“As a key player in the oil and gas supply chain, we collaborate with industry leaders to navigate the evolving energy transition while addressing broader economic, social, and environmental challenges."
Deleum
has been honoured with the prestigious Gold Award in the Energy sector
(Equities category) at The Edge Malaysia ESG Awards 2023, held on November 6,
2023. This recognition highlights our unwavering commitment to Environmental,
Social, and Governance (ESG) excellence.
The Edge Malaysia ESG Awards 2023, organised in partnership with Bursa Malaysia and FTSE Russell, stands as a beacon of recognition for public-listed companies (PLCs) and asset management firms practising sustainability excellence in Malaysia. This achievement reflects our sustainability commitment towards ‘Catalysing Prosperity’, ‘Protecting and Preserving the Environment’, ‘Helping People’, and ‘Embracing Good Governance’. As sustainability becomes an integral part of Deleum today, we proudly celebrate everyone's dedication in advancing Deleum's sustainability milestones.
Read the full article by The Edge here
As one of the CAN members, we actively participate in Workstream #2: Awareness & Capacity Building. This workstream aims to enhance awareness and foster capacity development across various levels and functions within member organizations and their value chains. Our goal is to empower them to champion sustainability in their business operations.
The Board holds the ultimate
responsibility for guiding Deleum's strategic direction in sustainability. This
responsibility is delegated to the respective Board Committees, and
they are kept informed about sustainability- and climate-related matters
through quarterly meetings and training programmed.
To enhance governance capabilities, sustainability targets are incorporated into Key Senior Management’s OKRs, which are evaluated annually for performance remuneration. The MCRC, led by the Group Chief Executive Officer (“GCEO”) and including C-suite executives as well as Senior Management, plays a pivotal role in supporting the Board in strategically managing significant sustainability- and climate-related risk matters. To enhance the overall sustainability management, there is a dedicated sustainability unit within the Corporate Compliance, Sustainability, and Risk (“CCSR”) department to lead sustainability strategies and oversee day-to-day implementation.