Sustainability Report

STATEMENT FROM THE MANAGING DIRECTOR, DATO’ YONG YOON LI D.P.M.S.

As we look back on 2023, I would like to take a moment to acknowledge the hard work and dedication of everyone at Royal Selangor. Our commitment to the principles of Environmental, Social, and Governance (ESG) is something we hold close to our hearts, and it’s the collective effort of our teams across all departments that has allowed us to make meaningful progress this year. Sustainability is not a trend for us; it has always been a core part of who we are. We do not subscribe to a culture of disposability. Every piece we create is designed to be cherished for generations. In the instance a customer no longer wishes to keep their pewterware, we encourage them to return it to us for recycling—ensuring that none of our products end up in landfills. This philosophy extends to our manufacturing processes as well. We recover and reuse materials from our factory floor, from swarfs and dust to offcuts, returning them to the cauldrons to be melted down and repurposed. Waste is not an afterthought; it is a resource, and through careful stewardship, we continue to minimise our environmental impact. As we look to the future, we know there is always more to learn and improve upon. We will continue to innovate and work closely with our stakeholders to keep moving forward on our sustainability journey. By integrating sustainable practices throughout our operations, we are making steady progress toward our long-term goals, including our target of achieving net-zero emissions by 2050. As we continue this journey, our focus remains on creating a positive impact. We are confident that our commitment to ESG will help us build a more sustainable and responsible future for Royal Selangor, our communities, and the world.

GOVERNANCE

At Royal Selangor, our Board of Directors is committed to guiding the company with a focus on long-term sustainability. Recognising the importance of integrating social and environmental considerations into our decision-making processes, the board’s role includes providing thoughtful oversight of our growth strategies, managing risks, and upholding the rights and responsibilities of our shareholders.

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