Evergreen Fibreboard Bhd 2023 AR2
The report highlights Evergreen Fibreboard Berhad's sustainability performance and financial results for the fiscal year 2023. The company faced significant economic challenges, including a 20.1% reduction in revenue to RM881 million and a consolidated loss after tax of RM37 million, primarily driven by rising energy and raw material costs in Malaysia. To mitigate these impacts, the company focused on relocating its medium-density fibreboard production line to Indonesia and expanding its solar and biomass energy generation. On the social front, the company achieved a 100% completion rate for employee anti-corruption training and maintained zero substantiated human rights complaints. Additionally, the company made progress in its climate commitments, aiming for carbon neutrality by 2030 and net-zero emissions by 2050.
Company: Evergreen Fibreboard Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2023
Type: AR2
Pages: 166
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Evergreen Fibreboard Bhd
Annual Report
The report highlights Evergreen Fibreboard Berhad's sustainability performance and financial results for the fiscal year 2023. The company faced significant economic challenges, including a 20.1% reduction in revenue to RM881 million and a consolidated loss after tax of RM37 million, primarily driven by rising energy and raw material costs in Malaysia. To mitigate these impacts, the company focused on relocating its medium-density fibreboard production line to Indonesia and expanding its solar and biomass energy generation. On the social front, the company achieved a 100% completion rate for employee anti-corruption training and maintained zero substantiated human rights complaints. Additionally, the company made progress in its climate commitments, aiming for carbon neutrality by 2030 and net-zero emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 26, 2024
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
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees