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ANCOM Nylex Berhad Unveils Enhanced ESG Framework: Paving the Way for a Sustainable Future

PETALING JAYA: Ancom Nylex Berhad (“ANB”) has taken a significant step towards environmental stewardship and corporate responsibility by relaunching its enhanced Environmental, Social, and Governance (“ESG”) framework. Marking World Environmental Day, this grand event underscores ANB’s commitment to decarbonizing its operations and achieving carbon neutrality by 2027. Central to this initiative is ANB’s new Corporate Sustainable Purpose: “Embracing Chemicals for a Sustainable Tomorrow.”

The relaunch of Ancom Nylex Berhad’s enhanced ESG framework to introduce its new Corporate Sustainable Purpose: “Embracing Chemicals for a Sustainable Tomorrow.”

This new purpose emphasizes the responsible development and use of chemicals, ensuring safety for both people and the environment. ANB aims to contribute to a healthier planet for future generations through several key strategies.

Firstly, ANB is pioneering methods to produce goods using less energy and generating less waste. This involves adopting renewable resources and recycling materials, reducing environmental impact while enhancing operational efficiency. Additionally, ANB is committed to minimizing pollution from its chemical production processes by capturing emissions before they can pollute the air and treating waste to prevent toxicity, thereby protecting natural ecosystems and public health.

The relaunch event was a significant gathering attended by the CEOs of Ancom Nylex Berhad and its subsidiaries. During the meeting, ANB Group CEO Lee Chuen Wei emphasized the importance of the new ESG framework in driving the company’s sustainability goals.

Mr. Lee stated, “This enhanced framework is not just a corporate obligation but a moral imperative to connect with people and raise awareness about the vital aspects of ESG. Relaunching our ESG framework on World Environmental Day underscores our commitment to decarbonizing operations and achieving carbon neutrality by 2027. The acquisition of Green Lagoon Technology, a biogas company that absorbs significant bio-methane gas or CO2e, positions the Group as effectively carbon neutral. Chemicals are essential in our daily lives, and ANB is dedicated to creating sustainable value in the chemical-related business, engaging both workplace and community in our enhanced ESG framework.”

The strategic relaunch of ANB’s ESG framework aligns with global efforts to combat climate change and promote sustainable development. By embracing these initiatives, ANB is positioning itself at the forefront of the industry, advocating for a future where economic growth and environmental preservation go hand in hand.

The enhanced ESG framework and the new Corporate Sustainable Purpose are set to propel ANB towards its ambitious goal of carbon neutrality by 2027. Through continuous innovation and commitment to green practices, ANB is not only improving its environmental footprint but also setting a benchmark for others in the pursuit of a sustainable tomorrow.

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