Annual Report 2022
OUR PURPOSE & VALUES
OUR CHAIRMAN'S MESSAGE
MANAGEMENT DISCUSSION & ANALYSIS
PERFORMANCE HIGHLIGHT
ESG REVIEW
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OUR PURPOSE & VALUES
Our Chairman’s Message
Brew the Joy of True
Togetherness to Inspire a
Better World
I am pleased that the Group has reported an increase in revenue and profit as compared to the same period in 2021 as the Group recovers above pre-pandemic levels with reopening of on-trade and entertainment channel and Malaysia’s international borders. HEINEKEN Malaysia’s revenue increased by 44% to RM2.86 billion (FY2021: RM1.98 billion), mainly attributable to an increase in sales volume following the reopening of international borders, increased on-trade consumption, as well as a positive mix impact from premium portfolio growth.
>> Dato’ Sri Idris Jala
Chairman
Management Discussion & Analysis
Emerging Stronger
from the Crisis
I am pleased that the Group has reported an increase in revenue and profit as compared to the same period in 2021 as the Group recovers above pre-pandemic levels with reopening of on-trade and entertainment channel and Malaysia’s international borders. HEINEKEN Malaysia’s revenue increased by 44% to RM2.86 billion (FY2021: RM1.98 billion), mainly attributable to an increase in sales volume following the reopening of international borders, increased on-trade consumption, as well as a positive mix impact from premium portfolio growth.
>> Roland Bala
Managing Director
PERFORMANCE HIGHLIGHTS
People
549
TOTAL EMPLOYEES
BOARD OF DIRECTORS
EMPLOYEE ENGAGEMENT SCORE
549
MANAGEMENT TEAM
PERFORMANCE ENABLEMENT SCORE
84
(+4% vs 2021)
TIGER CHINESE EDUCATION CHARITY CONCERT
RM20 million
raised for 8 schools, RM380 million since 1994
HEINEKEN CARES
RM20 million
by HEINEKEN Malaysia employees
600,000 meals
for communities
Planet
49%
ABSOLUTE CARBON EMISSIONS in Production (vs 2018 baseline)100%
100%
of water used in our products in 2022
Zero
Waste to Landfill since 2017
Performance
PERFORMANCE ENABLEMENT SCORE
40 sen
per stock unit which was paid on 11 November 2022
203%
+44%
RM2.86 billion
+85%
RM595 million
RM1.6 billion
ESG REVIEW
Why it matters?
It is our responsibility to preserve and protect the environment for the present as well as future generations. For HEINEKEN Malaysia, this means having bold and progressive measures in place to drive positive change through our environmental endeavours guided by HEINEKEN’s sustainability strategy, Brew a Better World.
We strive to minimise our impact on the environment via our BaBW 2030 Strategy where we are committed to reaching set goals such as achieving net zero carbon emissions in production and across our value chain.
We are also maximising circularity through recycling and reusing, contributing to healthy watersheds through water stewardship projects and practising sustainable resource use of electricity and natural gas.
Contribution to UN SDGs
Environmental Performance Overview
Transitioned to
100%
green electricity in March 2022
Reduced absolute carbon emissions at our production by
49%
Carbon emission intensity at production reduced by
49%
to 5.18 kgCO₂ e/hl
54%
100%
production waste is recycled and upcycled
100%
of wastewater treated beyond the standards required by DOE
85%
of reduction in absolute Scope 2 emissions and Scope 2 emission intensity
Why it matters?
Our success lies in the commitment of our people, the satisfaction of our consumers and the support of the communities to which we belong. Therefore, creating value for our people is essential for our growth as they contribute greatly to our long-term success. We strive to empower our workforce by providing rewarding working environments as it is the driving force behind our successful brand.
Fostering a safe, supportive, and conducive work environment facilitates the growth and development of our team. We are committed to creating a high-performing workforce that remains motivated towards a shared vision. We demonstrate our commitment to ensuring fair labour standards and human rights through Group-wide policies such as the HEINEKEN Human Rights Policy and our HEINEKEN Supplier Code.
In fulfilling our aspiration to Brew the Joy of True Togetherness to Inspire a Better World, we are driven by a strong sense of social responsibility. HEINEKEN Malaysia is all about bringing people together and celebrating great moments, and we strive to bring the same positive message to our community through corporate social responsibility programmes.
Contribution to UN SDGs
Environmental Performance Overview
We have
43%
of women representation in the Board of Directors
63%
of women in the
Management Team
0
94%
59%
437
Why it matters?
Our brands are made for the enjoyment of the people. We believe that our beers and ciders, when consumed in moderation, can be part of a fulfilling and balanced lifestyle. It is essential for us to address the harmful use of alcohol to help consumers understand and instill greater awareness within society as we market our brands.
We strive to send the message that what you drink is “Always a Choice” by offering non-alcoholic options. We empower our consumers to make informed choices about our products. With Heineken® 0.0, our consumers are given the choice to lead a more balanced lifestyle without compromising the taste of good beer.
Contribution to UN SDGs
