Tat Seng Packaging : Sustainability Report 2022

SECTION 1: FY2022 OVERVIEW

OUR VISION

2

OUR MISSION

2

ABOUT TAT SENG PACKAGING GROUP LTD

2

VALUES AND CODE OF ETHICS

4

MEMBERSHIP IN ASSOCIATIONS AND EXTERNAL INITIATIVES

4

ABOUT THIS REPORT

5

SCOPE OF THE REPORT

5

REPORTING FRAMEWORK

5

PUBLICATION DATE

6

RESTATEMENTS OF INFORMATION

6

ASSURANCE

6

FEEDBACK

6

MESSAGE FROM THE BOARD

7

LOOKING FORWARD TO FY2023

8

SECTION 2: CLIMATE AND SUSTAINABLE GOVERNANCE

TOWARDS SUSTAINABLE BUSINESS

9

GOVERNANCE STRUCTURE

9

Board Composition

9

SUSTAINABILITY GOVERNANCE STRUCTURE

10

Independence of the Board

11

Nomination of the Board

11

Evaluation of the Board

12

Remuneration of Board Members

12

Strategy, Policies and Practices

12

SUSTAINABILITY RISK AND OPPORTUNITY MANAGEMENT

15

MATERIALITY ASSESSMENT

16

STAKEHOLDER ENGAGEMENT

16

PROCESS OF IDENTIFYING MATERIAL TOPICS

18

MATERIAL TOPICS AND MANAGEMENT

19

SECTION 3: MATERIAL TOPICS

SECURING RESPONSIBLE BUSINESS PRACTICES

22

ECONOMIC PERFORMANCE

22

ANTI-CORRUPTION AND ANTI-BRIBERY

23

BETTERING THE PLANET

25

SUSTAINABLE SUPPLY CHAIN

25

ENERGY

27

EMISSIONS

28

WATER AND EFFLUENTS

29

WASTE

30

THRIVING PEOPLE AND COMMUNITIES

31

EMPLOYMENT

31

OCCUPATIONAL HEALTH AND SAFETY

34

TRAINING AND EDUCATION

36

GRI CONTENT INDEX

38

TAT SENG PACKAGING GROUP LTD

2

SUSTAINABILITY REPORT 2022

TAT SENG PACKAGING GROUP LTD

4

SUSTAINABILITY REPORT 2022

PEOPLE

EXCELLENCE

INTEGRITY

QUALITY

RELATIONSHIPS

DRIVE

CUSTOMER

INTERNATIONAL

Adopting a

We live and breathe the

SATISFACTION

STANDARDS

human-centric approach,

philosophy that people

We are committed to

Our manufacturing

we believe in building the

matter and results count.

providing high quality

operations are driven by

best teams and we actively

That is why we work with

products which we stand

international standards

invest in our relationships

our teams to get to the

behind, which ensures

such as ISO 9001 Quality

with our employees,

heart of individual business

customer satisfaction.

Management System and

partners, and clients alike.

objectives and develop the

ISO 14001 Environmental

most adapted solution.

Management System.

CONTINUOUS

SAFETY

FOREST STEWARDSHIP

INNOVATION

We strive to provide a

COUNCIL CHAIN OF

CUSTODY

We engage, collaborate

work environment which

and share ideas locally

reduces risk to our

We are steadfast in abiding

and globally for process

employees.

by the Forest Stewardship

improvement and

Council's Chain of Custody

cost-effective solutions.

to ensure ethical and legal

forestry operations and

ethical and legal sourcing of

wood or forest products.