Frontken Berhad Annual Report 2024

FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 27 SUSTAINABILITY REPORT (CONT’D) (c) Greener and Safer Chemical Usage and Management Policy We implemented a comprehensive policy for the greener and safer usage and management of chemicals across our operations. By adhering to stringent regulatory standards and adopting best practices in chemical management, we have prioritised the health and safety of our employees, customers, and communities, while minimising environmental impact. (d) Increased Transparency and Risk Reduction We enhanced transparency in our operations, reducing risks and taking proactive measures to address sustainability challenges. Our initiatives, including those related to climate change and pollution control, have resulted in tangible actions aimed at mitigating environmental impact and promoting sustainable practices throughout our value chain. (e) Proactive Risk Management & Regulatory Compliance We systematically assess the impacts of our business activities on climate change, water usage, and other environmental factors. Our approaches emphasised transparency and accountability regarding our performance and data by committing to third-party platforms such as the Task Force on Climate-related Financial Disclosures (TCFD) and the Carbon Disclosure Project (CDP). By engaging with these platforms, we are better positioned to focus on optimising our activities, ultimately reducing the environmental impact of our operations. (f) Promote Net Zero Goals through Continuous Sustainable Production We consistently advocate for low-carbon solutions by continuously advancing technologies and projects related to part recovery, cleaning, and refurbishment. Through our comprehensive assessments, we are able to quantify the greenhouse gas emissions that have been avoided within the value chain as a result of our business activities, which are reported as Scope 4 Emissions. We believe that by disclosing these avoided greenhouse gas emissions, we can effectively promote a Circular Economy and sustainable sourcing within the supply chain. These accomplishments underscore our ongoing commitment to driving positive change and creating value for all stakeholders. By prioritising innovation, sustainability, and transparency, we are positioned to contribute meaningfully to addressing global challenges and building a more resilient and sustainable future.

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