Climate Change Data

GCCP Resources Limited

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Economic Performance
  • Customer satisfaction
  • Quality assurance
  • Occupational, safety and health
  • Training and education
  • Legal compliance
  • Environmental compliance

Environmental Achievements

  • Successfully renewed Quarry Approval Letters (SKP) for GLD Mine and Hyper Act Quarry 1 and obtained SKP for Hyper Act Quarry 2.
  • Upgraded the water pump system of the crusher plant at Hyper Act Marketing Quarries to increase water pressure, resulting in lower impurity levels in crushed limestone and reduced customer complaints.
  • Zero incidents of non-compliance with environmental laws and regulations.

Social Achievements

  • Conducted trainings: Basic Occupational, First Aid and CPR Training, Professional First Aid, CPR and AED Training, and Outdoor Team Building for Managers.
  • Achieved zero work-related injuries and fatalities.

Governance Achievements

  • Complied with the principles and guidelines of the Code of Corporate Governance 2012 and the SGX-ST disclosure guide.
  • No whistleblowing reports received.
  • Weaknesses in internal controls identified and rectified.

Climate Goals & Targets

Medium-term Goals:
  • Increase employee training hours to an average of 48 hours and above in FY2019.
Short-term Goals:
  • Lower employee turnover rate by 10% compared to FY2019 rate.

Environmental Challenges

  • 22% increase in employee turnover rate (from 2% to 28%) due to unhappiness with work reassignments.
  • Drop in revenue (MYR1.9 million) due to lower sales of ground calcium carbonate (GCC) crushed stones from export market decline.
Mitigation Strategies
  • Reviewing remuneration packages and perks yearly; placing suggestion boxes in offices to solicit employee feedback.
  • Improving extraction methods at Hyper Act Quarries to maximize feed to the crusher in preparation for increased demand.
  • Identifying more extraction points to locate calcium carbonate deposits meeting various quality standards.

Supply Chain Management

Responsible Procurement
  • Regular reviews and discussions with suppliers to ensure a smooth and robust procurement system.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4