Malayan Cement : Sustainability Report 2022

MY.YTLCEMENT COM.YTLCEMENT	Berhad Cement Malayan
	REPORT SUSTAINABILITY

2022	BUILDING	Malayan Cement Berhad
TOGETHER
Sustainability Report 2022

BUILDING TOGETHER	Malayan Cement Berhad	2022
	Sustainability Report

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Introduction

Helping Malaysia Build Greener

Operating

Sustainably

4 Operating Responsibly

5	Building Capacity &
the Community

6	Others & Appendix

Contents

2022

02 About This Report

1. Managing Director's Message
2. About MCB

1. Business Segments

1. Our Strategic Approach to Sustainability

1. Producing Quality Products that Meet the Standards

1. Offering Low Carbon Products and Solutions

1. Supporting Sustainable Construction
2. Promoting a Circular Economy
3. Customer Relationship Management

1. Climate and Environmental Protection Policy
2. Supporting Biodiversity Management

1. Our Aspiration to Achieve Carbon Neutrality by 2050

1. Our Environmental Performance in FY2022

1. Managing Climate-Related Risks and Opportunities

1. Risk Management and Ethics
2. Compliance

51 Supplier Human Rights Policy

1. Making Health and Safety the Core of our Operations

1. Our People

1. Building Capacity through Knowledge Sharing

1. Community Investment

72 Memberships

72 YTL Cement Seminar Series Conducted during the Reporting Period

BUILDING TOGETHER	Malayan Cement Berhad
	Sustainability Report

About this

Report

This Sustainability Report ("Report") discloses Malayan Cement Berhad's and its subsidiaries' ("MCB") efforts, progress and performance in managing the Environmental, Social and Governance (ESG) aspects of their operations. Through this Report, we endeavour to report issues that are material to MCB and our stakeholders, outlined under four sustainability pillars. These pillars demonstrate how sustainability is incorporated in everything that we do. It demonstrates that throughout the production, manufacturing and trading of cement, clinker, ready-mixed concrete, and other building materials, we strive to embed best practices to advance sustainable development.

YTL Cement, which owns 78.58% (as at 30 June 2022) of MCB, is part of YTL Corporation Berhad ("YTL Group"), a publicly listed company on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia") under the Industrial Products and Services sector. MCB has aligned with, and adopted, YTL Group's policies, guidelines, and practices. This includes matters relating to corporate governance, risk management, and internal control, as well as its code of conduct and business ethics.

Feedback

We welcome comments, thoughts and feedback from our esteemed stakeholders. Kindly address comments and queries to:

Communications Department

Email: [e-mail]

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2022

Reporting Scope

This report covers all the operations of MCB in Malaysia. This includes cement manufacturing, cement grinding, drymix and ready-mixed concrete plants, and aggregate quarries.

Reporting Cycle

Annual

Reporting Period

This Report covers the sustainability performance of MCB from 1 July 2021 to 30 June 2022, unless otherwise specified.

Reference and Guideline

This report has been prepared in accordance with Bursa Malaysia's Main Market Listing Requirements, and the Sustainability Reporting Guide, 2nd Edition. It is our long-term goal to produce reports that incorporate the recommendations of the Global Reporting Initiative (GRI) Standards, and other relevant reporting standards.

External Assurance

We have not sought external assurance for this Report and will consider doing so when our reporting matures over time.

Forward-looking statements

This Report contains forward-looking statements related to MCB's ambition, strategies, plans, and initiatives. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator.

Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, including but not limited to the uncertainties related to the market conditions and the implementation of our plans.

Readers are urged to read this Report and carefully consider the risks, uncertainties, and other factors that affect our business and operations. The information contained in this report is subject to change without notice, and we are not obligated to publicly update or revise forward-looking statements after the date hereof or to reflect the occurrence of anticipated or unanticipated events or circumstances.

References

All references to 'MCB', 'the Company', 'the Group', 'we' and 'our' refer to Malayan Cement Berhad.

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