- Objectives
PPB Group Berhad (“PPB”) is a diverse conglomerate that strives for sustainability excellence in its business activities. We integrate sustainability practices into our daily operations and align them with our vision and core values to achieve this objective.
- Scope
The Sustainability Policy (“Policy”) applies to PPB and all of its Malaysian subsidiaries (collectively the “Group”) and is structured upon three pillars: Environment, Human Rights & Labour Practices, and Ethics & Marketplace.
- Principles
- Environment
The Group recognises the importance of environmental protection, climate action and biodiversity conservation for the sustainability of its businesses, and will strive to meet the following commitments:
- Comply with all applicable statutory and regulatory requirements in environmental and biodiversity-related matters;
- Sustain a programme of continual improvement in environmental performance by incorporating suitable monitoring mechanisms and improvement targets on aspects which are material to our operations;
- Integrate the consideration of environmental, climate change and biodiversity concerns and impacts into our decision-making and activities;
- Improve the efficiency of our businesses and operations to minimise operational Greenhouse Gas (“GHG”) emissions;
- Conduct assessments for biodiversity or environmental impacts arising from our operations when required, as well as implement best environmental management practices to reduce or mitigate disturbance to the habitat and wildlife;
- Optimise our manufacturing process to minimise environmental pollution caused by emissions and effluents; and
- Educate and promote environmental and biodiversity awareness among stakeholders.
- Human Rights & Labour Practices
The Group’s human rights policy, which is guided by the principles as expressed in the Universal Declaration of Human Rights, is an extension of our commitment to good workplace practices and encompasses the following set of fundamental principles:
- Non-discrimination
- Fair Employment Conditions
- Health and Safety
- Workplace Security
- Privacy/Data Protection
- No Child or Forced Labour or Human Trafficking
- Community Rights
Other policies that support the Group’s values and commitment to human rights include whistleblower and sexual harassment policies, as well as grievance handling procedures.
Additionally, the Group is committed to delivering superior service, product quality, and customer engagement to best serve our customers’ needs and concerns.
- Ethics & Marketplace
The Group conducts its businesses with the utmost integrity, transparency, and accountability to safeguard the Group’s assets and enhance long-term shareholder value by having the following in place:
- Code of Conduct and Ethics
Employees at all levels and in all subsidiaries are expected to carry out their duties and responsibilities with accountability, honesty, and integrity, and in accordance with the Group’s policies, procedures, and applicable laws and regulations. The Group-wide code defines the fundamental standards of conduct, including personal conduct to maintain a consistent set of values and ethics throughout the Group. In addition to the codes, various Group-wide policies, including anti-corruption and bribery policy, competition law and whistleblower processes, are in place to support them.
- Product Quality, Food Safety, Halal Compliance
The Group seeks to continually enhance the reputation of trust in its brands through its commitment to deliver products of the highest food safety and quality standards. We take the quality and safety of our products very seriously and do not compromise on compliance, safety, and quality in any way.
- Clear and Transparent Labelling
The Group strives to provide accurate and meaningful information on its food products that allows for informed purchasing decisions by consumers. We also adopt ethical marketing practices when communicating the health benefits of our products.
- Supplier Engagement
The Group will engage with agents, suppliers, and contractors to support its sustainability efforts and adhere to minimum environmental, social, and ethics requirements. We will work towards implementing the relevant policies proportionately and appropriately in our supply chain.
- Privacy/Data Protection
The Group respects the confidential personal data of our customers and employees and treats all personal data with integrity.
- Oversight of Policy
The PPB Board (“the Board”) has oversight responsibility to deliver sustainable value to stakeholders through principles, policies, objectives, and strategies of the Group whereby a Sustainability Steering Committee (“SSC”) has been established to assist the Board in its responsibilities.
- Policy review
The Policy will be reviewed and updated as and when necessary, by the SSC for approval by the Board.
The Policy sets out the general principles and guidance, and shall not constitute a ground for any counterparts, stakeholders, third parties etc. to claim against the Group for any liability.
28 February 2023 (Updated)