Wang-Zheng Bhd 2023 AR2
The report highlights Wang-Zheng Berhad's financial and sustainability performance for the fiscal year 2023. The company achieved a revenue of RM282.4 million, driven by its processed paper products segment. In 2023, Wang-Zheng invested in a solar energy project to reduce electricity costs and carbon emissions starting in 2024. The company also initiated the establishment of a Long-Term Incentive Plan (LTIP) to align employee interests with corporate goals. On the environmental front, Wang-Zheng reduced its electricity consumption by 1% and water consumption by 2% compared to 2022.
Company: Wang-Zheng Bhd
Sector: Materials
Country: Malaysia
Year: 2023
Type: AR2
Pages: 198
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Wang-Zheng Bhd
Annual Report
The report highlights Wang-Zheng Berhad's financial and sustainability performance for the fiscal year 2023. The company achieved a revenue of RM282.4 million, driven by its processed paper products segment. In 2023, Wang-Zheng invested in a solar energy project to reduce electricity costs and carbon emissions starting in 2024. The company also initiated the establishment of a Long-Term Incentive Plan (LTIP) to align employee interests with corporate goals. On the environmental front, Wang-Zheng reduced its electricity consumption by 1% and water consumption by 2% compared to 2022.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
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
Net Zero Target
Employees