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Annual Report 2017

53

SUSTAINABILITY

REPORT 2017

Memberships &

associations

• Advancing industry specific

matters with policymakers and

other key stakeholders

Our memberships provide a forum for us to promote and defend

our interests in the broader industry context, to learn from and to

benefit from their contribution.

Further, our participation and membership in various associations

ensures that we stay in touch with current and anticipated

developments.

Suppliers

• Quality control

• Business ethics

• Training & support

• Supply chain transparency

• Sustainability requirements

We require our suppliers to live up to good social and environmental

standards. We also know that our suppliers expect us to conduct

our business fairly and honestly, and establishing trust and long-

term relationships are essential.

Collaborating with suppliers to secure long-term availability of

materials and to pursue future opportunities.

National and local

governments

• Compliance & regulations

• Land issues

• Level ‘playing fields’ for all

sectors

• Local economic development

programmes

• Corporate Responsibility

initiatives

• Licence to operate

• Industry specific matters

We are often a major economic contributor to the local and national

jurisdictions in which we operate. Our tax and other contributions

enable governments to develop and maintain public works, services

and institutions.

We proactively engage the government and regulators on policy

matters at local, provincial and federal levels and provide support

of national agendas.

SUSTAINABILITY GOVERNANCE

During the year, we established an internal Group Sustainability Committee made up of representatives from the Boards of the

Company and its listed subsidiary Fima Corporation Berhad and members of Group management to oversee how the Group’s

sustainability programs support business goals and aspirations, and monitor the progress thereof.