Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Impact
• Working Environment
• Community Investment
• Marketplace Engagement

Environmental Achievements

• Estimate of 821,467 kWh saved from energy saving initiatives
• Total of 412 MT of waste recycled
• Estimate of 8,110 kg plastic saved from packaging efficiency projects

Social Achievements

• 48,837 training hours in total across the Group
• 34.7% of management are women
• Zero fatalities reported across the Group
• More than RM 7 million spent on community investments in FY2021

Governance Achievements

• No corruption or bribery cases recorded throughout the Group
• All subsidiaries conducted a corruption risk assessment

Climate Goals & Targets

Environmental Challenges

• Two cases of environmental non-compliance resulting in RM3,000 in fines
• Rising material and commodity prices
• Disruptions to the global supply chain
• Implementation of work from home posing cybersecurity concerns

Mitigation Strategies

• Actions taken to rectify environmental non-compliance and implement additional precautions
• Stronger procurement practices, cost control and cash flow monitoring
• Enhanced cybersecurity
• Continuous monitoring of stock levels and internal coordination to reduce supply chain disruption risk

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Implementation of Human Rights Policy in supply chain
• Membership in Sedex (FFM PI and FGM Sarawak)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes

Opportunities

• Renewable energy initiatives

Reporting Standards

Frameworks Used: GRI Standards, Bursa Malaysia Securities Main Market Listing Requirements, UN SDGs

Certifications: MSPO MS2530-3:2013 (oil palm entities), HACCP (7 cinema concessions)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 6 – Clean Water and Sanitation
• SDG 8 – Decent Work and Economic Growth
• SDG 10 – Reduced Inequalities
• SDG 12 – Responsible Consumption and Production
• SDG 13 – Climate Action
• SDG 16 – Peace, Justice and Strong Institutions

Initiatives contributing to these goals detailed throughout the report

Sustainable Products & Innovation

• V-Soy No Sugar soy milk
• Massimo Seeded Multigrain with Barley bread

Awards & Recognition

• Platinum Putra Brand award (GSC, Entertainment Category)
• Most Preferred Graduate Employer award (GSC)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 88% of non-hazardous waste was diverted from landfills
• Three additional installations of solar panels have been planned under the Grains and Agribusiness and Consumer Products segments

Social Achievements

• Zero fatalities were recorded across the Group
• 46% increase in employee training hours
• Invested more than RM3.0 million into CSR initiatives benefiting more than 16,000 community members

Governance Achievements

• PPB has been listed in the FTSE4Good Index Series since 2018 and has improved overall score rating in environment, social and governance areas
• 100% of PPB Group’s operations assessed for Anti-Bribery and Corruption risks
• Developed three new standalone policies on Climate Change, Waste Management and Nutrition

Climate Goals & Targets

Environmental Challenges

• High inflation and rising interest rates
• intense volatility in commodity prices
• initial cost and feasibility assessment as major challenges in undertaking solar energy projects

Mitigation Strategies

• Implementing projects to improve energy efficiency and promote the use of renewable energy
• Adopting renewable energy, green technology and environmental practices within our operations where feasible
• Aligning with the TCFD framework and introduction of near- and medium-term emission reduction targets and initiatives

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Human Rights Policy implemented in supply chain
• Preference for local suppliers (92.5% in FY2022)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, natural disasters

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: International Integrated Reporting Framework, Bursa Malaysia’s Main Market Listing Requirements, Sustainability Reporting Guide (3rd edition), GRI Standards, UN SDGs, TCFD framework

Certifications: HACCP, ISO, FSSC, Halal, GreenRE Gold Certification (Megah Rise Residensi), MSPO (oil palm plantations)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 1
• 2
• 3
• 6
• 8
• 10
• 12
• 13
• 16

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

• Bio-based rice husk toothbrushes, recycled plastic bottles, biodegradable cinema packaging, healthier food options.

Awards & Recognition

• FTSE4Good Index Series listing
• GSC Platinum award (Putra Brand Awards)
• FFM Grains & Mills SIFIRI award
• Megah Rise Residensi GreenRE Gold Certification

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Management
• Waste Management
• Product Quality and Safety
• Health and Safety
• Corporate Governance and Ethical Business Practices
• Brand Image and Reputation
• Customer Satisfaction
• Economic Performance
• Employee Engagement and Satisfaction
• Talent Attraction and Retention
• Supply Chain Management
• Diversity and Inclusion
• Community Engagement and Development
• Human Rights
• Nutrition, Health and Wellness
• Risk Management and Business Continuity
• Data Privacy and Security
• Energy Efficiency
• Sustainable Packaging

Environmental Achievements

• New investment of RM9.2 million in renewable energy
• Completion of three PV solar energy systems with 3.7MWp capacity
• 88% of non-hazardous waste diverted from landfill
• Performed steam energy audit at two sites to increase energy efficiency
• Installed new laser projectors in selected cinema halls, expected to reduce energy consumption by 70%

Social Achievements

• Invested RM2.4 million in the community impacting over 16,000 beneficiaries
• Collaborated with over 80 reputable organisations
• Maintained zero work-related fatalities across the Group
• 41% of management positions held by women
• 100% of employees returned to work after completion of parental leave
• GSC recognised at the Graduates’ Choice Award 2023 (Entertainment and Leisure)

Governance Achievements

• 100% of PPB Group Berhad and subsidiary companies assessed for Anti-Bribery and Corruption risks
• 100% completion of Anti-Bribery and Corruption training for all directors and employees across the Group
• Listed on the FTSE4Good Index Series since 2018

Climate Goals & Targets

Environmental Challenges

• Supply-chain disruption due to climate change
• Climate-induced extreme weather impacting raw material supplies

Mitigation Strategies

• Closely monitor global supply and demand dynamics
• Adopted a diversification approach, sourcing from multiple regions to reduce dependency on a single source

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Due Diligence Guidelines for Procurement
• Code of Conduct and Ethics for Business Associates
• Compliance with PPB’s sustainability policies

Climate-Related Risks & Opportunities

Physical Risks

• Acute weather events (floods, droughts)
• Chronic events (sea level rise, climate shifts)

Transition Risks

• Policy and regulatory changes
• Investors’ expectations
• Technological shifts

Opportunities

• Development of energy-efficient products and processes
• Expansion of renewable energy solutions

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD

Certifications: MSPO

Third-party Assurance: Internal Audit Department review of energy consumption and Scope 1 & 2 GHG emissions data

UN Sustainable Development Goals

• Not disclosed

Align our actions towards strategically relevant SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Putra Brand Awards (Platinum winner in entertainment category)
• FIABCI Property Awards 2023
• PPK Malaysia Best Experiential Marketing Awards
• GreenRE gold certification and GreenRE Sustainable Development Awards