- Community
Ying Li encourages all staff to be active and socially responsible by participating in charity programmes for the less privileged in society, volunteering their time and work for natural disaster assistance programmes, educational assistance programs and environmental enhancement initiatives.
We also reach out to our staff, by visiting sick family members to ensure that all staff know that the company cares for their welfare. Furthermore, we organise communal sports activities and training events annually to strengthen the corporate culture and cohesiveness among our staff.
We have made monetary donations to assist communities affected by disasters and our top management also actively participate in the various community engagement programmes, leading by example to encourage the contribution of time, money and work for the less fortunate.
- People
Ying Li’s track record of consistent growth would not have been possible without the talents and hard work of its employees at all levels, from top management to ground level operations and administrative staff.
We are always looking for ways to improve our human resource management system. We have implemented an effective human resource management system with the focus on skills training and development for all staff, to ensure that they will have the continuous improvement in their skills set to support the Group’s growth.
Our human resource management system employs a top-down approach to goal-setting, with the articulation of the company’s objectives permeating down to align with the key performance indicators (KPI) for the individual according to his employment position and role in the Group. Through this, we hope to attract and retain the best talent to grow the business further.
- Corporate Governance
The Board of Directors is committed to ensuring that the highest standards of corporate governance are practised throughout the Group as a fundamental part of its responsibilities to protect and enhance Shareholder value and the financial performance of the Group.
Within the Group’s annual report, it describes the Group’s corporate governance practices and structures that were put in place during the year with specific reference to the principles and provisions of the applicable Code of Corporate Governance 2018, and where applicable, the Listing Manual of the Singapore Exchange Securities Trading Limited (“SGX-ST”), the Companies Act (Chapter 50) of Singapore (“Companies Act”) and the Audit Committee Guidance Committee Guidebook, focusing on areas such as internal controls, risk management, financial reporting, internal and external audits.
- Whistle Blowing Policy
The Group is committed to a high standard of ethical conduct and adopts a zero tolerance approach to fraud. The Company has put in place a whistle-blowing policy and procedures duly endorsed by the Audit Committee (“AC”), where employees of the Group and another person may, in confidence, raise concerns about possible corporate improprieties in matters of financial reporting or other matters such as suspected fraud, corruption, dishonest practices etc. All reports, including anonymous reports, reports that are lacking in details and verbal reports, will all be investigated into. All complaints will be treated as confidential and will be brought to the attention of the AC.
Assessment, investigation and evaluation of complaints are conducted by or, at the direction of the AC if it deems appropriate, independent advisors engaged at the Group’s expense. Following investigation and evaluation of a complaint, the AC will then decides on recommended disciplinary or remedial action, if any. Appropriate actions that are determined by the AC shall then be brought to the Board or to the appropriate senior executive of the Group for authorization or implementation respectively.
In the event that the report is about a Director, that Director will not be involved in the review and any decision making with respect to that report. The policy aims to encourage reporting of such matters in good faith, with the confidence that any employees and any other persons making such reports will be treated fairly and be protected from reprisals. Details of the whistle-blowing policy have been made available to all employees.
- Sustainability Reports