The responsibility of the Board to promote and embed sustainability in the Group includes overseeing the following: • Stakeholders engagement. • Materiality assessment and identification of sustainability risks and opportunities. • Management of material sustainability risks and opportunities. The Board regularly reviews the strategic direction and progress of operations, taking into account changes in the business, political and communal environment and various risk factors. ⊲ Ethical Business Practices In establishing and maintaining a culture of ethical behaviour and practices, we are committed to uphold the highest standards in corporate governance. To this end, we strive to strictly comply with the principles and guidelines set out in the Malaysian Code on Corporate Governance issued by the Securities Commission Malaysia. Corporate policies are publicly available on the Group’s corporate website and Destini’s employee portal to enhance corporate transparency. As such, an Anti-Bribery and Anti-Corruption Policy as well as a Whistle Blowing Policy are uploaded on our website to provide wider stakeholders including suppliers, contractors, business partners and associates as a guideline to be followed. Our zero-tolerance policy towards bribery and corruption is a testament to our highest commitment to our business ethics. To further reinforce these best practices, we provide an onboarding session on Corporate Liabilities under Section 17A of the MACC act. This training programme guides our employees with the knowledge and in-depth understanding to identify and prevent fraudulent activities, promoting ethical principles and behaviours in their duties. We also require all employees to abide by the policies and our ethical standards as stipulated in our employee handbook. At Destini, the Board and management team are collectively responsible for developing, implementing and maintaining a sound corporate governance system, as good governance promotes well-managed and accountable decision-making at all levels of a business. STAKEHOLDERS ENGAGEMENT We acknowledge that our stakeholders are strong pillars of our growth as they play their roles as advocates, partners, and investors. We maintain communication with our stakeholders through web-based media platforms and printed materials such as our Group’s website, annual reports and other electronic mediums; and physical communication. The engagement process enlightens us on how we could maximise profit while managing the risks that are attached to deploying the resources derived from our environment, making it a win-win situation for both the Group and our stakeholders. Our Group engages with our principal stakeholder groups regularly through various approaches in their respective interest areas and concerns as summarised in the table below. Sustainability Statement SUSTAINABILITY REPORT 44 DESTINI BERHAD ANNUAL REPORT 2022
RkJQdWJsaXNoZXIy NDgzMzc=