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34 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) foR BEttER vALUE DELIvERy

TOWARDS MORE
SUSTAINABLE TOMORROWS

ENGAGING WITH OUR STAKEHOLDERS
• Sustainable Performance: Shareholder Activism
To improve the sustainability and long-term
performance of KWAP and its investee As an active shareholder, KWAP continued its engagements
companies. KWAP believes sustainability with its investee companies and raises ESG issues where
factors may significantly influence the risk- necessary. These visits are led by the management team
return profile of investments. and KWAP officers through Annual General Meeting/
Extraordinary General Meeting (AGMs/EGMs) and
• Promotion of good ESG practices in the
capital market and KWAP’s business one-on-one meetings to further improve its governance
partners: practices of its investee companies.
To leverage on KWAP’s position as an KWAP has a structured monitoring process on its investee
institutional investor to improve ESG companies. Monitoring initiatives by KWAP includes the
practices in: following:

i. The capital market vis-à-vis:
• Monitor the performance and value drivers of its
- Engagements with our investee investee companies via company announcements and
companies news flows that are monitored daily.
- Collaborations with regulators • Monitor ESG red flags and concerns.
(e.g.: Bursa Malaysia and
Securities Commission) • Monitor via AGMs/EGMs:
- Collaborations with corporate
governance (CG) bodies (e.g.: i. Monitor the issues deliberated at investee
ACGA and PRI) companies’ AGMs/EGMs; and
- Active roles in CG-related councils ii. Submit AGM/EGM resolutions to all its investee
(e.g.: Institutional Investors Council companies.
and Security Commissions Key
CG Stakeholders Group) KWAP actively participates in corporate engagements with
investee companies through:
ii. Companies across KWAP’s value
chain including its suppliers, third party i. Shareholder’s Engagement with Investee Company
service providers and other related
business partners. In 2022, KWAP’s senior management conducted a
series of engagements with five investee companies.
The Corporate Level ESG Guidelines consist of The topics that were discussed during the engagement
seven pillars namely: sessions include company overview, market condition,
company’s future business plans and ESG-related
• Environment
issues.
• Human Capital
• Governance The engagements were participated by KWAP’s senior
management team including KWAP’s Chief Executive
• Investment Management Officer.
• Members Administration
• Ethical Practices
• Social