notes to the financial statements - Investor Relations

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CWT Limited CORPORATE SOCIAL RESPONSIBILITY “At CWT we align our business strategy towards sustainable development and social progress. We continue to positively impact our communities through the work we do and ongoing commitment to corporate responsibility” Our People Our people play a pivotal role in ensuring the Group’s sustainable development and long-term success. CWT continues to refine and improve our human resource policies in attracting, engaging and retaining the right people to lead the Group to the next phase of growth. In 2011 we expanded our diversified workforce in line with our business expansion. Today our 5,000-plus dedicated employees the world over are unified by a shared vision in ‘connecting world trade.’ They form the nucleus from which we innovate, build relationships and grow the business. At CWT we aim to create an inclusive and fun workplace where employees bond, learn and grow together. We encourage open communication and engage employees through regular feedback and meeting sessions, birthday and festive celebrations as well as via our intranet portal which shares general employee resources, news and events. New employees also undergo an orientation programme to help them familarise with the business and work environment. As part of our overall growth strategy, CWT promises a rewarding career and continues to nurture and develop our people to acquire new knowledge and skills. Over the past twelve months many of our employees attended various enrichment and training courses as part of their learning and development and skills upgrading. We remain committed to ensuring that our people receive the most appropriate training according to their needs in order to develop personally and professionally whilst strengthening our business competitiveness. CWT’s diversified workforce is our key asset and continues to shape the Group for the better. Some of our employees from Malaysia, Singapore, Ivory Coast (top row left to right), UK, Turkey and Spain (bottom row left to right) are pictured here
EHS activities and related awards Environment, Health and Safety CWT adopts a top-down approach in ensuring our people work in a healthy and safe environment at all times whilst integrating environmental best practices into our business. Our Environment, Health and Safety (EHS) Committee actively promotes a healthy work life and safe work place driven by our desire for an accident-free work space. Through education, enforcement and encouragement we continue to instill in our employees individual and collective responsibility towards this cause. In 2011 CWT invested more than 1,900 man hours on EHS training – an increase of 27% over the time invested last year. Our continued and increasing efforts to strengthen our safety culture will remain a top priority. In addition we continue to be guided by our principles and activities in reducing the environmental impact of our operations. Last year CWT Logistics Hub 3 was accredited with the Green Mark Gold Plus Award by the Building and Construction Authority (BCA) of Singapore for incorporating internationally recognised best practices in environmental design and performance. These included energy and water efficiency and savings, solar heat gain minimisation and good natural ventilation design, among other green features. CWT also received Achievement Awards in Distribution Code and Community Awareness and Emergency Response (CAER) for the third consecutive year in the Responsible Care Awards organised by the Singapore Chemical Industry Council (SCIC). Responsible Care is the chemical industry’s global initiative to continuously improve its operations in terms of health, safety and environmental standards. Annual Report 2011 29
Page 1 and 2: CWT Limited Annual Report 2011 Annu
Page 3 and 4: ABOUT THE CWT GROUP VISION To Be A
Page 5 and 6: GROUP FIVE-YEAR FINANCIAL SUMMARY F
Page 7: Largest warehouse operator in Singa
Page 10 and 11: CWT Limited CHAIRMAN’S STATEMENT
Page 12 and 13: CWT Limited BOARD OF DIRECTORS Loi
Page 14 and 15: CWT Limited EXECUTIVE TEAM Loi Pok
Page 17 and 18: ELEVATION Rising through resilience
Page 19 and 20: COMMODITY SUPPLY CHAIN MANAGEMENT C
Page 21: MIDDLE EAST Kuwait Kuwait UK Estoni
Page 24 and 25: CWT Limited OPERATIONS REVIEW “Am
Page 26 and 27: CWT Limited OPERATIONS REVIEW 1. Br
Page 29: CHARACTER Our identity and performa
Page 33 and 34: Investor Relations We regularly eng
Page 35 and 36: CORPORATE GOVERNANCE Annual Report
Page 47 and 48: DIRECTORS’ REPORT YEAR ENDED 31 D
Page 49 and 50: STATEMENT BY DIRECTORS YEAR ENDED 3
Page 51 and 52: STATEMENT OF FINANCIAL POSITION AS
Page 53 and 54: Annual Report 2011 CONSOLIDATED STA
Page 55 and 56: CONSOLIDATED STATEMENT OF CHANGES I
Page 57 and 58: CONSOLIDATED STATEMENT OF CHANGES I
Page 59 and 60: CONSOLIDATED STATEMENT OF CASH FLOW
Page 61 and 62: NOTES TO THE FINANCIAL STATEMENTS Y
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NOTES TO THE FINANCIAL STATEMENTS Y
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STATISTICS OF SHAREHOLDINGS SHAREHO
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NOTICE OF ANNUAL GENERAL MEETING An
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NOTICE OF ANNUAL GENERAL MEETING An
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CWT LIMITED (Company Registration N
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CORPORATE DIRECTORY Loi Pok Yen Gro
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notes to the financial statements - Investor Relations

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