18 MSC BERHAD Sustainability is often defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs (Brundtland Commission, 1987). In essence, sustainability is about ensuring our actions today do not deplete resources or damage the environment in a way that harms future generations. It involves a holistic approach that considers the interconnectedness of economic, social, and environmental factors. The Group recognizes the need to adopt sustainable practices within the Group and in interacting with external stakeholders – customers and the industry, suppliers and the upstream value chain, resource provider (people, technology, money), shareholders, government and regulators, economy, environment and community. The Group’s current business growth and future expansion predicated on a clear set of values and codes that governs our behavior and action to achieve sustainable outcome. The Group has formally established Sustainability Committee of the Management (“SCM”) to identify and develop actions to further embed sustainability practices within our business. SCM will update its activities to the Audit Committee and the Board of Directors (“the Board”) on a quarterly basis. The Board has oversight to embed sustainability into the Group and its business strategy, and ensures adequate resources, procedures and processes are in place to manage sustainability matters. This is part of the Group’s preparation to get ready for roll out of National Sustainability Reporting Framework as announced by the Securities Commission in September 2024. The information presented in this report is derived from fiscal year 2024 and includes the companies in the Group. The Sustainability Statement for the Group primarily focuses on operations and management of the economic, environmental and social sustainability. The Group is committed to operate its business in a responsible and sustainable manner and outlines the various practices embedded into Group’s processes with the objective of bringing value to its’ businesses, stakeholders and society in general. WORKPLACE Health and Safety The Group consistently strives to provide a healthy, safe, secure and friendly workplace for employees. They are our most valued asset. The Group encourages employees to maintain a healthy and active lifestyle, and build camaraderie amongst management and employees through regular company sponsored sports activities. In addition, the Group subsidises annual health check-up cost of employees to ensure they take a proactive approach to manage their health and maintain good general well-being. The Group recently purchased an Automated External Defibrillator (“AED”) to increase our readiness in the unlikely event of sudden cardiac arrest emergency. The device is located in a common area accessible by everyone. With AED, lay persons can carry out the exceptional task of saving lives during critical moment, further assuring employees of our focus in safeguarding them. Other actions on ensuring a safe and secure working environment includes: I. Set policies and procedures to promote workplace health and safety and maintain zero accident/injury rate, II. Provide good office security (e.g. access control, CCTV surveillance, security guards etc.), III. Equip office premise with firefighting and fire prevention fitting and equipment (e.g. fire alarms, fire extinguisher, fireproof door, etc.), IV. Participate in periodic fire drill exercises conducted by building management. Labour practices and standards The Group continues to uphold fair labour practices and encourages recruiters to seek out under-represented female candidates whenever there are job vacancies. EForce adopts equal opportunity practices for management and line leadership roles. The Group has zero-tolerance towards bullying, sexual harassment and unethical behavior. There were no ethical misconduct cases reported in the period under review. The Employees Handbook provides guiding principles on the standards of ethics and professional conduct expected of our employees. Compensation and benefits paid to employees comply with all applicable laws, including minimum wage, overtime and legally mandated benefits. The Group does not impose wage deduction as a disciplinary measure. The Group ensures employees have life insurance coverage and are covered with outpatient treatment and hospitalisation insurance in the event of any medical emergencies. Sustainability Statement
RkJQdWJsaXNoZXIy NDgzMzc=