EXCEL FORCE MSC BERHAD 21 Sustainability Statement (Cont’d) MARKETPLACE (CONT’D) List of stakeholder Sustainable topic Type of Engagement Frequency Local community • Engaged with local NGOs • Undertake community service to assist under-privileged children • Environment protection • Participation in local community and activities • Sponsorship or donation • On-going • On-going Media • Timely and accurate information • Press release • As required ENVIRONMENT Awareness of and focus on material risks arising from the climate crisis has gained significant momentum over the past few years. Global multi-stakeholder response including public and business sectors gathered pace. Climate and sustainability ambition needs a whole-of-society approach to ensure effective and timely achievement of the desired outcomes, and adept at adapting to a warmer world and its consequences. Stakeholders, including vendors and capital markets regulators, as well as allocators of capital such as investors, bankers and insurers, are demanding increased reporting and disclosure from businesses on environmental initiatives and actions so that informed decisions can be made. Staff and customers reasonably expect businesses to embed sustainability considerations in their business models, to better reflect contemporary priorities. The Group is taking initiative to contribute towards combating climate change and address its impact. Environment Friendly Initiative • To minimize immediate climate related risk and exposure, the Group’s key focus is to ensure its resources (people, equipment, materials) are optimally and efficiently used. When the right work is done and is done right first time, wastages are avoided, e.g. waiting, defect rectification, over processing, unnecessary redundancies, unrequired travel, etc. A positive consequent of this conscious effort is lower energy consumption and lower carbon footprint for the Group contribution in achieving Malaysia’s climate goal under United Nations Sustainable Development Goals. • The Group monitors monthly water and electricity consumption. The aim is to lower consumption through education and building awareness with employees on importance of sustainable use. • The Group applies the concept of 5R (Reduce-Recycle-Reuse-Repurpose-Repair) and encourages responsible environment protection among employees and stakeholders, e.g. maximize use of electronic documentation instead of printing and photocopying to reduce paper usage, repair instead of replacing furniture and fittings, ethical disposal of obsolete electronic equipment and paper recycling. • The Group subscribes to cloud-based services where possible instead of purchasing physical servers. Cloud servers offer several environmental benefits. Cloud service providers have consistently strive to reduce energy consumption, cut down carbon footprint, and shift to greener and smarter equipment. Through pooled sharing of resources, they saved billions of dollars in energy costs and lessen carbon emissions by millions of metric tons. • Promote procurement of energy saving product when evaluating purchase for electronic and office equipment, The Group will look for ways to enhance sustainability measure and disclosure going forward. We will continue to work on the various components in Bursa promoted ESG framework to better manage environmental related risks.
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