• Continuously support our stakeholders’ sustainability initiatives, in both the upstream and downstream channels of our supply chain • Improve resource efficiency by way of sustainable consumption and production throughout our supply chain, from design through to operations • Include sustainable alternatives in our development of new products and operating processes to reduce the consumption of natural resources whenever possible • Minimise waste during production activities and incorporate recycling practices • Develop measures to monitor and evaluate our Health, Safety, Environmental and Quality performance data, employee development methods, customer satisfaction and our financial performance • Promote philanthropic actions and behaviour amongst Sasbadi’s employees to instil a sustainable mindset and promote harmonious living Sasbadi Holdings Berhad (“Sasbadi” or “the Group”) hereby presents our Sustainability Statement which outlines our commitment towards being a sustainable organisation and our endeavours to continuously improve across the three pillars of sustainability, i.e. Economic, Environmental and Social (“EES”). SCOPE, REPORTING BOUNDARY AND FRAMEWORK This statement covers the Group’s efforts and initiatives undertaken within our financial year ended (“FYE”) 31 August 2022, from 1 September 2021 to 31 August 2022, with prior periods provided for comparison where applicable. The disclosures within this statement are based on the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) on sustainability disclosure and the Sustainability Reporting Guide. Unless otherwise stated, this statement covers the overall EES performance for all the operating divisions of Sasbadi, all of which are located in the Klang Valley. There are no changes to the reporting boundary as compared to the previous financial year. This statement is to be read in conjunction with the rest of Sasbadi’s Annual Report FYE 31 August 2022, which further highlights our corporate governance, risk management and internal controls as well as other financial and non-financial aspects of our operations. SUSTAINABILITY STRATEGY The strategy put in place revolves around our vision of becoming a total education solutions provider. As our operations impact not only the local economy but also the environment and society at large, sustainability has become an integral part of us where our stakeholders’ interests are placed at the heart of our business. The following serves as a guide for the sustainable growth of our business: GOVERNANCE STRUCTURE The Board of Directors (“BOD”) leads the Group in managing sustainability matters relating to our business operations. They are responsible for the Group’s sustainability structure as well as in scrutinising, reviewing and approving the Group’s overall sustainability progress, effort and plans. They are supported by the Executive Directors (including the Group Managing Director) (“EDs”) who are responsible for the development and recommendation of sustainable objectives and strategies to the Board. The EDs will also oversee and monitor the performance of these sustainability strategies, which are carried out by members of the senior management team (collectively known as “Management”) and external advisers, if required. Management, comprising representatives from various business functions, are responsible in the identification, implementation, management and reporting of the approved sustainability initiatives across the Group. 6 5 4 3 2 1 33 ANNUAL REPORT 2022 SUSTAINABILITY STATEMENT (continued)
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