Home > Sustainability > Sustainability Pillars and Policies

Our overall sustainability approach and priorities are built on five pillars, namely The Business, Human Capital, The Environment, The Community and Value Chain. Each pillar is supported by corporate policies, leadership at the company level and collective efforts across its businesses. These five pillars guide the company in integrating sustainability across all our operations. We have policies, procedures and guidelines in place to support management in addressing material sustainability issues.

Sustainability Pillars and Policies

The Business

  • Enhance long-term return for its shareholders.
  • Focus on sustainable development of its businesses and the communities it operates in.
  • Comply with all relevant and applicable laws and regulations within its operational frameworks.
  • Conduct business with uncompromising integrity.
  • Safeguard against unfair business practices.
  • Achieve a high standard of corporate governance and emphasise a quality board, sound internal control, transparency and accountability to all stakeholders.

Human Capital

  • Uphold a high standard of business ethics and personal conduct of its employees.
  • Adhere to non-discriminatory employment practices and procedures.
  • Provide a safe workplace for all its employees and a positive work environment that values the wide-ranging perspectives inherent in its diverse workforce.
  • Foster individual growth and achievement of business goals, offering a wide range of training and development programmes, interest courses and activities.
  • Maintain proper systems to ensure internal equity and external competitiveness of staff remuneration and recognition.

The Environment

  • Comply with or exceed the requirements of relevant laws and regulations to control any greenhouse gas emissions, discharges into water and land, and waste generation.
  • Minimise the impact of its business activities on the environment and natural resources.
  • Develop Climate Strategy to identify and manage climate risk and implement appropriate innovations and new technologies to capture the opportunities arising from this risk.
  • Set targets and review and assess the results regularly to ensure the effectiveness of emissions control mechanisms.
  • Monitor and manage the use of resources, including energy, water and other raw materials.
  • Develop and implement environmentally-friendly products and processes with potential commercial applications.
  • Encourage and provide support for conservation and environmental protection programmes.

The Community

  • Engage with local communities and undertake initiatives catered to the needs and benefits of the communities within which it operates, with a focus on education, medical, health and elderly care, arts and culture, sports and disaster relief.
  • Educate the public, in particular younger generations, on the importance of energy efficiency and low-carbon lifestyles.
  • Implement internal guidelines and controls on donations and contributions to safeguard stakeholders' and shareholders' interests.
  • Encourage employees to play a positive and active role in the community.

Value Chain

  • Run a management system to identify and mitigate supply chain risk.
  • Have Supplier’s Code of Conduct in place which covers environmental standards for the suppliers' processes, products or services, child labour, fundamental human rights, working conditions, remuneration, occupational health and safety, and business ethics.
  • Work with suppliers and business partners who can demonstrate their commitments to uphold the principles under the Power Assets’ Supplier Code of Conduct.
  • Develop procedures to monitor suppliers’ products, services and processes.
  • Invest in technologies and innovative solutions to enhance customer experience, communication, health and safety, privacy and protection in our business operations.

These principles are adopted Group-wide and implemented by each business unit based on local social, economic and environmental needs. The execution and compliance are monitored continuously through regular management reviews and reporting.

For more information on relevant policies and procedures in place, please refer to the Corporate Policies on this website.