Kossan Rubber Industries Bhd 2023 IR

The report highlights Kossan Rubber Industries Bhd.'s financial and non-financial performance for the fiscal year 2023, emphasizing its commitment to sustainable value creation. Despite macroeconomic challenges and oversupply in the glove industry leading to a revenue decline to RM1.59 billion, the company advanced its ESG initiatives, including rolling out the Greening Value Chain (GVC) programme to assist SME suppliers in carbon accounting. Kossan achieved an 11% reduction in its Gloves Division's Scope 1 and 2 emissions intensity and increased its total solar capacity to 4.3MWp. Additionally, the company maintained zero workplace fatalities and achieved 100% WRAP Gold certification across all its glove factories.

Company: Kossan Rubber Industries Bhd

Sector: Health Care

Country: Malaysia

Year: 2023

Type: IR

Pages: 130

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Kossan Rubber Industries Bhd

Kossan Rubber Industries Bhd 2023 Integrated Annual Report

Integrated Annual Report

The report highlights Kossan Rubber Industries Bhd.'s financial and non-financial performance for the fiscal year 2023, emphasizing its commitment to sustainable value creation. Despite macroeconomic challenges and oversupply in the glove industry leading to a revenue decline to RM1.59 billion, the company advanced its ESG initiatives, including rolling out the Greening Value Chain (GVC) programme to assist SME suppliers in carbon accounting. Kossan achieved an 11% reduction in its Gloves Division's Scope 1 and 2 emissions intensity and increased its total solar capacity to 4.3MWp. Additionally, the company maintained zero workplace fatalities and achieved 100% WRAP Gold certification across all its glove factories.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

May 30, 2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees