Sustainability Statement
SOCIAL
Occupational Safety and Health
At Coraza, Health and Safety is a key focus area of sustainable development and is our top priority. We recognize the importance of ensuring a safe and healthy workplace for all our stakeholders who do business at our premises. Our goal is to create a safe and conducive environment that increases productivity while safeguarding the wellbeing of all involved.
Post-Covid
As the country progress towards endemic, we have loosened regulations or restrictions and a return to pre-pandemic practices. Despite the loosening of COVID-19 practices, we continue to prioritize the health and safety of our employees and continue to take precautions in the workplace and other settings such as encouraging sick employees to stay home.
Diversity and Inclusion
Coraza is committed to building a workplace culture that reflects its vision and values. Coraza’s vision of “harnessing human potentials, generating stakeholders’ values, and contributing to social development” serves as a guiding principle in creating an inclusive and diverse workforce. Coraza believes that a diverse workforce with people from different backgrounds and perspectives fosters higher engagement and productivity, leading to the emergence
Talent Sourcing and Development
Effective learning and development strategies are essential for enhancing employee retention and organizational capability. At Coraza, we understand the significance of continuous learning and development in achieving sustainable business growth. We are deeply committed to training and upskilling our employees to enhance their skill sets and promote career development. To accomplish this, we have implemented several programs to ensure that our employees receive a comprehensive and structured training experience.
Occupational Safety and Health
At Coraza, Health and Safety is a key focus area of sustainable development and is our top priority. We recognize the importance of ensuring a safe and healthy workplace for all our stakeholders who do business at our premises. Our goal is to create a safe and conducive environment that increases productivity while safeguarding the well-being of all involved.
To ensure that we maintain the highest standards of health and safety, we have implemented policies and procedures in line with the guidelines set by the Department of Occupational Safety and Health. These policies and procedures aim to provide our stakeholders with a clear understanding of our health and safety objectives and how they are to be achieved. Examples of these policies and procedures include our emergency response plan and safe handling procedures. On top of it, we are also certified in ISO 45001:2018
To oversee the implementation of our health and safety policies and procedures, we have established a Safety & Health Committee. This committee comprises representatives from various levels and departments and is responsible for promoting the well-being and safety of our employees, customers, and other stakeholders. The committee regularly review our policies and procedures to ensure their relevance and compliance with SOPs. They also hold discussions with management on issues related to health and safety at workplace.
To support the Safety & Health Committee, we have a Department of Occupational Safety and Health accredited Safety & Health Officer (“SHO”). The Safety Officer monitors incidents related to health and safety and investigates any incidents that occur. A root cause analysis is performed, and corrective actions are proposed and implemented to prevent similar incidents in the future. We also periodically report incidents to the relevant authorities
when applicable.
As part of our initiative to achieve a zero-accident working environment, we prioritize the well-being, health, and safety of all our employees. We conduct Gemba walks and provide personal protective equipment (“PPE”) to enhance the safety of employees. The Gemba walks help identify safety risks and areas for improvement while the PPE is provided to employees involved in production according to their job scope. The PPEs provided are constantly monitored to ensure adequacy and appropriateness based on their area of duty.
Throughout FY 2022, we underwent safety and health related audits by ISO (i.e., ISO 45001:2018), and by customer representatives. These audits provided us with the opportunity to address any weaknesses observed during the review and ensure compliance with regulations and certifications.
We are proud to report that no safety and health-related incident was reported throughout FY 2022. We always follow the guideline by the Department of Occupational Safety and Health (“DOSH”) to prevent any incidents from occurring in the future. We will continue to prioritize health and safety and maintain our commitment to creating a safe and healthy workplace for all our stakeholders.
| Type of Incident | No. of Incident(s) |
|---|---|
| Lost Time Injury (“LTI”) | 0 |
| Medical Treatment Injuries | 0 |
| First Aid | 0 |
| Near Miss | 0 |
| Unsafe Act | 0 |
| Total | 0 |
Post-Covid
As the country progress towards endemic, we have loosened regulations or restrictions and a return to pre-pandemic practices. Despite the loosening of COVID-19 practices, we continue to prioritize the health and safety of our employees and continue to take precautions in the workplace and other settings such as encouraging sick employees to stay home. It is also important to stay informed about the latest COVID-19 developments and guidelines from local health authorities and adjust practices accordingly. Regular communication with employees, stakeholders, and public health officials can help ensure that we are up to date with the latest information and can make informed decisions about our operations.
Overall, the pandemic has highlighted the importance of resilience and adaptability in the workplace, and businesses are likely to continue implementing measures to prioritize health and safety even after the pandemic subsides.
Diversity and Inclusion
Coraza is committed to building a workplace culture that reflects its vision and values. Coraza’s vision of “harnessing human potentials, generating stakeholders’ values, and contributing to social development” serves as a guiding principle in creating an inclusive and diverse workforce. Coraza believes that a diverse workforce with people from different backgrounds and perspectives fosters higher engagement and productivity, leading to the emergence of new insights.
Human Capital Development is a key focus area for Coraza, recognizing that its strength lies in the development of its people. Coraza values and embraces different perspectives, encouraging innovation across all levels. Coraza’s local employees reflect its objective of having a diverse and inclusive workforce, regardless of race and religion, where everyone is treated fairly, and no one is discriminated against.
The chart below showcases the diversified composition of our local employees’ races based on the three (3) main races in Malaysia.
Coraza also recognizes that age should not be a factor in hiring, as it values cognitive diversity and believes that people of different ages and skill sets working together lead to a more collaborative workplace, boosting employee engagement and productivity.
The chart below showcases the composition of our employees’ age group for FY 2022:
Gender balance is a priority for Coraza, and is committed to achieving it across all levels and departments. Coraza acknowledges that achieving gender balance requires more than just hiring more women, and it involves creating a culture that values diversity and encourages all employees to bring their unique perspectives to the table. Coraza provides a supportive environment that encourages career growth and development for all employees, regardless of gender, and promotes gender diversity not only because it is the right thing to do, but also because it contributes to a more equitable and just society.
Gender balance is a priority for Coraza, and is committed to achieving it across all levels and departments. Coraza acknowledges that achieving gender balance requires more than just hiring more women, and it involves creating a culture that values diversity and encourages all employees to bring their unique perspectives to the table. Coraza provides a supportive environment that encourages career growth and development for all employees, regardless of gender, and promotes gender diversity not only because it is the right thing to do, but also because it contributes to a more equitable and just society.
Coraza prioritizes hiring local employees to contribute to the local economic performance and to benefit from their familiarity with the local culture and social landscape. Coraza believes that local hires come with their own networks and their understanding of the economic landscape, and market outlook can open doors to more opportunities. By upholding these values and continuously improving its workplace culture, Coraza aims to create an inclusive and supportive workplace for all.
Talent Sourcing and Development
Effective learning and development strategies are essential for enhancing employee retention and organizational capability. At Coraza, we understand the significance of continuous learning and development in achieving sustainable business growth. We are deeply committed to training and upskilling our employees to enhance their skill sets and promote career development. To accomplish this, we have implemented several programs to ensure that our employees receive a comprehensive and structured training experience.
i)
On board training program
Our onboarding program is designed to integrate new employees into our company culture and equip them with the necessary knowledge and skills to perform their job responsibilities effectively. The program includes a detailed briefing on our vision, mission, and values, policies, organizational structure, safety and health, quality management, and operational management systems.
ii)
Mandatory Training
We have a mandatory training program focused on Health and Safety, which is one of our top priorities. We conduct several training programs related to Health and Safety to create a safe and healthy workplace. For instance, we provide First Aid and Fire Fighting Training to our Emergency Response Team (“ERT”) to give them the knowledge and confidence to manage emergencies effectively.
iii)
Promoting Employment of Local Youth
We are committed in promoting the employment of local youth, investing in the younger generation, and giving them an opportunity to contribute to our long-term growth. We aim to attract young talents by providing a supportive and inclusive culture, career growth and development opportunities, on top of partnering with Kolej Vokasional to recruit skilled talent.
iv)
Quality Forum
We organised a Quality forum with the objective of elevating employees’ perception of quality and aligning their mindset from top to bottom. Our slogan, “Quality starts from you”, “Do it right the first time and every time”, and “The next process is your customer” emphasizes that quality is the responsibility of every employee and not just the quality department or management team.
In conclusion, at Coraza, we believe that investing in our employees’ growth and development is critical to achieving sustainable business growth, retaining top talent, and maintaining a positive company culture. We will continue to provide our employees with the best training and development opportunities to help them achieve their career goals and contribute to the Company’s success.
Employee Benefits & Welfare
We believe that our employees are our most valuable asset. We strive to prioritize their well-being in every way possible. Our commitment to our employees’ well-being starts with the compliance of Malaysia’s labour legislation on top of offering competitive remuneration packages and benefits. However, we also go above and beyond these requirements by offering voluntary benefits that demonstrate our commitment in supporting our employees’ development and well-being.
Employee Engagement & Well-being
At Coraza, we understand that promoting employee engagement and well-being is an essential aspect of our Corporate Social Responsibility (“CSR”) initiatives. We are committed to integrate socially responsible behaviours into every aspect of our business operations, guided by our ethical values and respect for our employees and other stakeholders. To achieve this goal, we have implemented several initiatives to support employees’ engagement and well-being.
Corporate Social Responsibility to the Community
Coraza recognizes that our commitment to CSR goes beyond the workplace. We are committed to make a positive impact in the communities we serve through various corporate social responsibility programs. Our organization remains dedicated in being a responsible corporate citizen and making a positive impact in the communities that we serve, while also fulfilling obligation to our stakeholders.
CONCLUSION
As we move forward, we remain committed in focusing on sustainability matters that have the most significant impact and are most valued by our stakeholders. We will be vigilant in identifying any new material sustainability matters and will take all necessary steps to address them. Our sustainability reporting will be comprehensive and transparent, reflecting our unwavering commitment to sustainability.
Employee Benefits & Welfare
We believe that our employees are our most valuable asset. We strive to prioritize their well-being in every way possible. Our commitment to our employees’ well-being starts with the compliance of Malaysia’s labour legislation on top of offering competitive remuneration packages and benefits. However, we also go above and beyond these requirements by offering voluntary benefits that demonstrate our commitment in supporting our employees’ development and well-being.
We believe that prioritizing the well-being of our employees is critical to create a workplace culture that values and rewards excellence, fosters loyalty, and inspires creativity and innovation. We recognize that our employees are more than just workers; they are individuals with unique talents, aspirations, and needs. Therefore, we strive to create an environment where our employees feel valued, supported, and empowered to reach their full potential.
To achieve this goal, we have implemented a range of initiatives that prioritize our employees’ well-being as tabulated below:
| Statutory Benefits | Leave provision | Employment Benefits |
|---|---|---|
|
|
|
| Employee Welfare Benefits | Facilities |
|---|---|
|
|
These initiatives not only benefit our employees, but they also contribute to our company’s success by promoting a positive and productive work environment. We are committed in providing our employees with the resources and support they need, to thrive personally and professionally.
Employee Engagement & Well-being
At Coraza, we understand that promoting employee engagement and well-being is an essential aspect of our Corporate Social Responsibility (“CSR”) initiatives. We are committed to integrate socially responsible behaviours into every aspect of our business operations, guided by our ethical values and respect for our employees and other stakeholders. To achieve this goal, we have implemented several initiatives to support employees’ engagement and well-being.
i)
Sports Activities
Coraza held two sports events, the “Coraza 9 Sides Soccer Tournament 2022” and the “Malaysia Day Bowling Tournament”, to promote healthy lifestyles and teamwork among employees. The soccer tournament had 108 participants, and the bowling tournament had 150 participants, with employees showing great sportsmanship and camaraderie throughout the events.
ii)
Appreciation Night
We organized an appreciation dinner for our employees to recognize their hard work and dedication. The event aimed to promote engagement and well-being by providing entertainment and activities that allowed employees to bond and socialize. Our commitment in fostering a positive work culture and promoting satisfaction was reflected in the event.
iii)
Recycling campaign
Coraza held an internal competition for employees to create something beautiful out of recyclable materials, promoting sustainability and waste reduction. The initiative demonstrated our commitment to social responsibility, while fostering employee engagement and teamwork.
Corporate Social Responsibility to the Community
Coraza recognizes that our commitment to CSR goes beyond the workplace. We are committed to make a positive impact in the communities we serve through various corporate social responsibility programs. Our organization remains dedicated in being a responsible corporate citizen and making a positive impact in the communities that we serve, while also fulfilling obligation to our stakeholders.
i)
Donation to alleviate hardship
We donated SGD 500 to the Northeast Community Development Council’s outreach program, aiming to assist low-income families in need during the pandemic by defraying their living costs.
ii)
Donation to Educational Institute’s Career Fair
Coraza sponsored RM2,300 for the Innovation Design Engineering Arts (“I.D.E.A”) Fair Career Talk, demonstrating our dedication in supporting education, creativity, and innovation. Three of our skilled engineers participated in the event, sharing knowledge and inspiring students by showcasing our commitment in developing future talents.
iii)
Visit to orphanage during Ramadan Month
During Ramadan, Coraza visited an orphanage and sponsored KFC to break their fast as well as distributing duit raya to the children. This fostered a sense of camaraderie and togetherness.
iv)
Blood donation campaign
We collaborated with the blood bank unit from Hospital Seberang Jaya to organize a CSR activity on Blood Donation. Total 89 employees stepped forward to donate blood, demonstrating their commitment to social responsibility and community engagement.
v)
Beach cleaning activity
Coraza partnered with Majlis Perbandaran Seberang Prai (MPSP) to hold a beach cleaning activity at Pantai Bersih. The objective was to raise awareness on the impact of pollution to the environment and enhance the beach’s aesthetic value for tourists.
CONCLUSION
As we move forward, we remain committed in focusing on sustainability matters that have the most significant impact and are most valued by our stakeholders. We will be vigilant in identifying any new material sustainability matters and will take all necessary steps to address them. Our sustainability reporting will be comprehensive and transparent, reflecting our unwavering commitment to sustainability.
We will continue to engage with our stakeholders and monitor our sustainability performance to ensure that we remain on track to achieve our sustainability goals. We believe that it is our duty to contribute to a more sustainable future for all, and we will explore innovative ways to reduce our environmental impact, promote social responsibility, and drive longterm value for all our stakeholders. Our commitment to sustainability is integral to who we are as a company, and we will continue to work towards building a better future
