Climate Change Data

Environmental Metrics

ESG Focus Areas

• Business Ethics & Anti-Corruption
• Health and Safety
• Developing Human Capital
• Product Quality and Innovation
• Energy consumption

Environmental Achievements

• Reduced energy consumption per thousand sales from 31.1 kWh/RM’000 to 18.7 kWh/RM’000.

Social Achievements

• 98.2% of employees fully vaccinated against COVID-19 as of 30 September 2021.
• Implemented a share issuance scheme to incentivize employee retention and performance.
• Increased female employees from 87 to 100.

Governance Achievements

• Adopted Anti-Bribery and Anti-Corruption Policy on 24 March 2021 in compliance with Section 17A of the Malaysian Anti-Corruption Commission Act 2009.
• Made Code of Conduct and Ethics, Anti-Bribery and Anti-Corruption Policy, and Whistleblowing Policy available on the company website.

Climate Goals & Targets

Environmental Challenges

• Work-related injury incidents (3 reported, no fatalities).
• COVID-19 pandemic impact on business operations.

Mitigation Strategies

• Implemented COVID-19 measures including remote work, sanitation, and vaccination promotion.
• Structured internal safety and health programs with employee training and protective equipment.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guidelines

Sustainable Products & Innovation

• Cross-linking treatment of electron beam irradiation technology for enhanced wire and cable products.

Environmental Metrics

ESG Focus Areas

• Business Ethics & Anti-Corruption
• Health and Safety
• Developing Human Capital
• Product Quality and Innovation
• Energy consumption

Environmental Achievements

• Installation of a retrofitted solar PV system on the roof of the Telok Panglima Garang factory, expected to save approximately 85% of average electricity expenses.
• Scheduled installation of an LNG-based furnace in the new Pulau Indah factory by the end of 2022, expected to generate 30% less CO2 than fuel oil and 45% less than coal.

Social Achievements

• Implementation of a share issuance scheme on 26 August 2021 to reward and retain employees.
• Provided industry-competitive remuneration package and staff benefits to attract talents.
• Offered on-the-job training for new employees.

Governance Achievements

• Adoption of an Anti-Bribery and Anti-Corruption Policy in compliance with Section 17A of the Malaysian Anti-Corruption Commission Act 2009.
• Made Code of Conduct and Ethics, Anti-Bribery and Anti-Corruption Policy, and Whistleblowing Policy available on the corporate website.

Climate Goals & Targets

Environmental Challenges

• Reducing energy consumption and minimizing environmental impact from production machinery and facility equipment.

Mitigation Strategies

• Undertaking several energy-saving initiatives, including the installation of an LNG-based furnace and a solar PV system.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guidelines

Environmental Metrics

ESG Focus Areas

• Business Ethics & Anti-Corruption
• Health and Safety
• Developing Human Capital
• Product Quality and Innovation
• Energy consumption

Environmental Achievements

• Installation of LNG-based furnace in Pulau Indah factory, generating 30% less CO2 than fuel oil and 45% less than coal.
• Utilization of secondary or recycled copper, reducing carbon emissions by over 63% compared to primary copper.
• Solar PV system on Telok Panglima Garang factory roof reduced total electricity consumption by approximately 58%.

Social Achievements

• Offered industry-competitive remuneration package and staff benefits.
• Provided on-the-job training for new employees.
• Offered 252,730,000 options over new shares to Directors and employees under Share Issuance Scheme.

Governance Achievements

• Adopted Anti-Bribery and Anti-Corruption Policy in compliance with Section 17A of the Malaysian Anti-Corruption Commission Act 2009.
• Made Code of Conduct and Ethics, Anti-Bribery and Anti-Corruption Policy, and Whistleblowing Policy available on corporate website.
• No incidence of conduct violation or breach during the reporting period.

Climate Goals & Targets

Environmental Challenges

• Minimizing energy consumption and environmental impact from production machinery and facility equipment.

Mitigation Strategies

• Installation of LNG-based furnace.
• Utilization of recycled copper.
• Implementation of solar PV system.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guidelines

Certifications: ISO 9001:2015, ISO 14001:2015, IATF 16949:2016

Sustainable Products & Innovation

• Cross-linked wire and cable products

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Responsibility
• Economic Resilience

Environmental Achievements

• Invested in a natural gas-powered furnace, achieving 10% energy savings and lower pollution emissions.
• Implemented a circulating cooling water system promoting efficient water reuse and rainwater harvesting.
• Invested in a dust collecting and air filtering system reducing air pollution.
• Incorporated 50% recycled copper as raw materials.
• Reduced carton boxes, wooden pallets, and stretch film use by at least 50% through redesigned packaging.
• SLT generated 347,508 kWh of electricity in 2023 and 332,302 kWh in 2024 from solar energy.

Social Achievements

• Launched a survey to estimate employee commuting emissions.
• Conducted ethics training sessions, updating employee handbook, Code of Conduct and Ethics, and Anti-Bribery and Anti-Corruption Policies.
• Visited the Trung Tam Nuoi Duong Orphanage House in Da Nang, Vietnam.
• Organised health checks for twenty staff members.
• Conducted safety training programs with St. John Ambulance and the Fire Department.
• Organised an audiometric test for employees.
• Offered graduate placement and internship programmes.

Governance Achievements

• Established a Sustainability Working Group and Sustainability Committee to oversee sustainability initiatives.
• Issued a Human Rights Charter in May 2022.
• Conducted comprehensive ethics training sessions in June 2024.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on production facilities and regulatory changes influencing emissions standards.
• Supply chain disruptions (not explicitly stated, but implied through discussion of supply chain management).

Mitigation Strategies

• Adopting energy-efficient technologies and processes to reduce carbon emissions and energy consumption.
• Developing adaptation plans to enhance resilience, such as fortifying infrastructure and diversifying sourcing strategies.
• Implementing Just-In-Time (“JIT”) method in supply chain management.

Supply Chain Management

Supplier Audits: 0 suppliers assessed for environmental impacts; 0 suppliers assessed for social impacts; annual assessment using evaluation forms; periodic site visits.

Responsible Procurement

• Extensive market research to identify potential suppliers.
• Evaluation based on quality, pricing, and delivery timelines.
• CTOS and SSM background checks.
• Sample testing and trial orders.
• Regular site visits.
• Supplier sustainability guide defining requirements for working conditions, human rights, environmental protection, safety, business ethics, and compliance.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events affecting production facilities

Transition Risks

• Regulatory changes influencing emissions standards

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Universal Standards, Bursa Malaysia’s Enhanced Sustainability Reporting Framework, FTSE4Good Bursa Malaysia ESG Index, UN Sustainable Development Goals (UNSDGs), ISO 26000:2010

Certifications: ISO 9001:2015

Sustainable Products & Innovation

• Oxygen-free copper rod with enhanced performance and minimised environmental impact.
• Electron beam irradiated copper wire products for sterilisation and disinfection.