WASCO BERHAD 54 SUSTAINABILITY REPORT As an innovative solutions provider in the energy industry, Wasco mainly collaborates with other industry players. These stakeholders play a crucial role in shaping Wasco’s revenue and market presence. Strengthening these relationships allows Wasco to better understand and meet evolving expectations. Engagement Platform & Frequencies of Engagement Issues of Concern Wasco’s Approaches Quality Certification Audits AW • Business growth • Risks and challenges • Customer privacy • Targets, quality and delivery We reinvent technology, pioneer new approaches, and develop end-to-end solutions for greater efficiency and capabilities. Regulatory Site Visits and Audits AW Social Media AW Official Website AW Marketing Events AW Customer Satisfaction Surveys AW CUSTOMERS The government and regulatory bodies establish the legal frameworks that shape the industry and guide Wasco’s operations. Actively engaging with these stakeholders is crucial for ensuring compliance, obtaining necessary approvals, and fostering a supportive business environment. Engagement Platform & Frequencies of Engagement Issues of Concern Wasco’s Approaches Emails/Letters AW • Compliance • Reducing the impact of operations We have established strong sustainability governance to effectively manage risks, ensure compliance, and uphold integrity across all aspects of our operations. Dialogues with the Authorities AW Workshops and Training Organised by the Relevant Regulatory Authorities AW GOVERNMENT & REGULATORS Suppliers and contractors play a vital role in Wasco’s supply chain. Strong collaboration with these partners ensures operational continuity, reinforces Wasco’s reliability, and supports our ability to meet market demands efficiently. Engagement Platform & Frequencies of Engagement Issues of Concern Wasco’s Approaches Negotiations with Vendors/Suppliers AW • Fair procurement • Sustainable supply chain management • Long-term relationship We maintain two-way relationships with suppliers who adhere to our Supplier Code of Conduct. Scope 3 Emissions - Capacity Building & Awareness AW Supplier Periodical Performance Evaluation AW New Vendor Evaluation and Registration AW SUPPLIERS & CONTRACTORS
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