Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2022 26 SUSTAINABILITY REPORT (CONT’D) We recognise the opportunity to transform and mitigate carbon emissions and adopt sustainable energy. To that end, we have invested and transited to lower greenhouse gas designs for our production and operations with renewable energy and related systems and from 2018 to 2022 we have adopted for the equivalent of 2,277,595 KW of electricity using solar energy for our operations resulting in an accumulated savings of 307,623 tons of DI-Water recycling and an accumulated savings of 381,196 kg of waste recycling. In addition, the committee evaluated and identified risks and opportunities related to the environment including climate change following the various references and standards including climate-related financial disclosures recommendations, and discussed the direction of the Group’s environmental initiatives, such as waste recovery and recycling based on these standards and efforts toward a circular economy. We published a separate report on this Climate Change Challenges, which is available on our website. The Group has continuously explored different ways to grow our business while undertaking challenges associated with the reduction of greenhouse gas emissions and improving our positive impact towards the environment and society. Through the development of our technology, products and services that contribute to environmental protection and energy conservation and the mitigation of global warming, we aim to reduce the world’s greenhouse gas emissions while further developing our businesses. We will focus on disclosing environmental, social and governance (“ESG”) information, including climate change and pollution control. In FY2022, we continue to strengthen the Group’s commitments to various aspects of sustainability development, especially on the governance, health and safety of our employees, environmental sustainability and emissions and climate changes and pollution control and sustainable supply chain. Our sustainability report covers our accomplishments in FY2022 during which time we took important steps to strengthen and integrate our sustainability vision, which is key to the long-term sustainable growth, development, and profitability of the Group. We have dedicated additional resources to fully control, digitise and integrate our sustainability initiatives. These initiatives are aimed to recognise opportunities for profitability, continuous improvement, build enterprise value, preserves business integrity, and protects our reputation. At the Group level, we continuously develop advanced technology to help our customers create sustainable products and services that make their critical parts last longer, perform better and recyclable in their critical processes. In short, we research, develop and build unique advanced technology and capabilities to support and extend the critical processes for our customers’ businesses. Our technology helps customers to (a) PROTECT the surfaces of their critical parts used in everyday production; (b) PRESERVE their critical parts materials, so that they last longer in everyday production; (c) PROVIDE for a sustainable future via recycling, repairing, re-engineering, refurbishment and re-coating, etc.
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