Malaysian Genomics Resource Centre Berhad (“MGRC” or “the Group”) is pleased to present the Group’s Sustainability Statement for FY2022 (“Statement”). The Group strives to identify and adhere to sustainability principles in various aspects of its business operations within the context of Economic, Environment and Social (“EES”) issues, whether locally or internationally, for the interest and benefit of all our stakeholders. This statement covers the sustainability strategies of MGRC’s business operations. It has been prepared based on all available internal information concerning Bursa Malaysia Securities Berhad’s ACE Market Listing Requirements and its Sustainability Reporting Guide.
Sustainability Governance
The Board of Directors (“BOD”) of MGRC is the ultimate authority over the Group’s sustainability strategy. The BOD reviews and approves all sustainability-related initiatives and policies to ensure that the Group pursues its regulatory and commercial objectives while at the same time being a responsible and sustainable organisation. Our Chief Executive Officer oversees sustainability practices and their applications across the Group’s business and operations, which aim to follow Bursa Malaysia’s ACE Market Sustainability Framework closely.
Sustainable Strategies
MGRC’s sustainable strategies are aligned with the United Nations (“UN”) 2030 Agenda for Sustainable Development, which promotes 17 Sustainable Development Goals (“SDGs”) to which all UN member states should adhere. These SDGs provide a blueprint for the global community to create and achieve a more sustainable future for all. MGRC’s sustainable strategies are organised according to the three EES sustainability pillars shown below:
Economic | Environment | Social |
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Stakeholders Engagements
Stakeholders | Areas of Interest / Material Matters | Engagement Approaches |
The BOD |
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Shareholders/Investors |
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Employees |
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Customers |
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Suppliers |
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Government/Regulators |
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Community |
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Analyst/Media |
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Out of the 17 UN SDGs, MGRC focuses on 12 SDGs below that are most relevant to our corporate values and sustainability strategies, which will be explained in later sections.