Our Group is in the process of adopting sustainable practices in response to the environmental issues. We intend to install a solar PV system under the Selco programme. The consideration of different primary energy sources is important from the perspective of end-to-end cost of power generation, sustainability of supply and impact on the environment.
Rooftop Solar Photovoltaic System
We intend to install a solar photovoltaic (“PV”) system with an installed capacity of 475.2 kilowatt-peak on the roof of our operational facility in Shah Alam, Selangor under the self-consumption (“Selco”) programme, where the power generated by the system is only for our use and any excess will not be exported to the grid.
Consuming power generated by the solar PV system will reduce the amount of power that we have to purchase from external parties, thereby reducing our utility costs. The average utility cost savings of the planned solar PV system is projected at approximately RM0.28 million per year. The life span of the solar PV system is approximately 25 years, and we expect to benefit from reduced utility costs during this period. Furthermore, the solar PV system will help to reduce our carbon footprint.
Unique5112
In 2021, our Group started to market FK5112 fire suppression system which is in line with the purpose of the United Nations agreement ratified by Malaysia to phase out the use of HFC fire suppression system as FK5112 does not contribute towards global warming. This is in keeping with the Government’s commitment to phase out the use of HFC progressively and for HFC usage to be reduced by 80% by 2045 with usage frozen at a baseline as of 1 January 2024.
We have obtained FM Approvals certification and Bomba certification for our Unique5112 fire suppression systems. Recently, we obtained SGP certification for our Unique5112 and can now be supplied for installation at TNB facilities.
Our Group is committed to serve the interests of stakeholders which includes our employees by promoting gender and cultural diversity in our workplace. We embrace diverse cultures and genders among the Board members and employees.
Further, our Group has taken various corporate social responsibility initiatives to serve the needs of the community. In heightening the public awareness on the fire safety, we had in 2019, hosted an educational field trip for UiTM Johor (Segamat branch) students, conducted Unique227 Fire Suppression Systems product training for members of TNBR QATS Sdn Bhd and donated fire extinguishers to Ti-Ratana Welfare Society.
Being a manufacturer and assembler of products relating to public safety, our Group upholds the importance of product and/or service quality. As such, our Quality Assurance and Quality Control Department (“QAQC”) upholds the responsibility to monitor the product quality continuously. Most of our products are of international standard, with ISO certifications and/or SIRIM certified.
Our Group is committed to conduct our business ethically and in compliance with all relevant laws and regulations. In maintaining high standards of corporate governance, our Board has adopted the recommendations under the Malaysian Code on Corporate Governance.
In addition, our Group adopted a zero-tolerance policy towards bribery, and as such have put in place the policies and procedures to ensure strict compliance with the Malaysian Anti-Corruption Commission Act 2009 and its amendments. In relation to the Group’s risk management, our Group has put in place a Risk Management and Internal Control Framework to monitor closely on the risk associated with the company objectives.