31 CORPORATE GOVERNANCE ENRA GROUP BERHAD ANNUAL REPORT 2023 TABLE 4 – Our MSM Targets Rank Sustainability Theme MSM in FY 2020/21 and FY 2021/22 Targets 5 Social Empowering our people Proactive and happy workforce • Encourage and promote diversity within the organisation • Recognising and rewarding talent management • Getting staff involved in making positive impact on the well-being of local communities above and beyond our core businesses in line with our vision statement • Building a progressive and innovative workforce that drives growth and fosters fulfilling careers 6 Environment Promote Resource Efficiency Energy, resources and waste management • Manage waste with the aim to reduce waste by 50% by 2030 • Reduce GHG emissions by 50% by 2030 • Recognising renewable energy sources within supply and value chain • Increase energy and resource efficiency across all business operations for a sustainable ecosystem • Promote products and practices that help combat pollution and climate-related risks E. Managing our MSMs 1. Ethics, governance and compliance (Governance) When evaluating a company, one would often include the review of the company’s ethics, governance and compliance. Companies with strong ethical values often would have good governance structures and instruments in place and in turn would have strong compliance with both internal and external policies, procedures, rules and legislation. There is enough evidence around that shows a strong and successful business (i.e., a sustainable business), is conducted in a meritocratic, transparent, legitimate and accessible manner without compromising its other corporate responsibilities to ensure its continued success and longevity. ENRA is firmly committed to conducting our businesses with the highest level of integrity and in full compliance with applicable laws, rules and regulations. This commitment is evident from our Materiality Matrix over the years since we first embarked on our Sustainability journey in FY 2017/18 when we published our Sustainability Note. Ethics, Governance and Compliance have always scored amongst the highest. Our Corporate Governance Overview Statement, Statement of Risk Management and Internal Control SORMIC and Audit, Risk Management and Sustainability Committee Report contained in this Annual Report, as well as the Corporate Governance Report provide a fuller picture of the control environment and governance structure and culture within the Group. We have various instruments, tools and enablers in place at our disposal to ensure that the Group and its stakeholders comply with the various laws, regulations and practices applicable to our businesses. The following guidance in ILLUSTRATION 3 was implemented to ensure that we meet this objective: ILLUSTRATION 3 Sustainability Report (Cont’d)
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