tensions, high commodity prices, rising operational costs and fluctuating foreign currency exchange rates
• Pressure on margins due to economic challenges

Mitigation Strategies

• Implementing cost reduction measures and improving efficiency
• Exploring new revenue streams and pursuing potential collaborations to diversify its business portfolio
• Improving efficiency in manufacturing operations and boosting product research and development
• Expanding and diversifying its customer base
• Exploring entry into new markets
• Introducing new product lines or services
• Investing in sustainability initiatives and green technology

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Corporate governance and ethical behaviour

Environmental Achievements

• One of our plants has recently installed a solar system to further reduce its carbon footprint and increase its reliance on sustainable energy sources.

Social Achievements

• The Group has taken an initiative to hire handicapped employees who are keen to seek employment in our factory, recognizing the value of a diverse and inclusive workforce.
• In-house cross training, productivity improvement programs, and workplace diversity initiatives

Governance Achievements

• The Board has formalised a Code of Conduct and ethics for Directors.
• Whistle-Blowing Policies and Procedures
• Anti-Bribery and Corruption Policies

Climate Goals & Targets

Environmental Challenges

• disruptions in the supply chain, intensifying geopolitical tensions, high commodity prices, rising operational costs and fluctuating foreign currency exchange rates
• inventory written down of RM1.509 million

Mitigation Strategies

• implement cost reduction measures and enhance operational efficiency
• improve efficiency in its manufacturing operations and boosting product research and development to better meet the needs of its customers
• Exploring avenues for growth and broadening its customer base
• investments in green technology to mitigate its carbon footprint and enhance environmental stewardship

Supply Chain Management

Responsible Procurement

• 78.65% Proportion of spending on local suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia ESG Reporting Platform

Certifications: ISO 14001:2015