General winner of Duopharma Biotech at the Sustainable Business Awards Malaysia
Duopharma Biotech won five trophies, in the categories of Business Ethics and Responsibility, Stakeholder Management and United Nations Sustainable Development Goals, as well as the Award of Excellence in the Water Management and Waste Productivity and Materiality categories. .
KUCHING (November 10): Duopharma Biotech Bhd (Duopharma Biotech) was recently recognized as the Grand Winner of the Sustainable Business Awards Malaysia (SBA) 2020/21 in the Large Organization category, identifying the company as Malaysia’s leading organization for practices sustainable development.
At this year’s event, Duopharma Biotech won five trophies, in the Business Ethics and Responsibility, Stakeholder Management and United Nations Sustainable Development Goals categories, as well as the Excellence Award in the Management of water and Productivity and materiality of waste.
The awards were presented in the presence of Datuk Sri Mustapa Mohamed, Minister in the Prime Minister’s Department (Economy).
Commenting on this achievement, Duopharma Biotech Group Managing Director Leonard Ariff Abdul Shatar said the company is focused on instilling sustainability values in all business operations.
“The Board of Directors leads sustainability initiatives at Duopharma Biotech, guided by the Risk Management and Sustainability Committee.
“At the same time, our Sustainability department is led by health and safety experts and a sustainability specialist who reports to the Director of Manufacturing.
“We are committed to achieving the Sustainable Development Goals (SDGs) and the 10 United Nations Principles, with SDG mapping integrated into our sustainable development reports, in accordance with our status as a participatory member of the United Nations Global Compact network. for Malaysia and Brunei (UNGCMYB).
“We have even integrated sustainability risks into our enterprise risk management (ERM) framework.
“This global vision of sustainable development aligns with the group’s fundamental values of passion, excellence, teamwork, responsibility, integrity and respect.
Duopharma Biotech intends to continue its practice of obtaining third-party verification of the data presented in its sustainable development reports, in order to ensure the credibility and acceptability of the action plans.
For the second half of 2021, the group should establish a Greenhouse Gas (GHG) benchmark and deploy a plan to reduce its greenhouse effect.
Through its sustainability efforts, the group is focused on improving its FTSE4Good Bursa Malaysia Index rating, in addition to maintaining alignment with the SDGs and the 10 UN Principles in all of its sustainability initiatives.
The SBA is one of the prestigious awards in Asia which recognizes good environmental, social and governance (ESG) practices of organizations.
Winners are assessed based on publicly available information and a series of assessments to understand the organization’s commitment to sustainability.
