SUSTAINABILITY REPORT Cont’d WASTE GRI 3-3, GRI 306-1, GRI 306-2, GRI 306-3, GRI 306-4, GRI 306-5 Why is this important? Globally, rapid urbanisation, population growth, and economic growth have led to constraints in solid waste management due to the waste generated from various sources, including households, construction, agriculture, healthcare, transportation, industrial, and mining activities. If these wastes are not managed effectively and diverted to landfills, they can pose negative effects on our ecosystem through chemical and heavy metal exposure, soil and water body contaminations, biological pathogen leakage, and odour pollution which may threaten human health, especially in the case of hazardous waste. It is therefore crucial for Press Metal to manage waste responsibly to minimise the impact on the environment and society. Our Approach Press Metal’s waste management approach is guided by our Environmental Mission Statement. Press Metal upholds a comprehensive waste management practice that encompasses several vital elements; centred around designing and managing products and processes that minimise waste volume, promote conservation, and recover waste resources. We strictly adhere to relevant waste-related legislation and promote safe methods of waste segregation and disposal. We prioritise ongoing active monitoring of waste management, establish baselines, and promote the 4Rs Approach (Reduce, Reuse, Recycle and Recover) throughout our production process. At Press Metal, we focus on driving effective waste management by implementing the 4Rs Approach: Reduce, Reuse, Recycle, and Recover. The 4Rs Approach emphasises reducing waste generation at source, re-using, recycling and recovering valuable by-products and processing our operational waste in a responsible manner from cradle-to-gate. Reduce Reuse Recycle Recover z Reduce the volume and toxicity of waste generated at source via improvement in manufacturing processes z Improve operational efficiency to minimise material wastage from production process z Reuse industrial by-products by repurposing the material z Repurpose waste by promoting and educating employees on the importance of the Go Green initiative z Recycle waste to recoup its material value z Remelt pre- and post-consumer scraps to produce aluminium products z Recover by-products to serve as material input z Upgrade of Carbon Dross Recovery Facility to improve internal recovery capacity z Full Recovery Plant to optimise the internal recovery efforts on aluminium dross To foster coordination and collaboration, we engaged with relevant stakeholders to seek their input and feedback during the development of our waste management policies and actions plans, further demonstrating our commitment to responsible waste management. Each of our manufacturing facilities has a site waste management system which encompasses the collection, transportation, treatment, and disposal of waste in compliance with waste-related regulations. Wastes that are not treated internally are collected by authorised and approved waste contractors for further processing. ANNUAL REPORT 2022 132
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