Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 92 93 Integrated Annual Report 2023 SUSTAINABILITY ASPIRATION • Published inaugural Sustainability Statement in line with Bursa Malaysia Sustainability Reporting Guide. 2016 2017 • Adopted and aligned with UN SDGs. • Established sustainability targets to drive our sustainability performance. • Introduced Group-wide sustainability related policies, including the Environmental Policy, Environmental Mission Statement and Occupational Health & Safety Policy. • Implemented our Anti-Bribery & Anti-Corruption Policy. • Enhanced our sustainability governance structure. • Conducted a lifecycle analysis for our products. • Joined the ASI as a Production & Transformation member. • Established our Carbon Neutral Policy and set GHG Reduction Targets. 2020 • Aligned our disclosures with the TCFD recommendations and the SASB Framework. • Joined the UNGC and declared our support for the British Malaysian Chamber of Commerce’s Climate Action Pledge. • Published an Environmental Product Declaration. • Received an upgraded MSCI ESG Rating of “BBB”. 2018 2019 2021 • Achieve carbon neutrality. Sustainability Aspiration 2022 • Obtained the ASI Performance Standard V2 (2017) certification for PMBtu and PMI (on a provisional basis). • Included as a constituent of the FTSE4Good Bursa Malaysia Index. • Obtained the SCS Global Recycling Content Certification (80% and 100% Recycled Content). • Further enhanced our sustainability governance structure. • Received accolades at The Edge ESG Awards. 2023 • Achieved 5% and 10% reduction targets for water withdrawal intensity from our 2016 baseline. • Achieved 30% representation of women in managerial roles. • Obtained ASI Performance Standard V3 (2022) certificates for PMBtu and PMS, and ASI Performance Standard V2 (2017) certificate for PMI. • Received an upgraded MSCI ESG Rating of “A”. • Became a TCFD Supporter. • Received accolades at The Edge ESG Awards in the categories of Industrial Products and Services, and Green Transition. • Introduced our Responsible Sourcing Policy and Energy Management Policy. • Introduced Succession Planning Framework. • Reduce our LTIFR to below 2.5. 2024 2025 • Reduce our Scope 1 and Scope 2 GHG emissions intensity by 15% from our 2020 baseline. • Achieve a 95% waste diversion rate. 2026 2030 • Reduce our Scope 1 and Scope 2 GHG emissions intensity by 30% from our 2020 baseline. • Reduce our water withdrawal intensity by 10% from our 2016 baseline. • Achieve zero (0) landfill waste. 2050
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