Moving forward, the Group will continue to expand its customer base in order to strengthen our market position coupled with expansion plans for revenue growth. The Group is currently focused on allocating the Group’s resources to enhance and expand its core business. To achieve sustainability in the long run, the Group opined that other diversification shall also be ventured into to enhance its financial performance and shareholder’s value in the future. ⊲ Suppliers In ensuring an efficient and smooth operation within our organisation, the Group constantly relies on the support of our dependable suppliers and vendors. Throughout our operating history, our procurement practices have been structured and carried out in a fair and consistent manner in which suppliers can engage us impartially while fulfilling our requirements. We operate a procurement function which provides guidance and strategic direction to a network of procurement specialists. In addition, we have an allencompassing approach to maximise value creation by reducing supply chain costs, improving transactional processes, maintaining long term relationship with suppliers, complying with laws and regulations and enhancing efficiency, while providing sustainable fit for purpose solutions. This approach is embodied throughout the procurement function which has a common vision to deliver excellence in procurement practice through the operational effectiveness, cross-functional collaboration and savings transparency. All procurement activities are guided by our documented procedure as prescribed by the ISO 9001:2015 Quality Management System to ensure that our suppliers comply with our purchase material specifications and satisfy our production requirements. To ensure the compliance practices of our suppliers, we evaluate the performance of our suppliers on a biannual basis in terms of the quality of products and services, pricing, delivery and product safety criteria. Environment ⊲ Operations We understand the significance of responsible environmental practices for the long-term viability of the Group and are committed to mitigating the adverse impact of our operations on the environment. At Destini, we strive to operate in accordance with the applicable environmental regulations of where we operate. Joining many parts of the world in bracing for more severe climate change impacts and actively gearing up our adaptation and mitigation measures, Destini has taken part in environmental initiatives and incorporated several carbon avoidance measures during the financial year to help reduce our emissions and conserve our environment: Our standard operating procedures for environmental management include: • Preserving, conserving, minimising wastage of resources and ensuring that the work environment is free from pollution hazards; • Complying with all acts, rules, regulations and orders of the Department of Environment; and • Communicating clearly to all employees, customers and suppliers to instil in them the environmental awareness culture and values of our Group. ⊲ Waste Management We recognise the importance of environmental protection for the long-term sustainability of our business. The Group substantially invests to comply with environmental legislation, optimise cost and manage its waste management practices across all business operations. We have scheduled disposal of hazardous waste such as chemicals that requires special handling pursuant to the Environmental Quality Act, 1974 and the Environmental Quality (Scheduled Wastes) Regulations, 2005. The waste is managed responsibly to minimise the risk of unintended contact by the Group’s employees and those handling the waste disposal. SUSTAINABILITY REPORT 49 ANNUAL REPORT 2022 DESTINI BERHAD
RkJQdWJsaXNoZXIy NDgzMzc=