GHL System Berhad Annual Report 2020

A N N U A L R E P O R T 2 0 2 0 19 SUSTAINABILITY STATEMENT The Group embraces values of corporate responsibility and sustainability management in all its business operations and activities. The Core Values demonstrate the Group’s commitment towards the need for transparent business practices that embrace ethical values and respect at the workplace, marketplace, within the community, and with regards to the environment. In 2020, the Group formalised and released the Sustainability Statement, disclosing the Group’s sustainability strategies which are in line with regulatory requirements and other best practices. The Group has also made good progress in its sustainability initiatives and has monitored its performance across key Environmental, Social, and Governance (“ESG”) aspects. Moving forward, the Group will continue to enhance its business operations to add more value for stakeholders, and to strengthen the disclosure as well as performance in sustainability matters, in order to assist stakeholders in keeping track of the group’s progress. SUSTAINABILITY STATEMENT SCOPE The Sustainability Statement provides an overview of the Group’s sustainability practices for financial year ended 31 December 2020, in the areas of compliance with corporate governance, providing a positive 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 practiced by the Group, the development of an official 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 gradually roll out such initiatives in stages. ROLES AND RESPONSIBILITIES OF SUSTAINABILITY GOVERNING BODIES The Group’s Board of Directors plays an integral role in determining the Group’s strategic direction and also regards sustainability as a key component of the Group’s business and operations. All departments were required to take initiative in endorsing 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. The respective groups/individuals in charge were as follow:- The Board The Board holds ultimate accountability for the integration of sustainability in the Group’s operations, including reviewing and monitoring the adoption and implementation of the Group’s overall sustainability strategies, taking into account the ESG impacts arising from the business operations and strategic decisions. Monthly reviews of business performance, risk management, compliance, sustainability matters, and other areas were also conducted by the Board. Group Chief Executive Officer (“GCEO”) 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 have 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.