2020 UEM Edgenta Annual Report

SUSTAINABILITY GOVERNANCE Sustainability at UEM Edgenta is overseen by our Board of Directors who uphold the highest principles of integrity, transparency and accountability in setting our strategic direction and ensuring sustainability is embedded in all aspects of our operations. Concurrently, our management incorporates sustainability considerations in daily decision-making, as well as in developing and executing strategies. The principles of ESG are enshrined in our core values, FIRST, in which we commit to ‘treating our colleagues and stakeholders with respect’. SUSTAINABILITY INITIATIVES The following sections in the subsequent pages disclose the sustainability activities we conducted during the year, in accordance with our categorisation under ESG. MATERIAL MATTERS Our sustainability efforts are driven by 11 material matters that have been identified by our management. By focusing on these matters, we are able to better manage our stakeholders’ expectations and create long-term value for them in a manner that is consistent with our business strategies and objectives. In the following pages, we disclose our approach to 10 of the material matters, as one of them – ‘Technology-based Operational Excellence’ is sufficiently explained in the main section of this integrated report. We describe initiatives undertaken to build sustainable value and outcomes. Underlining our commitment towards sustainability, the material matters have been categorised under the three ESG pillars. For more information on these material matters, please refer to ‘Our Material Matters’ on pages 64 to 69 of this report. We are committed to the development of a circular economy through our various services as we believe the systemic approach will significantly impact businesses, society and the environment. We aim to become a climate-positive company and to achieve this, we will continue to promote the use of renewable energy and adopt a disciplined approach to monitor and reduce our emissions. We share our commitment towards becoming climate-positive with our employees, clients, partners and suppliers through driving resource efficiency and empowering them with cutting-edge technologies to improve operational and energy efficiencies. Our environmentally-conscious consumption practices through minimising single-use plastics and striving for excellence in waste management is part of our zero waste target across our operations, as well as other relevant areas of our value chain. environmental We take the view that all the services that we provide should ultimately benefit people and the communities we operate in. In extending our social impact outreach, we engage in various philanthropic activities and programmes that leave a meaningful imprint on society. HSSE remains crucial to our operations. In our relentless pursuit to achieve a ‘Goal Zero’ culture through HSSE leadership, we strive to strengthen our safety culture with a strong focus on caring for people and ensuring leadership commitment. Our pioneering efforts in employing technology and mechanisation in delivering our solutions is a key focus to inspire valuable and sustainable outcomes. Our emphasis in science, technology, engineering and mathematics, as well as advancing efforts in digitising our operations through data engineering and Artificial Intelligence reflect our core philosophy in employing new approaches to achieve our sustainable goals. social Having orderly checks and balances to ensure that our operations are effective, ethical and have the interests of our stakeholders in mind are essential in instilling good governance. Hence, we place great importance to having effective Board of Directors drawn from a good mix of industry experts, with relevant industry experiences and possessing objective mindsets. Our Board ensures that we create an ethos of integrity and accountability, and that good governance practices are upheld at all times as we continue to create value for our broad range of stakeholders. Our sustainability efforts today are guided by the UNSDGs. We have identified four UNSDGs that have material impact on our businesses and stakeholders: governance Guided by these UNSDGs, we will constantly strive to care for all our stakeholders, delivering assurance and peace of mind. We envision becoming an industry leader with sustainability as our hallmark of excellence and corporate citizenry, building positive and impactful relationships for the long-term. Good health & well-being Gender equality Decent work & economic growth Industry, innovation and infrastructure ANNUAL REPORT 2020 151 1 2 3 4 5 6 7 8