MATERIALITY MATTERS (cont’d) SUSTAINABILITY STATEMENT HUMAN RIGHTS AND LABOUR STANDARDS Human and labour rights are a vital part of MYEG’s business operations. Recognising its importance, MYEG is guided by basic human rights principles and the Malaysian Employment Act (1955) and all other relevant labour laws of Malaysia. The Group subscribes to the International Labour Organisation (“ILO”) and the Universal Declaration of Human Rights and also the UN Global Compact 10 Principles as follows: r Human rights, labour, environment and anti-corruption r UN Guiding Principles on Business and Human Rights r International Labour Law r Prohibiting child and forced labour r Ensuring non-discrimination and equal opportunity r Supporting a harassment-free and violence free workplace r Prohibiting retaliation or any form of physical and mental disciplinary practice r Respecting worker’s right to freedom of association Other policies we follow include the Human Rights Policy and Non-Discrimination and Equal Opportunity Employment Policies. MYEG has implemented risk assessments for potential and new operations / projects, where risk factors are evaluated thoroughly. These factors include labour issues, employee conduct and many other factors that could affect both the financial and non-financial performance of MYEG. At MYEG, we have a strict policy against any discrimination in the work place. Anyone found in breach of these policies will be severely punished for their actions, which may include warnings, suspensions, and in extreme cases, contract termination. This includes discrimination based on race, religion, disabilities, age, gender, background, nationality, pregnancy and any other potential discriminatory topics. Discrimination has no place in our workplace environment and should definitely not impact one’s ability to gain promotion or overall career progress. MYEG handles any complaints about discrimination with confidentiality and care, whilst also providing one-to-one coaching to supervisors and managers on how to respond to discriminatory acts. All workers must be granted their basic human rights such as access to employee benefits, medical care, freedom of association and paid a fair wage. MYEG’s whistleblowing mechanism functions as a grievance mechanism for any worker or party to whistleblow on any incident or non-compliance to human rights provisions. MYEG keeps its employees updated on the latest policies by placing posters in common areas, updating the employee handbook, and sending any changes or updates on policies via e-mail. Digital communication channels, such as online briefings, trainings and communications, are also used to create awareness of bullying and harassment. The shift towards using these forms of communication was enacted since the COVID-19 pandemic and continues to be implemented alongside physical initiatives. MYEG observes a clear zero-tolerance stance when it comes to these issues of bullying, harassment, and unacceptable behaviour and always does its best to prevent any cases from occurring. Anyone found in breach of these policies will be severely punished for their actions, which may include warnings, suspensions, and in extreme cases, contract termination. Discrimination has no place in our workplace environment and should not impact one’s ability to gain promotion or overall career progress. MYEG believes that our approach to human rights should be shared by all levels of our supply chain. We would not continue business with anyone found to be lacking in any of these departments. All business associates are required to complete an acknowledgement and declaration form to demonstrate their agreement to comply with the Code of Business Ethics that MYEG has established. Our Code of Business Ethics sets out the standards of ethical business practices and conduct that the Group expects from all business associates of the Group, including but not limited to service providers, suppliers, business partners, joint venture entities and partners, associate companies, distributors, consultants, contractors, agents, and any thirdparty performing services for or on behalf of the Group. 97
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