Ancom Nylex Bhd 2020 AR2
The report highlights Ancom Berhad's performance and sustainability initiatives for the fiscal year 2020. During the year, the company faced challenges from the COVID-19 pandemic and extreme weather, resulting in a revenue decline to RM1.47 billion. To mitigate these impacts, Ancom implemented cost-control measures, including salary cuts for directors and staff, while avoiding employee dismissals. The company also initiated an Anti-Bribery and Anti-Corruption Policy and established a whistle-blowing channel to promote ethical business conduct. Additionally, Ancom continued its commitment to environmental protection through green procurement guidelines and waste management practices.
Company: Ancom Nylex Bhd
Sector: Materials
Country: Malaysia
Year: 2020
Type: AR2
Pages: 172
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Ancom Nylex Bhd
Annual Report
The report highlights Ancom Berhad's performance and sustainability initiatives for the fiscal year 2020. During the year, the company faced challenges from the COVID-19 pandemic and extreme weather, resulting in a revenue decline to RM1.47 billion. To mitigate these impacts, Ancom implemented cost-control measures, including salary cuts for directors and staff, while avoiding employee dismissals. The company also initiated an Anti-Bribery and Anti-Corruption Policy and established a whistle-blowing channel to promote ethical business conduct. Additionally, Ancom continued its commitment to environmental protection through green procurement guidelines and waste management practices.
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Document Details
Report Year
2020
Reporting Period
Jun 1, 2019 - May 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available