Social Impacts: People
Social Impacts: Clients and Suppliers
Social Impacts: Community
Approach to Sustainability
CEO Message
Responsible Governance
Environmental Stewardship
Appendices
About This Report
About Kum Shing
Sustainability Strategy
Sustainability Policies
The Sustainability Committee
The Board-appointed Sustainability Committee oversees the management of the Group’s sustainability- and climate-related matters, and advises the Board and the GEMC on these matters. Comprising C-Suite Officers, Executive Directors and leaders of Sustainability Working Groups, it meets at least annually with responsibilities to: Develop and refine sustainability- and climate-related strategies, goals, policies and practices, and make recommendations to the GEMC; Identify and review the sustainability- and climate- related issues, risks and opportunities for GEMC’s oversight; Monitor and evaluate sustainability- and climate-related performances, and recommend improvement strategies; Review, evaluate and approve stakeholder engagement, materiality assessment and Sustainability Report; and Provide updates to the GEMC on sustainability- and climate-related matters.
Kum Shing's governance framework integrates our mission, values and sustainability commitments into daily operations. This ensures compliance with all relevant laws and regulations, and ethical business practices, while providing structure for consistent decision-making and sustainability efforts. Our policies, procedures and guidelines reinforce these principles, fostering a culture of responsibility and accountability throughout the organisation. These Group policies apply to Kum Shing and its operating subsidiaries, maintaining consistent standards across our operations. We regularly review and communicate these policies to employees, who must annually declare their understanding and commitment. We also encourage joint venture (“JV”) entities and business partners, including subcontractors, and suppliers of goods and services, to align with the policies principles, promoting shared dedication to responsible business practices.
Sustainability Strategic Plan
to our stakeholders. Prioritising these areas guides our sustainability efforts and provides a framework for continuous improvements in sustainability management.
Our sustainability approach is built on three strategic pillars, which are the foundation of our corporate responsibility: Responsible Governance, Social Impacts, and Environmental Stewardship. They convey our dedication to ethical management, people, society, and the environment
Responsible Governance
• Progressing in sound corporate governance and sustainability governance • Strengthening compliance and risk management • Driving digital transformation and innovation
Social Impacts
• Strengthening workplace health and safety and building a diverse, skilled and engaged workforce • Strengthening quality management and customer satisfaction • Contribute to quality, reliable, sustainable and resilient infrastructure through our projects, to support societal development • Supporting the community where we operate
Group Policies
The Sustainability Working Groups
Anti-fraud Policy
Climate Change Policy
Five specialised working groups have been formed within the Sustainability Committee to address different sustainability aspects. Comprising representatives from Business Support Functions, Business Line Departments and Business Development Units, these members utilise their professional expertise, industry knowledge and operational understanding to develop practical and effective sustainability initiatives. Their responsibilities include: Develop and implement sustainability management strategies, action plans and performance targets; Share best practices on sustainability management and reporting; Review and recommend improvements to existing policies and practices; and
Environmental Stewardship
Code of Conduct
• Reducing environmental impacts where we operate • Fighting climate change and improving resilience and adaptive capacity
Community Investment Policy
Environmental Policy
Human Resources Policy
We embrace the international initiative for sustainable development, the United Nations Sustainable Development Goals (“SDGs”) as part of the United Nations 2030 Agenda. This initiative aims to provide a shared blueprint for peace and prosperity for people and the planet. Out of 17 SDGs, we consider 10 to be relevant to our businesses and strategies, where we can make an impact. Our sustainability approach also aligns with these SDGs and is structured around specific goals contribute to them.
We will continue to review our sustainability strategy to ensure it aligns with our business objectives and stakeholders’ concerns. We are working on action plan and targets for improvements, in line with the strategic pillars and relevant SDGs.
Human Rights Policy
Information Security Policy
Occupational Health and Safety Policy
Quality Policy
Sustainability Policy
Sustainable Purchasing Policy
Collect sustainability data for disclosure.
Vendor Code of Conduct
Whistleblowing Policy
11 KUM SHING SUSTAINABILITY REPORT 2024/25
KUM SHING SUSTAINABILITY REPORT 2024/25
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