4 / 30
Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
44
Introduction
We define sustainability in a way that brings responsibility and accountability into every activity and process while building a successful
business. Doing business with sustainability in mind is not only a matter of balanced corporate responsibility but also sensible from
a business perspective. We can only retain our competitive edge if we dedicate ourselves to our customers, employees, services, the
environment and local communities where we operate.
As our sustainability practices evolve, we must focus on what’s right for our business. We care deeply about issues such as health
and safety, environmental protection, product quality, resource conservation, support for the communities and returning profits to
our shareholders. By improving the impact of our own operations, enabling sustainable solutions for our customers, and advocating
sustainable business, we believe that we can grow faster and reduce our cost and risk profile. Towards this end, we will continue to work
with our stakeholders and others on common-ground sustainability efforts.
Our business strategy recognises our responsibility to our stakeholders – to deliver shared value and long-term sustainability. Through
responsible actions and behaviours, continuously improving our environmental performance, building trust and ethically operating to
the highest standards of corporate governance and empowering our employees. This approach underlines our conviction creating shared
value for our stakeholders and ourselves contributes to FimaCorp becoming a more successful and sustainable enterprise now and in the
future. And it means having strong governance and oversight that started at the top with the Board of Directors and carried out through
dedicated policies, management systems, teams and senior-level accountabilities.
The following materiality topics across three key pillars – environmental, social and governance were identified as the most material to
the Group, which align well with management focus and priorities.
Our divisions have established sustainability working groups, which today consists of over 16 employees. Their roles are to assess,
measure and report the sustainability performance of their respective operations. Increasing the maturity of internal processes will,
in turn, help in increasing the level of assurance of our sustainability reporting. In addition, we have also engaged an independent
consultant to review our environmental reporting processes.
Environment
Environmental & social
responsibility in our supply chain
• GHG Emissions, Discharges &
Waste Management
• Use of renewable energy and
efficiency of energy use
Social
Building strong and respectful
relationships with stakeholders
Health, Safety & Development of
our employees and communities
• Human & worker’s rights
• Occupational safety & health
• Code of ethics & governance
• Benefits & remunerations
Governance
Governance & Responsible
Business Practices
Operational resource and efficiency
• Accountability & transparency
to stakeholders
• Compliance & regulations