Copyright compliance is also essential to our business. Thus, we carefully monitor the usage of contents and actively mitigate any copyright infringement risks. We also continuously educate our people on copyright and licensing issues. We are committed to adhering to data protection as data is a valuable asset to the Group. We have developed a policy for information management which provides guidance to our employees on how to control the usage of and restrict access to our data whenever necessary, in the interest of the Group. Supply Chain Management Supply chain management is critical in facilitating our operations and the Group strives to build long termmutually beneficial relationships with our suppliers. Therefore, we engage with our suppliers in a fair, transparent and ethical manner. We review our suppliers based on, amongst others, price and payment terms, product and service quality, operation scale and their geographical proximity to our facilities. Suppliers who share similar core values with us would be our preferred suppliers. We take all reasonable effort to conduct appropriate evaluations of our potential suppliers. We would regularly check on the supplies received and occasionally, engage other suppliers on a trial basis. This is to promote healthy competition among our suppliers and encourage better performance. One of our procurement practices is to source for materials locally whenever possible. As such, nearly all of our supplies are obtained from the Klang Valley, save and except for products that are not manufactured locally, such as simili paper. This is because we believe in contributing to our local economic growth and sustaining a healthy ecosystem for local players. We find that engaging local partners enhances the Group’s efficiency by allowing us to deal with potential risks that may arise from supply chain disruptions. It also reduces cost of purchasing and compliance, as well as minimises our carbon footprint by reducing emissions related to transportation in the supply chain. CREATING A SUSTAINABLE WORKPLACE Our employees are the core of our existence and our greatest asset. Their skills, dedication and care define the success of the Group. We strive to provide a positive working environment by constantly engaging our people, creating opportunities for their growth and development as well as emphasising the practice of a balanced lifestyle. This is important especially in times of the pandemic, where livelihoods are threatened and job security becomes a key concern for many employees. As such, we have put in place policies and guidelines that help our employees navigate through these uncertain times. In line with the relevant labour laws and regulations, they cover issues relating to compensation and dismissal, recruitment and promotion, working hours, leave, career development, diversity, anti-discrimination and other employee welfare-related matters. Throughout the pandemic, we also engage with our employees on a regular basis to provide updates on the Group’s developments, as well as to motivate them and address any difficulties they may be facing. Diversity and Equal Opportunities At Sasbadi, we recruit our people mainly based on their skills, industry experience and interpersonal skills. We conduct an annual review to evaluate our employees’ progress and competencies in the context of their roles. This will then be taken into account for their salary and promotion appraisals. Aside from the annual reviews, we also adopt an as needed approach when it comes to reviewing their performance so that we may address matters that require immediate attention. We believe our people deserve the opportunity to reach their highest potential and thrive in an inclusive and diverse workplace. We strive to accommodate and provide fair treatment to everyone regardless of their disabilities, gender, age, ethnicity or religion. Approximately 59% of our people fall within the 30 to 50 years old age group, which indicates a mature and experienced workforce. At the same time, we also recruit a group of younger staff, approximately 27% who are below 30 years old to develop their careers and grow with us. Our workforce is made up of mainly non-executives due to the nature of our operations. We strongly believe that gender and ethnicity diversity leads to an improved team performance. In terms of ethnicity distribution, our employee composition comprises Malay; 47%, Chinese; 50%, Indian; 2%, Others; 1%. The gender distribution, as guided by our Gender Diversity Policy of Sasbadi is around 46% male to 54% female employees. Participation of female employees are present across all hierarchical positions in Sasbadi. We encourage the recruitment of local employees as we believe that by providing job opportunities to locals, we are directly contributing to the elevation of Malaysians’ socio-economic status. We are pleased to announce that our workforce is fully made up of Malaysians. We are also proud to announce that there is no reported cases of discrimination or harassment during the FYE 31 August 2022. (continued) SUSTAINABILITY STATEMENT 37 ANNUAL REPORT 2022
RkJQdWJsaXNoZXIy NDgzMzc=