Yinson Annual Report 2023

106 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 Additionally, external HSE audits are conducted according to applicable industry standards. YP continues to comply with the ISO standards for which we are certified, while RO adheres to the ISM Code. Internal HSE audits are executed annually across our offices, offshore and marine assets. In the period under review, a total of 41 audits were conducted, of which 22 were internal and 19 were external audits. In addition, six emergency response exercises were conducted. Emergency response initiatives Due to the nature of our business, it is vital to efficiently manage unexpected situations and emergencies to prevent fatalities and injuries, reduce damage to equipment and assets as well as protect the environment and the community. As such, we have in place emergency response programmes that are aligned with our ISO 45001-certified HSE Management System which include the following elements: CHAMPIONING HUMAN RIGHTS & HUMAN CAPITAL DEVELOPMENT Safety Culture Transformation Programme To prevent incidents from escalating, Yinson strives to embed a safety culture across its operations. Since 2015, we have been using pulse surveys to measure and benchmark our safety culture performance against the best performers in the industry. Over the years, our dedication has yielded positive results as we have instilled a high level of safety within our organisation. We will continue to implement the latest methodologies and digital tools to enhance our safety culture and create a conducive workplace. In the financial year under review, we completed eight training sessions on Safety Leadership Behaviours. We conducted our fourth SAYFR safety culture survey, and based on the results we are pleased to report that our safety culture remains in the third quartile. Scan this QR code for more information on how Yinson manages our HSEQ for environmental and project execution excellence Defined situations of hazards and accidents • Establishes relevant risks with corresponding action plans. • Provides structured process, linking specific managerial duties to designated personnel according to the severity of incidents. Emergency response plans • Ensures onsite personnel and head office prepare and respond to all emergencies. • Specifies managerial duties for specific events. • Outlines communication protocols and establishes key personnel responsible for disseminating information to stakeholders. • Site-specific plans also apply to Yinson-controlled sites. Local emergency response teams • Outlines head office’s overall coordination responsibility with base offices providing support to all units. • Specifies a first-line response team tasked with protecting personnel, the environment and our assets. • Ensures drills are conducted in accordance with scheduled activity. • Requires the head office emergency response team to conduct one exercise with each unit per year. Emergency preparedness programmes • Establishes key management positions directly involved with the response teams.

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