SUSTAINABILITY REPORT Cont’d OUR VALUE CREATION MODEL OUR INPUTS FINANCIAL CAPITAL We are guided by strong financial metrics in the form of retained earnings and equity fundings as well as a prudent financial management track record to build a pool of funds to finance our operations and deliver business growth. MANUFACTURED CAPITAL We own an extensive range of highly efficient and reliable assets, such as the smelting, casting, and extrusion facilities. We manage and maintain these assets which allows us to be competitive and meet the changing market and customers’ demand. INTELLECTUAL CAPITAL Our operations are supported by a robust governance structure and backed up by our intellectual properties. Leveraging our intellectual capabilities, we seek to constantly innovate by investing in R&D to drive value creation. HUMAN CAPITAL We recognise our people as the most valuable assets and strive to enhance their capabilities and competencies through continuous training and development programmes. We place emphasis on building a high-performing and innovative workforce that can navigate based on the market for long-term growth. NATURAL CAPITAL Our business model leverages on natural resources to ensure the production of quality products for our customers. We advocate responsible utilisation of natural resources in order to create sustainable value for all stakeholders. SOCIAL & RELATIONSHIP CAPITAL We develop a network of long-lasting and mutually-beneficial relationships with our stakeholders to enhance business growth and improve the well-being of the local communities. Stakeholder engagements allow us to understand their needs and expectations, which builds stakeholder trust and support in our abilities to deliver value far into the future. OUR MANAGEMENT APPROACH Upholding Good Governance and Economic Resilience z Business Ethics and Corporate Governance z Economic Performance z Regulatory Compliance z Product Quality and Customer Satisfaction z Responsible Sourcing z Sustainable Manufacturing z Risk Management z Customer Data Privacy Caring for the Planet z Climate Change z Waste z Material Stewardship z Water and Effluents z Biodiversity MATERIAL MATTERS Midstream Downstream Distribution & Trading Upstream Our Business Activities OUR STRATEGY OUR VALUES Performance Monitoring Sustainability Strategy Business Acumen Quality Excellence Social Responsibility Governance Operations Focused Teamwork Global Outlook Integrated Risk Management ANNUAL REPORT 2022 86
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