Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Environment
• Community Engagement

Environmental Achievements

• Venture into renewable and green energy sector along with Clean Development Mechanism (CDM)

Social Achievements

• Support in some sporting events in Penang (Penang Open Basketball Tournament sponsorship)
• Support and sponsorship of various fund-raising activities by various associations in Penang
• Commitment to increasing community interest in hiking around Penang Island (web-based information center for tracks and trails)

Governance Achievements

• Board of Directors continues to ensure that the principles of corporate governance and best practices are observed and practiced throughout the Group.

Climate Goals & Targets

Environmental Challenges

• Tough market environment in the Electronics and Electrical sector
• Significant drop in Hard Disk demand
• Lower revenue and stock write down in Supply of Packaging Materials segment
• Unclear signs of global recovery, especially in the US economy

Mitigation Strategies

• Adapting business strategies to the current market environment
• Actively pursuing other non-E&E businesses
• Continuing efforts in business penetration and cost management
• Establishment of D’nonce Energy Sdn Bhd to venture into renewable energy and green technology

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility

Social Achievements

• Continued supporting various healthy sporting and outdoor activities in Penang, notably in basketball; supported various activities around Penang covering various interest groups and NGOs promoting sports, health, social and charity drives; reached select groups of society including children, association of chronic diseases and groups of senior citizens; engaged in improving some facilities for a school in Johor.

Governance Achievements

• The Board of Directors continues to ensure that the principles of corporate governance and best practices is observed and practised throughout the Group.

Climate Goals & Targets

Environmental Challenges

• Impact of the big floods in October and November 2011 in Bangkok, Thailand; competitive and challenging environment in the electronic and electrical (E&E) sector; fire incident in subsidiaries’ facilities in Southern Thailand causing extensive damages and temporary cessation of operations.

Mitigation Strategies

• Continuously embarking on diversification programmes throughout the Group’s subsidiaries; implemented its own disaster management measures; improving businesses, processes and cost management to gain market share; adapting business strategies to current market environment; fully insured against fire incident.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social

Environmental Achievements

• Minimizing waste through recycling and proper disposal processes
• Energy-saving initiatives (switching off non-essential equipment)

Social Achievements

• Prioritized employee safety and well-being during the COVID-19 pandemic (providing face masks, regular testing, flexible work arrangements)
• Implemented strict Standard Operating Procedures (SOPs) to minimize COVID-19 exposure
• Registered for the government vaccination program and encouraged employee vaccination
• Various human resources initiatives to ensure employee well-being (medical benefits, ESOS, 5-day work week)

Governance Achievements

• Maintained high standards of corporate governance and business practices
• Adopted Anti-Bribery and Corruption Policy on 1 June 2020
• Adopted a whistleblowing policy
• Factories certified with ISO 9001:2015, ISO 14001:2015, and ISO 13485:2016 certifications

Climate Goals & Targets

Environmental Challenges

• Operational disruptions due to the COVID-19 pandemic and movement control orders
• Intense competition in the industry
• Foreign currency exposure

Mitigation Strategies

• Compliance with strict SOPs and extra precautionary measures to safeguard employee health and minimize operational disruptions
• Innovation and investment in latest technologies to enhance product offerings and productivity
• Leveraging vast experience, technical knowledge, and track record to maintain competitiveness
• Partial management of foreign currency risk through natural hedge and ongoing monitoring

Supply Chain Management

Responsible Procurement

• Supplier selection via pre-qualification
• Surveys and evaluation of suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia’s Sustainability Reporting Guide

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 13485:2016

Environmental Metrics

Governance Achievements

• Established and adopted a Code of Conduct for all Directors and employees.
• Established and implemented the Whistleblowing Policy and Anti-Bribery and Anti-Corruption Policy.
• Formalized a Code of Conduct providing guidance on ethical and behavioral considerations.
• Implemented the Group Anti-Bribery and Anti-Corruption Policy (ABAC Policy).

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities