GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 50 The Group embraces values of corporate responsibility and sustainability management in its business operations and activities. The GHL Values demonstrate the Group’s commitment towards the need for transparent business practices that encompass ethical values and respect at its workplace, the marketplace, the community, and the environment. In FY 2018, the Group formalised and released the Sustainability Statement, disclosing the Group’s sustainability strategies which are in line with regulatory requirements and best practices. This year, the Group has made good progress in its sustainability initiatives and has monitored its performance across key Environmental, Economic, and Social (“EES”) aspects. Moving forward, the Group will continue to enhance its business operations to add more value to the stakeholders, and to strengthen the disclosure of the Group’s management and performance in sustainability matters, in order to assist stakeholders in better decision making. SUSTAINABILITY STATEMENT SCOPE The Sustainability Statement provides an overview of the Group’s sustainability practices for financial year ended 31 December 2018, in the areas of compliance with corporate governance, providing a hazard free and harmonious working environment to all employees, upholding stakeholders’ interests, and contributing to communities. This statement was prepared with reference to the Sustainability Reporting Guide and Toolkits issued by Bursa Malaysia Securities Berhad. While initiatives on sustainability have long been embraced and practiced by the Group, the development of a formal framework and the implementation thereof began only in year 2017 with the Group’s subsidiaries in Malaysia taking the fore. Subsidiaries located outside Malaysia will be rolling-out such initiatives in stages. ROLES AND RESPONSIBILITIES OF SUSTAINABILITY GOVERNING BODIES The Group’s Board of Directors play an integral role in determining GHL Group’s strategic direction and regard sustainability as a key component of the Group’s business and operations. All departments are also encouraged to take initiative in promoting staff participation and engagement in the Group’s corporate responsibility agenda. Roles and responsibilities of relevant governing bodies within the Group are to ensure accountability, oversight, and reviewing of sustainability performance and disclosures are as follows:- The Board The Board holds ultimate accountability for the integration of sustainability in the Group’s operations; including reviewing and monitoring the adaptation and implementation of the Group’s overall sustainability strategies, taking into account the EES impacts arising from the business operations and strategic decisions. Monthly reviews of business performance, risk management, compliance, sustainability matters, and other areas are conducted by the Board. Group Chief Executive Officer (“CEO”) The Group’s CEO is responsible for the overall implementation and management of the Group’s sustainability performance, including the process of identifying, implementing, and monitoring key activities related to managing sustainability matters across the Group’s day-to-day operations. Senior Management/Head of Departments (“HODs”) Senior Management and HODs assume direct oversight of the Group’s sustainability practices, decision making, and performance by conducting meetings on a monthly basis to discuss key agendas that are imperative to the Group’s sustainability objective. SUSTA I NAB I L I T Y STAT EMENT