Commitments

Nextgreen engages and supports the following organisations to help us adhere to high standards of ESG performance. These membership and voluntary commitments reflect our values, support our approach to working collaboratively with our partners and provide a platform to contribute to industry best practices. Our participation in these initiatives allows us to stay current on emerging sector and sustainability trends, regulatory updates and industry best practices; to advance our collective contribution towards sustainable development.

Roundtable on Sustainable Palm Oil (RSPO)

We are committed to ensuring the raw materials used for our products, such as the palm oil biomass residues, are from sustainable sources. As an affiliate member of the Roundtable Sustainable Palm Oil (RSPO), we submit our progress in support of the RSPO’s objective of promoting the growth and use of sustainable palm oil and palm oil products, via the RSPO’s Annual Communication of Progress (ACOP).

United Nations Global Compact

The United Nations Global Compact (UNGC) is a strategic policy initiative for businesses committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption. Nextgreen joined since May 2021 as a signatory to the United Nations Global Compact (“UNGC”).

In 2022, we joined 850 participants from over 80 countries on furthering corporate transparency by joining UNGC’s Early Adopters Program to disclose using the enhanced Communication on Progress (CoP) questionnaire. The CoP presents our commitment to the UNGC.

United Nations Network Malaysia & Brunei

Through the UNGC Network Malaysia & Brunei, the official local network of the UNGC, we continue to push the boundaries of corporate sustainability. On 15 March 2021, Nextgreen Global Berhad was among the 49 companies to provide input on Malaysia’s SDG progress.

Watch how Nextgreen Global is also working on raising its climate ambition here.

Nextgreen’s effort towards sustainability and embedding circular economy model is recognised at the United Nations Global Compact Malaysia & Brunie (UNGCMYB) Sustainability Performance Awards on the 9th of December 2022 for SDG Ambition Benchmark 6: 100% sustainable material inputs that are renewable, recyclable or reusable.

Contributing to United Nations Sustainable Development Goals (SDGs)

Businesses have a crucial role to play in delivering the SDGs. We see it as a key responsibility of business to help deliver the SDGs. We have identified the following eight global goals where we have an opportunity to make the greatest impact given the nature of our business.

Clean water and sanitation

Our manufacturing processes are water- intensive; with operations impacting water resources through their extraction and use. We look at ways to improve water quality by reducing pollution, eliminating dumping, dumping only at designated locations and minimising release of hazardous chemicals and materials before treatment and increasing recycling and safe water reuse.

Affordable and clean energy

Increasing our energy self-sufficiency improves profitability, energy security and reduces carbon emissions. We invest in optimising energy usage and process efficiencies through the usage of biomass for steam production and integrating renewable solar photovoltaic (“PV”) power for clean energy.

Decent work and economic growth

We work towards a fair, safe, diverse and inclusive workplace for our employees who benefit from decent working conditions, skills development and purposeful employment. Our support for local enterprises creates wealth and employment, strengthens the local supply chain and promotes resilient communities.

Industry, innovation and infrastructure

We contribute to economic and social development by investing in local infrastructure, creating business opportunities and driving collaboration. We are also taking a leading role in advancing research and development in the non-wood pulp and paper industry.

Responsible consumption and production

Adopting circularity through the use of biomass and by-products from our manufacturing process provides a progressive opportunity for our business while reducing negative environmental impacts. Our manufacturing processes is resource-intensive and using raw materials, water and energy efficiently is fundamental to a sustainable business.

Climate action

Climate change is a threat to the future of our planet, making it crucial for us to adapt to it and mitigate its effects. We look into ways to take action to combat climate change and its impacts through minimising carbon emissions in our operations and supply chain, restoring natural environments and investing in renewable energy.

Peace, justice and strong institutions

We put in place policies and procedures to reduce the opportunity for bribery and corruption, in line with national considerations. Employee training is in place to develop awareness of professional responsibilities.

Partnerships for the goals

We work and collaborate alongside partners that helps us in different ways. Partnerships are a proven way to learn new things, share best practices, achieve specific objectives, set future goals and build trust amongst our various stakeholders.