23 www.excelforce.com.my WATER MANAGEMENT The Group is not a heavy water usage consumer. No tracking of data is required at this moment. DATA PRIVACY AND SECURITY As a leading system and application provider to the stockbroking industry, the Group understands it plays a pivotal role to ensure digital data are always secured and protected. The Group adopts a vigilant and proactive approach in cybersecurity measures, through keeping track of emerging trends and sharing good security practices when coding. The Group has established a Cybersecurity Committee since 2019 to regularly review internal processes and external trends, ensuring our current methodology complies with legal obligations, prevents unauthorized data access and use, and enhances data protection. To stay ahead of security threats, we continuously invest in our security capabilities, including maintaining and enhancing existing technology and timely deployment of software patches and firmware updates. ENVIRONMENT The climate crisis gained significant momentum over the past year, particularly since it is increasingly challenging to keep rising global temperature within 1.5°C. The call to action is now urgently required, with global multi-stakeholder response including public and business sectors. Addressing climate crisis and sustainability ambition needs a whole-of-society approach to ensure effective and timely achievement of the desired outcomes, and adept at adapting to a warmer world and its consequences. Stakeholders, including vendors and capital markets regulators, as well as allocators of capital such as investors, bankers and insurers, are demanding increased reporting and disclosure from businesses on environmental initiatives and actions so that informed decisions can be made. Staff and customers reasonably expect businesses to embed sustainability considerations in their business models, to better reflect contemporary priorities. The Group has implemented the following initiatives in this regard: • To minimize immediate climate related risk and exposure, the Group’s key focus is to ensure its resources (people, equipment, materials) are optimally and efficiently used. When the right work is done and is done right first time, wastages are avoided, e.g. waiting, defect rectification, over processing, unnecessary redundancies, unrequired travel, etc. A positive consequent of this conscious effort is lower energy consumption and lower carbon footprint for the Group, contributing to Malaysia’s climate goal under United Nations Sustainable Development Goals. • The Group applies the concept of 5R (Reduce-Recycle-Reuse-Repurpose-Repair) and encourages responsible environment protection among employees and stakeholders, e.g. maximize use of electronic documentation instead of printing and photocopying to reduce paper usage, repair instead of replacing furniture and fittings, ethical disposal of obsolete electronic equipment and paper recycling. • The Group subscribes to cloud-based services where possible instead of purchasing physical servers. Cloud servers offer several environmental benefits. Cloud service providers have consistently strive to reduce energy consumption, cut down carbon footprint, and shift to greener and smarter equipment. Through pooled sharing of resources, they saved energy costs and lessen carbon emissions by millions of metric tons. Going forward, the Group will look for ways to enhance sustainability measure and disclosure. We will continue to work on the various components in Bursa promoted ESG framework to better manage environmental related risks. Sustainability Statement (cont’d)
RkJQdWJsaXNoZXIy NDgzMzc=