The YTL Power Group provides utility services that are essential for daily life. In the operation of our businesses, we seek to support and enhance the growth, development and resilience of the communities where we operate across the globe.
YTL Power is a key subsidiary of the YTL Corporation Berhad (“YTL Corp”) group of companies (“YTL Group”) and our ESG commitment is reflected in the YTL Group-wide ethos of ‘Building the Right Thing’. This commitment is embedded in our value chain and business practices to create positive long-term impacts for our stakeholders. There is also regular assessment, review and feedback of ESG issues in line with the YTL Group’s practices and policies.
We place a strong emphasis on managing our businesses responsibly and with integrity. Our commitment to sustainable practices is a fundamental component of our strategies to achieve our growth objectives and balance business opportunities and risks to create lasting value for all stakeholders.
A snapshot of the YTL Power Group’s key ESG priorities, objectives and targets derived from our ongoing materiality assessment process, which is described in greater detail in ensuing sections of this report, is set out below.