INTRODUCTION

The purpose of the Sustainability Policy (“the Policy”) is to establish the objectives and guidelines for Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or “the Company”) and its subsidiary companies (collectively referred to as the “KPS Berhad Group” or “the Group”) with regards to Sustainability-related matters.

PURPOSE

As a public listed company, KPS Berhad is committed to ethical governance, environmental stewardship, and social responsibility. KPS Berhad shall strive for the following objectives, which include:

• Aiming to be a responsible corporate citizen.
• Create long-term value for all its stakeholders via sustainable development practices.
• Promoting sustainable business and practices.
• Limiting the negative impact of our business to the environment.
• Address the sustainability-related risks and opportunities in achieving business and operational excellence.

SCOPE

The Sustainability Policy shall apply to all the Board of Directors and employees of the KPS Berhad Group. 

GUIDING PRINCIPLES

In formulating the Policy, the Group has considered the best practice for sustainability reporting guidelines as stated in Paragraph 6.0, Part III of Practice Note 9 of the Bursa Malaysia Securities Berhad (“Bursa Securities") Main Market Listing Requirements (“MMLR”), Code of Business Ethics, Delegation of Authority and Limit of Authority Policy, Anti-Bribery and Corruption Policy, and any other relevant internal policies and procedures documents adopted by KPS Berhad.

ASPECTS