Sustainability Report

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

delivering sustainability

The past year has reminded us that sustainability is not measured only in metrics, but also in the values that guide daily decisions. At Royal Selangor, our approach continues to evolve, shaped by our heritage of craftsmanship, our responsibility to our people, and our commitment to a more resilient future. Each step forward reflects the collective determination of our teams, whose skill and integrity form the foundation of our progress. One of the greatest strengths of our organisation is our ability to adapt while staying true to who we are. In 2024, this meant re-examining how we manage resources across the entire value chain, from sourcing materials to how our products are used, returned, and transformed. We expanded our efforts in emissions tracking, strengthened our environmental compliance practices, and deepened our focus on responsible procurement. These initiatives support our long-term goal of achieving net-zero emissions by 2050, a commitment we continue to pursue with discipline and transparency. Equally important are the investments we make in our people. This year, we enhanced programmes designed to nurture talent, strengthen safety culture, and promote well-being across all departments. Initiatives that support mental and physical health, encourage continuous learning, and create pathways for professional growth are central to our long-term strategy. When our employees thrive, so does the organisation.

Our commitment to the circular use of materials remains a defining part of our identity. The practice of recovering swarf, dust, offcuts, and other by-products is not merely operational, it symbolises a philosophy of stewardship that has guided us for generations. This mindset extends beyond the factory floor. We continue to welcome the return of pewterware from customers, ensuring that every piece, no matter how old, can be renewed for future use. This circular loop reinforces our belief that true craftsmanship endures, and that waste can be reimagined as opportunity. Beyond our operations, we remain deeply connected to the communities and cultural traditions that have shaped us. Our efforts to preserve pewter smithing artistry, support local partners, and engage in meaningful social initiatives reflect a broader mission: to honour the past while actively contributing to a sustainable future. As we look ahead, our focus is on strengthening resilience, through innovation, partnerships, and a continued commitment to responsible growth. Sustainability is a journey that calls for patience, clarity, and humility. We recognise there is still more to do, and we remain determined to build on the foundation we have laid. I am grateful to everyone who has contributed to our progress this year—our employees, customers, partners, and communities. Your support drives us forward as we continue shaping a future guided by purpose, integrity, and care.

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