Sustainability Report Contractors, subcontractors and third parties are subject to corruption and bribery risk assessments and must declare they are not involved in any misconduct or corrupt, unethical and illegal behaviour. Wasco communicates its anti-corruption policy clearly to these intermediaries. Communicating our Company’s position on anti-bribery and corruption to all stakeholders • Employees are given an introduction to our anti-bribery and corruption policy upon joining the Company. • Each employee must sign the ABC Personnel Declaration and return to the Human Resources Department. • Employees are reminded of our Company’s opposition to corruption during regular engagement sessions and training via iLearn • The anti-corruption policy is also communicated to suppliers, contractors, subcontractors, agents, joint venture companies and third parties. The Group also screens new and existing business partners for corruption and bribery, which is part of due diligence in Wasco’s compliance requirements. Business books and records reflect all business dealings accurately and transparently. Wasco introduced monitoring and enforcement procedures to ensure compliance with anti-corruption laws in Malaysia. Wasco did not make any political contributions in 2023 (RM0). No major disciplinary cases were reported for corrupt practices that resulted in employees’ dismissal. There were no instances of corruption-related violations with our business associates. We have received zero fines and penalties from the authorities during the recent years and reporting period, which demonstrates the effectiveness of our stringent anti-corruption policies and practices. Whistleblowing Wasco’s whistleblowing policy applies to all employees and external parties who have business relationships with the Group. Our Whistleblowing Policy is aligned with the ISO 37001:2016 Clause 8.9 Raising Concern. Individuals raising concerns or reporting possible violations of the Code of Conduct in good faith are: • Protected from any forms of retaliation; and • Treated with the utmost confidentiality. Whistle-blowers are encouraged to raise their concerns and report to the Group Chief Executive Officer, Gian Carlo Maccagno or to the Chairman of Audit Committee, Datin Wan Daneena Liza Binti Wan Abdul Rahman, confidentially. Senior officers have been trained to handle these reports, corruption, harassment, bribery, financial irregularity and other offences. 61 Wasco Berhad
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