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The new Anti-Bribery Policy familiarisation e-training module has been developed

during the year. This training module provides an overview of anti-corruption laws, the

Group’s ethical guidelines and grievance procedures and is also used to familiarise and

train third party service providers who perform services for the Group.

All employees who have successfully complete the module are required to sign a

confirmation that they will comply fully with the policy. Further, training on this Policy will

form part of the induction process for all new directors and employees.

There were also dedicated anti-bribery classroom-based training for Directors, senior

management and employees organised by the business units during the year.

Antibribery@work

The business units are also responsible

for adopting sustainability strategies

to their operating needs, as well

as providing the resources needed

for its implementation. They align

their brands, technologies and sites

involved in sustainability that is in

line with the specific challenges and

priorities of their business portfolio.

Our suppliers and contractors are

also required to observe the Group’s

commitments on issues such as health

and safety, environment, human rights

and local labour laws.

The Corporate Governance Overview

section can be read in this Annual

Report and website at

http://www.fima.

com.my/corporate-governance.html

.

We require all our business units to

implement an appropriate level of risk

management to ensure compliance

with all relevant legislation, health,

safety and environment policies,

overriding business principles

and Group policies taking into

account business needs and local

circumstances.

Each business has developed and

documented policies and procedures

to comply with the minimum control

standards established over specified

processes, including methods to

mitigate risk, monitoring compliance

and taking corrective action. Further

details of our risk management can

be found in the Statement on Risk

Management and Internal Control

section in the Annual Report.

Responsible business practices

The economic returns created by

responsible and sustainable business

practices benefit a broad range

of stakeholders. This includes the

provision of employment to over

3,000 people in 3 countries. In

addition to corporate income taxes,

the companies within the Group pay

many other taxes, including local and

government taxes, social security

contributions on the wages of its

employees, SST, and customs duties

and property taxes. All these taxes are a significant source of funding for public

services by governmental institutions. We view the fulfilment of our tax obligations

as part of the process of creating sustainable value for all our stakeholders.

Ethical Conduct

The Group takes a zero-tolerance stance to unethical practices. We are committed

to complying with the rules and regulations of the countries in which we operate and

act ethically, consistent with the principles of honesty, integrity, fairness and respect.

Every employee is accountable for ensuring that these principles are always upheld in

all we do. We expect the same standards from all third parties who provide good and

services to our companies.

62.5 Employees

(salaries, wages,

and other benefits)

25.3 Shareholders

(dividends)

30.0 Government

(Tax and duties)

32.6 Reinvestment

in the business

Sustainability : Governance

Value Distribution

To Stakeholders

(RM Million)

Annual Report 2020

kumpulan Fima Berhad

(197201000167)(11817-V)

82