115 SECTION 4 SUSTAINABILITY JOURNEY INTEGRATED ANNUAL REPORT 2025 SOCIAL As a global organisation, our success is driven by our people and enabled by the communities we serve. We believe that creating lasting social value is fundamental to building a resilient and successful business for the long term. This chapter outlines our commitment and performance across the two core pillars of our social strategy: • Our People: We are dedicated to fostering a safe, equitable, and thriving work environment where our employees are empowered to develop, grow, and excel. • Our Communities: We are committed to being a responsible corporate citizen and a valued partner, creating meaningful and sustainable impact through strategic initiatives and active engagement of our people. OUR PEOPLE: FOSTERING A SAFE, EQUITABLE, AND THRIVING WORKFORCE Our employees are at the heart of our organisation and are the driving force behind our innovation and operational excellence. We are committed to creating an environment that not only protects their health and safety, but also supports their growth, respects their rights, and celebrates their diversity. This section details our approach to the key pillars of our employee strategy: from our foundational commitment to occupational health and safety, to our initiatives in learning and development, diversity and inclusion, and our unwavering respect for human and labour rights. By investing in our people, we are investing in the long-term success and resilience of Wasco. Occupational Health and Safety The health and safety of our employees, contractors, and everyone affected by our operations is a core value and the foundation of our operational license. We are unwavering in our commitment to achieving “Goal Zero” – an incident-free workplace where everyone returns home safely every day. Our Safety Frameworks This commitment is operationalised through two foundational frameworks: • Wasco’s 12 Non-Compromising Rules: These are a set of clear, simple, and life-saving rules that apply to all employees and contractors. They are focused on managing the highest-risk activities in our operations, such as working at height, lifting operations, and confined space entry. Adherence to these rules is mandatory and non-negotiable. • Wasco’s 5 Safety Principles: These principles guide the daily behaviours and mindset of our workforce, fostering a proactive culture of care and responsibility. They empower our people to be leaders in safety, to intervene when they see risk, and to continuously look for safer ways to work. Together, these frameworks ensure that our commitment to safety is embedded in everything we do, from highrisk operational planning to the everyday decisions of each individual, enabling us to cultivate an engaged and proactive workforce with a strong awareness of risk and personal accountability for safe operations. Our approach is grounded in full compliance with all applicable legislation. In Malaysia, this includes the Occupational Safety and Health Act (“OSHA”) 2022 and the EQA 1974, while in other countries where we operate, we adhere to all applicable local laws, regulations, and recognised industry standards. Safety Governance Our commitment to safety is driven from the highest level. The Group Health, Safety, and Environment (“HSE”) Committee, chaired by our Managing Director/Group CEO, provides dedicated governance for all health and safety matters. This committee, which includes key management representatives, serves as a vital platform for employees and management to collaboratively address safety challenges. It is responsible for reviewing safety performance and risks, assessing the effectiveness of our HSE practices, and ensuring continuous improvement across the Group. The committee provides regular reports on Wasco’s safety performance directly to the Board, ensuring top-level oversight and reinforcing our commitment to a safe and healthy work environment for all. SUSTAINABILITY JOURNEY
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