Sustainability
The Group considers sustainability as a key element of its mission to “Build a Better Myanmar for Its People”. The Group’s mission and targets are closely aligned to its Sustainability & Responsibility (“S&R”) strategy, enabling greater value to be created for its stakeholders with a focus on the highest standards of governance, ethics, sustainability and responsibility.
The Group’s sustainability efforts are structured around the Sustainable Development Goals (“SDGs”) of the UN Global Compact (“UNGC”) framework and its sustainability objectives are organised around People, Planet and Profit.
To find out more, please download our sustainability report here.
CSR
The Group’s Corporate Social Responsibility (“CSR”) is committed to contribute to Myanmar’s development and drive positive change to the communities in which we operate. The Group’s CSR activities focus on three pillars- education, healthcare and community.
Jump!Beam Youth Development Program – In collaboration with international NGO Jump and Thai-based, Myanmar focused NGO Beam, The Group has been involved in setting up workshops for 150 Young people nationwide to teach essential business and entrepreneurial.
Step-in Step-up Program – The Group supports Step-in Step-up, a Vocational Training Association based in Hlaing Thar Yar Township. Step-in Step-up’s primary focus is on making a difference to the lives of the young and vulnerable.
With its livelihood tailored training, Step-in Step-up focuses on preparing local youth for entry level jobs. To date, Step-in Step- up as delivered and sourced employment for over 200 men and women from the age of 18 and up. Of that number, up to 93% of the candidates who completed the training to date have been successful in securing long term employment. Up to 85% of the graduates continue to maintain their position up to 12 months later. Finally, 6% of the candidates have been inspired to return to school or embark on a course to further their education.
During their training, Step-in Step-up interns work in the important frontline positions at Pun Hlaing Hospital, F&B and Housekeeping at Awei Metta and Pun Hlaing Estate. Interns also volunteered at the quarantine centres within Daing Su and Nyaung Villages.
Fund Raising from Yoma Yangon International Marathon – To support the Myanmar Sustainable Development Plan, a portion of the proceeds from Yoma Yangon International Marathon was donated to the Ministry of Health and Sports – Institute of Sports and Physical Education. The fund will go directly towards programs to help uplift the quality of sports education in Myanmar.
In addition to the above educational work, the Group donates meals, school supplies and routinely repairs schools in Kempyo, Thanlyin, Toontay, Htauk Kyant, Rakhine state, Moe Kaung as well as West Yangon Technological University and Victory Blind School.
The Fight Against Malaria – Various subsidiaries of Yoma Strategic have partnered with M2030 to raise awareness of and fund for the fight against malaria. M2030 is a movement launched by the Asia Pacific Leaders Malaria Alliance (APLMA) to eliminate malaria in Asia by 2030. Yoma Strategic is M2030’s funding partner in Myanmar. The existing M2030 partners from Yoma Strategic’s entities include Wave Money, Volkswagen, New Holland, JCB, KFC, Auntie Anne’s, YKKO, Little Sheep Hotpot and Yoma Micro Power. Funds are raised annually for the M2030 campaign which support malaria elimination programs implemented by the Population Services International Myanmar, one of the leading non-profit organisations fighting malaria in the country.
Annual Blood Donation Drive – With 50% of Myanmar’s blood needs currently unmet, our various entities around the country routinely hold blood drives to help those in need of blood transfusions and to raise awareness of the shortage of blood.
The Group gives back to the community through its financial contributions and voluntary work. In FP2020, the Group’s employees collectively achieved 11,592 hours of volunteer work and the Group contributed approximately US$165,000 for social causes, such as the provision and maintenance of a refuse facility for a local community which improved the hygiene and living conditions for local residents. Numerous corporate and social responsibility initiatives in education, healthcare and environmental for the local community were also undertaken by our various businesses.
The Group also hosts various charity events to raise funds towards social enterprises who provide vocational training. These charity organization include Yangon Bakehouse, Yangon Dog House, Pomelo, Eden and the Myanmar Alliance of Rabies Control.
