STAKEHOLDER ENGAGEMENT As we progress on our sustainability journey, we deeply recognise the role of our stakeholders as an essential element in aligning our approach and performance towards our ESG goals. Through constant, two-way, open and transparent engagements with our stakeholders, we keep abreast of their feedback and expectations while providing crucial communication on our sustainability performance. With input from our stakeholders, we are able to enhance the foundation of our sustainability agenda and business priorities while responding to their needs more effectively, ultimately enabling us to deliver greater long-term value. The stakeholders that we actively engage with include Boards of Directors and Employees, Client and Partners, Shareholders, Investors and Analysts, Government and Regulators, Industry and Business Associations, Supply Chain Partners, Community and Media. For more information on our stakeholders, please refer to Stakeholder Engagement on page 56 of this report. MATERIALITY ASSESSMENT As part of our ongoing efforts to further understand our material issues, our material assessment exercise for this year included the views of our external stakeholders. Interviews and surveys were conducted across a broad set of stakeholders, with an 80% response rate. These engagements helped reaffirm our materiality matrix, highlight strengths and opportunities and call out areas for improvements. In FY2022, we continued to acknowledge our 11 ESG matters as major drivers of our sustainability efforts. As a result of the materiality assessment performed in 2021, the matters included four with economic impact (Business Ethics, Economic Development, Supply Chain Management and Innovation); two with environmental impact (Climate Change and Energy, and Environmental Management); and the remaining five with social impact (Human Rights Assessment, Occupational Health and Safety, Customer Satisfaction, Employment Culture and Local Community). By focusing on these matters, we were able to better manage our stakeholders’ expectations and create long-term value for them in a manner that is consistent with our business strategies and objectives. Furthermore, through the assessment, we also developed a detailed action plans for our four primary material sustainability matters - Human Rights Assessment, Supply Chain Management, Climate Change and Energy, and Environmental Management - which were identified as our immediate focus areas. For these matters, we further elected focus groups, champions and working group members to reinforce our approach in addressing these issues towards meeting our roadmap targets. For more information on these material matters, please refer to Our Material Matters on page 70 of this report. BUSINESS ETHICS We strive to inculcate a culture and belief in our DNA which is anchored on our core values, FIRST – Future Focused; Imagine New Ways; Respect For All; Solutioning Mindset; and True to Our Word. Through these core values, we commit to show Respect for All – where we treat our colleagues and stakeholders with respect and True to Our Word – where we are guided by integrity to build trust. As we strive towards becoming a Technology-Enabled Solutions Company, integrity, ethics and accountability are essential components which we must harness at both the professional and personal levels. Defining our ethical stance also enables us to achieve better brand recognition and growth, improve our customer retention, attract greater talent and establish wider appeal to our stakeholders. With attention on our core values, the BGRC is tasked to provide oversight and guidance, aided by the support of the Risk, Integrity and Compliance Department (“RICD”). The primary role of the RICD is to assist with the management of our Enterprise Risk Management (“ERM”) framework, Business Continuity Management (“BCM”) plan and any other matters that relate to compliance and integrity. In summation, this structure provides adequate governance over the control and execution of our key focus areas. For more information on our focus areas of good business ethics, please refer to the Corporate Integrity and Ethical Business Conduct section on page 246 of this report. SUSTAINABILITY AT UEM EDGENTA p.116 p.117 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 1 2 3 4 5 6 7 8 9 SUSTAINABILITY STATEMENT SUSTAINABILITY AT UEM EDGENTA
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