28/05/2025

ESG WEDNESDAY | MAY 28, 2025

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DKSH unveils innovative sustainability initiatives

Cagamas reinforces commitment to green

home financing KUALA LUMPUR: Cagamas Holdings Bhd announced recently a robust financial performance at its 18th annual general meeting for 2024. This was amidst challenges in domestic market conditions and uncertainties in the global economy. The group recorded a pre-tax profit of RM477.7 million, continuing a positive financial trajectory since 2021 coupled with improvements across key financial indicators. The group’s Total Capital Ratio (TCR) rose to 50.5% from 43.1% in 2023, reinforcing its strong capital position and creditworthiness. Overall performance of the group was bolstered by better contributions from Cagamas Bhd (RM310.9 million), Cagamas MBS Bhd (RM118.2 million), and Cagamas SRP Bhd (RM48.6 million). The group continues to deliver its mandate which is to provide liquidity support to financial institutions. In 2024, RM13.0 billion of funding under its Purchase with Recourse (PWR) programme was provided to financial institutions, with RM3.5 billion being allocated to sustainable PWR assets. This is in line the group’s goal of having 10% of total assets classified as sustainable and green by 2030, in line with its Environmental, Social, and Governance (ESG) agenda. The group also maintained its significant position in the Malaysian capital markets, raising RM21.3 billion through bonds, sukuk, and money market instruments. Notable issuances included RM290 million in short-term Islamic debt securities with a social label and a RM50 million Social Repo Agreement aimed at financing Small and Medium Enterprises (SMEs). “As we build on the momentum of our five-year strategic plan which is to focus on strengthening profitability and expand product offerings, we continue to reinforce our role as a key funding intermediary for the housing sector. We are also committed to balancing growth with robust risk management and capital adequacy,” said group chairman Datuk Bakarudin Ishak. Cagamas continues to place priority in sustainable finance with the issuance of RM1.2 billion in green and sustainability-linked bonds and sukuk in 2024, responding to rising investor interest in ESG assets. The group continues to broaden access to sustainable, green, and affordable housing through innovative products such as reverse mortgages, SME-focused funding, and guarantees for energy-efficient retrofitting. Plans are also underway to introduce fixed-rate financing and develop national green housing standards in collaboration with industry stakeholders. To accelerate its ESG objectives, Cagamas is deepening its regional and global partnerships with financial institutions and supranational organisations. These efforts will support knowledge sharing and advocacy for the continued growth of Malaysia’s housing finance ecosystem. “As we move forward, we remain steadfast in our mission to embed ESG into every aspect of our operations while continuing to deliver value to stakeholders,” Bakarudin said.

o Processes designed to reduce environmental impact, enhance operational

DKSH’s dedication to sustainability. These initiatives underscore DKSH Malaysia’s steadfast commitment to building more sustainable value chains and achieving net-zero emissions. Aligned with DKSH’s long-term ambition to drive responsible growth and environmental stewardship, these efforts represent a holistic approach to sustainability - addressing environmental challenges while creating lasting value for our clients, communities, and the planet. “At DKSH, sustainability is not just a strategy; it is a way of doing business. By embracing innovative solutions like green logistics, reusable packaging, and renewable energy, we are paving the path to a future where innovation and environmental care go hand in hand,” said DKSH Malaysia healthcare vice president country leadership head Sandeep Tewari. DKSH Malaysia fast moving consumer goods vice-president Daniel Schwalb said: “Leading with sustainability means looking beyond the bottom line, it is about ensuring that every product we move and every action we take contributes to a healthier and more sustainable planet.” DKSH Malaysia supply chain management vice-presdient Joel Solomon said: Sustainability is the foundation upon which we build our future. These efforts demonstrate our dedication to setting supply chain benchmarks for sustainability within our industry, ensuring a brighter future for all.”

Equipped with dedicated cargo chambers and partitioned trolleys, the system maintains product integrity throughout transit. Expanding these green logistics efforts to the Business Unit Consumer Goods, DKSH has also introduced EVs into its fleet for last-mile delivery. By integrating EVs into its delivery network, DKSH has significantly reduced its reliance on fossil fuels in transportation, paving the way for a cleaner and more sustainable transportation model. These initiatives highlight DKSH’s commitment to driving innovation and sustainability in logistics, reinforcing its role as a leader in environmentally conscious market expansion services. As part of its commitment to enhancing sustainability in healthcare, single-use styrofoam packaging has been replaced with durable, reusable temperature-controlled boxes for transporting goods. This initiative reflects DKSH’s dedication to minimising packaging waste and fostering a more sustainable supply chain. On the energy front, solar panels have been installed at several facilities such as Shah Alam Distribution Centre, marking a major milestone in DKSH’s renewable energy journey. These panels not only reduce greenhouse gas emissions of our facilities by generating clean energy but also contribute to energy efficiency and cost savings, underscoring

efficiency and drive meaningful change

PETALING JAYA: DKSH Malaysia, a partner for businesses seeking growth in Asia and beyond, announced a series of latest and ongoing transformative sustainability initiatives designed to reduce environmental impact, enhance operational efficiency, and drive meaningful change. These efforts include sustainable logistics solutions, eco-friendly packaging, renewable energy integration, and the adoption of cutting edge technologies. DKSH Malaysia Healthcare has partnered with a logistics provider to implement an eco-friendly reverse logistics model. This initiative combines electric vehicles (EVs) with Malaysia’s Light Rail Transit network, repurposing the system’s underutilised capacity to enhance delivery efficiency while maintaining a controlled temperature for temperature sensitive products.

Rosen marks one million safe man-hours

Ű BY AIMIE SHAZRIE sunbiz@thesundaily.com

SHAH ALAM: Rosen Malaysia has crossed a safety milestone, recording more than one million man-hours without any recordable incident. Rosen Group Asia-Pacific business collaboration and resourcing management vice president Floris Verhagen said, for the group, 1 million safe hours is not just a number, it is a commitment. “It reflects months of continuous operations across high-risk projects, without a single incident. Every pipeline inspected, every site visited, and every decision made was driven by our commitment to safety. “The milestone was built on trust, discipline and a culture of care within the company,”he said at Rosen Group’s HSE Day celebration, recently. Beyond safety, he remarked that Rosen is on a broader commitment to environmental, social, and governance (ESG) principles. “We are looking to build on these results by expanding its use of sustainable technologies, cutting carbon emissions further, and strengthening ties with local communities.” The achievement was celebrated during its Health, Safety, and Environment Day 2025 (HSE Day 2025) at its Asia Pacific Headquarters in Glenmarie, Shah Alam. HSE Day 2025 was held in conjunction with the World Day for Safety and Health at Work, and also highlighted the company’s focus on innovation and risk reduction. Attendees were given a close look at Rosen’s latest inspection technologies, including hands-free tools and real-time safety systems aimed at reducing human exposure to hazardous environments.

Verhagen (fourth from right), Noor Alia (second from right) with the management team at the celebration held at Rosen’s Asia-Pacific headquarters in Glenmarie, Shah Alam.

“By collecting data, from shirts recycled to blood pints donated, we made sure our ESG efforts were not just symbolic but measurable. “Rosen Group, a global provider of asset integrity solutions, is committed to focus on protecting people, assets and the environment through technology-driven services,” she said. Since 2022, Rosen Group’s Malaysian operations have seen a 28% reduction in electricity consumption and a 29% cut in travel related emissions.

Industry stakeholders also participated in a live dialogue session, discussing safety leadership and the future of asset integrity in the region. The company set up recycling stations around the venue for fabric and electronic waste, and collaborated with the National Blood Centre for an on-site blood donation drive. Asia Pacific marketing and communication head Noor Alia Mohd Arif said the group wanted to ensure every part of the event created a positive impact.

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