As a responsible corporate citizen, we strive to ensure that our operations do not negatively impact the communities in which we operate. We actively monitor stakeholder feedback and address concerns in a timely manner.
Engaging with our stakeholders
The trust and confidence of our stakeholders are among our most critical assets. We regularly engage with our most important stakeholders and ensure our approach is consistent and aligned with our policy.
Our support during Typhoon Yagi
In September 2024, Typhoon Yagi struck Myanmar, triggering widespread flooding across 192 townships nationwide. According to the World Bank, around 2 million people were left homeless, while 1.4 million faced food insecurity. In addition, more than 480,000 hectares of cropland were inundated, representing approximately 3.5% of the country’s total agricultural land, and about 54% of farmers were affected, suffering losses of crops, livestock, equipment, and other essential resources.
As the disaster directly impacted our customers, we acted swiftly to support those affected by the flooding. Our regional managers visited the impacted areas to assess community needs. Given the sudden nature of the event, urgent assistance was required, particularly for essential items such as rice and drinking water. In response, we coordinated efforts and provided basic necessities to affected communities. We distributed rice, cooking oil, and drinking water to 32,516 families across 150 villages, totalling 1.7 billion MMK in support. Additionally, our subsidiary company, Maha, contributed 352 million MMK to assist 11,747 of its customers.
