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ENRICHING tHE FUtURE ENRICHING NAtIoNAL PRoGRESS ENRICHING STAKEHOLDER VALUE ENRICHING SUStAINABLE IMPACt
OuR StAKEHOLDERS
StAKEHOLDER ENGAGEMENt
Stakeholder engagement is a cornerstone of our commitment to transparency, accountability and responsible business
practices at KWAP. We recognise that our actions as an institutional investor can have far-reaching implications for a wide
range of stakeholders, including our pensioners, contributors, employees, partners, communities and the environment.
In this section, we will provide a brief overview of our approach to stakeholder engagement, outlining our commitment to
fostering open and meaningful dialogues with all those who have a vested interest in our operations. We will discuss the
channels and mechanisms through which we engage with our stakeholders, our dedication to actively listening to their
feedback, and how we incorporate their perspectives into our decision-making processes.
Our stakeholder engagement efforts reflect our core values and our mission to secure the retirement income of public
service employees whilst promoting sustainable practices and ethical conduct. We view our stakeholders as essential
partners on our journey towards a more sustainable and prosperous future.
OuR StAKEHOLDERS, tHEIR NEEDS AND EXPECtAtIONS
S1 Government of Malaysia
Provides strategic direction, develop Area of concern/interest: Method of Engagement:
and review pension policies, • Financial performance and • Dialogues
sets regulatory requirements and stability of the Fund including • Meetings
monitors the Fund’s performance to funding ratio
ensure alignment with government • Alignment with government
objectives. policies and objectives
• Governance and well-being of
Oversees pension benefits of public
service employees, ensures the the Fund
timely and accurate disbursement of • Transparency and accountability
pension payments, and collaborate in fund management
with the Fund on matters related to • Contribution to national economic
pension administration. stability and development
• Social impact and welfare of the
Rakyat
• Timely and accurate
administration of pension
payments
• Communication and support for
pension recipients
S2 Contributors
As the employer of public service Area of concern/interest: Method of Engagement:
employees, contributes to the Fund • Ease of Contribution Process • Website and social media
based on pre-determined rates • Employee Engagement and • Surveys
pursuant to the Statutory and Local Communication • Forums
Authorities Pension Act 1980 (Act • Regulatory Compliance • Visits
239).
28 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INtEGRAtED REPoRt 2023