94 AL-SALAM REIT Mapping the Material Sustainability Matters To better reflect the prioritisation of ESG risks and opportunities within its operations, the REIT conducted a comprehensive evaluation and reassessment of its material sustainability matters in FY2021. The newly established Sustainability Framework and the ongoing COVID-19 epidemic served as the basis for this activity. We are maintaining the material matters, as they are still applicable and remain in accordance with Bursa Malaysia’s REIT-specific material matters while we manage the endemic phase of COVID-19. Listed below are the 15 material matters identified during the assessment: Pillars Material Sustainability Matter Description Stakeholders Corresponding SDGs Robust Corporate Governance Regulatory Compliance Efforts to adhere to laws, regulations, guidelines and specifications relevant to business operations. Employees, Investors, Tenants, Regulatory Agencies & Statutory Bodies Risk Management Strategies in managing operational, financial and compliance risks to ensure sustainable long-term growth. Employees, Investors Corporate Governance and Business Ethics Values, principles, standards and norms that are critical towards business sustainability. Employees, Investors, Tenants, Regulatory Agencies & Statutory Bodies Sustainable Trust Fund Financial Performance Strategies in managing financial and operational performance, as well as measuring their effects on stakeholders. Employees, Investors Indirect Economic Impact Strategies in managing the indirect economic impacts of infrastructure investments and the services supported. Tenants, Local Communities Procurement and Supply Chain Management Management of supply chain activities to maximise value for customers and tenants, as well as ensure that products or services provided by suppliers meet the standards and requirements of the Manager. Local Communities, Service Providers & Suppliers, Property/ Service/Maintenance Manager SUSTAINABILITY STATEMENT
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