Page 29 - HRC_Annual_Report_2023

Financial Reports &
Governance Other Information HENGYUAN REFINING COMPANY BERHAD l ANNUAL REPORT 2023 27

OUR CORE VALUES

• Honesty • Speak the truth
• Ethical • Hold to higher
• Openness standards
• Transparent • Walk the talk
• Speak-up
INTEGRITY

• Teamwork • Making things
• Creating lasting happen together
partnerships
• Nurturing
COLLABORATION

• Doing the right thing • “No passing on of
the right way responsibility, the
• “I take responsibility buck stops with me”
over my actions” • Going the extra mile
• Leadership at all
ACCOUNTABILITY
levels

• Care for each other • Treat others as you
• Respect our want to be treated
stakeholders
• Diversity, Equity &
Inclusion
RESPECT

• Treat this as my own • Courage to step
business by having outside the comfort
an entrepreneurial zone
mindset • Challenge status quo
• Proactive and nimble for better efficiencies
ENTREPRENEURIAL
to take on new • Passionate
opportunities • Energetic

Together, these values form the ICARE acronym to make it easy for all employees to remember and adopt as a declaration of
commitment that aligns personal values to those of the Company. The internalisation of these core values is intensified during
employee engagements. In 2023, these values assumed a core role in the implementation of HRC’s core major Turnaround activity
(see page 35), Continuous Improvement Programme (see page 35) and People Programme (see page 33).