DESTINI Annual Report 2019

04 SUSTAINABILITY Business Model and Planning Destini has laid out several sustainability and growth strategies across all of its business segments to remain resilient to the external challenging operating environment and this includes diversifying its range of services and products within its core expertise. The sustainability of Destini’s businesses are strong as the Group is operating with a diversified portfolio of services and products in a high entry barrier industry and one of the major sources of revenue earnings was generated from recurring MRO business. Aside to that, there are many more possibilities for Destini to explore and expand its existing capabilities in the industries it has a foothold in. Moving away from local shores, Destini is also constantly looking to extend its services and products to the wider global market. The Group is always in the mode of sourcing potential business partners in different markets to form strategic alliances. It opens up greater opportunity for the Group to grow internationally. From the current presence which spans from Australia, China, Malaysia, Middle East, Singapore, and United Kingdom, Destini is on the blueprint to expand its current business network to the Southeast Asian countries it does not have a presence in as well. Moving forward, Destini will also continuously focus on quality and delivery timeliness to achieve better customers’ satisfaction. Intensive technical training shall be provided to our current operation personnel and recruitment of highly capable staff shall contribute to our Group’s talent pool. In order to achieve high working standards at all times, revision and enhancement of the current working procedures shall be implemented in stages as well. Suppliers To our suppliers, we are committed to enhance our processes and engage with our suppliers to identify and manage risks, increase productivity and efficiency within the supply chain, underpinned by values of integrity and transparency. We look to create value, by looking for opportunities to collaborate and to share best practices with our suppliers. In compliance with ISO 9001:2015, every specification and materials involved in the production and operation processes are being closely monitored. Hence, our suppliers are filtered through careful selection ensuring only the ones with specific criteria’s met are engaged. Operations As our business involves manufacturing in which is heavily regulated by the various regulatory bodies, the Group is conscious of complying with all applicable environmental laws, guidelines and regulations in relation to emission standards, noise level management and treatment of plant effluents and waste water. The Group is committed that the business does not generate any major environmental concerns. Our standard operating procedures for environmental management includes: • Preserving, conserving, minimising wastage of resources and ensuring that the work environment is free from pollution hazards; • Complying with all acts, rules, regulations and orders of the Department of Environment; and • Communicating clearly to all employees, customers and suppliers to instil in them the environmental awareness culture and values of our Group. ENVIRONMENT Waste Management Proper waste disposal has wide-ranging implications on the environment and the surrounding communities’ health. Eliminating waste altogether is obviously the ideal scenario though it is a daunting goal for the industry. The Group seeks to contribute whatever extent feasible towards the eventual realisation of total safe waste elimination. Part of the Group’s commitment to waste management is ensuring the disposal of scheduled waste are in compliance with the Environmental Quality (Scheduled Wastes) Regulations, 2005. In this respect, the scheduled wastes will be packaged, labelled and transported in accordance with the prescribed Department of Environment guidelines and regulations. Moreover, we are also certified with ISO 14001:2015 and ISO 45001:2018 - Environmental Management System in providing MRO of safety, survival, search, rescue equipment. Aside to that, the Group also adheres to the Environmental Quality Act 1974, Environmental Quality Scheduled Waste Regulation 2005 and Inventory of Scheduled Wastes that is in compliant with oil and gas regulations. SUSTAINABILITY REPORT MATERIAL SUSTAINABILITY MATTERS (CONT’D) DESTINI BERHAD 056