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As part of our Corporate Social responsibility programme, Unos and TeleVAS in conjunction with Kelab my-kart Selangor are embarking on a fund raising...

Home arrow Our Commitment arrow Corporate Social Responsibility

Sustainability Statement
The Board has been committed to the Group’s sustainability in evolving global environment, social and governance (ESG) aspect of business which underpin sustainability. In line with good governance practices, the Exco under the direction of our Managing Director oversees the management and implementation of material economic, environmental and social risks and opportunities presented in our business activities.
 
The responsibility to promote and embed sustainability in our business strategy lies with the Board of Directors. This is also in line with Recommendation 1.4 of the Malaysian Code on Corporate Governance 2012. To this end, within the Exco, a Sustainability Working Group (“SWG”) oversees the incorporation of sustainability in the Group’s business, as well as to prepare the Group for its sustainability disclosure. The primary objective of the SWG is to facilitate the preparation of the Sustainability Statement for inclusion in the Annual Report, as required by the Bursa Malaysia’s new Listing Requirements. Chaired by the Managing Director, the SWG also comprises of the Executive Directors.
 
Among others, the responsibility of the SWG includes overseeing the following:

  • Stakeholder engagement process (e.g. identification of key stakeholders and engagement with stakeholders);
  • Materiality assessment (e.g. identification of sustainability risks relevant to the Group’s business, risk/ opportunity assessment on sustainability risks, and identification of material sustainability risks);
  • Oversee the management of material sustainability matters identified; and
  • Preparation of sustainability disclosures.

Sustainability Matters
To identify what is deemed material to the Group’s business, we adopt a materiality assessment process, which is guided by Bursa Malaysia’s Sustainability Reporting Guide and Toolkits. Our materiality assessment process considers:
 
  1. Whether it reflects our economic, environmental and social impacts in a significant way or;
  2. Whether it substantively influences the assessments and decisions of stakeholders
We then take on a prioritization approach, taking into consideration important sustainability issues from both the perspective of our Group, as well as its key stakeholders. We therefore undertake to engage with stakeholders to determine the important sustainability matters and to solicit their views and input.
 
In our journey towards integrating sustainability in our business, we seek to establish formal procedures in internalising sustainability considerations in our organisation. We will strive to further seek enhancement opportunities in pursuing business, environmental and social sustainability