ESG Governance Structure
Eastern Steel have established a clear ESG governance structure, led by the ESG Management Committee, implemented by the ESG Management Office, and executed through dedicated ESG Working Groups. This structure comprehensively covers the three pillars of environment, social, and corporate governance. Through well-defined responsibilities and coordination mechanisms, we ensure the formulation, implementation, and continuous improvement of ESG strategic objectives, thereby steadily advancing the Company’s sustainability agenda.
2024 - 2025 ESG Report
On 2025 November 27, Eastern Steel Sdn. Bhd. officially released its inaugural 2024–2025 Environmental, Social and Governance (ESG) Report.
Upholding the principles of “balancing interests and responsibilities, and achieving harmony between development and shared prosperity,” the report covers key performance and related activities from January 1, 2024 to June 30, 2025 (with certain information extending beyond this period due to business needs). The report is prepared with reference to the GRI Standards, the United Nations Sustainable Development Goals (SDGs) and IFRS, ensuring scientific, transparent and internationally comparable disclosures. It comprehensively presents Eastern Steel’s actions and achievements in green and low-carbon development, quality management, technological innovation, employee wellbeing and social value creation, strengthening communication and trust with stakeholders through detailed and objective data.
In the areas of low-carbon development and quality management, Eastern Steel introduced Malaysia’s first crude steel Environmental Product Declaration (EPD), assessing environmental impacts such as carbon footprint, water consumption and air emissions through a life cycle assessment (LCA), with third-party verification to enhance environmental information transparency. The company also obtained certifications for ISO 45001 Occupational Health and Safety Management, ISO 14001 Environmental Management, ISO 50001 Energy Management, as well as multiple certifications from the Standards and Industrial Research Institute of Malaysia (SIRIM) and the Construction Industry Development Board (CIDB), demonstrating its strong capabilities in environmental management, energy management and industry standards compliance.
Eastern Steel also achieved notable milestones in operational upgrading. In December 2024, its 1450 mm hot-rolled production line was successfully commissioned, with a designed annual capacity of 3.5 million tons, offering a wider range of specifications with enhanced product stability, further strengthening the company’s competitive position in the regional steel market. While advancing stable and orderly development, Eastern Steel also prioritizes employee growth and rights protection by providing training, development opportunities and welfare programs that support talent advancement. The company actively promotes industry–academia collaboration to systematically nurture talent across various levels.
Looking ahead, Eastern Steel will keep enhance its overall competitiveness by advancing the five core pillars of Brand Eastern Steel, Innovative Eastern Steel, Smart Eastern Steel, Green Eastern Steel and Great Eastern Steel. From environmental, economic and social dimensions, we will further deepen green transformation, technological innovation, intelligent manufacturing and social engagement. Eastern Steel is committed to strengthening its ESG governance system and aims to become a benchmark for sustainable development in the steel industry in Malaysia and Southeast Asia, contributing to the shared prosperity of society, the environment and the economy.