Genting
Genting
Genting Plantation Berhad is one of the fastest growing plantation companies listed on
the Main Board of Bursa Malaysia and incorporated in Malaysia as provate limited
company on 29 September 1977 under the name of Asiatic Development Sdn Bhd. It
became a wholly owned subsidiary on Genting Berhad on 22 February 1980 to expand
Genting plantation business.
Basic Corporate Social Responsibility CSR Ratings for Genting Plantation Berhad
Annual Report 2013
Percentage
CSR Ratings
GENTING
PLANTATION
BERHAD
51
49
57
47
53
All company
average in
Malaysia
55
55
56
58
52
Percentage
CSR Ratings
GENTING
PLANTATION
BERHAD
Community Product
Development
and reporting
53
54
Training,
Health
and
Safety
55
PERCENTAGE
CSR RATINGS
GENTING
PLANTATION
BERHAD
ENERGY
POLICY
RESOURCE
BOARD LEADERSHIP TRANSPARENCY
AND
AND
MANAGEMENT
ETHIC
AND
CLIMATE REPORTING
REPORTING
CHANGES
57
58
57
50
55
51
Environment
All of Gentings project developments and operations are carefully planned and
designed to be sustainable developments, incorporated with green technologies. Take
proactive steps to conserve the natural resources and prevent pollution. Eco-friendly
initiatives are undertaken by all of our properties to reduce energy consumption and
minimize environmental pollution.
In conjunction with World Environment Day, Genting Malaysia organised the annual
Love Our Nature with Rakan Alam Sekitar programme for 150 students at the Awana
Longhouse. Held in collaboration with the Ministry of Natural Resources and
Environment, the programme aimed to promote awareness on nature and conservation
among the young people. Global environment speaker and entrepreneur, Mr. Matthias
Gelber (a.k.a. the Green Man) conducted some training sessions for the youths.
Resorts World Sentosa, like all other resort properties of Genting, is designed to be a
sustainable development, incorporating green technologies that have led to annual cost
savings. Solar panels on the rooftop of the Revenge of the Mummy attraction in
Universal Studios Singapore today generate energy to supply the equivalent needs of
133 units of Singapores Housing and Development Boards 4-room flats.
In conjunction with 2013 World Oceans Day, Resorts World Sentosa introduced the Go
Blue campaign. This four-week festival held in the Marine Life Park was packed with
conservation and education programmes for all ages, including the launch of Ocean Art
Charity, which raised funds for less fortunate children.
In the US, Resorts World Casino New York City adopts eco-friendly measures from
greening the property with plants and flowers to snow removal during harsh winters. In
2013, the Resorts World team in New York City broadened their recycling programmes
to include the separation of cans and bottles.
In the Bahamas, the Resorts World Bimini team worked closely with the Ministry of
Environment, the Bahamas Environment, Science & Technology Commission and other
related agencies to ensure that the necessary environmental requirements were
complied with to minimise any environmental impact and best practices were
undertaken during and after the construction of the cruise pier in 2013. A
comprehensive environmental management plan has been followed throughout the
various stages of these developments.
and fun games were held at the Resorts World properties to raise awareness of global
climate change among our customers.
Genting Plantations joined the Roundtable on Sustainable Palm Oil (RSPO) in 2004. In
2013, Genting Plantations made history by becoming the first palm oil producer in the
world to obtain the International Sustainability and Carbon Certification (ISCC) PLUS
certification. Genting Plantations biodiesel plant in Lahad Datu, Sabah, Malaysia also
secured the ISCC certification in 2013. ISCC system is a leading scheme for
sustainability and greenhouse gas emissions which complies with the EU Renewable
Energy Directive requirements. Recognised by the European Commission, the ISCC
system is used globally for the certification of biomass and bioenergy with proof of
traceability of the supply chain process, and more recently, has been expanded to cover
food, chemical and other applications through the ISCC PLUS scheme.
National certification schemes in the jurisdiction where Genting Plantations operates are
integral to the overall sustainable palm oil equation. In Malaysia, the Malaysian
Sustainable Palm Oil (MSPO) scheme was approved by the government in 2013.
Ahead of the imminent roll-out of MSPO, we continue to take the necessary preparatory
actions and remain actively involved in the MSPOs National and Technical committees.
In Indonesia, works are ongoing to implement the standards of Indonesia Sustainable
Palm Oil and to secure certification by the end of 2014. All of the oil mills are certified to
leading global standards for environmental, health and safety management systems,
including ISO 14001:2004 Environmental Management System, OHSAS 18001:2007
Occupational Health and Safety Management System and ISO 9001:2008 Quality
Management System.
Preservation of high value forests has been practised since the early days of Genting
Plantations involvement in oil palm plantations, as evidenced in the Baha and Bahagia
wildlife sanctuaries, maintained within the Tenegang group of estates in Sabah.
Incidences of endangered or rare species straying into our plantation areas are
managed carefully with the assistance of the local wildlife authorities.
Genting Plantations is involved in forest restoration efforts. Along the Tenegang Besar
River, one of the main tributaries of the Kinabatangan region in Sabah and home to one
of the worlds largest and most diverse floodplains, our Genting Plantations team
continued the reforestation works over 86.5 hectares that has been set aside. This
ongoing project dates back to 1999, when Genting Plantations became the first
plantation company to participate in a collaborative forest corridor programme, initiated
by World Wildlife Fund (WWF) Malaysia.
They are practice a zero burning policy and bio-mass recycling. All types of waste
products including domestic and agricultural wastes, biomass or by-products generated
by operating units, if not recycled, are required to be disposed of safely and
appropriately. We use bio-mass as fertiliser in the fields and as fuel for oil mill boilers for
power generation. These efforts promote good waste management practice, selfsufficiency in energy and cost savings.
Genting Plantations adopts organic soil improvement methods to reduce the use of
chemical products and minimise the risk of soil erosion. The use of pesticides is
reduced at our estates, through the implementation of an integrated pest management
approach. Biological pest control agents such as barn owls are used to suppress the rat
populations and pheromone traps are used to capture rhinoceros beetles to reduce pest
damage to crops.
Marketplace
They are committed to be guided by honesty, integrity and excellence in our business
conduct. We encourage responsible practices among our business partners, show care
for our customers and uphold good corporate governance to meet the expectation of
our investors.
We are committed to have a Board of Directors comprising the best qualified individuals
with the requisite knowledge, experience, independence, foresight and good judgement
to discharge their duties in the best interest of our shareholders.
The business affairs and financial reports are managed in accordance with the rules
and requirements of regulatory bodies such as the Malaysian Code on Corporate
Governance, Listing Requirements of Bursa Malaysia Securities Berhad, the
Companies Act 1965 and the Malaysian Accounting Standards Board in Malaysia.
The Group observes strict standards in ensuring that business affairs are always
conducted with utmost professionalism and integrity, free of any form of corrupt or
unethical behaviour. This ethical code applies to all dealings, be they with our Groups
business partners, vendors, contractors, customers or governing authorities.
For example, Genting Malaysia complies with ISO 4001 by engaging licensed collectors
who are registered with the Department of Environment of the Ministry of Natural
Resources and Environment for the collection of waste oil and used chemical drums.
In line with the Malaysian governments effort to reduce carbon footprint by 40% by
2020, Genting Malaysia has undertaken various Go Green initiatives such as using
disposable paper products certified by the Forest Stewardship Council. Its on going
corporate social responsibility efforts include purchasing products from Koperasi
Dagang Seni Malaysia Bhd, whose members comprise single mothers, housewives and
the disabled. Our commitment to protect customers via healthy food practices and
standards is reflected by stringent food quality controls practised by our operating teams
and duly certified, such as the Hazard Analysis and Critical Control Point (HACCP)
certification received by Genting Malaysia.
Their casino teams work closely with the regulatory bodies to ensure compliance with all
applicable laws and regulations. They are committed to the prevention of problem and
underage gambling at our casino premises. Self-exclusion programmes, help services
and responsible gaming awareness materials are available in all of our casino premises
to encourage responsible gaming among our casino patrons.
Genting UK was once again awarded with GamCare Accreditation from GamCare, who
audited our UK casinos in 2013 to ensure the highest standards of player protection.
We support and voluntarily contribute to the Responsible Gambling Trust (RGT) for the
research, education and treatment of problem gamblers. Peter Brooks, President and
Chief Operating Officer of Genting UK also became a Trustee and Company Director of
RGT. In addition, we actively work with the National Casino Forum to develop strategies
to identify and help problem gamblers across the UK casino industry.
Genting Plantations, apart from being an active member of the Malaysian Palm Oil
Association, has more recently been involved in the development of the national
Malaysian Sustainable Palm Oil standards and has been tasked to play a leading role in
the regional technical committee of the International Sustainability and Carbon
Certification system. Leveraging on our Groups scientific and technological capabilities,
research and development collaborations for crop improvement are also ongoing with
the likes of Malaysian Palm Oil Board and the Department of Agriculture, Sabah.
As transparency and accountability are the cornerstones of effective stakeholder
engagement, they have to disclose all material corporate information through
appropriate channels in a timely, accurate and complete manner. The annual general
meeting represents a useful and interactive forum for direct engagement with
shareholders.
For the purpose of maintaining open and constant communications with the professional
investment community through periodic briefings, meetings, conference calls and site
visits. The appreciation of the investment community for our investor relations practices
culminated in Genting Plantations being voted as the Best Mid-Cap Company for
Investor Relations in 2013 Malaysia Investor Relations Survey and Genting Singapore
being voted as one of the most transparent companies by 2013 SIAS Investors Choice
Awards. Each listed company of the Genting Group has a dedicated investor relations
team to proactively build relationships with analysts and investors. For example, in
2013, Genting Singapore investor relations team held about 400 investor meetings and
conference calls with local and overseas investors and analysts.
Employees are integral to the Group and remain committed to human resource
development. Their global workforce was about 55,000 as at 31 December 2013.
To promote a safe and engaging workplace.The business properties are accredited with
high safety and management standards. For example, all our oil palm mills are certified
with OHSAS 18001:2007 and MS 1722:201 occupational health and safety
management systems, reinforcing the Groups commitment to safety in the workplace.
Genting Malaysia and its resort properties are certified with Sirim QAS International for
the Occupational Health and Safety Management System (OHSAS 18001:2007) and
Environmental Management System (ISO 14001:2004) accreditations. Our teams work
proactively with various authorities such as the Ministry of Health and the Department of
Occupational Safety & Health (DOSH) to ensure compliance with occupational safety
and health regulations. Safety and health audits are periodically performed and checked
for continual improvements. Regular talks are held to educate employees on safety and
health issues. Genting Malaysia has a Hearing Conservation Programme to reduce the
risk of long-term hearing impairment for employees working in areas with high noise
pollution.
Genting Malaysia invested RM4 million in training and development activities in 2013.
The training programmes were conducted jointly by the Human Resource Training &
Development team from Resorts World Genting and Genting Centre of Excellence using
internal and external professional trainers who were engaged after stringent screening
and selection process.
Conferences and seminars are organised annually to train and develop our
management teams. The 25th Genting Malaysia Senior Managers Conference themed
The Heros Way was held in Resorts World Kijal, Terengganu from 13 to 14 September
2013 and the 32nd Genting Plantations Management Conference was held in
Yogyakarta, Indonesia from 30 June to 3 July 2013. The Genting UK Senior
Management Conference themed Raising the Stakes was held in the Millenium
Gloucester Hotel, London in March 2013.
Support and provide educational opportunities to prospective school leavers and
undergraduates who are financially-disadvantaged. In 2013, the Genting Malaysia
Education Fund committee disbursed over RM1 million in scholarships to deserving
students undertaking local or overseas courses.
A conducive living environment for our employees. Their integrated resort properties
provide employees with standard facilities and amenities including free wi-fi at
designated spots, cafeterias, well equipped resource centre/library, recreation centres,
gymnasium and sports/games facilities.
The organising sports, social events, wellness and health activities, weight management
programmes, educational outings and self improvement talks for the benefit of our
employees. Recognition programmes such as Employee of the Month and the annual
Employee Appreciation Nite as well as annual staff dinners were organised for our
employees.
Communication channels like internal monthly newsletter, intranet, internal notice board,
e-Kiosks and regular meetings are provided to employees and management.
The Genting Group Executive Sports Club organises weekly games and regular sports
tournaments such as badminton, golf and futsal for its members who are Genting
employees based in Wisma Genting. In 2013, the club members supported the Wisma
Genting Charity Bazaar and the Mid-Autumn Togetherness Carnival in Sunway Club.
The club also organised a durian fest and social trips such as to Johor Premium Outlet
and to Singapore for its members.
In Kuala Lumpur, close to 300 employees from the Genting Group corporate offices
volunteered their services in the Wisma Genting Charity Bazaar 2013 to raise funds for
the less fortunate. A variety of food, drinks, handicrafts, clothings and accessory items
were sold. The charity bazaar was a huge success with friends, employees, suppliers
and corporate partners of Genting, tenants of Wisma Genting and the public showing
strong support. Puan Sri Cecilia Lim, wife of Tan Sri Lim Kok Thay, officially launched
the charity bazaar and helped to pick the winners of the lucky draw and the Star Cruises
Bonanza Draw. Generous donors sponsored over 200 underprivileged kids and
disabled adults from local charities to join in the fun. Over 40 Genting employees
performed an exciting flash mob dance (video clips are available on www.youtube.com).
The one-day event raised RM200,000, exceeding the previous amount raised of
RM128,000. The funds benefitted five local charities.
In 2013, Genting Malaysia visited Rumah Jaireh in Batu Arang and the Orang Asli
community in Kampung Ulu Pareh, where residents were treated to a lion dance and
performance by Resorts World Gentings international buskers as well as meals
prepared by their employees. Resorts World Genting We-Care team organised a fourday charity fundraising bazaar themed Every Sen is Hope, which enabled eight
charitable organisations to raise RM30,000 through the sale of their handicrafts,
products and services such as foot massage and manicure.
Project (a dropout prevention intervention programme for minority young boys at-risk of
dropping out of school and/or choosing a life of crime).
Resorts World Bimini seeks to care for the needs of the Bimini islands children and
families. Our team donated 5 state-of-the-art computers to the North Bimini Community
Centre and gave hundreds of gifts to the islands children for Christmas. We also
donated cruise trips for many fundraising events that benefited the YMCA, Cystuc
Fibrosis Foundation, Broward Childrens Center and the Susan G. Komen Foundation.
When Typhoon Haiyan devastated the Philippines, from which many of our crew are
from, the crew onboard Bimini SuperFast and the employees of Resorts World Bimini,
including our Chairman Tan Sri Lim Kok Thay and Chairman of Resorts World Biminis
partner company RAV Bahamas Mr. Gerardo Carpo made personal donations to the
American Red Cross Haiyan Relief efforts and to our crew whose families were
affected. Resorts World Bimini employees volunteered their time to assist non-profit
organisations such as Big Brothers and Big Sisters on various initiatives such as
mentorship programmes, toy drives and back-to-school campaigns in 2013.
In education, the great importance in enhancing the quality and status of education.
Among our contributions in this sector are scholarships and financial aid to the needy
and deserving students. Genting Plantations collaborates with the non-profit Borneo
Child Aid Society in Sabah, whereby our Group provides funds and assistance for the
building, upkeep and running of Humana learning centres for underprivileged children
who would otherwise be denied access to basic education due to distance, poverty or
legal status. Eight Humana centres serving hundreds of children are established under
the collaboration.
The Tan Sri (Dr.) Lim Goh Tong Endowment Funds, established in 2009 for University
Putra Malaysia and University of Malayas Business and Accountancy Faculty, have
collectively funded scholarships for high achieving students, educational seminars,
public lectures, overseas study trips and student leadership activities. The projects
sponsored by these two Endowment Funds in 2013 included a group study trip to Hong
Kong, scholarships for high achieving students and overseas practical training to
Thailand for undergraduate students.
The Community Chest, managed by a Board of Trustees and chaired by Tan Sri Lim
Kok Thay continues to support the local vernacular schools in Malaysia. In 2013, the
independent not-for-profit organisation recruited over 200 volunteers across the nation
to help implement the fundings allocated to about 100 schools in Malaysia with the aim
of improving the quality of education of local learning institutions, through improved
school facilities.
In the UK, Genting Club Manchester supports the Federation of Chinese Association of
Manchester to sponsor schools to facilitate the teaching of Chinese language.
Genting Group supports the local and international sports to encourage healthy lifestyle,
promote
sports
tourism
and
to
foster
ties
within
the
community.
In 2013, Genting Malaysia sponsored a number of cycling events such as the Le Tour
de Langkawi, Jelajah 1Malaysia and Genting Ride. In addition, Genting Malaysia
supported sports associations such as the Pahang Football Association, ASEAN
Football Federation and Sukan Malaysia (SUKMA) XVI Kuala Lumpur 2013.
Participation in various corporate charity runs in 2013, including the Kuala Lumpur Rat
Race (which the Group participated for the 7th consecutive year), the Standard
Chartered KL Marathon and the Terry Fox Charitable Run, whereby the runners came
from Genting Berhad, Genting Malaysia, Genting Plantations and Genting Energy.
Genting UK continued to be the main sponsor of the Coventry Blaze Elite League Ice
Hockey Team and hosted events for the team and their fans. Genting UK also
sponsored the London Dragon Boat Racing Festival for the first time. Two of Genting
UK staff were sponsored and chosen through a competition to complete the Kilimanjaro
Challenge, in aid of charity.
Resorts World Bimini sponsored the Bimini islands Junior Boys Basketball Team in
their bid to compete in the Bahamas Junior Boys Basketball Championship.
Supporting the local arts and culture. For example, during the 1Malaysia Contemporary
Art Tourism Festival 2013, we organised an art competition for the physically disabled,
slow learners and youth held in Resorts World Genting. 40 participants showcased 48
paintings in the competition themed Malaysia through the Eyes of the Artist and held in
collaboration
with
the
Ministry
of
Tourism
and
Culture
Malaysia.
In Singapore, Resorts World Sentosa launched the Ocean Art Charity. Young artists
submitted works for a marine-themed art competition to raise funds for the less
fortunate children while guests donated boxes of used colour pencils for the
beneficiaries of The Little Arts Academy to provide proper training to budding young
artists. An exhibition and auction of the winning artworks were held subsequently.
Genting also supports the Chinese Opera Society in Manchester to promote the
Chinese cultural traditions in the UK.