40 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 GROUP CEO REVIEW DIVERSITY, EQUALITY & INCLUSION IS OUR STRENGTH Yinson is a strong advocate of Diversity, Equality & Inclusion (“DEI”), and we strive to walk the talk in this regard and make this energy transition journey a truly inclusive one. We firmly believe that DEI will help us to make more well-informed and balanced decisions by bringing diverse opinions, experiences, ideas and perspectives to problem-solving. Concurrently, we have no doubt that employees who are valued and respected will be more engaged and motivated to see an organisation’s success. For instance, as a global company, we aim to ‘localise’ our operations as much as possible to be less reliant on expatriates. We also make an active effort to look at important details, such as how we phrase job opportunities in the organisation and shape communications, to ensure there is no bias. Even the composition of various committees is scrutinised to ensure that they are diverse and inclusive. From a gender perspective, our policies are geared towards equal opportunities for all our employees. For example, we have removed barriers to women applying for roles on an FPSO and adapted the accommodation settings to their needs. A highlight of the year was the launch of our first formal employee resource group, Yinson Lean-In – a space where women are empowered and supported to reach their professional and personal goals. The group was launched on International Women’s Day, and activities are championed by Lean-In representatives in our various country offices and their male allies. On the inclusion front, our Singapore office has committed to hiring differently abled persons under an initiative called The Unlimited, in partnership with SG Enable, the focal Singaporean government agency for disability and inclusion. We are looking forward to having our first cohort of differently abled Yinsonites on board in 2023. In terms of diversity, given Yinson’s global footprint, it is incumbent upon us to foster an inclusive environment that will enable the organisation to benefit from an incredible range of diverse ideas, perspectives and leadership skills. This is why we sent five of our young leaders from Brazil, Ghana, Malaysia and Norway to the One Young World 2022 Manchester summit where they met other young leaders from over 190 countries to develop solutions for a better world through more responsible and effective leadership. All in all, we will continue to improve and invest in our DEI policies and practices to continue to support and attract a larger pool of talent capable of excelling at Yinson. INVESTING IN FUTURE TECHNOLOGIES Digitalisation plays a crucial role at Yinson as it empowers strong decision-making across our organisation by placing global, real-time and accurate information at our fingertips, in addition to freeing up our people from tedious and mundane tasks. Digitalisation is also the key to resource efficiency and better safety performance. We have invested significantly in digitalisation across all our business units and functions. This has given us an edge over the competition, as we are able to demonstrate stronger abilities to take on projects and execute them well, efficiently and safely. Additionally, we believe that investing in digitalisation is one of the most effective ways to reduce costs in the long run amid increasing inflationary pressures.
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