Megachem Limited Annual Report 2015 69 Euro V compliant trucks > SUSTAINABLE HUMAN CAPITAL Megachem is influenced by the effects of demographic changes worldwide. The rising life expectancy, shrinking and aging population represent special challenges for companies’ human resources management. We at Megachem have an important role to play in mastering the demographic challenges of the future. By the way in which we address these challenges, we can shape the social environment in which we operate while at the same time securing competitive advantages. Sustaining our human capital therefore becomes critical for us to achieve our long term goals. Charity Run With a view to maintaining the employability of our workforce, increased focus is placed on preventive health care. Regular health screening examinations and a wide range of sporting activities are examples of what we do to positively influence employees’ health. We also provide comprehensive health insurances to our employees to help defray part of their medical costs. Competition for talent will become more intensified as well with the changing demographics. Megachem’s human resource management adopts a holistic approach that not only provides tangible rewards but also intangibles such as work-life balance practices, education sponsorship, continuous training and upgrading as well as flexible work schedule. Our employees are also entitled to various type of leaves such as parental care, career break/sabbatical, prolonged sickness, dependent care, maternity, paternity and examination leave. These initiatives are also aimed at prolonging the employability of our employees. As a Work Life Achiever Award recipient, Megachem commits to create and sustain a working environment supportive of work life balance for all employees where they are respected partners of the business. We are committed to energy efficiency and conservation of resources. Our efforts in this area includes reducing paper, electricity and water consumption, reducing waste water, paper recycling and adopting proper chemical waste treatment methods. Most of our office lighting systems uses energy saving features to reduce electricity consumption. Product and sales information such as product and material safety data sheets are maintained in our system and transmitted to our customers electronically thus reducing usage of paper. Sales invoices are also transmitted electronically to other entities within our Group. Most of our delivery trucks are in compliance with the EURO V standard which helps to reduce the emission of CO2 and other gases.
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