ENRA Group Berhad Annual Report 2018

31 A N N U A L R E P O R T 2 0 1 8 Ethics, governance and compliance Issues of ethics, governance and compliance regularly arise in business transactions and we are firmly committed to conduct our businesses with the highest level of integrity and in full compliance with applicable laws, rules and regulations. The following guidance was implemented to ensure we meet this objective: ETHICS, GOVERNANCE AND COMPLIANCE Directors’ Code of Ethics [for our board] Whistleblowing Policy [general application] Vendor Code of Conduct [ for all suppliers and vendors] Code of Business Conduct [for all personnel] Employee Handbook [for all personnel] Board Charter [for our board] Our Code of Business Conduct sets out standards of conduct to govern our behaviour towards our employees, suppliers and customers and sets out the method of reporting unethical conduct. Various internal policies and procedures have been implemented to eradicate or minimise exposure to risks faced in our businesses. Certification of some of our operating subsidiaries under the ISO 9001 standard also demonstrates their abilities to provide products and services that comply and conform with their customers’ and regulatory requirements. In addition, the Group and our people are guided by our corporate shared values of E thical, N oble, R eliable and A ccountable in conducting and establishing a reputation of a responsible business partner with good corporate governance. Business development and expansion In addition to ensuring the growth and expansion of our existing principal activities in property development and in the oil and gas services sector, we continue to explore businesses in other industries or sectors to hedge against the usual challenges in our current businesses such as the cyclical nature of the property and oil and gas industries, sustaining the Group whilst building a track record, capital expenditure requirements, and managing current resources. The general criteria for such diversification includes the ability for new businesses to be self-sustaining in the long run with relatively good growth potential. Business development, expansion and diversification are considered both through mergers and acquisitions and organic growth. Our business development efforts have yielded 5 successfully completed transactions in our FYE 31 March 2018. Employee health, safety and well-being The health, safety and well-being of our people being our valued capital, are of paramount importance to us. We are firmly committed to ensuring compliance with all relevant laws, rules and regulations and seek continuous improvement in occupational safety and health of our employees and those who may be affected by our business activities. To meet this objective, we have a dedicated Quality, Health, Safety and Environment (“QHSE”) Department to monitor and manage all health and safety issues of the Group including compliance with applicable laws, rules and standards. The QHSE Department has devised a series of policies and procedures to guide employees on how to identity safety issues, what to do in the event such safety issue arise and how to report a safety issue. Non-compliance of such policies is considered a major misconduct. SUSTAINABILITY STATEMENT cont’d