Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 27 SUSTAINABILITY REPORT (CONT’D) Some of the highlights of our achievements are summarised as follows, with more details within our Group Sustainability Report FY2021, where we measure and report our sustainability performance. Frontken FY2021 Sustainability Report provides an update on the more detailed information about our sustainability strategy that we shared in our FY2020 Environmental Report. Our 2021 report covers our 2021 fiscal year and includes data, performance highlights, and progress against our targets. It also mentions notable targets set in medium-term and long-term. FY2021 ACHIEVEMENT OF SUSTAINABILITY GOALS 1. RESPONSIBLE MANAGEMENT The Board of the Group is cognisant of the importance of deploying high standards of corporate governance for the purposes of safeguarding the interest of its stakeholders as well as the assets of the Group. The Board oversees the business performance and affairs of the Group and provides general guidance to themanagement, including charting strategic direction, guiding management on digitalisation, technology and innovation, reviewing, and approving annual budgets, financial plans and monitoring the Group’s performance, approving major acquisitions, and corporate exercises, as well as ensuring the Group’s compliance with all laws and regulations. The Group views the sustainable development of its management team characters and capabilities as a key part of its corporate social responsibility. We focus on financial prudence, discipline, and integrity with strong risk management. We are committed to high standards of corporate governance to sustain growth and performance and to safeguard stakeholders’ interest and maximise long-term shareholders’ value. We hold ourselves to the highest standards of corporate governance. We believe employees are our most important asset and works actively to build a collaborative team with shared vision, balanced culture, and positive values. We provide customers with the most advanced and comprehensive process technologies and services through continuous responsible innovation, green production, and sustainable supply chains friendly to the environment and we take action to give back to society. The Group will continue to be committed to deliver value to our stakeholders through sustainable growth in our businesses, protecting the environment, empowering lives of people and nurturing communities where we operate. We will also continue to build the Group on the foundation of responsible management, responsible innovations, responsible employees and responsible green production, responsible supply chain and inclusive society and communities. The Group’s core values define the fundamental corporate ethics and culture for each and every one of its officers and employees. We treasure our people, and we optimise our employees’ talents to the fullest and ensuring employees’ growth will eventually generates corporate growth. Our core values have helped us to build trustworthy relationships with our customers and suppliers/partners around the world; and enable our employees worldwide to take pride in their work; and enable everyone in our Group to generate innovations and continuously improve our productivity. We ensure and enforce that the Group’s zero tolerance policy towards fraud, corruption and unethical actions are strictly adhered to. Our Group’s policies on anti-bribery and corruption policies and fraud investigation and whistle blower help with our fraud risk management. We conduct fraud and control awareness programme throughout the year to constantly refresh and update our people in this area. Our whistle blower hotlines allow our employees and any external party at any location to report any incident of misconduct without fear of repercussions.
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