Tex Cycle Technology (M) Bhd 2019 AR2
The report highlights Tex Cycle Technology (M) Berhad's financial and sustainability performance for the fiscal year 2019. The company expanded its operations by treating 31 types of scheduled waste codes and growing its customer base to over 57,000 registered customers. Key initiatives included the installation of a Solar Net Energy Metering system with over 900 panels, achieving approximately 40% in annual electricity cost savings. Additionally, the company embarked on a joint venture in the United Kingdom to promote waste-to-energy solutions and introduced the Employees' Share Scheme to reward and motivate its workforce.
Company: Tex Cycle Technology (M) Bhd
Sector: Industrials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 163
Tex Cycle Technology (M) Bhd
Annual Report
The report highlights Tex Cycle Technology (M) Berhad's financial and sustainability performance for the fiscal year 2019. The company expanded its operations by treating 31 types of scheduled waste codes and growing its customer base to over 57,000 registered customers. Key initiatives included the installation of a Solar Net Energy Metering system with over 900 panels, achieving approximately 40% in annual electricity cost savings. Additionally, the company embarked on a joint venture in the United Kingdom to promote waste-to-energy solutions and introduced the Employees' Share Scheme to reward and motivate its workforce.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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 in Management