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foR betteR vAlue deliveRy Annual Report 2022 35

Senior Management Engagements Conducted in No. Company Date
2022
1 UMW Holdings Berhad 14 June 2022
No. Company Date
2 Panasonic Manufacturing 12 July 2022
1 AMMB Holdings Berhad 17 February Malaysia
2022
3 Sime Darby Berhad 23 August 2022
2 Telekom Malaysia 5 July 2022 (Automotive)
Berhad 4 Tenaga Nasional Berhad 22 September
3 AMMB Holdings Berhad 20 July 2022 2022

4 IGB Real Estate 21 September 5 Power Root Berhad 17 October
Investment Trust 2022 2022
5 Gamuda Berhad 27 September Based on KWAP’s ESG engagements with its investee
2022 companies, KWAP has observed that the sustainability
disclosures among its investee companies are still
ii. ESG Engagements Initiated by KWAP
lacking. In addition, KWAP has also highlighted ESG
In 2018, KWAP developed ESG Tracking Methodology issues including, but not limited to the following:
to enable KWAP to have a structured process to track,
monitor and review the ESG performance of KWAP’s
investee companies.
KWAP will screen its investee companies based Carbon Energy Water
on the considerations outlined in the ESG Tracking Emission Efficiency Management
Methodology and shortlisted a few companies to be
included in the ESG Watchlist. KWAP will then conduct
a thorough analysis of the relevant ESG issues as per
the Global Reporting Initiative (GRI) Standards and
develop an ESG database for each company listed in
the ESG Watchlist.
Human Foreign Board
Following this, KWAP will organise ESG engagements Rights Workers Oversight on
and dialogues with companies under the ESG ESG
Watchlist to further monitor their operations and
limitations, if any, and share experiences based on
previous engagements with other companies. This is In addition to KWAP Shareholder’s Engagements and
to allow KWAP to influence the investee companies to ESG engagements above, KWAP’s research analysts
align with KWAP’s sustainability and ESG objectives. also conducted a total of 811 engagements which
are 450 domestic and 352 international, throughout
In 2022, KWAP conducted four ESG engagements the year which includes analyst briefings, internal
and one follow up ESG Engagement with its investee meeting and engagements with investee companies,
companies. which includes a review on their ESG practices,
where applicable.