52 DATASONIC GROUP BERHAD SUSTAINABILITY 04 As outlined in our Procurement Policy, we promote the purchasing of products with minimal environmental footprint whenever feasible, and consider the environmental costs associated with full product life cycles, which includes energy use, pollution control, waste reduction, and resource use. Apart from that, we also seek to manage the environmental impact of suppliers by encouraging reporting of relevant environmental information, and through impact reduction initiatives. Socially, Datasonic prioritises protecting human rights throughout our value chain and will not engage in any form of forced or child labour, while working closely with our suppliers to ensure fair labour practices are adopted. We also strive to purchase locally whenever possible to support local businesses and economies. By sourcing our materials, goods, and services locally, we contribute to the growth and development of the communities in which we operate. Our goal is to create a supply chain that is not only efficient and cost-effective, but sustainable in ESG terms too. As we progress, we seek to integrate more ESG-related criteria into our procurement processes. We also intend to update our supplier contracts to include specific requirements related to environmental and social terms to drive accountability. In our yearly assessment of existing and potential vendors, we use a rating system to evaluate their performance. For the year under review, the rating of our suppliers stood at 75.4%. Our Procurement and project team reviews and evaluates the responses, and thereafter engages with suppliers to identify opportunities for improvements, which involves conducting on-site briefing to relevant supplier staff. We also conduct risk assessment regarding environmental and social issues for our existing and potential new suppliers as part of our vendor selection process at Datasonic Manufacturing Sdn. Bhd (“DMSB”). FY2021 FY2022 FY2023 External Provider Assessment rating 77.3% 78.6% 75.4% SUSTAINABILITY REPORT
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