Marco Holdings Berhad (“MHB”) and its groups of subsidiaries (“Group”) are listed on the Main Market of the Bursa Malaysia Securities Berhad (Bursa Malaysia or the Exchange). Our Group operates principally in Malaysia, and our principal activities include wholesale and distribution of timepieces, consumer technology and electronics products and electronic musical instruments. We have investment properties in Melaka and Kuala Lumpur. Led by a qualified and experienced management team with a staff strength of about 100, our Group has built a solid accomplishment over the last 50 years. In year 2022, we celebrated our 50th Anniversary. With the slogan “Growing with Digitalization”, we continue to advocate the changes for sustainability via digitalisation in our business process.
About The Sustainability Statement
We recognise the need to disclose information in a comparable and transparent manner, This Sustainable Statement complies in the Annual Report of Listed Issuers (‘Guidelines”) issued by Bursa Malaysia Securities Berhad. It covers our responsibilities to our stakeholders and the development in sustainability we have made and should be read in conjunction with the Annual Reports to respective years. The content presented in the statement is divided in two sections. Section 1 gives an overview of this statement. Section 2 outlines our sustainability governance structure and strategy, followed by our approach to stakeholder engagement and defining material ESG topics. In the same section, we have aligned our sustainability efforts to specific UNSDGs. We have demonstrated our progress against our sustainability targets.
Approach to Sustainability and Commitment
MHB always strive to embed our group’s values and its policy and associated commitments for promoting sustainable practices and disclosures toward our present & future needs. The increased familiarisation towards Environment, Social & Governance (ESG) practices have enabled the key pillar for us to measure in sustainability when doing business.
Our sustainability approach also sets a clear direction for our business while guiding the development of our strategies to boost performance across all business segments, referencing to the blueprint named as the Sustainable Development Goals (SDG) set by United Nation. At MHB and the group of companies, we aimed to make a meaningful difference to the way our businesses operate so that we create sustained values to managing our environment footprint, looking after people, communities & social welfare and delivering customer satisfactions, product and service excellence. We embed a responsible and sustainable approach across the Group.
MHB are now more incline toward solutions that are able to integrate sustainability into our developments and business activities to achieve a meaningful sustainable framework as illustrate below
SUSTAINABLE Goals for MHB
MHB’s Interactive Engagement Process