E S G
We have created an environmental, social, and governance (ESG) policy that specifies our company's ESG-related duties, in addition to compliance with environmental laws and regulations: -
1. Our risk governing and monitoring in relation to ESG issues.
2. Procedures for establishing the ESG strategies.3. The determination of key performance indicators ("KPI") and pertinent metrics.
Environmental
To
make the most of our abilities, knowledge, and resources in order to assess and
determine on the risks, practices, adoption of new technology, and set KPIs
based on the following factors: site selection, environmental impact
assessment, emission control, and wastewater control.
To be dedicated in fostering a compliance culture among all of our employees, wherein such a culture is integrated into daily operations, strong guidelines are established for responsible personal conduct throughout the company, and these guidelines are maintained through frequent internal compliance checks and inspections.
Social
To actively contribute to society by promoting sustainable resource recovery, environmental stewardship, and the responsible management of petroleum-derived materials through collaboration with relevant government agencies, industry partners, and educational institutions.
To provide a safe, secure, and healthy working environment for all employees by fostering a strong culture of occupational health, safety, and environmental responsibility.
To ensure all employees are equipped with appropriate Personal Protective Equipment (PPE), while maintaining all facilities, machinery, and equipment through regular inspection, testing, and preventive maintenance.
To provide comprehensive operational procedures and continuous training to enhance employees' knowledge of workplace health, safety, environmental protection, and regulatory compliance.
Governance
To
improve the performance and accountability of the company in order to increase
long-term shareholder value.
To
implement good practice of the ethical standards advised by the Malaysia
Corporate Governance Code.
To ensure that strong internal control mechanisms are in place to mitigate non-compliances.
Corporate Social Responsibility
At MALACHA, our commitment to environmental sustainability is at the core of our business. Through responsible petroleum resource recovery, advanced refining technologies, and efficient operational practices, we strive to minimize environmental impact while delivering reliable, high-quality solutions to our customers. We continuously improve the efficiency of our technologies to provide cost-effective, sustainable products and services that create long-term value.
Recognizing our corporate social responsibility, we actively contribute to society and the communities in which we operate through responsible business practices, environmental stewardship, and meaningful stakeholder engagement. At the same time, we remain committed to achieving sustainable business growth while creating lasting value for our shareholders, customers, employees, and business partners.
Environmental Responsibility
Environmental responsibility initiatives aim to reduce pollution and greenhouse gas emissions and the sustainable use of natural resources.
Human Rights Responsibility
Human rights responsibility initiatives involve in providing fair labor practices such as fair payment and gender equity, fair trade practices, no child labor and forced labor, no discrimination and bullying.
Philanthropic Responsibility
Philanthropic responsibility initiatives include things like funding education programs, supporting health initiatives, donating to charity organizations and supporting community beautification projects.
Economic Responsibility
Economic responsibility initiatives consist of improving the company's business operation while participating in sustainable practices such as using new manufacturing process to minimize wastage.
