Health and Safety

Even though Malaysia has entered in the Transition to Endemic Phase for COVID-19, the Group are adhering to government instructions and implement applicable standard operating procedures at the construction side. The Group provides COVID-19 Antigen Rapid Test Kit to employees for fortnightly testing and sanitize the office and construction site to ensure the BCB’s environment is germ-free. 

Employee Management 

The Group continues to maintain a diverse and inclusive workforce. The composition of workforce by race, age and gender in FY2022 is represented in the following diagram. 

Community Relations and Engagements 

The Group believes in giving back to the community and employees are the main driving force of its business.  

• Employees 

The welfare, health, and safety of the employees at the workplace is the Group’s top priority. Other than minor cuts and bruises, no mishap has been reported at the Group’s project sites and business premises during this reporting period. 

• Community 

Between the months of August and September 2022, the Company had provided assistances to Majlis Perbandaran Batu Pahat to clear overgrow scrubs and bushes and debris at Tapak Pasar Semantara, Jalan Shahbandar, Batu Pahat, Johor. The Company also repaired and repainted the dilapdated public toilets too. 

The Group made a total of RM251,000 donations and sponsorship to various schools and charitable causes for cultural and social welfare activities. 

Waste Management 

The Group manages the waste from operation to create as little negative impact to the environment as much as possible, through monitoring of on-site waste management, and Group-wide recycling. At construction site, contractors and suppliers are reminded to be mindful of their waste management. Not only that, the Group also ensures the compliances to the Environmental Quality Act 1974. The Group has maintained its position as a law-abiding organization thus far and will continue strive to always be aware of our responsibilities to safeguard the environment. 

Water Management  

As a way to use water efficiently and reduce wastage, the Group has successfully implemented the water harvesting system for its project namely Versis in Batu Pahat. With this system, waters are collected and recycled for irrigation purpose as well as for landscape usage.  

Above that, the Group also designs its properties with Duo-way sanitary flushing systems for its project Phase 2 Broadleaf at Kota Kemuning, Selangor that helps to reduce excessive water usage. The systems not only conserve water, in turn will also potentially reduce the water bill charges payable by the home owners. 

Economic 

Corporate Governance and Code of Ethics and Conduct 

Adhering the laws and regulations outlined by the government, the Group has been adopting the Malaysia Code of Corporate Governance 2017 (“MCCG”) to maintain our corporate accountability and ethical practices sustainably.

In response to the Malaysian Anti-Corruption Commission (“MACC”) Act Section 17A, BCB has established an Anti-Bribery and Corruption Policy (“the ABC Policy”). The ABC Policy defines the Group position in regards of bribery and corruptions and that provide information and guidance to the Group’ Directors, employees and business associates.

We have a Whistleblowing Policy (“WP”) that is available via BCB’s websites to facilitates stakeholders to report any misconduct within the Group. The WP, amongst others, provide the information, guidance, and channel of reporting any misconduct.  In this reporting period, no whistleblowing report was received. 

Communication with Stakeholders 

Stakeholders are an integral part of the Group’s operations. The stakeholders’ insights and feedbacks enable the Group to steer forward to improve and be better to achieve continuous sustainable growth. The Group has identifies the stakeholders that have significant influence and impact, and are as follows:

Whilst maintaining the traditional methods and media to engage and communicate with the stakeholders, e.g. newspapers, brochures, physical meetings, the Group continues to leverage video and social media platforms to reach a wider audience easier and faster engagement, such as, virtual sales galleries and virtual meetings via Zoom. 

We have adopted a three-tiered approach when establishing the sustainability governance structure. Our sustainability governance is led by the Board of Directors (“the Board”) with the Sustainability Steering Committee (“SSC”) reporting to the Board. The SSC members consist of the Executive Directors of the Company and chaired by the Group Managing Director. The SSC is further assisted by the Sustainability Working Committee (“SWC”) which is headed by senior management team.

Board of Directors → Sustainability Steering Committee  → Sustainability Working Committee 

Roles and Responsibilities 

1.Board of Directors

Responsible for the Group’s overall implementation of sustainability strategies and initiatives

2.Sustainability Steering Committee 

Propose and recommend sustainability strategy and initiatives 

Review mitigation plans for identified Economic, Environmental and Social (“EES”) risks and other related areas 

Oversees the performance of the SWC’s implementation of approved initiatives 

3.Sustainability Working Committee 

Identify, monitor and manage EES risks in respective divisions 

Delve into the safety, health, environment and quality challenge

Ethics and Integrity  

BCB has put in place a remuneration framework as prescribed in the Remuneration Policy and Procedures (“Remuneration Policy”) that provide a level of transparency to ensure the policy underlying the Directors’ and Key Senior Management’s remuneration is readily accessible by stakeholders. The Remuneration Policy consists of the process of annual review of the Executive Directors and Key Senior Management and their remuneration components.   

Legal and Regulatory Compliances 

BCB’s governance entails the Group to adhere to numerous national legislations, regulations and standards to maintain our business licenses to operate within the society, retain trust from stakeholders, and avoid adverse consequences and unwarranted situations.

BCB abide by all relevant laws, policies and regulations in the jurisdiction we operate. The key laws and regulations applicable to real estate, property development and constructions industries compliances are the National Land Code (Act 56) 1965, Malaysian Construction Industry Development Board Act 1994, Housing Development (Control and Licensing) Act 1966, Strata Titles Act 1985 and Strata Management Act 2013.

We abide to the regulations of environmental compliances including Environmental Quality (Clean Air) Regulations 2014, Environmental Quality (Sewage) Regulations 2009, Environmental Quality (Declared Activities) Open Burning Order 2003, and social compliances like Employment Act 1955 and Occupational Safety and Health Act 1994.

During the financial year 2022, the Group recorded zero non-compliances.