Yinson Annual Report 2020

69 Annual Report 2020 MANUFACTURED FINANCIAL NATURAL SOCIAL & RELATIONSHIPS HUMAN ORGANISATIONAL organisational CAPITAL Our Organisational Capital consists of the structures that help employees – and thereby the business – become more productive. We believe excellence in organisational capital is a differentiator that can give Yinson a competitive edge. We measure the success of our Organisational Capital by looking at our progress in the following areas: Governance Organisational structure Business systems and processes Company culture and communication Governance GOALS SET FOR FYE 2020 PROGRESS GOALS SET FOR FYE 2021 Review and strengthen Group- level governance • Several policies updated, reviewed and approved by the Board • Group-wide training on policies achieved target • Human and Labour Rights Policy developed and approved • Enhanced Whistleblowing Policy and Procedure • Set up Personal Data Protection organisational structure • Achievement of ISO 45001:2018 certification • Achievement of ISO 37001:2016 certification • Enhance vendor assessment criteria on environmental and social indicators • Train and mobilise Data Protection Officers (“DPOs”) to drive Personal Data Protection on a local level • Implement HLR Policy • Establish and implement Information Security Policy Strengthen sustainability governance and reporting • Obtained ESG Ratings from MSCI and Sustainalytics • Revised Sustainability Policy Strengthen experience and effectiveness of our Board • Appointed two new Board members, bringing greater diversity and experience • Redesignation of Board member • Execute training programme for Board members Review and strengthen Group-level governance Our international presence and diversity of business operations require that we adhere to various international standards, qualifications and certifications. We aim to go above and beyond in our compliance with these frameworks and integrate responsible practices in all our business activities. As a testament of our strong CG, we have been included in Bursa Malaysia’s Green Lane Policy, whereby our corporate announcements enjoy a more efficient time-to-market process.