Yinson Annual Report 2020

42 Yinson Holdings Berhad SECTION 3 SUSTAINABILITY STATEMENT Sustainability Statement Sustainability is an important value driver for Yinson’s business and operations. We present this year’s Sustainability Statement through the six capitals, as defined by the <IR> Framework. Yinson refreshed our Group-wide sustainability strategies in FYE 2020, following the successful completion of our three-year Sustainability Plan in FYE 2019. The updated strategy focuses on operationalising sustainability, with attention given to environmental, social and governance (“ESG”) factors. Progress on the strategies are reviewed by the Sustainability Committee (“SC”) on a quarterly basis and as required. Given that sustainability is a journey and not a goal, the resulting disclosed themes, initiatives and indicators in this report are intended to increase in scope and depth for future reports. Yinson’s alignment to the United Nations’ Sustainable Development Goals The 17 United Nations’ Sustainable Development Goals (“SDGs”) are a blueprint to achieve a better and more sustainable future for all. As Yinson contributes to all SDGs in varying depths, we have strategically directed our efforts towards SDGs that are most synergistic with our business strategies and goals. We seek to further target our efforts by considering Inter-agency and Expert Group on SDG (IAEG-SDGs) documents. While we are cognisant of the varied possibilities and limitations of SDG alignment, we have identified the following SDGs for our focus: