Sustainability
Environment, Social and Governance (ESG)
are the 3 key parameters to Riverstone Holdings group to deliver our finest quality of glove for our customers. We are open for our stakeholders, communities and customers to address their thoughts to reflect the issue matter the most of our business.
Environmental Health & Safety Policy
RIVERSTONE RESOURCES SDN.BHD. strive for excellence in all its activities. We are committed to continual improvement and will give priority towards environmental, health and safety concern. Read more
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Environmental Sustainability
The glove manufacturing process requires many resources, including raw materials in the form of chemical and latex, energy, and water. It is crucial that we prioritise environmental issues in our ESG strategy and minimise the environmental impacts of our activities. Read more
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Environmental Policy
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Energy
There is a growing demand for companies to take action to fight climate change. Consumers are increasingly environmentally conscious and show preference towards products with low environmental impacts and carbon footprint. It is important for Riverstone to manage and reduce the carbon footprint of our products and increase the energy efficiency of the manufacturing process to remain as the leading glove manufacturer. Our approach to energy and emission can be found in our Energy Policy. Read more
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Water Conservation
To reduce water withdrawal, we have invested in several water recycling projects. We aim to increase the capacity and capability of our water recycling infrastructure over the coming years. We aim to recycle approximately 3,000m³ of water per day at Eco Medi Glove (EMG) Plant 2 by 2025, which represents 37% of our daily water discharge currently. Read more
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Waste Management
Proper management and disposal of waste and byproducts are important to protect the health and safety of our employees and communities and reduce the risk of contamination to the surrounding environment. Riverstone Waste Management Policy sets out our approach to waste management. The purpose of our approach is to minimize or prevent negative environmental impacts of our operation. Read more
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CO₂e Emission Performance
Our carbon emission is calculated in accordance with World Resources Institute's (WRI) and World Business Council for Sustainable Development's (WBCSD) GHG Protocol Corporate Accounting and Reporting Standard. All Scope 1 and Scope 2 emissions are calculated using GHG Emissions Calculation Tool. Read more
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Renewable Energy
We utilize biomass to generate steam and provide heat energy to ovens and tanks at our dipping lines. Our primary biomass sources are wood chips and wood residuals. At some manufacturing plants, we also use agricultural byproducts such as palm kernel shell, mesocarp, and rice husk as biomass. Read more
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Renewable Energy
To reduce our greenhouse gas emissions, we have installed solar panels on the rooftops of the manufacturing plant at EMG site in Taiping. The solar panels cover 16.3% of the rooftop space. Phase 1 has a capacity of 547.02kWp and is completed in February 2022. The project's first phase is expected to yield 744MWh of electricity annually and offset an estimated 516.30tonnes of carbon dioxide emission per year. Read more
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Code Of Conduct ("CODE")
This Code of Conduct establishes a standard by which we conduct ourselves towards others and perform our professional duties on behalf of the Riverstone Group (Riverstone). Its aim is to help us to aspire to the highest standards of ethical conduct. The Code must be read in conjunction with the explanatory statement for the Code of Conduct which provides further detail regarding the required standards of conduct. Read more
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Sustainability Governance
The Board of Directors and the CEO regularly review Riverstone's material Environmental, Social, and Governance (ESG) factors to manage key ESG impacts and provide strategic formulation that considers sustainability issues. The Board of Directors is responsible for the review and approval of Riverstone's sustainability report and ensures that all material topics are covered. Review of ESG topics and their impacts, risks, and opportunities is done annually. Read more
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Anti-bribery and Anti-corruption Policy
Riverstone seeks to foster an environment where honesty, integrity, and ethical practices are valued. We do not authorise and condone any unlawful or unethical behaviour.
We have zero tolerance for any form of financial misconduct, including bribery and corruption. We have put in place a Code of Conduct, anticorruption, and no-gift policy, which entails the prohibition of accepting and offering bribes, kickbacks, customary facilitation payments, and gifts. Employees must also avoid situations in which personal interests are in conflict with Riverstone's interest.
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Our stakeholders are able to raise legitimate concerns about misconduct through a whistle blowing reporting channel. This can include matters in relation to criminal activities, breach of legal obligation, miscarriage of justice, and activities posing a risk of danger to health and safety. The communication channel guide is outlined in the whistle-blowing Policy. Read more
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Social Responsibility Policy
Riverstone strives to be a socially responsible entity and upholding the principles of sustainable development in our daily practices. We are committed to respect social responsibility principles with regards to accountability, transparency, ethical behaviour, respect stakeholders' interests, observance of the principle of legality, observance of the international norms of behaviour and respect for human rights. Read more
Read moreLabour Policy
Riverstone is committed to uphold the human rights of workers, and to treat them with dignity and respect. Read more
Read moreOccupational Health and Safety
Riverstone's Occupational Health and Safety management system is audited by a professional independent consulting firm annually to ensure we are in compliance with the ISO 45001:2018 standards. All of our manufacturing sites have successfully upgraded from OHSAS 18001:2007 to ISO 45001:2018 in 2021. Read more
Read moreLabour Rights
At Riverstone, we are strongly committed to respecting the rights of our employees and advancing their welfare. We work to create an inclusive and safe environment where all employees are provided fair and equal opportunities to thrive. Labour rights continue to be a topic of concern for our key stakeholders. We recognise foreign migrant workers play important and significant roles in our operation and face unique vulnerabilities. We continue to work actively to ensure we provide a safe and secure working environment to all local and foreign employees. Read more
Read moreGender Diversity
Women make up 39.1% of our workforce. 62.4% of skilled and professional employees at Riverstone are women. Employees, regardless of gender, are rewarded fairly based on ability, skills, and performance for comparable roles. Our recruitment process strictly prohibits discrimination based on gender, gender identity, sexual orientation, marital status, race, religion, colour, and age. We recruit employees based on skills, experience, or ability. In 2021, 50.7% of our new hires are women. Women hold various positions across the hierarchy in different departments of the company. Read more
Read moreEmployee Benefit and Welfare
Riverstone provides fair and competitive remuneration with comprehensive benefits to our employees. Our ability to attract and retain talent ensures long-term sustainable business growth depends on our ability to attract and retain employees. Read more
Read moreHuman Development
To ensure that our employees are provided the necessary tools to succeed in their careers, we provide employees with internal and external training. Our training policy requires that HOD review and prepare Training Need Identification for their staff at the start of each year. Read more
Read moreWorker's Accommodation
All migrant workers working at Riverstone are provided with accommodation. Internal and external social audits are conducted frequently to ensure that the safety, hygiene, comfort of our workers' living areas are well maintained and meet the local regulations and standards. We own a worker dormitory at Taiping that is built with features and facilities to meet the needs of migrant workers. Workers at Bukit Beruntung live in rented apartments or houses that meet the local housing standards. Read more
Read moreCommunity Engagement
Riverstone is committed to making positive impacts and contributing to the communities around our area of operation. Riverstone believes that opportunities for quality education should be accessible to all. We have provided education aid to school children from disadvantaged backgrounds. We have also donated computers and other educational resources to schools in Bukit Beruntung and Taiping to ensure that the children are able to learn with the resources and supplies they need to succeed. Read more
Read moreSocial Compliance Policy
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Read moreSupplier Code Of Conduct
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