Wasco Berhad Integrated Annual Report 2023

Sustainability Report Social Wasco’s community investment principles are closely aligned with the goal of enhancing the well-being and development of local communities. By strategically aligning business objectives with community investment, the Group can achieve more favourable outcomes for both itself and the local communities it serves. The focus of community investment centers around a clearly defined purpose: to drive positive transformation. Corporate Social Responsibility Wasco is committed to providing long-term benefits to the community where we operate. In FY2023, we carried out a series of corporate social responsibility (“CSR”) projects at our operations across the globe. CSR Programmes for 2023 Volunteer at Casa Harapan – Wasco Coatings Malaysia Sdn Bhd, Kuantan Maendeleo Programme – Wasco ISOAF, Tanzania School Facilities Upgrade – PT Wasco Engineering Indonesia, Batam Wasco demonstrates its commitment to social responsibility through its volunteer efforts at Casa Harapan, a shelter home managed by the Drugs Intervention Centre Malaysia. Wasco staff actively engage in various tasks aimed at improving the living conditions of the residents. Volunteer activities include cleaning, repairs, and installations such as ceiling fans, piping, doors, and LED lamps. By providing essential maintenance and upgrades to the facility, Wasco contributes to creating a safer and more comfortable environment for the residents of Casa Harapan. This hands-on involvement reflects Wasco’s dedication to supporting local communities and making a positive impact on society. Wasco had taken on a culturally conscious and intentional approach by investing in the living cultural heritage of vilagers in Sojo and Igusule in Tanzania, through functional, artisanal craft. Wasco took initiative to commission, collaborate and procure locally made furniture complete with decorative trimmings from makers in the villages. Traditional craftsmanship’s key advantage lies in its utilisation of natural materials and waste minimization, as artisans efficiently employ every part of the material, in stark contrast as mass production, which Traditional craftsmanship practices not only minimise energy consumption but eliminate harmful emissions, resulting environmental benefits and a reduction in our Carbon footprint. In addition to supporting local artisans, Wasco has initiated a Bicycle Safety Campaign. This campaign aims to enhance road safety by equipping 1000 cyclists with essential safety gear, including side mirrors, dynamo lights, and reflectors. A flagship programme involving the upgrading of school infrastructure, aiming to cultivate secure and enriching learning environment for the children. The infrastructure enhancement including constructing an art studio stage, concreting school yards, building new restrooms, renovating existing facilities, repairing classroom ceilings and providing essential furniture for the schools. Through these efforts, Wasco aims to empower local schools and contribute to the holistic development of the community, ultimately enhancing educational opportunities and outcomes for children in Batam. 75 Wasco Berhad

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