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  • Our vision for sustainability

    We aim to enhance long term shareholder value with due regard to the environmental, economic, social and governance aspects by being a reliable and adaptable partner to our stakeholders.

  • Together with Yinson, the future is now

  • Solving the global climate issue

    At Yinson, we are determined to do our part in the global movement towards a low-carbon, climate resilient environment. We aim to be carbon neutral by 2030, and net zero by 2050.

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Sustainability principles

We are committed to integrating sustainability strategies into our business and we aim to operationalise our commitment through the following principles.

    • Pollution management

      We strive to avoid contamination of the environments where we operate.

    • Carbon emissions management

      We aim to monitor and manage emissions from our operations.

    • Waste management

      We practise responsible collection, transport, treatment and disposal of all waste under Yinson's control.

    • Energy management

      We endeavour to systematically manage our energy consumption where feasible.

    • Climate Resilence

      We are commited to deliver our climate strategy to drive change towards a low-carbon, climate resilence environment.

ONGOING INITIATIVES

  • Integration of climate considerations into Yinson's Enterprise Risk Management framework
  • Ongoing assessments of our Scope 3 emissions
  • Continuous improvement on ESG disclosures for Annual Report
    • Operational health & safety

      We aspire to improve, if not maintain a high level of workplace health and safety.

    • Employee rights & benefits

      We respect all international human rights standards on employment practices.

    • Anti-discrimination

      We practice equality at all levels, free from any form of discrimination.

    • Training & development

      We have measures in place to improve Group-wide employee skillsets and knowledge capital.

ONGOING INITIATIVES

  • Occupational Health & Safety: Measures to avoid Covid-19 infection and to retain optimal safety performances
  • Launching of Yinson’s SuccessFactors to improve employee engagements
    • Anti-bribery & anti-corruption

      We strive to prevent any form of corruption and/or bribery in all business transactions.

    • Sustainability governance

      We aim to increase robustness of sustainability reporting by adhering to globally established standards and guidelines.

    • Supply chain management

      We seek to embed our sustainability principles in our supply chain management and ensure that our suppliers and subcontractors abide by the Group’s ethical values.

    • Business continuity & performance

      We continuously analyse the evolution of the energy landscape and adopt necessary strategies and measures to ensure the Group’s leadership.

ONGOING INITIATIVES

  • Improve scores of ESG ratings
  • Improve ESG disclosure framework
  • Grow sustainability-linked financing portfolio
  • Enhance ABAC practices against standards of ISO 37001: Anti Bribery Management Systems

Recent ESG achievements

Jul
2023
  • Conferred silver at the Australasian Reporting Awards (ARA) 2023.
  • Recognised as one of Malaysia’s Best Managed Companies 2023 by Deloitte.
  • Secured Gold for Best ESG Programme at Employee Experience Awards 2023 Malaysia.
Jun
2023
  • Launched 30 by 30, Yinson’s flagship sustainability initiative to achieve 30 of its most material targets by 2030.
  • Awarded the ’Most Honoured Company’ in Institutional Investor Research’s 2023 All-Asia Executive Team Rankings.
May
2023
  • Clinched two accolades at the Global Good Governance Awards 2023.
Apr
2023
  • Won Best Corporate Governance Company at the International Finance Awards 2023.
  • Received three awards at the Asia Integrated Reporting Awards 2022.
  • Named as Diversity Champion at the LinkedIn Talent Awards Malaysia 2022 for companies with between 1,000 and 5,000 employees.
Mar
2023
  • Successfully participated in Bursa Malaysia's inaugural carbon credit auction as part of its sustainability efforts to reduce its carbon footprint.
  • Recognised as an ‘ESG Industry Top Rated Company’ by Sustainalytics.
  • Won Diversity Champion category for companies with employee size between 1,000 and 5,000 at the LinkedIn Talent Awards Malaysia 2022.
Feb
2023
  • Awarded the ‘Pioneer Sustainable Development Action Recognition’ at the UN Global Compact Network Malaysia & Brunei (UNGCMYB) Sustainable Performance Awards 2022.
Dec
2022
  • Won Gold for the Best Performing Company in the Energy Sector under the Equities Category at the inaugural The Edge ESG Awards 2022.
  • Committed to United Nations Global Compact (UNGC) on supporting its Ten Principles on human rights, labour, environment and anti-corruption.
  • Received improvement in ESG Risk Rating by Sustainalytics, placing Yinson in the top 2nd percentile of both the energy services industry and the Oil and Gas Equipment subindustry as of December 2022.
Nov
2022
  • Won three awards at The Asset Triple A Islamic Finance Awards 2022, namely, Best Issuers / Advisers - Issuers of the Year (Corporate), Best in Sustainable Finance (Best Sustainability-linked Sukuk), and Best Deals by Country (Best Sustainability-linked Sukuk)

Alignment with the UN Sustainable Development Goals

The 17 Sustainable Development Goals (“SDGs”), otherwise known as the Global Goals adopted by the United Nations, represent a universal call to action towards the creation of a better shared future. Every organisation has a role to play in furthering the individual agendas of each SDG.

At Yinson, UN SDGs are an important consideration for how we set our sustainability targets in line with stakeholders’ expectations. We strategically aligned our corporate efforts towards contributing directly to nine (9) key SDGs across our business units and activities.

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For more information about the SDGs, please visit UN SDGs.

To find out more about our progress towards achieving our goals, please check out our latest Annual Report.

Commitment to support the Ten Principles of UN Global Compact

Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Responsible businesses enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another.

By incorporating the Ten Principles of the UN Global Compact into our strategies, policies and procedures, and establishing a culture of integrity, we not only uphold our basic responsibilities to the people and the planet but also set the stage for long-term success.

  • Human Rights

    1. Businesses should support and respect the protection of internationally proclaimed human rights; and
    2. make sure that they are not complicit in human rights abuses.

  • Labour

    1. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
    2. the elimination of all forms of forced and compulsory labour;
    3. the effective abolition of child labour; and
    4. the elimination of discrimination in respect of employment and occupation.

  • Environment

    1. Businesses should support a precautionary approach to environmental challenges;
    2. undertake initiatives to promote greater environmental responsibility; and
    3. encourage the development and diffusion of environmentally friendly technologies.

  • Anti-Corruption

    1. Businesses should work against corruption in all its forms, including extortion and bribery.

For more information, please visit UN Global Compact.

  • © 2023 Yinson Holdings Berhad 199301004410 (259147-A).
    All rights reserved.
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