PDZ HOLDINGS BHD
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Economic
- Environmental
- Social
- Governance
Environmental Achievements
- Decrease in total electricity consumption by 36%
- Increase in recycling efforts by 34%
Social Achievements
- Organized various social activities such as regular meal gatherings and birthday celebrations and festival celebrations to enhance the bonding amongst employees.
- Formalized Remuneration Policy and Gender Diversity Policy
- Yearly training budget allocated to upgrade job knowledge and up-skilling employees.
Governance Achievements
- Formalized Corporate Disclosure Policy; Code of Ethics and Conduct; Whistle Blowing Policy; Related Party Transactions Policy and Procedures; and Anti-Bribery and Corruption Policy
- 50% of employees received training on anti-corruption
Climate Goals & Targets
Environmental Challenges
- Global economic slowdown
- Increase in logistical costs, customer acquisition costs, business development initiatives and impairment of financial assets
- Challenging glove manufacturing sector
- Rising interest rates coupled with the war in Ukraine continues to weigh on global economic activities with expected tightening of global credit and increasing financing costs would worsen economies
Mitigation Strategies
- Continuous diversification into the glove manufacturing sector, with its exploration into supply of gloves for the European and other export markets.
- On-going development and operating of a regional e-commerce logistic hub in Johor
- Increase and improve its value-added ancillary logistic services to support its clients
- Exploring ventures into complementary businesses within the industries the Group operates in
- Remain cautious of the operating environment and strive to improve its revenue streams of its businesses by collaborating with current and potential business partners to provide efficient and effective logistic solutions for its customers.
Supply Chain Management
Responsible Procurement
- Prioritise local suppliers for provision of goods and services in relation to professional services and administrative support function
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used:
Certifications:
Reporting Period: 2023
Environmental Metrics
Total Energy Consumption:4125 Kwh
Water Consumption:0.036 m3
ESG Focus Areas
- Anti-Corruption
- Data Privacy and Security
- Diversity
- Supply Chain Management
- Employee Management
- Health and Safety
- Community Investment
- Energy Management
- Water Management
Environmental Achievements
- Total energy consumption: 4,125 Kwh
- Total volume of water used: 0.036 Megalitres
Social Achievements
- Various social activities, including regular meal gatherings, birthday celebrations, and festival events are organised to cultivate camaraderie and strengthen bonds among employees.
- Total employee training hours: 70 hours
- Personal donations to various charitable organisations by directors.
Governance Achievements
- Adoption of several policies to combat corruption and promote ethical behaviour, including Corporate Disclosure Policy, Code of Ethics and Conduct, Whistleblowing Policy, Related Party Transactions Policy and Procedures, and Anti-Bribery and Corruption Policy.
- Implementation of Employee Share Option Scheme (ESOS).
Climate Goals & Targets
Environmental Challenges
- Lower revenue performance compared to the previous financial year due to increasing operating cost pressures and ongoing global events.
- Challenging operating environment with increasing operating cost pressures and ongoing global events.
Mitigation Strategies
- Cautious and diligent approach in ongoing planned development and operation of a regional e-commerce logistic hub in Johor.
- Diversification plans into the glove manufacturing sector.
- Efforts to increase revenue streams.
- Exploring ventures into complementary businesses.
Supply Chain Management
Responsible Procurement
- Prioritises the use of local suppliers for corporate and non-specialist services.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Bursa Malaysia’s Main Market Listing Requirements, Bursa Malaysia’s Sustainability Reporting Guidelines (3rd edition)