PRIVASIA Technology Berhad
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:181,637 kgCO2e (Scope 1, 2, and 3)
Scope 1 Emissions:3,087 kgCO2e
Scope 2 Emissions:153,168 kgCO2e
Scope 3 Emissions:26,382 kgCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:261,826 kWh
Water Consumption:759 m3
Waste Generated:1583 kg (paper)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced paper consumption from 1914 kg in 2021 to 1583 kg in 2022
- Reduced indirect energy consumption from 295,111 kWh in 2021 to 261,826 kWh in 2022
- Reduced water withdrawal from municipal supplies from 761 m3 in 2021 to 759 m3 in 2022
- Initiated “GO GREEN” campaign to promote environmentally friendly practices
- Exploring e-waste upcycling opportunities
Social Achievements
- Organized various social activities throughout the year for employee engagement
- Implemented a comprehensive talent management program
- Promoted 15 employees in 2022
- Increased percentage of women in management from 15% in 2021 to 20% in 2022
- Donated 10 used laptops to SMK SS17 Subang Jaya
Governance Achievements
- Conducted a comprehensive materiality assessment in Q4 2022
- Implemented PROCUREHERE, a cloud-based procurement solution to promote transparency
- Zero substantiated corruption cases in 2022
- Established a whistleblowing policy
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2035
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Lower energy usage by 8% to 10% in 2023
- Re-evaluate and upcycle e-waste from 2023
Environmental Challenges
- Managing energy use and greenhouse gas emissions in the ICT sector
- Reducing e-waste
- Improving water efficiency
- Maturity of human rights compliance practices
Mitigation Strategies
- Considering moving to AWS for energy efficiency
- Examining feasibility of installing solar panels
- Monitoring energy usage monthly
- Adopting a Solid and Hazardous Waste Management framework
- Donating, selling, and recycling e-waste
- Progressive implementation of human rights assessments and training
Supply Chain Management
Supplier Audits: Annual supplier performance evaluations
Responsible Procurement
- PROCUREHERE eProcurement solution
- Preference for local suppliers (91% in 2022)
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Universal Standards, Bursa Malaysia Sustainability Reporting Guide, UN SDGs, ISO 26000
Certifications: ISO/IEC 20000-1:2018
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation and Infrastructure
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- PROCUREHERE eProcurement solution
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:261.085 tCO2e
Scope 1 Emissions:2.112 tCO2e
Scope 2 Emissions:149.189 tCO2e
Scope 3 Emissions:149.189 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:255,023 kWh
Water Consumption:777 m3
Waste Generated:1,182 kg (paper)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Governance
- People
- Environment
- Innovation
- Community
Environmental Achievements
- Reduced paper usage by 25.5% from 2022 to 2023 (1,583 kg to 1,182 kg)
- Reduced paper usage by 80,149 pieces across four levels of the office, saving up to 91.4 kgCO2e per tonne of A4 paper.
Social Achievements
- Organized various social activities throughout the year, such as games, festive celebrations, sports and wellness events, team building, monthly birthday celebrations for employees and Corporate Social Responsibility programmes.
- Provided training hours totaling 854 hours, a 139.2% increase from 2022.
Governance Achievements
- Reviewed and updated the Code of Ethics and Conduct in February 2024 to align with Bursa Listing Requirements.
- Zero substantiated corruption cases in 2023.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2035.
Medium-term Goals:
- Migrate on-site servers to AWS cloud by 2025.
Short-term Goals:
- Reduce annual paper consumption to less than 150,000 pieces per year.
Environmental Challenges
- Shortfall in target to reduce energy usage by 8% due to delay in migrating on-site servers to AWS cloud and deferral of solar panel installation.
- Increase in water usage at headquarters due to undetected leaks.
Mitigation Strategies
- Migrating on-site servers to Amazon Web Services (AWS) by 2025.
- Exploring solar energy options for future implementation.
- Immediate repairs carried out to address water leaks.
Supply Chain Management
Supplier Audits: Annual supplier performance evaluations
Responsible Procurement
- Local sourcing preference; PROCUREHERE cloud-based procurement solution; Supplier Code of Conduct; Supplier due diligence questionnaire/declaration form.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Universal Standards, UN SDGs, Bursa Malaysia Illustrative Sustainability Report Guide, 3rd Edition, ISO 26000
Certifications: ISO/IEC 20000-1:2018
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Not disclosed
Sustainable Products & Innovation
- PROCUREHERE, FINANSHERE, iTAP
Awards & Recognition
- Not disclosed