We recognise the importance of environmental protection for the long term sustainability of our businesses. Our materiality assessment in 2016 showed that the most immediate issues within our own operations relate to resource use and the impact of this use – particularly water and energy, and the waste generated from our operations. We mainly operate in industrialised zones and urban areas, primarily in the Klang Valley, Malaysia and our activities have relatively little direct impact on biodiversity. Our most significant action points therefore target the reduction of our climate impacts through minimising our carbon footprint and energy consumption, reducing our water impact and improving waste management.
One of the major sustainability issues faced by all industry sectors in Malaysia today is the recruitment and retention of employees – from unskilled workers to highly skilled professionals. Our approach to this challenge includes focusing on creating and maintaining safe and enjoyable workplaces, and an engaging and supportive culture to empower talented individuals to succeed.
The Group employs slightly more than 6,000 people, of whom two thirds are permanent full-time employees. Our cinemas division accounts for the highest proportion of workers (38% of the Group’s total workforce), of which more than half are on a part-time basis.
Marketplace impacts, including governance and ethics, are of high material importance to both the Group and its stakeholders.
Code of Conduct and Ethics
The Group is committed to conducting its businesses in compliance with local laws and regulations and with utmost integrity, transparency and accountability. A code of conduct and ethics, which is included in both our Group employee handbooks and on our website — www.ppbgroup.com — sets out the standards of conduct and personal behaviour our directors and employees are required to observe to ensure that the Group’s commitment is upheld.
CSR Task Force
We see ourselves as a force for good in the communities where we operate. Local wealth creation is identified as an important material issue for the Group and we are committed to balancing our business needs with support for community growth and well-being. In this, we have taken a more strategic approach to planning and delivering community investment programmes that are closely linked to our businesses and areas of operation.
Our Sustainability Steering Committee (“SSC”) is responsible for overseeing the Group’s community investments. To assist the SSC in devising strategies and reviewing, managing, implementing and tracking our community investment programmes, a CSR Task Force comprising representatives from PPB’s Head Office and the subsidiaries was set up in 2017. Our Group community investment strategy which comprises three pillars – Social, Environmental, and Arts and Culture – supports youth education and development, living skills and standards enhancement, environmental awareness and health activities, amongst others. In 2019, the SSC and CSR Task Force each met twice. For the same period, the Group spent a total of RM1,006,272/- on community investment/CSR projects, of which RM541,770/- were contributions to registered NGOs. The various divisions under the Group also jointly contributed a total of RM20 million towards the establishment of the PPB50 Fund to alleviate poverty through education by carrying out education-related projects. During the same year, the PPB-KF Welfare Fund for Perlis and PPB50 Fund disbursed a combined total of RM1,030,029/-.