SME Feature Stories

Discover inspiring narratives of small and medium-sized enterprises (SMEs) that have achieved notable success in adopting and promoting sustainable practices, showcasing their positive impact on both the environment and their business growth

Platinum Phase Sdn Bhd

About

Platinum Phase is an ISO-certified company that specializes in polymer solutions with particular focus in the areas of plastic recycling and advanced powder coating.

One of the company’s aspirations is to promote sustainability and circular economy concepts via its product offerings as well as through reducing environmental impacts arising from its operations. These include making use of recycled plastic resins to reduce reliance on virgin materials, utilization of VOC-free coating technologies and reduction of carbon emissions through use of solar energy.

ESG Initiatives

Implementation of advanced recycling technologies to process post-consumer recycled (PCR) materials. This reduces the amount of plastic waste in landfills as well as resources used for virgin plastic production.
Obtained ISO 9001 and ISO 14001 certifications for quality and environmental management.
Development of eco-friendly powder coating technologies to minimize environmental impact.
Installation of solar energy systems to partially power manufacturing facility while, at the same time, reducing carbon emissions.

How do we benefit from the ESG journey?

In terms of benefits derived from the aforementioned initiatives, the company is now recycling approximately 30,000 tonnes of PCR plastic annually, is less reliant on non-renewable energy sources and achieved considerable reduction in carbon emissions.

How did we fund our sustainability initiatives?

Via Public Bank, the company secured financing support for the installation of solar energy systems and manufacturing equipment. Moving forward, the company is committed to continued investments in R&D to further improve on production efficiency and lowering of energy consumption.

Top Tips for SMEs to Kickstart ESG Journey

Start Small

Focus on measurable goals and engage stakeholders early in the process

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