strategies employed – risks and opportunities identification Matrix’s management approach on maers pertaining to human and labour rights is firstly to ensure adherence to regulatory requirements; this includes compliance to changes in laws and requirements established authoriঞes/enforcement bodies. This encompasses ensuring compliance on all aspects, with addiঞonal focus or emphasis on aspects of the Group’s operaঞons which may have a higher possibility of human and labour rights infringements or non-compliance i.e. the safety, security and wellbeing of foreign workers working on Matrix’s operaঞonal sites, namely on construcঞon sites. The focus is on ensuring all workers are treated in accordance with the law and are afforded all of their rights and freedoms. This includes rights pertaining to comfortable living quarters, non-excessive working hours, freedom of movement, access to healthcare, freedom to pracঞce their religion, access to grievance mechanisms and more. Matrix is governed by the Malaysian Employment Act 1995 and all relevant labour laws of Malaysia. The Group aligns with the Malaysian Labour Organisaঞon, the Universal Declaraঞon of Human Rights, and the UN Global Compact’s 10 Principles, including human rights, labour, environment, and anঞ-corrupঞon, UN Guiding Principles on Business and Human Rights, Internaঞonal Labour Law, prohibiঞng child and forced labour. Matrix conঞnues to work closely and in full co-operaঞon with relevant government bodies and authoriঞes. All workers employed by Matrix are legally sourced workers. The Group applies the same standard to its supply chains and compliance to labour laws are pre-requisite for tendering and securing contracts with Matrix. In FY2025, no suppliers were censured by the government or faced puniঞve acঞon by Matrix for non-compliance with human and labour rights requirements set by the government. Matrix in FY2025 has not incurred any fines or puniঞve measures from the authoriঞes for human and labour rights non-compliance. MATERIAL TOPIC RISKS AND OPPORTUNITIES TYPE/ NATURE OF/ LIKELIHOOD RISK/ IMPACT SEVERITY AND TIMEFRAMES ISSB AND SASB DISCLOSURES Human and Labour Rights Risks More prevalent to the Group’s construcঞon operaঞons and its supply chains, the focus on ensuring adherence to human rights requirements is towards prevenঞng disrupঞons on site works and the availability to materials and supplies. Conঞnued focus on ensuring compliance is vital towards also prevenঞng fines and other forms of legal acঞon. C/G ST OP RS3 LT IL3 Zero substanঞated complaints received pertaining to infringement of labour rights Opportunities A strong human rights track record enables Matrix to conঞnue having access to workers, especially foreign workers who are primarily hired for work on construcঞon sites. Given the present foreign labour crunch, the ability to ensure a sufficient labour pool supports ঞmely progress of works on sites and ulঞmately, ঞmely compleঞon. ST PS OP LT IL3 99 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 05 VALUE CREATION STRATEGIC REVIEW
RkJQdWJsaXNoZXIy NDgzMzc=