24 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 Yinson is committed to our Climate Goals to achieve carbon neutrality by 2030 and net zero emissions by 2050. Our Climate Goals Roadmap and Climate Report outline the strategy and progress towards achieving our Climate Goals. Moving forward, we will continue to work with our business partners, clients, governments, non-governmental organisations (“NGOs”) and industry associations to implement our sustainability agenda. These principles are underpinned by our Core Values, R.O.A.D.S., and align with the United Nations Sustainable Development Goals (“UN SDGs”). The UN SDGs are an important consideration in determining how we set our sustainability targets in line with society’s expectations. We contribute directly to nine SDGs across our business units and map out our activities accordingly, as highlighted throughout this Report. We advocate for and invite businesses across our value chain to do the same, and encourage their contribution to the broader SDGs. YINSON’S ALIGNMENT WITH THE UN SDGs Human Rights Labour Environment Anti-corruption 1 Businesses should support and respect the protection of internationally proclaimed human rights 2 Make sure that they are not complicit in human rights abuses 3 Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining 4 The elimination of all forms of forced and compulsory labour 5 The effective abolition of child labour 6 The elimination of discrimination in respect of employment and occupation 7 Businesses should support a precautionary approach to environmental challenges 8 Undertake initiatives to promote greater environmental responsibility 9 Encourage the development and diffusion of environmentally friendly technologies 10 Businesses should work against corruption in all its forms, including extortion and bribery OUR APPROACH TO SUSTAINABILITY COMMITMENT TO SUPPORTING THE TEN PRINCIPLES OF THE UN GLOBAL COMPACT Yinson believes that corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that meet fundamental responsibilities in the areas of human rights, labour, the environment and anti-corruption. By incorporating the Ten Principles of the UNGC into our strategies, policies and procedures, and establishing a culture of integrity, Yinson not only upholds our basic responsibilities to the people and the planet, but also sets the stage for long-term success.
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