Metech International Ltd 2020 AR2
The report outlines Metech International Limited's transition to an asset-light and service-focused business model following the restructuring of its recycling business into consulting and management services. During the fiscal year 2020, the company reduced its metal trading activities due to global trade uncertainties and experienced delays in its agritech supply-chain services due to pandemic-related travel restrictions. In sustainability, the company aligned its initiatives with the UN Sustainable Development Goals and the UN Global Compact, focusing on climate action and life on land. Additionally, the company successfully completed the full redemption of its MRS-Bonds and incorporated a new joint venture, Asian Agritech Pte. Ltd., to expand its circular economy services.
Company: Metech International Ltd
Sector: Business support services
Country: Singapore
Year: 2020
Type: AR2
Pages: 162
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Metech International Ltd
Annual Report
The report outlines Metech International Limited's transition to an asset-light and service-focused business model following the restructuring of its recycling business into consulting and management services. During the fiscal year 2020, the company reduced its metal trading activities due to global trade uncertainties and experienced delays in its agritech supply-chain services due to pandemic-related travel restrictions. In sustainability, the company aligned its initiatives with the UN Sustainable Development Goals and the UN Global Compact, focusing on climate action and life on land. Additionally, the company successfully completed the full redemption of its MRS-Bonds and incorporated a new joint venture, Asian Agritech Pte. Ltd., to expand its circular economy services.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
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
No data available