KNM Group Bhd 2020 AR2
The report highlights KNM Group Berhad's performance and sustainability initiatives for the financial year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a profit after tax of RM56.57 million, its highest since 2012, driven by cost-streamlining and rightsizing. KNM Group is transitioning toward green energy, aiming to increase its revenue mix from renewable energy to 50% in the long term. Key environmental achievements include a 6% reduction in electricity consumption in Europe and a 78% recycling rate of solid waste. The company also implemented a new Anti-Bribery and Corruption policy and recorded 10,739 employee training hours.
Company: KNM Group Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: AR2
Pages: 184
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KNM Group Bhd
Annual Report
The report highlights KNM Group Berhad's performance and sustainability initiatives for the financial year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a profit after tax of RM56.57 million, its highest since 2012, driven by cost-streamlining and rightsizing. KNM Group is transitioning toward green energy, aiming to increase its revenue mix from renewable energy to 50% in the long term. Key environmental achievements include a 6% reduction in electricity consumption in Europe and a 78% recycling rate of solid waste. The company also implemented a new Anti-Bribery and Corruption policy and recorded 10,739 employee training hours.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 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
Total Waste
Women on Board
Employees