Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 46 In the reporting period of FY2023, we achieved the following: (cont’d) SUPPLY CHAIN INDICATORS UNIT OF MEASURE FY2023 SUPPLY CHAIN RESPONSIBLE SOURCING I. Committed to 100% compliance to adhere to all applicable laws, regulations, and customer requirements regarding the prohibition or restriction of specific substances in products and manufacturing, including labelling for recycling and disposal; compliance 100% II. Committed to responsible sourcing of minerals with full compliance and adoption of a policy and exercise due diligence on the source and chain of custody consistent with the organisation for economic cooperation and development guidance for responsible supply chains of minerals from conflict affected and high-risk areas or an equivalent and recognised due diligence framework. compliance Yes RESPONSIBLE CLIMATE CHANGE The climate change challenges we are currently grappling with represent a global threat to humanity. Tackling these challenges requires an extraordinary level of understanding, sacrifice, and execution. Carbon dioxide (CO2), a global pollutant, defies containment within specific locations, making it a pervasive reality. The consequences of global indecision in the face of climate change will inevitably lead to dangerously elevated heat levels, widespread droughts, floods, and severe hardships for millions of people worldwide. The impacts of climate change are far-reaching and have extensive, disastrous effects on our environment. These include, but are not limited to, the increasing frequency and intensity of extreme weather events, such as floods and famines. Additionally, climate change contributes to alterations in sea temperature, ocean acidity, and the eventual rise in sea levels. These changes collectively pose significant threats to the delicate balance of our ecosystems and the well-being of communities across the globe. CLIMATE RESILIENCE Response with high urgency and commitment to mitigate climate change and protect Frontken Group from its Effects. PRODUCTION RESILIENCE Ensure our Frontken Group can thrive in the future economy in the face of cliamte change and growing resource constraints. RESOURCE RESILIENCE Secure Frontken Group Critical Resources, such as utilities, water, materials, chemicals, manpower, and supply chain through optimisation, recycle and recovery of treasure from waste. SUSTAINABILITY REPORT (CONT’D)
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