KEY ESG PERFORMANCE INDICATORS KEY CONCERNS: • Transparent Procurement • Process • Business ethics ENGAGEMENT METHODS: • Evaluation & Performance Reviews • Compliance with MACC Act • Procurement Policy OUR RESPONSE: • A representative from DRMSB is present during supplier interviews to ensure adherence to the Manager’s ESG-related policies and regulations Provides essential services and goods for property management and operations Service Providers and Suppliers KEY CONCERNS: • Compliance with Regulations • Labour Practices • Transparency and Disclosure ENGAGEMENT METHODS: • Quarterly compliance report • Announcement, Notification & Reporting • Compliance audit OUR RESPONSE: • Ensure compliance with latest laws and regulations Sets the compliance requirements and legal frameworks Regulatory Agencies and Statutory Bodies KEY CONCERNS: • Corporate Financial Performance • Corporate Governance • Investor Relationship Management • Environmental matters • Safety of assets ENGAGEMENT METHODS: • Annual General Meeting • Corporate website • Annual & quarterly reports • Investor relations briefings • Investment criteria/ policy OUR RESPONSE: • Annual auditing • Uphold good governance practices Influences share prices, liquidity, dividend yields, cost of capital, portfolio strategy and the overall market perception of the REIT Investors Every three years As and when required Ongoing Monthly Quarterly Half-yearly STAKEHOLDER ENGAGEMENT Stakeholders are integral to our business, shaped by and influencing the REIT’s decisions. This interdependence underscores the necessity for transparency and mutual understanding between both parties to establish sustainable business operations. To accomplish this, the Manager frequently engages with key stakeholder groups to develop a deeper understanding of their evolving expectations and needs. Through proactive engagement such as this, it enables timely addressal of concerns and fosters a mutually beneficial, long-term relationship. Yearly LEGEND: 49 SUSTAINABILLITY STATEMENTS 1 2 4 5 6 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023
RkJQdWJsaXNoZXIy NDgzMzc=