At the core of First Myanmar Investment Public Company Limited, Sustainability Strategy is one of the vehicles we use to help us achieve our mission, which it to “Build a Better Myanmar for Its People.” We strive to create long-term value through our Vision:
Our mission and targets are aligned closely to the Myanmar Sustainable Development Plan recently published in August 2018, enabling us to create greater value for our stakeholders. Our focus on the highest standards of governance, ethics, sustainability and responsibility also reflect our commitment as one of Myanmar’s leading companies in the industry.
Within the context of our Sustainability Framework, FMI Head Office provides leadership and capital to support the operating companies in their respective areas of service delivery and operational expertise. We monitor and evaluate the sustainability performance of our operating companies in six key areas –Anti-corruption, Legal Compliance, Environment, Employee Training and Development, Diversity and Local Communities – intended to encompass and incorporate the significant Environmental, Social, Governance (ESG) impacts of their operations.
Each of FMI’s major investees is actively enhancing their capacity to serve the public. Beyond mere compliance with minimum service standards, our management focuses on improving their own governance, service excellence, and social responsibility through innovation. Our investees report ESG performance separately.
|Anti-Corruption||Zero cases of corruption, fraud or bribery reported.|
|Legal Compliance||Zero cases of fraudulent behaviour reported.|
|Environment||Through the Less Single Use Plastic Campaign, the Group has replaced plastics water bottles with glass jars and cups in the offices, used paper straws and provided reusable stainless-steel water bottles to employees.|
|Employee skills, training and development||The Group is consistently providing a range of development programmes every 3 months.|
|Diversity||Through “Generation Equality: Action Against Harassment at Work” campaign , more than 50% of managers from the company has participated the training on anti-harassment on 10th Dec 2019.|
|Local Communities||The Company has achieved volunteer 2 hours per employee in FY Sep2019 through different activities.|