111 SUSTAINABILITY REVIEW COMMUNITY ENGAGEMENT DEFINITION OF MATERIAL TOPIC Collaboration with local communities where we have operations on social projects that benefit the wider public. MS5 IMPACTS S3 S8 S7 S5 S4 GS1 S1 Why is this topic material to us? Community engagement is vital to establish trust and promote long-term growth. We demonstrate our commitment to creating shared value between Yinson, the community, and the environment by empowering and proactively contributing to our local communities. Maintaining a positive reputation in our local communities is also critical for obtaining our social license to operate. Management approach As an international organisation, Yinson has the capability to make a difference in people’s lives where we operate. Hence, we are committed to function as a responsible corporate citizen. Our CSR activities are guided by two core principles: Environmental Conservation & Preservation and Quality Education. We invest in developing a skilled workforce and preserving the planet as a form of contribution to environmental and social sustainability. A healthy business environment allows us to efficiently operate in the long term. Community engagement also enhances employee satisfaction by providing our staff with a sense of meaningful fulfilment. In line with our two core principles and subject to our CSR Policy & Procedures, our mission is to generate positive economic, environmental, and social impacts in the regions where we operate. This is primarily accomplished through the following pillars in alignment with the UN SDGs: • To promote quality education and effective learning for all (SDGs 3, 4, 5, 7 & 8) • To promote environmental conservation and preservation (SDGs 14 & 15) • To address climate change and its impacts (SDG 13) • To improve and/or build resilient infrastructure (SDGs 7 & 9) Our goal is to create long-term positive outcomes and cultivate shared value between Yinson, the communities and the environment through: • Corporate philanthropy and impact investing; and • Encouragement of active and voluntary employee participation. Every Yinsonite is encouraged to nominate and champion CSR activities within their local communities that create value for all parties. We strategically focus on developing internal programmes and collaborating with like-minded organisations that are aligned with our CSR focus areas including NGOs, collaborators, and society as a whole. A summary of our CSR programmes is available on our website. Scan this QR code to view all Yinson’s CSR activities CHAMPIONING HUMAN RIGHTS & HUMAN CAPITAL DEVELOPMENT
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