Sustainability
Our Policies
Sustainability Statement
Sustainability is at the heart of everything we do. We are dedicated to creating lasting value for our stakeholders while preserving the environment and enriching the communities we serve. Through innovation, responsible business practices, and a deep commitment to the United Nations Sustainable Development Goals (SDGs), we are shaping a future where economic growth, social responsibility, and environmental stewardship go hand-in-hand. We believe in building not just for today, but for generations to come-partnering with our people, our communities, and the planet to create a resilient, eco-efficient, and inclusive world. Our journey towards sustainability is driven by action, progress, and a vision of shared prosperity for all.
Stakeholder Engagement
At Protasco Berhad, we recognise that our success is deeply connected to the needs and expectations of our diverse stakeholders. We have identified key groups whose insights and priorities help shape our business approach:
Employees
Our employees are our greatest asset and the driving force behind our success. We are dedicated to creating a supportive and inclusive workplace where every team member can thrive. Through ongoing professional development, recognition, and a commitment to work-life balance, we empower our employees to achieve their full potential.
Shareholders & Investors
Protasco Berhad’s strong financial performance reflects our commitment to creating value for our shareholders. We are proud of our consistent growth, driven by strategic investments and a commitment to sustainable business practices. Stay updated with our financial results by exploring our latest annual and quarterly reports.
Suppliers & Contractors
We value our suppliers and contractors as essential partners in our success. We are committed to fostering strong, transparent relationships built on trust, mutual respect, and shared goals. By adhering to the highest standards of quality and ethical practices, we work together to drive innovation and achieve excellence in every project. Our collaborative approach ensures that we deliver superior results while supporting a sustainable and responsible supply chain.
Business Partners
At Protasco Berhad, collaboration is at the heart of what we do. Our business partnerships are founded on trust, aligned values, and a shared commitment to long-term success. Working alongside our partners, we foster innovation and drive sustainable growth, creating mutually beneficial opportunities that support all stakeholders. Sustainability is a collective responsibility, and we work with partners who are equally dedicated to sustainable practices. Together, we lead joint ESG initiatives that enhance environmental stewardship, create positive social impact, and deliver long-term value for everyone involved.
Financial Institutions
At Protasco Berhad, we integrate ESG factors into our financial strategies, ensuring that we meet the expectations of responsible investors. By partnering with financial institutions that share our commitment to sustainability, we ensure that all financing decisions align with global best practices and contribute to positive social and environmental outcomes
Government & Authorities
We take pride in maintaining full compliance with all regulatory requirements, ensuring that our operations meet the highest legal and ethical standards. Protasco Berhad is committed to transparent, responsible governance in all interactions with government bodies and authorities.
Customers
We are dedicated to delivering exceptional value and building strong relationships by upholding the highest standards of service and support. Through our commitment to innovation and sustainability, we ensure that our impact is both meaningful and enduring.
Community
We are dedicated to making a positive difference in the communities we serve, demonstrating our strong commitment to social responsibility and active community engagement
Their needs are our priority, and we’re committed to ongoing dialogue and engagement to ensure we meet these expectations while driving sustainable and responsible growth.
To follow up on our activities and events with our stakeholders, please visit our Newsletter at https://protascoactive.com.my/
MATERIALITY MATTERS
At Protasco Berhad, we approach materiality as a process where each Business Unit (BU) identifies and prioritises issues relevant to their sector and operations. By focusing on the issues that are most significant to our stakeholders and business operations, we can direct our efforts towards areas that drive sustainable growth and deliver meaningful impact.
Materiality Assessment Process
Our materiality assessment process involves engaging with stakeholders, conducting surveys, and evaluating both internal and external factors. We follow a structured approach using the Sustainability Toolkit: Materiality Assessment issued by Bursa Malaysia to identify and prioritise the most relevant issues. This process is regularly reviewed and updated to ensure it reflects evolving needs and priorities.
Note:
Dear valued stakeholders, please note that in addition to following guidelines from Bursa Malaysia, our materiality assessment is aligned with leading sustainability standards and frameworks, including GRI, SASB, and TCFD. This alignment ensures that our approach is thorough, credible, and adheres to the highest reporting standards.
Key Material Issues
Through our materiality assessment, we have identified and prioritised key issues such as environmental impact, social responsibility, and governance. These priorities are determined based on their significance to stakeholders across all Business Units (BUs) within the Group and their potential impact on business operations.
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The following is a list of materiality matters identified for the Group, taking into account all its Business Units.
KEY PERFORMANCE INDICATORS
We convert our material issues into targeted strategic actions and initiatives to address each priority area effectively. To demonstrate our commitment, we measure impact by tracking progress through key performance indicators and regular reporting. This approach ensures that the efforts of all our Business Units (BUs) result in tangible, positive outcomes.
2024 KPI2023 KPIESG RISK & OPPORTUNITIES
We recognise ESG risks and opportunities as key environmental, social, and governance factors that influence our business operations and long-term sustainability. By understanding and addressing these factors from the perspective of our stakeholders, we ensure our strategies are aligned with evolving market expectations and regulatory requirements. The Group closely monitor the effectiveness of each Business Unit’s ESG risk management and opportunity strategies through performance tracking and regular reporting. Our transparent reporting mechanisms.
The Group closely monitor the effectiveness of each Business Unit’s ESG risk management and opportunity strategies through performance tracking and regular reporting. Our transparent reporting mechanisms.
Identification of ESG Risks and Mitigation Strategies
Upon identifying our materiality issues, each Business Unit (BU) conducts comprehensive risk assessments and engages in stakeholder consultations to ensure all relevant ESG risks are identified. Our robust risk management framework is designed to effectively address and mitigate these risks. Each BU implements action plans that include targeted initiatives, policy adjustments, and operational changes to minimise the impact of these risks on our business operations.
Opportunities from ESG Factors
ESG factors offer significant opportunities for Protasco Berhad, such as market growth, cost efficiency, and enhanced reputation. We are committed to identifying and leveraging these opportunities to drive innovation, strengthen our competitive advantage, and create long-term value for all stakeholders.