ANNUAL REPORT 2023 101 MATERIALITY MATTERS (cont’d) FY2021 FY2022 FY2023 Number of Interns 17 31 35 Number of MySTEP trainees - 10 - Number of PROTÉGÉ Participants - 5 1 MYEG does not discriminate in hiring based on an individual’s background, social status or education. MYEG is committed to providing opportunities to those from under-privileged backgrounds, poor social status, and a lack of formal education. Employee performance appraisals are also conducted on an annual basis using a new and improved e-Appraisal system. Findings from appraisals are used as the basis to measure employees’ performance and contributions against the underlying expectations, as well as to determine career development paths, promotions, and remuneration adjustments, among others. In addition, the Group also has an internal employee rewards programme that recognises and appreciates excellence and individual performance called The Abdullah Ahmad Awards. HUMAN RIGHTS AND LABOUR STANDARDS Human and labour rights remain a vital part of MYEG’s business operations. Recognising its importance, MYEG is guided by basic human rights principles and the Malaysian Employment Act 1995 and all other relevant labour laws of Malaysia. The Group subscribes to the International Labour Organisation (“ILO”), the Universal Declaration of Human Rights and the UN Global Compact 10 Principles as follows: Human rights, labour, environment and anti-corruption UN Guiding Principles on Business and Human Rights International Labour Law Prohibiting child and forced labour Ensuring non-discrimination and equal opportunity Supporting a harassment-free and violence free workplace Prohibiting retaliation or any form of physical and mental disciplinary practice Respecting worker’s right to freedom of association Other policies followed include MEYG’s Human Rights Policy and the Non-Discrimination and Equal Opportunity Employment Policies. MYEG’s Human Rights Policy sets out the Group’s commitments and relevant guidelines in relation to the overarching commitment to operate and do business in a manner consistent with the principles contained in UN’s Universal Declaration of Human Rights. MYEG has implemented risk assessments for potential and new operations / projects where risk factors are evaluated thoroughly. These factors include labour issues, employee conduct and many more factors which could affect both financial and non-financial performance for MYEG. h t f k ’ i ht t SUSTAINABILITY STATEMENT
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