We also ensure that we only deal with contractors and agents who are competent, possess a good track record with respect to compliance with local laws, and meet our ethical standards – and continuously engage them to ensure that they comply with our requirements and comply with local laws. For example, we mandate contractors to ensure competent health and safety o cers at our construction sites in order to ensure relevant laws are complied with – thus preventing any instances of potential bribery to government o cers as a result of non-compliance arising from said laws. We are aware of recent controversies arising from the alleged misuse of political donations in securing commercial advantage. Whilst we do not prohibit political donations by our company and our agents, we discourage political donations, especially if they may lead to the perception of impropriety or give rise to a conflict of interest. Political donations, if any, will be subjected to enhanced scrutiny by senior management and the board. During this reporting year, our company did not make any political donations to any parties. To encourage continuous compliance with our anti-corruption policies and procedures, we conduct training and engagement programs, which include communication of our anti-corruption policies. Our policy is to require formal and comprehensive training for key sta at least once in three years, or when there are significant changes to the compliance environment in which we operate, and during the onboarding of key management personnel – with respect to new hires. Percentage of employees who have received training on anti-corruption by employee category FY2024 FY2023 FY2022 Senior Management Nil Nil 1% Middle Management Nil Nil 4% Executive Nil Nil 15% Non-Executive Nil Nil 17% Besides formal training, we embed anti-corruption awareness through management discussions and reviews of compliance and internal control. This ensures that key sta are aware of and able to mitigate the company’s exposure to a multitude of corruption risks. To ensure that any violation of company policy or non-compliance with the law does not go undetected, we have in place an independent, secure and trusted whistleblowing channel which allows for tipping to be raised anonymously. Whilst we do not prohibit anonymous tipping, we do encourage contact details to be provided to facilitate follow-up and to ensure protection against any detrimental action. In order to promote trust and confidence, we have a strict no-retaliation policy, which o ers protection against any detrimental action – to encourage whistleblowers to come forward. We are also aware of the importance of ensuring confidentiality to protect the whistleblower against detrimental action and in ensuring the integrity of the investigation. We understand the importance of a robust whistleblowing mechanism in preventing any corruption involving our people, our agents and contractors. Our Performance As a result of our commitment, we are pleased to report that for the past 3 years, there have been no confirmed incidents of corruption in the past three years. Consequently, no sta was disciplined or dismissed, and no penalties or fines were paid. Number of confirmed corruption incidents in FY2024, FY2023 and FY2022 Zero However, we are mindful that there will always be room for improvement and will continue to ensure periodic independent assessment of our anti-corruption policy – in line with local requirements. Our senior management and risk management personnel also practice an opendoor policy and welcome any feedback in enhancing our governance and anti-corruption framework. Conclusion As a responsible developer, Tropicana Corporation continues to drive sustainable growth and embed sustainability throughout all facets of our business. Our sustainable commitments are anchored on our ESG pillars - People, Planet & Partnerships. Acknowledging sustainability as an ongoing journey, we are focused on continuously reviewing and adapting our sustainability and risk management practices, as we observe new regulatory requirements introduced by the authorities. 171 SUSTAINABILITY
RkJQdWJsaXNoZXIy NDgzMzc=