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CORPORATE RESPONSIBILITY STATEMENT
The Group believes that a firm commitment to Corporate Responsibility (“CR”) activities forms the basis of good corporate citizenship and promotes solid corporate governance.
Aligned with the Group’s business strategy, we endeavour to manage our business in a socially responsible manner. We strive to look after not only the interests of our key stakeholders – from shareholders, investors, customers, suppliers and employees – but also to the community where we live, work and play.
Hence, as part of our commitment to CR, the Group – through our Environmental, Social & Governance (ESG) committee – planned various activities during the financial year to bring about a positive impact on the lives of our employees, the community and the environment.
The Workplace
With a constantly growing workforce – and to meet the expectations of our stakeholders – it remains an imperative that the Group invests continuously in our employees. Training programmes, including self-development courses, are conducted regularly to upgrade the skills and improve the competency levels of our employees. Employees are also sent for external courses sponsored by the Group.
We also strive to provide a healthy and safe working environment for our employees. To this extent, employees observe office house rules to ensure a safe and healthy workplace, attend regularly-held health talks to raise awareness on the importance of personal health, and participate in fire and safety drills to ensure that they are well prepared in the event of an emergency or crisis occurring.
Additionally, to further promote good working relationships and to build a strong team spirit among our employees, the Group’s Sports Club actively organises various sports and social activities on their behalf. Weekly classes for yoga, badminton and swimming are held to promote mental, social and physical well-being of all employees.
The Environment
The Group believes it has a moral and social responsibility in contributing towards a greener environment. Through various efforts and initiatives, we constantly improve our operational methods with energy-saving measures in mind, such as operating air-conditioning and electrical appliances on a need-to-use basis, switching off non-essential lighting and equipment during non-operating hours, and generally reducing power consumption for non-mission critical activities.
Furthermore, our ESG committee constantly looks for solutions to reduce the usage of electricity, water, office stationery and other consumables. Monthly utilisation of electricity, water and paper are also monitored on a regular basis to better utilise and maximise such finite resources.
Additionally, the Group regularly organises a ‘Recycling and Waste Management Day’ where employees are educated on the concept of “Reduce, Reuse and Recycle” and its adoption in their daily lives to help reduce environmental pollution levels. Examples include waste segregation according to type for proper recycling and disposal.
To drive the point home, our Logistics Department has adopted several methods to reuse and recycle packaging materials, such as pallets, carton boxes, shrink wraps, plastic bags, scrap paper, and bubble wraps. In 2012, approximately 2,400 units of wooden pallet and 7 tonnes of carton boxes were reused for repackaging purposes while around 7,200 kg of paper and 3,000 kg of plastic wraps were collected for recycling.
The Group remains committed to ensuring a cleaner and greener future. Hence, we plan to explore new areas where we can contribute to a greener environment for all.
The Community
In reaching out to the community in 2012, the Group collaborated with a medical institution to organise a visit to homes for abused, neglected and under-privileged children aged between 5- and 17-years old. During the visit, we provided free physical medical examination, meals and gifts to the children. We also contributed food and basic necessities to these homes to help them meet the daily needs.
Additionally, the Group also collaborated with the National Blood Bank to organise a blood donation programme on our premises. The event was an unmitigated success as we received tremendous support from our employees who participated in full force to do their bit for the community.
Overall, the Group recognises the importance of meeting the environmental and social needs of the Community and will endeavour to take proactive action in relation to our CR activities. Our commitment to the community is a role that we take seriously as a responsible corporate citizen.
The Marketplace
The Group recognises the importance of timely and thorough dissemination of accurate and useful information – relating to our operations – to stakeholders. In this regard, we strictly adhere to the disclosure requirements of Bursa Malaysia Securities Berhad (Bursa Securities) and the Malaysian Accounting Standards Board. In fact, this Annual Report contains comprehensive information pertaining to the Group, while various disclosures on financial results provide stakeholders with the latest financial information on the Group.
Apart from the mandatory public announcements through Bursa Securities, the Group’s website at www.ecsm.com.my provides the public with convenient and timely access to business updates, and financial and non-financial information. Furthermore, stakeholders are able to direct queries to the Group via this website.
In order to provide clear and transparent communications to our stakeholders and the investment community, the Group Managing Director and senior management are directly involved in the Group’s investor relations activities, including regular investor briefings with the research analysts and fund managers.
The objective of our investor relations activities is to develop and promote a positive relationship with all stakeholders – via active two-way communication – and to enhance our stakeholders’ understanding of the Group, and its core businesses and operations, thereby enabling investors to make informed decisions.
The Group will strive to continue improving communications to ensure that we are able to report in a transparent and consistent manner to meet the expectations of our investors.
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