Our Integrated Approach to Value Creation To maximise value creation, we follow a structured approach that ensures a comprehensive evaluation of factors affecting our operations, stakeholders, and markets. This integrated approach fosters holistic and inclusive thinking across UEM Edgenta, enabling us to drive sustainable, longterm benefits that extend beyond our business and unlock greater value for all stakeholders. ASSESS IDENTIFY Our operating environment, shaped by economic, regulatory, environmental, and geopolitical factors, plays a critical role in our ability to create and sustain value. To stay ahead, we continuously monitor these dynamics, identifying key trends and assessing their potential impact on our business. Refer to Operating Environment & Market Trends on pages 59 to 62. Board of Directors and Employees Government and Regulators, Industry and Business Associates S1 S4 S2 S5 S7 S3 S6 Clients and Partners Media Community Shareholders and Investors Supply Chain Partners We identify and monitor risks that could impact our business, ensuring they are effectively managed through our comprehensive risk management framework. At the same time, we assess potential opportunities that can enhance value creation and develop strategic approaches to capitalise on them. People Risk R5 Cybersecurity Risk R6 ESG Risk R7 Our value creation strategy considers 11 material matters that are critical to both our business and stakeholders. These matters are identified through a rigorous materiality assessment process, which incorporates insights from our stakeholders, internal decisionmakers, and key market trends. DEFINE AND PRIORITISE OUR MATERIAL MATTERS Business Ethics M1 Innovation and Technologybased Operational Excellence M2 Economic Development M3 Supply Chain Management M4 Climate Change and Energy M5 Environmental Management M6 Occupational Health and Safety M7 Employment Culture M8 Customer Satisfaction M9 Human Rights Assessment Local Community M10 M11 Strong and resilient stakeholder relationships are essential to our success. Through focused engagement, we gain valuable insights into the issues that matter most to them, allowing us to shape our strategies and initiatives in ways that create mutual benefit and foster deeper connections. 04 ASSESS AND EVALUATE OUR OPERATING CONTEXT 01 IDENTIFY AND MANAGE RISKS AND OPPORTUNITIES 02 ENGAGE WITH OUR STAKEHOLDERS 03 Strategic Risk R1 Operational Risk R2 R4 Compliance Risk Financial Risk R3 Refer to Key Risks and Mitigation on pages 67 to 71. Refer to Stakeholder Engagement & Value Creation on pages 46 to 50. Refer to Our Material Matters on pages 52 to 58. UEM EDGENTA BERHAD 42 Integrated Annual Report 2024
RkJQdWJsaXNoZXIy NDgzMzc=