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. Our efforts have been underscored by our increasing use of renewable solar energy across both divisions.
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
Minimising Our Waste Footprint
Aligned to
In our roles as a global player in the FPP 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.
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 continual enhancements of our machines and processes
- Minimising the potential environmental impact of mismanaged waste through the provision of compostable packaging and by increasing the utilisation of PCR resin in our packaging solutions
- Recycling waste by converting plastic recyclable into usable resources and converting non-recyclable waste into Processed Engineered 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, our ‘Back to Earth’ composting programme and our fabric recycling initiatives.
OUR PERFORMANCE:
We remain committed to reducing the environmental impacts of waste within the communities where we operate. In FY2023, the proportion of recycled plastic waste in relation to our output increased to 4.7%, up from 3.5% in the previous year.
Optimising Consumption Of Materials
Maintaining Responsible Material Utilisation Practices
Aligned to
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, while consistently seeking solutions to maximise resources deployed during our construction activities.
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 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
- Enhancing our application of the IBS construction technique in our Property Division, which enables a higher degree of precision and thereby reduces material wastage. Additionally, we have utilised metal formworks, which offer greater reuse potential compared to timber and plywood, and thus further contribute to our long-term resource footprint reduction
- Reusing materials wherever practicable across both divisions
OUR PERFORMANCE:
In FY2023, recycled materials constitute 8.3% of the total material used in our Packaging Division. Meanwhile, the water consumption intensity of our Packaging Division increased by 5.5%, while the intensity of our Property Division decreased by 7.7%.
Reducing Energy Consumption & Emissions
Expanding Our Climate Commitment
Aligned to
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, most recently by adopting electric forklifts to reduce emissions during forklift operation
- Completing our maiden solar photovoltaic (“PV”) project at our Ipoh manufacturing plant, with plans to expand solar energy adoption across both divisions in the near future
- 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 initiatives such as our mangrove planting programme, which helps to sequester carbon from the environment
OUR PERFORMANCE:
Environmental Compliance
Maintaining Best Practices in Environmental Management
Aligned to
We are continually expanding our environmental sustainability framework in order to keep pace with rising global challenges and preserve our reputation as a responsible corporate citizen. This includes maintaining a rigorous dedication towards upholding compliance with all applicable environmental regulations in the regions where we operate, while at the same time encouraging our supply chain to adopt 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 relevant training sessions, courses and seminars to keep abreast of the latest updates and developments in environmental rules and regulations
- Adopting responsible project development practices in our Property Division, including via 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 compliance across the Group’s operations