Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Supply Chain Management
• Labour Practices & Conducive Workplaces
• Community Involvement
• Corporate Governance
• Economic Performance

Environmental Achievements

• Exceeded water and energy utilisation targets set in 2016
• Reduced wastewater discharged by 7%
• Recycled over 95% of water consumption from rainwater catchment
• Reduced energy intensity in Singapore, Malaysia, and China by 40%, 11%, and 4% respectively
• Recycled 123 tonnes of plastic waste (reduction from 140 tonnes in 2020)

Social Achievements

• Employee satisfaction index score of 4.71 (above 4.63 in 2020)
• No incident of corruption and fraud
• No workplace accidents reported
• 16 hours of training per employee
• Monetary donation to Lions Home for the Elder and Viriya Community Services (Singapore)
• Pet food donation drive to Woo & Meow Animal Shelter Organisation (Malaysia)

Governance Achievements

• No incident of legal non-compliance
• Consistent top-tier placings in the SGTI over the years
• Winner of the SIAS Investors’ Choice Awards 2021 Shareholder Communications Excellence Award (Small Cap category)

Climate Goals & Targets

Environmental Challenges

• Disruptions to supply chains due to COVID-19 (longer delivery times, movement restrictions, border closures, reduced flight capacities)

Mitigation Strategies

• Expanded domestic networks within export hubs to mitigate global supply chain disruptions
• Deployed land transport options due to reduced flight frequencies
• Increased virtual meetings with suppliers to ensure safety

Supply Chain Management

Responsible Procurement

• Suppliers’ Code of Conduct
• Approved Vendor List
• Regular meetings as part of supplier partnership programme

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option, SGX-ST Listing Rules 711A and 711B, SGX Sustainability Reporting Guide

Certifications: ISO 9001:2015 (Guangzhou factory and Qian Hu), ISO 14001:2015 (Qian Hu)

Sustainable Products & Innovation

• Environmentally friendly cat litter

Awards & Recognition

• SG Clean quality mark (2020)
• SIAS Investors’ Choice Awards 2021 Shareholder Communications Excellence Award (Small Cap category)
• People Developer recognition from SPRING Singapore
• People Excellence Award from SPRING Singapore

Environmental Metrics

ESG Focus Areas

• Climate Change
• Animal Welfare
• Biodiversity
• Training and Development
• Health and Safety
• Customer Satisfaction
• Innovation
• Supply Chain Management
• Business Ethics
• Economic Performance
• Diversity and Equality
• Community Engagement

Environmental Achievements

• Reduced Scope 1 and Scope 2 GHG emissions by 1.8% compared to FY 2022 (3,499 tonnes of CO2e)
• Reduced energy consumption by 2.6% compared to FY 2022 (5,725 MWh)
• Recycled 96 tonnes of plastic waste
• Recycled 51 tonnes of aluminium, steel, carton, plastic, styrofoam and glass waste

Social Achievements

• Average monthly in-house fish loss rate improved to 5% from 7% in 2022
• Average of 13.2 training hours per employee (increased from 10.4 hours in 2022)
• Zero fatalities and no reportable workplace accidents
• Customer satisfaction score of 4.16 out of 5
• Launched 13 new products

Governance Achievements

• No known cases of non-compliance with relevant laws and regulations
• No incident of whistle blowing
• Received “Best Risk Management – Bronze” award at the Singapore Corporate Awards 2023

Climate Goals & Targets

Environmental Challenges

• Increased severity of extreme weather events
• Rising temperature
• Rising sea levels
• Change in precipitation patterns
• Increased pricing of GHG emissions
• Enhanced emission-reporting obligations
• Exposure to litigation
• Substitution of existing technology
• Changing customers’ demand for eco-friendly products
• Increase in stakeholders’ concerns

Mitigation Strategies

• Installing Multi-Tier Automated Recirculation Holding Tank System to reduce water consumption
• Investing in smart aquaculture practices
• Deploying renewable energy (solar panels)
• Developing new low emission sustainable products
• Piloting an Aqua-Ring Technology (ART) system
• Implementing a comprehensive water quality testing regime
• Communicating anti-corruption and anti-bribery policies to suppliers
• Establishing a whistle blowing mechanism

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct
• Vendor selection process
• Capacity-building programme in Malaysia

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity of extreme weather events
• Rising temperature
• Rising sea levels
• Change in precipitation patterns

Transition Risks

• Increased pricing of GHG emissions
• Enhanced emission-reporting obligations
• Exposure to litigation
• Substitution of existing technology
• Changing customers’ demand
• Reputation risks

Opportunities

• Resource efficiency improvements
• Renewable energy deployment
• Development of sustainable products
• Supply chain resilience

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD

Certifications: ISO 14001 (Singapore farm)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Aqua Zonic Smash-Proof Aquarium Heater
• Aqua Zonic Solar Pro Double Tube Heater
• Aqua Zonic 5-in-1 Fish Tank Cleaning Kit
• Aqua Zonic Vertical Filtration UV-C Lamp
• FishLove Elegant Series Fish Tank
• FishLove Lotus Series Fish Tank
• Aristo-Cats YIHU Premium Plus Tuna with Pumpkin 80g
• Aristo-Cats YIHU Premium Plus Tuna with Beef 80g
• Aristo-Cats YIHU Premium Plus Tuna with Cranberry 80g
• Nature’s Gift Dry Food Adult All Breeds with Kangaroo 2.5kg
• Nature’s Gift Dry Food Adult All Breeds with Beef 2.5kg
• Nature’s Gift Dry Food Adult All Breeds with Chicken & Fish 2.5kg
• Nature’s Gift Dry Food Adult All Breeds/Healthy Weight with Chicken 2.5kg

Awards & Recognition

• Best Risk Management – Bronze at the Singapore Corporate Awards 2023
• Shareholder Communication Excellence – Winner at the Securities Investors Association (Singapore) Investors’ Choice Awards 2023