Key Sustainability Focus Areas
Responsible Waste Management
Optimising Consumption of Materials
Reducing Energy Consumption & Emissions
Environmental Compliance
For the Betterment of the Environment
Recognising our responsibility to contribute to the preservation of a healthy planet for future generations, we are consistently expanding our framework for environmental sustainability to keep up with expanding worldwide concerns such as Greenhouse Gas (GHG) emissions and climate change.
At the same time, we place high importance on the proper use and procurement of materials and other resources across our business operations and continually improve our approach to minimising waste, boosting reusability, improving recyclability, and making effective use of our manufacturing and construction raw materials.
Our various focus areas and commitments are enshrined in our Group-wide Environmental Policy, while our expectations of our employees and suppliers are similarly outlined in other respective policies.
Responsible Waste Management
MANAGING WASTE WITH UTMOST RESPONSIBILITY
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In our roles as a global player in the flexible plastic packaging industry and national developer of affordable homes, we are cognisant of the waste that our business activities and operations may generate. We further acknowledge the importance of responsible waste management at a time when the world’s growing population is generating increasing amounts of refuse and pollution.
Our approach to waste management encompasses:
- Adherence to our waste management framework and hierarchy which are further supported by our Group-wide Environmental Policy
- Reducing our production waste through enhancement in our machines and processes
- Minimising the potential environmental impact of mismanaged waste through the provision of compostable packaging, and the utilisation of PCR resin in our packaging product, which the PCR resin is derived from ocean-bound plastics
- Recycling waste by converting plastic recyclable into usable resources and converting non-recyclable waste into fuel
- Practicing the responsible management and disposal of scheduled waste and effluents
- Establishing stringent protocols for waste management at property development sites
- Promoting recycling of general waste amongst employees through our Reduce, Reuse and Recycle (3R) initiative and ‘Back to Earth’ programme
OUR PERFORMANCE:
In FY2022, total non-hazardous plastic waste as a percentage of output decreased by 23.6%, due to our ongoing initiatives on waste management across our plants.
Optimising Consumption Of Materials
MINDFULLY UTILISING MATERIALS AND RESOURCES
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We have always placed great value on the responsible usage and procurement of materials and other resources used within our Packaging and Property Divisions. Over the years, we have continually enhanced our packaging product designs and processes to further optimise our material consumption and thus reduce our carbon footprint.
Our approach to optimising material use encompasses:
- Adherence to the resource utilisation guidelines outlined in our Group-wide Environmental Policy
- Increasing our recycling capacity and continually improving our efficiency in utilising Post-Industrial Recycled (PIR) resin
- Innovating downgauged films and packaging products that are resource efficient without compromising on functionality and performance
- Prioritising procurement from responsible suppliers, such as those that are Forest Stewardship Council (FSC) or Aluminium Stewardship Initiative (ASI) certified
- Promoting the efficient and cautious use of water through water-saving measures
- Adopting the Industrialised Building System (IBS) construction technique in our Property Division, which enables a higher degree of precision and thereby reduces material wastage
- Reusing materials wherever practicable across both divisions
OUR PERFORMANCE:
In FY2022, recycled materials constitute 7.8% of the total material used in our Packaging Division.
Reducing Energy Consumption & Emissions
TAKING ACTION TO ALLEVIATE CLIMATE CHANGE
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With the acceleration of climate change, the onus is upon us, as a major manufacturer and property developer, to adopt low carbon energy technologies and introduce energy efficient production technologies that will make a meaningful difference to our energy consumption and emissions. We have also stepped up our efforts to minimise the indirect emissions that occur across our supply chain and throughout the lifecycles of our products.
The steps we have taken include:
- Investing in new machinery and innovative system processes within our Packaging Division to enhance our energy efficiency and reduce carbon emissions
- Embarking on our maiden solar photovoltaic (PV) project at one of our manufacturing plants
- Leveraging our presence across the packaging value chain and further streamlining our processes to enhance our production efficiency and machine utilisation, thus reducing electricity consumption per output
- Adopting circular practices to harness progressive long-term reductions in energy usage and decrease our GHG emissions per product
- Adopting efficient planning of house designs, thereby reducing the energy required by the homeowners for cooling purposes
- Promoting practices that reduce indirect emissions from logistics and throughout our supply chain
- Countering GHG emissions via the introduction of initiatives such as the mangrove planting programme, which helps to sequester carbon from the environment
OUR PERFORMANCE:
In FY2022, our energy consumption intensity per unit of revenue has reduced by 9.9%, while the GHG emissions intensity per unit of revenue has reduced by 10.9%.
Environmental Compliance
MAINTAINING RIGOROUS ENVIRONMENTAL COMPLIANCE
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Over the years, we have continually expanded our framework governing environmental sustainability in order to keep pace with rising global challenges and maintain our reputation as a responsible corporate citizen. This entails a rigorous commitment towards upholding compliance with all applicable environmental regulations in the regions where we operate, while at the same time encouraging our supply chain to a similarly high standard of responsibility.
Our approach encompasses:
- Complementing our Group-wide Environmental Policy with a robust Environmental Compliance Framework that further establishes our commitment to stringent oversight and monitoring, regular training for employees, frequent engagement with regulators and obtaining globally recognised certifications
- Ensuring compliance with all relevant environmental laws and regulations in the various jurisdictions where we operate
- Undertaking regular engagements with authorities and attending trainings, courses and seminars to keep abreast of the latest updates and developments in environmental rules and regulations
- Participating in Plastic Sustainability and Circularity Working Group formed by Ministry of Environment and Water to provide support that may assist in the delivery of the targets set forth in the Malaysia Plastics Sustainability Roadmap 2021-2030
- Practicing responsible project development practices in our Property Division, including the undertaking of the Environmental Impact Assessments (EIA) for projects exceeding 50 hectares in size
- Leveraging on our dedicated Health, Safety and Environment (HSE) Committee to oversee and monitor adherence across the Group’s operations