Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Contribution
• Supporting Local Suppliers
• Product Responsibility and Quality
• People – Diversity
• People – Development
• People – Health and Safety
• Data Privacy and Security
• Environment
• Ethical Business Conduct
• Financial Performance
• Customer Satisfaction
• Product Quality
• Energy Consumption
• Employee Development
• Labour and Working Standards
• Health and Safety
• Environmental Impact of Product
• Material and Natural Resource Utilisation

Environmental Achievements

• Zero substantiated penalties or complaints related to environmental matters
• Zero incidents of non-compliance with regulations concerning health and safety impact of products
• Zero incidents of recalls issued for any reasons, including health and safety reasons

Social Achievements

• Zero substantiated complaints concerning human rights violations
• Zero fatalities within the workforce
• Twelve minor work-related incidents and zero major work-related incidents and zero Lost Time Incident Rate during the reporting period
• Zero substantiated complaints concerning breaches of customer privacy

Governance Achievements

• Implemented Anti-Bribery and Anti-Corruption Policy (ABAC) in line with Malaysian Anti-Corruption Commission Act
• Established a Whistleblowing Procedure
• Zero confirmed incidents of corruption

Climate Goals & Targets

Environmental Challenges

• Decrease in sales volume across all segments except automotive lubricant
• Significant downturn in consumer detergent segment (14% decrease)
• Decline in sales volume in food industry (11% decrease)
• Increase in electricity costs (17% year-on-year) due to TNB tariff adjustments
• Ringgit Malaysia's depreciation leading to escalated utility costs
• Heightened resin prices and escalating operating costs
• Potential government actions to rationalize fuel and electricity tariff subsidies

Mitigation Strategies

• Unwavering vigilance in cost containment and prioritizing lean and efficient operational practices to enhance productivity
• Judicious cost management while safeguarding the quality of products
• Strategizing to uphold adequate liquidity levels, ensuring prompt fulfillment of obligations
• Judicious allocation and monitoring of capital expenditure
• Commitment to enhancing productivity and efficiency

Supply Chain Management

Responsible Procurement

• Prioritising local suppliers (47% in FYE 2024)
• Screening new suppliers using environmental and social criteria

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Main Market Listing Requirements, Bursa Malaysia Sustainability Reporting Guide 3rd Edition, UN Sustainable Development Goals

Certifications: ISO 9001 Quality Management System