.

Thursday, April 4, 2019

Genting Groups Corporate Social Responsibility Practices

Genting radicals Corporate Social Responsibility PracticesEffective Implementation of CSR practicesIn identify to remain financially viable and operationally sustainable, sustainable development policies on four basic pillars atomic number 18 centred by Genting class Environment, Marketplace, Workplace and Community.(Sustainability penning 2011)ENVIRONMENTGenting Group has long make the protection and preservation of the environment an intact part of their corporeal philosophy and trade policy. Maintaining a responsible approach to the environment and nature curiously in the preservation of natural resources, waste management and preservation of the flora and fauna are attached by them. Moreover, steps to prevent environmental pollution and conserve energy, water consumption and waste generation are taken from yrs to years.(Sustainability report 2011, annual report 2010)(i) Energy EfficiencyIn year 2010, significant management time in identifying and testing the energy effi ciency solutions that would deliver the biggest CO2 obstetrical deliverys within an affordable capital architectural plan was invested. In 2011, several conservation and efficiency improvements measures were implemented by Genting Group. These included replacing conventional lights with energy saving lights and the replacement of metal halide spotlights with induction lamps. Their diesel conservation projects are aimed at alleviating the depletion of their natural resources and air pollution. All their pump house diesel engines have been replaced with galvanising motors which reduces the diesel consumption to approximately 2.4 million litters per year.(Sustainability report 2011, annual report 2011)(ii) Waste Management3R (Reduce, reuse, and recycle) programme and plan waste management are implemented. Reduce is achieved by using long-life energy saving lights, reusable cutleries and chemical tanks. Reuse is achieved by using re-using waste paper for printing and back bunk usag e. Recycle is achieved by waste segregation at source and waste delivery according to types of waste. Vermin-composing to reverse food waste into organic fertiliser is practised by the Group. Standard guidelines for the management of solid and scheduled wastes are also outlined by the Genting Group waste management. The procedures ensure that the wastes are properly identified, segregated, handled, transported and disposed off in line with the environmental policy, legal and other requirements. The EHS Committee ensures waste management processes are regularly audited in compliance with set standards.(Sustainability report in year 2011)MARKETPLACEThe Group adheres to the highest standards of corporate governance. It is through by operating with integrity, transparency and accountability with the aim of enhancing shareholder value and achieving sustainable personal credit line growth. We abide by the principles of honesty and professionalism in all our business dealings. Many of G enting Groups environmental and social impacts are derived from activities in their supply chain. The strategy to minimise negative impact is basically done by controlling whom they buy the products from, their method of purchase and what their buy. The Groups corporate website, www.genting.com is also a source of information on corporate and business activities. Annual reports, press releases, quarterly results, announcements and investor presentations are make publicly available on the website. The Group participates regularly in international and local investor forums.(Sustainability report 2011)(i) Go Green course of study Lower transportation and packaging cost, lower emission of carbon dioxide (CO2) into the atmosphere and less(prenominal) fuel consumption food, locally-grown food is purchased by the Genting Group. Their cost-effective measures which make sure the freshness of their products also summate economic stability to the local buyers and farming community.(Sustainab ility report 2011)(ii) Support Environment FriendlyProper temperament of the hazardous and environmentally unfriendly products are stipulated by The Environmental Quality Act 1974. To this effect, Genting Group has use the services of Green Seal certified companies to implement an environmental management system for their business.(Sustainability report 2011)(iii) Self-Exclusion ProgrammePersonal sanitary-being of their guests was committed by Genting Group and they had implemented the Self-Exclusion Programme, whereby guests with a compulsion to gamble are free to have themselves prohibited from Casino. A Gaming Room has been introduced for this purpose. (Sustainability report 2011, Annual report 2009) workA global workforce of over 19,000 employees is owned by Genting Group. At GENM, they regard the commitment and creativity of their employees, a safe and favourable working atmosphere and efficient working practices as essential pre-requisites for achieving business success an d maintaining a good reputation.(Sustainability report 2011)(i) Employee DevelopmentAn evolutionary progression and logical step for Genting Groups talent management practice was marked in year 2011. As a discern pre-requisite for sustainable international expansion, increasing the standards of assessing and developing employees and increasing the level of professionalism were embarked by them a realm unremarkably plagued with subjective evaluations. Different talks and campaigns for the development of our senior management were organised in year 2011. some of the talks are about engagement between the companies and their people into committing to a compelling cause loafer the organisations mission and core values, and how it curbs behaviour and creates the return of shareholders.(Sustainability report 2011, annual report 2009)(ii) base hit WorkplaceProtecting the health and safety of human resources and the public by giving them a good environment is also important for the Gen ting Group. In cooperation with health and safety experts, they organise monthly Occupational base hit Health (OSH) Talks to reduce the accidents in the respective workplace. One of the policies is No-Smoking Policy has been introduced to reduce numbers of desperate incidents. Besides that, it is also used to show the policy and emphasis how serious they view this matter, regular enounce No-Smoking Enforcement was organised by the OSH Section with the Management. It was done during the random checks in the area of the building.(Sustainability report 2010)COMMUNITYA priority for Genting Group at GENM and philanthropic contribution is remained by community development and it is one of the ways they endure the assorted community development activities, infrastructure support to local communities, the underprivileged, disability groups and NGOs. Contributions are made different ways throughout the year. For example, employee volunteerism, carried out through the GENM We CARE Team and the Awana We CARE Teams in order to encourage and provide an avenue for employees within the organisation to give whatever they have for the betterment of the society.(Sustainability report 2011)(i) Services to CommunitiesGenting Groups contributions reach out to different sectors of the community. In the year 2011, different types of helps to various groups and sectors in the community were contributed. They included the Malaysian Liver Foundation, OrphanCare Baby Hatch Programme, and Malaysia Diabetes Association so on and so forth. They also undertook the Roti 1Malaysia Charity Project, a joint collaboration with 20 hotels in the Klang Valley, which involved the distribution of bread orphanages and homes.(Sustainability report 2011, annual report 2009)(ii) Underprivileged and Disability GroupsIn their continuous effort to support the underprivileged community, 71 homes and charitable organisations were contributed during the various festivals 2011 celebrations. This is in a ddition to their year-long contributions to the various charitable homes and organisations as well as the underprivileged and marginalised communities. Over the year, they have donated more than 4,000 individuals at the Resort and Theme Park for a programme of activities, meals and merry-making.(Sustainability report 2010)(iii) EducationGenting Group sees education as an important part of making brighter succeeding(a) for everyone. Programmes, training sessions and educational endeavours that have been designed to ensure the younger generation gain more knowledge. For instances, the sponsorship of 1,000 helmets for teach children for the Road Safety Campaign organised by the Bentong District Council. The campaign minimise road accidents among school children.(Sustainability report 2010)(iv) SportsGenting Group too believes that sporting activities are needed to help groom an athletic nation. GENM contributes good to help organisations and ministries execute various sporting even ts. GENM is one of the main sponsors. They provided funds to the Football Association of Malaysia, Selangor tennis Association in year 2011 and The Malaysia Netball Association for instances.(Annual report 2010, Sustainability report 2011)

No comments:

Post a Comment