Climate Change Data

Khee San Berhad

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Business conduct and compliance
  • Environmental Sustainability
  • Community
  • Customers’ satisfaction

Environmental Achievements

  • Comply with preservation of environmental aspects
  • Avoid contamination and improve quality of environment
  • Optimise manufacturing efficiency through energy efficient production machinery
  • Conserve consumption of water, electricity and other natural resources in the business operations
  • Reduce noise pollution by servicing the production machines
  • Ensure all materials used, where possible, are sourced from sustainable or recycled means
  • Ensure wastes are responsibly disposed at designated premises

Social Achievements

  • Implement strict and effective standard operating procedures (“SOP”) and best practices as recommended by the ministry of health and the world health organisation
  • Provide hostel accommodation as a quarantine place for covid 19 infected staff
  • Developing SOP and/or alternative business arrangements with customers, contractors or suppliers to ensure smooth continuity of the business and operations
  • Provide food supplies to foreign workers during pandemic time
  • Practices equal and competitive opportunities at all levels of its business, aiming to achieve a balanced participation between men and women in the workplace
  • Offers various employees’ benefits, such as: Hospitalisation and group insurance coverage, Long service awards in honour the employees’ dedication, commitment and hard work, Employee Share Option Scheme (ESOS) to allow the staff the opportunity to invest into the Company, Training programmes and workshops to enhance the skill sets and broaden the knowledge base and technical knowhow of employees
  • Ensuring the working place is free from any physical or verbal abuse
  • Ensuring round-the-clock surveillance at workplace
  • Briefings on the awareness of the safety precautions and health issues
  • Adhering to the Occupational, Safety and Health management system standard
  • Employees must wear safety gears to avoid injuries in their respective work place
  • Implementing of the whistleblowing policy

Governance Achievements

  • Established a Board Charter to provide guidance in the roles and responsibilities of the Directors and management, and to facilitate an effective discharge of its duties
  • Adopted a Code of Conduct and Ethics
  • Implemented a Whistle Blowing Policy
  • Put in place Anti-Bribery & Corruption Policy (“ABC Policy”) to encourage a culture of integrity and transparency in all of the Group’s activities

Climate Goals & Targets

Environmental Challenges

  • Labour shortages and wage fluctuations
  • Fluctuation of raw materials price
  • Fluctuation of foreign currency exchange rate
  • Changes in consumers’ preferences
  • Product quality
  • Interest rate & liquidity risk
Mitigation Strategies
  • Invest in automating the plants
  • Engage with its various raw material suppliers to strive for favourable longer-term supply arrangements
  • Explore with new suppliers to ensure that it is not overly dependent and reliant on its current key suppliers
  • Monitor global currency movements and, if necessary, take proactive hedging positions to mitigate such risk
  • Introduce innovative new flavours for its existing product range, as well as new products and product packaging to the market
  • Implement strict quality management systems and quality assurance processes
  • Monitor its cashflow position diligently while exploring alternate avenues of funding
  • Consider raising funds through the capital markets when the stock market condition is much more favourable

Supply Chain Management

Responsible Procurement
  • Ensure all materials used, where possible, are sourced from sustainable or recycled means

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Customers' satisfaction
  • Return on investments
  • Innovation
  • Regulatory requirements
  • Strict internal control
  • Environment friendly
  • Wastes and garbage treatment
  • Employees
  • Customers
  • Investors
  • Stakeholders
  • Government agencies
  • Community
  • Food safety
  • Product quality

Environmental Achievements

  • exploring into new target market abroad; improving the range of products sold and product mix; taking pride in all of the products to assure high standards in quality and of these products.
  • comply with preservation of environmental aspects; avoid contamination and improve quality of environment; optimise manufacturing efficiency through energy efficient production machinery; conserve consumption of water, electricity and other natural resources in the business operations; reduce noise pollution by servicing the production machines; ensure all materials used, where possible, are sourced from sustainable or recycled means; ensure wastes are responsibly disposed at designated premises; recycled obsolete packaging materials

Social Achievements

  • mandatory use of face masks for all employees and visitors; regular sanitisation in the workplace and provide hand sanitizers at common areas; implement strict and effective Standard Operating Procedures (“SOP”) and best practices as recommended by the Ministry of Health and the World Health Organisation; developing SOP and/or alternative business arrangements with customers, contractors or suppliers to ensure smooth continuity of the business and operations; keep the staff updated with relevant notices on prevention measures within the workplace regularly; Hospitalisation and group insurance coverage; Long service awards in honour the employees’ dedication, commitment and hard work; Training programmes and workshops to enhance the skill sets and broaden the knowledge base and technical knowhow of employees; Ensuring the working place is free from any physical or verbal abuse; Ensuring round-the-clock surveillance at workplace; Briefings on the awareness of the safety precautions and health issues; Adhering to the Occupational, Safety and Health management system standard; Employees must wear safety gears to avoid injuries in their respective work place; Implementing of the whistleblowing policy

Governance Achievements

  • KSB constantly works to cultivate a company culture that drive all our people to create value by conducting our business responsibly and conforming to the highest ethical standards through our Code of Conduct and Ethics and business practices of our industry.
  • The Group holds our Board of Directors and management team accountable of their duties through our Board Charter, that sets out the principles and responsibilities of best practices.
  • Our Whistleblowing Policy provides a framework to promote responsibility and commitment in carrying out our business with honesty, integrity and accountability.

Climate Goals & Targets

Environmental Challenges

  • capacity constraint due to rising production level to meet demand, financial constraints and the restrictions imposed by the government to combat the global pandemic
  • labour shortages
  • wage fluctuations
  • fluctuation of raw materials’ prices
  • Significant fluctuation of foreign currency exchange rate
  • Changes in consumers’ preferences
  • Product quality
  • Interest rate & liquidity risk
Mitigation Strategies
  • progressive investments to meet demand trend
  • invest in automating the plants
  • engaging with its various raw material suppliers to strive for favourable longer-term supply arrangements
  • exploring with new suppliers
  • monitoring global currency movements and, if necessary, take proactive hedging positions to mitigate such risk
  • introducing innovative new flavours for its existing product range, as well as new products and product packaging to the market
  • implementing strict quality management systems and quality assurance processes
  • monitoring its cashflow position diligently while exploring alternate avenues of funding
  • raising funds through the capital markets when the stock market condition is much more favourable

Supply Chain Management

Responsible Procurement
  • ensure all materials used, where possible, are sourced from sustainable or recycled means

Climate-Related Risks & Opportunities