Our Dedication

To Environmental Sustainability

Environmental, Social, and Governance (ESG) Position Statement

Eng Joo Logistics Sdn Bhd (“EJ”) acknowledges that ESG factors represent both risks and opportunities for our business and key stakeholders, including employees, customers, partners, and communities. Managing ESG factors is crucial to our business success, given their importance in the global transportation industry. As a leading transportation service provider in the Northern Region, we commit to supporting positive environmental and social outcomes.

Our ESG Commitment

We aim to grow as a sustainable transportation company by integrating ESG factors into our corporate strategy. Driven by global imperatives to address climate change and achieve the UN Sustainable Development Goals (“SDGs”), we recognize the transportation sector’s vital role in transitioning to a low-carbon global economy. Our core value of safety is central to our ESG commitments. We are committed to transparency and accountability by adopting leading ESG reporting frameworks like the Sustainability Accounting Standards Board (“SASB”) Standards.

Our ESG Approach

Our ESG strategy is guided by the following pillars, identified through a formal ESG materiality assessment:

  • Foster an inclusive workplace culture and maintain a healthy, engaged, and diverse workforce.
  • Reduce greenhouse gas (“GHG”) emissions across all business lines.
  • Improve governance structures for effective ESG oversight and management.
  • Strengthen relationships with communities, including Indigenous partners.

To support these pillars, we expect all levels of our organization to:

  • Enhance understanding of ESG impacts and integrate ESG factors into long-term planning.
  • Allocate budgets to maintain regulatory compliance and meet stakeholder expectations.
  • Capture ESG opportunities by assessing and deploying new technologies.
Governance

Our governance framework ensures effective ESG oversight. The CEO oversees ESG-related strategies, performance, and investment decisions. Directors and C-Level Management hold the highest accountability for ESG issues, reporting semi-annually to the Board. We are committed to strengthening governance structures to incorporate ESG considerations.

Risk Management

We aim to integrate ESG risks into our risk management processes, ensuring proper assessment of unique and evolving ESG risks, including climate-related risks. Bi-annual ESG materiality assessments will help identify and mitigate these risks over the short, medium, and long-term.

Metrics and Targets

We are dedicated to collecting, monitoring, and disclosing key ESG metrics to track performance and progression. Using the SASB Standards, we will enhance our disclosure on ESG factors and evaluate the feasibility of setting ESG targets to advance our strategy over time.

Reporting and Disclosure

We strive to improve our ESG and climate change reporting for enhanced transparency on risks, opportunities, and performance. Our future disclosures will align with relevant SASB Standards and TCFD recommendations in a phased approach.