Aligned with Wasco’s visionary goal of delivering reliable and competitive solutions to the energy sector with net-zero carbon emissions by 2026 for our Scope 1 and Scope 2 emissions, we proudly stand at the forefront of this energy revolution. This strategic narrative delineates key actions and strategies for us to deftly navigate the energy shift towards sustainability while fostering innovation and propelling growth. With a steadfast commitment to our shared vision, bolstered by the support of our dedicated team and the expertise of our Board of Directors, we have successfully integrated, consolidated, and optimised our operations to achieve promising outcomes. By setting clear objectives and fostering collaborative efforts, we have accomplished our first-year milestones as planned. Guided by four fundamental pillars that underpin our corporate philosophy and strategic vision, namely Safety, People, Sustainability, and Profit, we reaffirm our commitment to excellence, innovation, and responsibility in all facets of our business operations. These pillars serve as the cornerstone of Wasco’s vision for the future, encapsulating core values that drive our decisions, actions, and aspirations as an organisation. Last year, we announced the retirement of Chan Cheu Leong and the appointment of Gian Carlo Maccagno as the new Managing Director/Group CEO. This transition in leadership and accompanied by the roll-out of a comprehensive transformation plan marked the beginning of a transformative journey. Significant progress has been achieved across all areas of growth, driven by strategic initiatives aimed at strengthening our core operations, exploring new market opportunities, and enhancing our overall competitiveness. Chairman and Managing Director/ Group CEO’s Statement 29 Wasco Berhad
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