30 CORPORATE GOVERNANCE ENRA GROUP BERHAD ANNUAL REPORT 2023 TABLE 3 – How our MSMs relate to UN Sustainable Development Goals Material Matters Focus areas Link to UN Sustainable Development Goals 6 Energy, resources and waste management • Energy and resource consumption • Monitoring waste generation • C02 emission tracking • Clean water & sanitation • Affordable & clean energy • Climate action • Life below water • Life on land 2. Our MSMs’ targets Once the MSMs have been identified, target(s) must be set for each of these MSMs so that a meaningful plan can be formulated towards a more sustainable and resource-efficient future. Achieving these targets requires concerted efforts from all stakeholders and by working together to meet these targets, we can promote responsible material consumption, preserve finite resources, and minimise the environmental impact of our material choices. Bursa Securities has recently announced that Climate Change and Greenhouse Gas (“GHG”) Emissions shall soon be a mandatory consideration for the Sustainability endeavours of all listed companies in Malaysia. We have started collecting data of our operations that emit GHGs for the last few years. For the current year under review, we have put in a stronger emphasis of resource consumption and waste monitoring. The set of targets to be achieved for our MSMs are as per TABLE 4 below. These targets shall be adjusted accordingly once we finalise our new set of MSMs in FY 2023/24 for the next five years. TABLE 4 – Our MSM Targets Rank Sustainability Theme MSM in FY 2020/21 and FY 2021/22 Targets 1 Governance Robust and ethical framework Ethics, governance and compliance • Full adherence to internal rules and regulations, including standard operating procedures & policies (“SOPPs”) • Full compliance with relevant rules and regulations with zero penalties, fines, summons, imprisonment, blacklisting and sanctions • Zero tolerance for fraud and corrupt practices as this poses a major risk to sustainability 2 Governance Robust and ethical framework Business development and expansion • Achieve sustainable growth in enterprise value (market value of total equity and debts less cash and cash equivalents) in line with our vision statement • Acquiring new business that will contribute positively to PATAMI 3 Governance Robust and ethical framework Innovation and technology enablers • Having reliable and value-for-money technologies that are stable, simple, speedy, safe and secure (“5S”) to support all business processes • Encourage Digitalisation of business processes • Implementing an adaptive holistic cybersecurity and cyber resilient strategy 4 Governance Robust and ethical framework Financial and project governance • Less than 10% negative deviation in economic returns from the approved proposal by the promoters/ project owners Sustainability Report (Cont’d)
RkJQdWJsaXNoZXIy NDgzMzc=