OCI Holdings Accelerates ESG Management at Key Hub in Malaysia

Gold Award at Sarawak Environmental Awards
100 Employees Volunteer for Flood Recovery in Sarawak
'Safety Day' Event Promotes Safety Culture Awareness

OCI Holdings recently announced on the 4th that its Malaysian subsidiary OCI M has changed its name to OCI TerraSus and will actively pursue Environmental, Social, and Governance (ESG) management in Malaysia, a key global hub.

About 100 OCI Group executives and employees are taking a commemorative photo at the flood recovery site in Bintulu, Malaysia. Photo by OCI Holdings

The new name, OCI TerraSus, embodies OCI Holdings' commitment and efforts to ensure that life continuously develops and sustains. 'Terra' is Latin for Earth, the place where we live, combined with 'Sus' from 'Sustainable' to express the company's identity.

OCI Holdings, together with OCI TerraSus, is strengthening ties with the local community and carrying out various activities to fulfill the company's social roles and responsibilities.

About 100 employees from OCI Holdings and OCI TerraSus cleaned flood-damaged homes and tidied the surrounding environment in Sarawak last month. They delivered essential goods worth 80,000 ringgit (approximately 25 million KRW), including towels and toothbrush and toothpaste sets from Bukwang Pharmaceutical, to local residents evacuated to the Bintulu shelter, and provided relief supplies such as school supplies for about 2,000 students at nearby schools.

Cha Jung-hwan, Executive Director of OCI Holdings who participated in the flood recovery efforts, stated, "OCI TerraSus is one of the company's major global production bases and plays a very important role in OCI Group's goal of creating a sustainable future." He added, "We will continue to work with the Sarawak state government to raise awareness of healthy living among local residents and carry out various corporate social responsibility (CSR) activities for regional development."

Additionally, on the morning of the 20th of last month, OCI TerraSus held a 'Safety Day' event at its Bintulu production site in Sarawak, Malaysia. This event was organized to raise awareness of safety culture among all OCI TerraSus employees and to emphasize that the company's safety culture is built together by management and staff.

The event was made more meaningful by the presence of key company executives, including Lee Woo-hyun, Chairman of OCI Holdings; Kim Taek-jung, Vice Chairman of OCI Holdings; and Dato Anas Alam Faizli, CEO of OCI TerraSus, along with heads of major local institutions such as the Malaysian Ministry of Human Resources, Sarawak Police Department, and Bintulu Fire Department.

In his opening remarks, Chairman Lee said, "Since 1959, our OCI Group has accumulated a long history and experience worldwide, deeply understanding the non-negotiable importance of safety." He emphasized, "We will continue to prioritize safety as our top value, and I ask all employees to work together with one heart. The company will do its best to provide you with a safe working environment."

Meanwhile, OCI TerraSus received the Gold Award at the 11th Sarawak Environmental Awards (PSEA) in January. OCI TerraSus adheres strictly to environmental management plans required for approval of Environmental Impact Assessments (EIA) by the Malaysian Ministry of Environment and has obtained ISO 14001 certification for its environmental management system established by the International Organization for Standardization (ISO), making sustainable eco-friendly management a core value. The company produces polysilicon for solar power using 100% hydropower and supplies it to the global market.

This content was produced with the assistance of AI translation services.