Sustainability

Sustainability is vital for the long-term growth of our Company, ensuring resilient financial growth and tangible value creation for our stakeholders.

While we are at the nascent stage of our sustainability journey, the concept of sustainability has always been at the heart of the organisation, where we balance between giving back to society and developing a profitable business.

To contribute to our sustainable development, we have taken a more comprehensive view towards sustainability by considering the Economic, Environmental and Social (EES) impacts to our business operations. Our aim is to minimise the negative impacts towards our operations to create sustainable value for the organisation, the planet and our stakeholders.

Our Board of Directors has oversight of the Group’s sustainability-related matters and drives the organisation’s sustainability strategy.

01

Board of Directors

Oversees and governs the Group’s sustainability agenda and strategy
Embeds ESG within the Group’s business strategy
Approves the Group’s ESG strategy

02

Audit & Risk Management Committee

Appraises the compliance of corporate governance on ESG matters
Evaluates overall ESG risks and opportunities

03

Group Managing Director

Approves targets and market disclosures
Develops ESG strategies and recommends appropriate revision to the Audit & Risk Management Committee and Board

04

Risk Management and Sustainability Working Group

Supports the Board, Audit & Risk Management Committee and Group Managing Director in the implementation of sustainability-related strategies
Oversees departments / functions in ensuring robustness of system in relation to ESG management
Reports on management targets
Develops plan and timeline for relevant disclosures

We are guided by these policies in our endeavour to achieve our sustainability aspirations:

ANTI-BRIBERY & ANTI-CORRUPTION POLICY

CODE OF CONDUCT AND ETHICS

WHISTLEBLOWING POLICY

We regularly engage with our stakeholders to identify and respond to their key concerns.

We have identified seven stakeholder groups whose actions and decisions could impact or be impacted by HPP Holdings’ business growth.

Refer to our Sustainability Statement in the Annual Report for more information on our Stakeholder Engagement.

Investors and Shareholders

Customers

Suppliers and Subcontractors

Community

Government and Regulators

Employees

Financial Institutions

The materiality of our sustainability matters are the assessments to portray the significance of each sustainability matter to our decision-making procedures and impact towards our business model.

The Materiality Matrix shows all the sustainability matters that our Group had identified and assessment conducted through our stakeholders.

We are committed to creating lasting value by managing our Economic, Environmental and Social (EES) priorities in a focused and structured manner. Our sustainability efforts are guided by the following focus areas:

ECONOMIC

Product Quality

Ensuring quality check procedures and standard operating procedures to prioritise product quality

Rate of Local Sources

Supporting local industries by ensuring 90% of the Group’s suppliers are locally sourced

ENVIRONMENTAL

Waste Management

Managing waste generated from printing and production activities effectively through recycling and regulatory compliance

Resource Optimisation

Ensuring effective management of electricity and water consumption

FSC® Certification

Contributing to forest conservation by having an FSC® Chain of Custody Management System Manual in place and engaging FSC® certified suppliers

SOCIAL

Reasonable Remuneration System

Ensuring fair remuneration and compensation to employees, in compliance with the national labour law

Employment Diversity and Equal Opportunity

Cultivating workplace diversity and providing equal opportunity for all employees to grow

Occupational Safety and Health

Advocating safe and healthy work environment through implementing robust initiatives, training and awareness