WASCO BERHAD 26 VALUE CREATION MODEL INPUTS OUTPUTS AND MEASURABLE IMPACT OUR MATERIALITY MATTERS F Financial Capital Securing funding from capital providers is instrumental in supporting our business operations, augmenting the cash flow derived from both operational and investment sources. • Market Capitalisation as at December 2024: RM790 million H Human Capital Wasco’s unwavering commitment to nurturing a highly skilled regional workforce underscores our dedication to harnessing human capital as a key driver in achieving our corporate objectives. • 5,854 employees across global operations • Workforce comprises more than 46 nationalities M Manufactured Capital Our state-of-the-art facilities, strategically located around the world, highlight our global capabilities and operational excellence. • Advanced pipe coating and manufacturing facilities • Strategically located fabrication yards in Southeast Asia and the Middle East • Ongoing expansion of existing yards and development of additional facilities I Intellectual Capital Our competitive edge in the energy industry is driven by our strong technical expertise and innovation in niche markets, allowing us to adapt swiftly and lead with confidence. • Proven capabilities in pipe coating, spiral welded steel pipes, and offshore corrosion control • EPC and fabrication solutions for energy infrastructure • Market leadership in biomass energy generation technologies S Social & Relationship Capital We prioritise meaningful engagement with stakeholders and local communities, fostering collaboration, inclusivity, and long-term shared success. • Ongoing community investment projects • Focus on enhancing the social well-being of stakeholders N Natural Capital Our sustainability journey is grounded in the responsible management of natural resources and the commitment to reducing our environmental footprint. • Clear pathway to carbon neutrality • Active participation in environmental stewardship initiatives • Initiatives in renewable energy integration and large-scale reforestation projects GUIDING STAR • Deliver sustainable Return on Capital Employed exceeding 20% • Maintain a prudent capital structure with a Debt/EBITDA ratio of less than 3 • Reward our shareholders with dividend payouts • Foster a workplace culture where every employee is actively engaged in ensuring a safe and injury-free environment, reinforcing our commitment to their well-being and our collective success • Set the standard for environmental responsibility, social impact, and ethical governance, positioning ourselves as an industry leader and a model of responsible corporate citizenship • Continuously develop and strengthen our human capital to drive sustainable growth and innovation • Foster an inclusive and engaging workplace where employees are valued, fairly compensated, and empowered to thrive • Cultivate a data-driven culture powered by digital technologies, data, and streamlined processes — enabling us to derive meaningful insights that drive informed and actionable business decisions 1 2 3 4 5 6 7 8 9 10 11 12 Health, Safety and Environment Product Quality Labour Practices Human Rights Waste Management Training & Development Diversity, Equity and Inclusion Business Ethics Risk Management Product Design Business Model Resilience Energy Management PROFIT PEOPLE DIGITAL SUSTAINABILITY SAFETY
RkJQdWJsaXNoZXIy NDgzMzc=