28 CORPORATE GOVERNANCE ENRA GROUP BERHAD ANNUAL REPORT 2023 C. Our Reporting Methodology Our Report is prepared according to the requirements of: 1. Bursa Securities’ MMLR relating to Sustainability Reporting in Annual Reports; 2. Bursa Securities’ Sustainability Reporting Guide; and 3. Sustainability Toolkits. During our first two years of preparing our Reports for FY 2018/19 and FY 2019/20, we 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 accepted by the Board, that the identified MSMs would be monitored until FY 2021/22. Subsequently, for FY 2022/23 an exercise should be conducted 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, charting these MSMs on a materiality matrix. This should fit in nicely with the redefinition of the three pillars of Sustainability as mentioned earlier, to be complied with in FY 2022/23. These new MSMs should be monitored for the next five years. During FY 2020/21 and FY 2021/22, several corporate exercises took place that involved the departure of personnel and subsidiaries. These have resulted in a huge reduction in staff strength, from a peak of 121 in FY 2020/21 to 55 in FY 2021/22 and to 41 for the year under review, FY 2022/23. These workforce totals are inclusive of contract staff and interns. Out of the current 41, two, a permanent and contract staff, were recruited during FY 2021/22 and eight new personnel; a permanent staff, five contract staff and two interns, were recruited during FY 2022/23. As a result of the staffing and structural reorganisation that has taken place, several key SWG members were no longer with ENRA in FY 2020/21 and FY 2021/22 and this, in turn, has had an impact on ENRA’s Sustainability endeavour. Recognising this implication, the Management had invited a leading Sustainability trainer to conduct Sustainability training for the remaining staff. The objective of the training was to introduce Sustainability to those who joined during FY 2021/22 and FY 2022/23 and as a refresher to the rest of the staff and Board members. The training was conducted on 23 September 2022 and was attended by 42 people comprising 4 Directors, 2 EXCO members, 34 permanent staff and 2 interns. In the last quarter of FY 2022/23, the Head of ESG, being the lead person for SWG, presented and discussed with ARMSC the way forward for Sustainability for FY 2022/23; particularly the Board’s approval in FY 2021/22 for a new exercise to identify new MSMs in line with the re-definition of the pillars of sustainability to ESG and the changes in the workforce as a result of the various rationalisations. It was agreed that to embark on an exercise to identify new MSMs while ENRA was, at the same time, adjusting to structural and staffing changes, may not produce a true and fair picture that could be fully appreciated. The Head of ESG proposed to the exercise to be conducted during FY 2023/24 instead. Sustainability Report (Cont’d)
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