ENRA Group Berhad | Annual Report 2022 28 During our first two years of preparing our Sustainability Reports for FY 2018/19 and FY 2019/20, we had made the necessary engagements with both our internal and external stakeholders to identify and prioritise our MSMs. Subsequently, in the process of preparing the Report for FY 2020/21, the SWG had proposed and was accepte by the Board, that the identified MSMs would be monitored until FY 2021/22. Thus, for FY 2022/23 and subsequent years, an exercise would be needed to identify and prioritise new sets of MSMs. This would involve identifying a broad range of potential MSMs, and subsequently through the engagement with the various stakeholders, to chart these MSMs on a materiality matrix. Only the material ones would be monitored over a period of every four years as proposed in FY 2020/21. This exercise to identify the new set of MSMs coincides with the regulators’ requirement for Sustainability to focus on ESG instead of the current focus on EES. D. Our Engagement with Stakeholders During the preparation of our first two Reports, our SWG had assessed, identified and prioritised our stakeholders based on our dependence on them and their influence on our Group’s businesses. The SWG had identified the following key stakeholders in this current phase of our Group’s growth and development: 1. Internal stakeholders i. Our employees of all levels (including Senior Management and EXCO members); ii. Our Board members; iii. Our controlling shareholders; iv. Our substantial institutional shareholders; and v. Our investing partners (non-controlling interests). 2. External stakeholders i. Major lenders; ii. Major principals/suppliers; and iii. Major customers. Surveys and robust interaction with our key stakeholders provided them with a platform to freely and openly voice their views, opinions and concerns on sustainability issues. E. Our Material Sustainability Matters During FY 2018/19, through engagements with our stakeholders, we identified a broad range of potential MSMs and these were subsequently refined by employing statistical methodology in subsequent engagements with our stakeholders. These same processes and methodology were employed until FY 2020/21. During FY 2019/20 and FY 2020/21, our SWG realised that there was a strong need for the data collected to be stabilised over a suitable period to increase our understanding. With this in mind, our SWG reviewed our MSMs over the time and made refinements which were subsequently approved by the Board. The Board agreed that for FY 2020/21 and FY 2021/22, the following six MSMs as per TABLE 2 would be monitored: SUSTAINABILITY REPORT
RkJQdWJsaXNoZXIy NDgzMzc=