My EG Services Berhad Annual Report 2020

ANNUAL REPORT 2020 71 Political and governmental decisions are outside the Group’s locus of control and is deemed as an external operating environment factor. However, MYEG can and continues to adopt measures to mitigate all risks arising from this material topic. The following measures have been implemented in FY2020: 1 Active engagement and management of relationships with government officials and regulatory BVUIPSJUJFT BU UIF XPSLJOH BOE NJOJTUFSJBM MFWFMT UP NJUJHBUF QPUFOUJBM DIBOHF JO MFHJTMBUJPO TFF QBHF GPS NPSF JOGPSNBUJPO PO 4UBLFIPMEFS &OHBHFNFOU 2 Remaining apolitical in our dealings with governments and officials and in our public communication to NBOBHF QVCMJD QFSDFQUJPO 3 *NQSPWJOH QSPEVDUT TPMVUJPOT BOE DVTUPNFS FYQFSJFODF UP QSPWJEF CFTU JO DMBTT TFSWJDFT UP NBJOUBJO PVS NBSLFU MFBEFSTIJQ JO F TFSWJDFT BT XFMM BT UP TBGFHVBSE PVS CSBOEJOH BOE MPHPT XIJDI JT NBJOMZ done by maintaining existing IP and trademarks or by applying for new IP only when necessary (see QBHF GPS NPSF JOGPSNBUJPO PO PVS *1 4 .BSLFU EJWFSTJàDBUJPO UP FYQBOE PVS CVTJOFTT PQQPSUVOJUJFT JO WBSJPVT HFPHSBQIJDBM SFHJPOT 5 &OTVSJOH B CBMBODFE BOE EJWFSTJàFE SFWFOVF NJY CFUXFFO F HPWFSONFOU BOE DPNNFSDJBM TFSWJDFT 6 Employing sound ethical business practices aligned with the laws of countries we operate in (see QBHFT UP GPS NPSF JOGPSNBUJPO PO PVS &UIJDBM 8PSL $POEVDU BOE 1PMJDZ TFDUJPO BOE 7 Conducting a comprehensive legal review and due diligence to ascertain the level of risk associated with governmental or legal issues (if any). *O BEEJUJPO UP UIFTF VOJWFSTBM NJUJHBUJPO NFBTVSFT XF BMTP EFWJTFE B NBSLFU CZ NBSLFU BQQSPBDI UP BEESFTTJOH TQFDJàD MFHJTMBUJWF DIBOHFT BOE HPWFSONFOU MBX NBLJOH EFDJTJPOT JO FBDI PG PVS PQFSBUJOH NBSLFUT XIFSF OFDFTTBSZ ': BMTP TBX .:&( UBLJOH UIF MFBE JO EFWFMPQJOH BOE EJTUSJCVUJOH NVMUJQMF IFBMUIDBSF SFMBUFE TFSWJDFT PO CFIBMG PG JUT HPWFSONFOU QBSUOFST BDSPTT UIF SFHJPO JO BO FGGPSU UP DPOUSPM $07*% QBOEFNJD JO UIPTF PQFSBUJOH NBSLFUT Further details are provided in the Management Discussion and Analysis section of this report. In the future, we will continue to lend our industry expertise and organisational resources to aid our government QBSUOFST JO DPOUSPMMJOH UIF TQSFBE PG UIF $07*% WJSVT BOE QSPUFDUJOH UIF XFMGBSF PG UIFJS DJUJ[FOT ETHICAL WORK CONDUCT AND POLICY .:&( DPOUJOVFT UP BEWPDBUF FUIJDBM CVTJOFTT QSJODJQMFT BOE GBJS QSBDUJDFT JO JUT àOBODJBM BOE OPO àOBODJBM EFBMJOHT Therefore, in addition to its ABAC Policy and supply chain governance, the Group has also established the following to further cultivate strong corporate and ethical behaviour within the organisation: Code of Conduct Code of Ethics Code of Business Ethics Defines the expected ethical conduct of MYEG’s employees and intermediaries based on the Group’s core values and principles of integrity and responsibility. /PO %JTDSJNJOBUJPO BOE &RVBM Employment Opportunity Policy Outlines issues related to racial discrimination, sexual harassment and other forms of inequity and prejudice, including revolting and threatening behaviours deemed inappropriate in MYEG’s workplace environment. MATERIALITY MATTERS (CONT’D) SUSTAINABILITY