Shaping A Sustainable Future

Our Sustainability Framework

Our Materiality Assessment

Our materiality assessment is guided by the Bursa Malaysia’s Sustainability Reporting Guide (2^nd Edition), GRI Framework, <IR> Framework and SASB materiality map. We assess materiality based on two dimensions: a) The impact to Salcon and b) The importance to key stakeholders.

Our Materiality Matrix

Our Sustainability Initiatives

Human Capital Development
At Salcon, we strive to provide a positive working environment for our employees by creating opportunities for growth and development and encouraging work-life balance via talent development, embracing diversity and respect for human rights.

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Enriching Communities
As part of the company’s strategy in community investment, we focus on the education of our younger generation and the upliftment of vulnerable groups.

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Quality, Safety & Health, Environment
Salcon is committed to embed the highest standard of quality, health & safety and environment into its business to ensure the operational activities are not having any harmful impact on its stakeholders.

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Climate Change
Climate change & pollution are not only an environmental problem, but also a fundamental economic and social issue posing various risks to businesses.

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OUR Global benchmarking

Over the year, we prudently manage the impact of our business and strive to adopt best sustainability practices by measuring our performance against global benchmarking index guidelines such as FTSE4Good Bursa Malaysia Index, Global Reporting Initiative (GR) Standards and AA1000 Stakeholder Engagement Standards. Besides that, we align our sustainability initiatives with the UNGC 10 principles to increase value for ourselves and our stakeholders.

FTSE4Good

FTSE4Good is a responsible investment index designed to help investors identify companies that meet globally recognised corporate responsibility standards. These indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

Salcon is proud to be the constituent of the FTSE4Good Bursa Malaysia Index awarded by FTSE Russell for consecutive 8 years since 2015. We have been independently assessed by the FTSE Russell and successfully met stringent environmental, social and governance (ESG) standards and are positioned to capitalise on the benefits of responsible business practice.

Salcon is honoured for this achievement which reflects our diligence in adhering to good ESG practises throughout the years.

For more information about FTSE4Good,
visit http://ftserussell.com.

United Nations Global Compact (UNGC)

Our SDG Prioritisation

The member states of the United Nations have adopted 17 Sustainable Development Goals (SDGs) to be accomplished by 2030 in relation to the issues needing to be addressed on a global scale. Salcon supports the SDGs by upholding recognized standards and principles on human rights, labour, the environment and anti-corruption. In assessing and prioritizing our contribution to the SDG goals through the principled prioritization process, the following is taken into consideration:

A. Risks to people and the environment:

The contribution we can make to achieving the SDGs by meeting our responsibility to address potential and actual negative impacts to people and the environment that are linked to our operations and value hains;

B. Beneficial SDG-related products, services and investments:

The additional contribution that companies can make to achieving the SDGs by applying their knowledge, skills and other capabilities to benefit people and the environment.

Based on the above, Salcon has identified 11 SDGs which are in alignment with our business strategy, business operations and our material issues.