I am proud to share the remarkable strides Ancom Nylex Berhad has made in our sustainability journey over the past year. We started our ESG reporting with a basic framework, and in last year’s annual report, we significantly expanded our coverage of ESG matters.

This growth underscores our strengthened dedication to these initiatives. Our sustainability efforts have always been voluntary, exceeding Bursa’s basic reporting requirements. For us, embracing ESG is not merely about compliance; it is about creating long-term value for our stakeholders and safeguarding the well-being of future generations.

This year, many of us participated in our surveys and helped choose our new theme: “Embracing Chemicals for a Sustainable Tomorrow.” Chemicals are integral to our daily lives, and Ancom Nylex Group is dedicated to continuing our leadership in the chemical industry sustainably.

I am also thrilled to announce that we are in the midst of acquiring a clean energy company specialising in biogas, which will significantly reduce carbon emissions. Once this acquisition is complete, we anticipate ourselves to be carbon neutral, effectively absorbing more carbon than we emit.

In the coming years, we will introduce an enhanced ESG framework featuring engaging activities both within our workplace and the broader community. To achieve our ESG commitments, we will focus on several key areas: environmental sustainability, social impact, and governance excellence. We are committed to reducing our carbon footprint, promoting resource efficiency, and mitigating climate-related risks through the adoption of renewable energy sources and minimising waste generation while implementing sustainable supply chain practices.

Socially, we aim to foster an inclusive and diverse workplace culture that respects and empowers all employees. We will invest in education, health, and community development programs to create positive social impacts beyond our organisation. In terms of governance, we uphold the highest standards of corporate governance, integrity, and ethical conduct by enhancing transparency, accountability, and risk management practices.

Last but not least, I would like to extend my heartfelt thanks to the ESG Committee members for their unwavering dedication and hard work. I would like to stress again that as we advance our ESG efforts, our focus extends beyond mere regulatory compliance. It reflects our corporate responsibility and unwavering commitment to fostering a more sustainable future for both current and future generations.

Thank you for your continued support.

Datuk Lee Cheun Wei
Managing Director/Group CEO