SUSTAINABILITY REPORT Cont’d Our unwavering commitment to excellence in all areas of our operations has been the foundation of our continued success. We strive to provide innovative, reliable, and cost-effective solutions that meet the highest quality standards, leading to improved customer satisfaction and financial performance. We uphold the highest standards of integrity, honesty, and ethical behaviour, creating lasting relationships with our customers, employees, and other stakeholders that drive growth and long-term success for our business and partners. Memberships and Associations Press Metal engages in both domestic and international industry associations to gain access to industry practices and insights on emerging trends and developments. By staying informed with the industry’s evolving needs, we can benchmark ourselves against our peers and industry standards, which enable us to formulate relevant and resilient strategies to seize opportunities and tackle the aluminium industry’s challenges, including those related to climate change and human rights. Our participation in industry associations is guided by the principles outlined in our Industry Association Participation Principles. For more information on Press Metal’s Industry Association Participation Principles, you may visit our website at https://www.pressmetal.com/investor-relations/corporate-governance.php. Below are the associations the Group is a member or a participant of: Aluminium Stewardship Initiative The ASI is a multi-stakeholder initiative that promotes maximising the contribution of aluminium through responsible production, sourcing and stewardship. The ASI aims to also address sustainability challenges in the aluminium value chain and fosters greater transparency through its ASI Performance Standard and Chain of Custody. United Nations Global Compact The United Nations Global Compact (“UNGC”) is a voluntary initiative launched by the United Nations to encourage businesses and organisations worldwide to adopt sustainable and socially responsible policies and to report on their implementation. It provides a framework for companies to align their strategies and operations with ten (10) principles in the areas of human rights, labour, environment and anti-corruption. By joining the Global Compact, Press Metal commits to implementing these principles and submits an annual Communication on Progress to the UNGC. British Malaysian Chamber of Commerce The British Malaysian Chamber of Commerce (“BMCC”) is one of Malaysia’s top networking chambers in providing Malaysian businesses with networking, knowledge exchange, bilateral trading assistance and support. Press Metal expressed commitment to support the BMCC’s endeavour to raise awareness for climate change by endorsing the BMCC’s Climate Action Pledge. ANNUAL REPORT 2022 84
RkJQdWJsaXNoZXIy NDgzMzc=