Climate Change Data

Mlabs Systems Berhad

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:106.776 tCO2eq (Local Offices) + 13.217 tCO2eq (Overseas Offices)
Scope 2 Emissions:120 tCO2eq
Total Energy Consumption:140,865 kWh (Local Offices) + 17,437 kWh (Overseas Offices)
Water Consumption:164 m3 (Local Offices) + 410 m3 (Overseas Offices)

ESG Focus Areas

  • Economic Sustainability
  • Environmental Sustainability
  • Social Sustainability
  • Governance

Environmental Achievements

  • Implemented energy-efficient lighting systems and upgraded air-conditioning systems to reduce energy consumption.
  • Reduced water consumption across both local and overseas operations.

Social Achievements

  • Invested RM4,654.60 in community initiatives, benefiting 329 individuals.
  • Maintained a near-equal gender representation within the workforce (51% female, 49% male).
  • Provided various training programs for employees covering diverse topics.

Governance Achievements

  • Established a comprehensive Personal Data Protection Policy to comply with Malaysia’s Personal Data Protection Act (PDPA) 2010.
  • Implemented several corporate governance policies, including Anti-Bribery and Anti-Corruption Policy and Whistleblowing Policy.

Climate Goals & Targets

Environmental Challenges

  • Intense competition across all business segments.
  • Global shortages in technology hardware and alcohol goods.
  • Maintaining good governance and compliance across all business segments.
  • Forex risk due to overseas manufacturing.
  • Impairment risk of intangible assets due to rapid technological changes.
  • Cybersecurity and data privacy risk.
Mitigation Strategies
  • Ongoing development of technical expertise and exceptional services at competitive prices.
  • Various programs, perks, and the Employees’ Share Option Scheme to retain key talent.
  • Regular reviews of strategies for sustainability and cost-efficiency.
  • Close monitoring of distributor performance and communication with customers.
  • Weekly management meetings and monthly financial performance reviews.
  • Ongoing monitoring and communication with panel distributors.
  • Developing upgradeable, multifunctional applications.
  • Implementing strategies like threat detection, encryption, and regular security audits.

Supply Chain Management

Responsible Procurement
  • Prioritising awarding majority of orders to local distributors.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide, ACE Market Listing Requirements of Bursa Malaysia Securities Berhad