Avarga Ltd 2023 AR2
The report highlights Avarga Limited's sustainability performance and initiatives for the fiscal year 2023. The company restructured its paper manufacturing business in Malaysia to mitigate losses amidst intense competition, and managed challenges in its power generation business in Myanmar due to gas supply disruptions. Its building materials distribution subsidiary, Taiga, maintained stable volume sales despite declining commodity prices. Avarga continues to focus on environmental stewardship, conserving over 617,000 trees through recycled paper production, and actively supports local communities through various corporate social responsibility programs in Myanmar, Malaysia, Singapore, and Canada.
Company: Avarga Ltd
Sector: Manufacturing
Country: Singapore
Year: 2023
Type: AR2
Pages: 196
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Avarga Ltd
Annual Report
The report highlights Avarga Limited's sustainability performance and initiatives for the fiscal year 2023. The company restructured its paper manufacturing business in Malaysia to mitigate losses amidst intense competition, and managed challenges in its power generation business in Myanmar due to gas supply disruptions. Its building materials distribution subsidiary, Taiga, maintained stable volume sales despite declining commodity prices. Avarga continues to focus on environmental stewardship, conserving over 617,000 trees through recycled paper production, and actively supports local communities through various corporate social responsibility programs in Myanmar, Malaysia, Singapore, and Canada.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees