Social and Governance (ESG)
The board of Hextar Industries Berhad (HIB) believes that introducing Environmental, Social, and Governance (ESG) considerations in its business decisions is essential to achieve long-term business success besides creating value for all its stakeholders, act as a strategic approach to support and empower communities, encourage social inclusivity and improve the environment. In terms of climate change, Hextar is committed to reinforcing the efforts towards the decarbonization pathway while ensuring long-term value creation for the organization.
The balancing of ESG with the interests of stakeholders is essential in improving investor perception and public trust that works towards value enhancement for stakeholders in the long run. Climate change, directly and indirectly, affects our profitability and sustainable growth. It is crucial to protect these by mitigating and adapting to climate-related risks.
HIB also believes that as a responsible corporate citizen, one would have an obligation in making the earth a better place to live in through responsible investing, besides weighing on an appropriate risk-return profile for its investments. Accordingly, HIB incorporated its principle of sustainability in its ESG policy which is in line with our core values of Integrity, Loyalty, and Hard Work.
What our Group Managing Director Say
"Hextar Group is committed to meeting the target of Net Zero Carbon Emissions by 2050, aligned to Malaysia’s national aspirations and in support of the Sustainable Development Goals (SDGs) on Climate Action.
As we look into the future, we hope to achieve the Net Zero target through investing in low-carbon efficient technologies and renewable energy. We hope to continuously report our progress as an organization towards meeting this goal in the future"
Hextar Industries Berhad is committed to:
The United Nations Sustainable Development Goals (UN-SDG) and Malaysia’s Shared Prosperity Vision 2030 (SPV2030) towards decarbonization pathway while ensuring long-term value creation for the organization.
Ensure healthy lives and promote well-being for all at all ages.
Ensure availability and sustainable management of water and sanitation for all.
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.
Reduce inequality within and among countries.
Ensure sustainable consumption and production patterns.
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.