Annual Report 2019

Risk & Crisis Management The Group has our own risk management framework to identify, evaluate and mitigate potential risks and crisis that can impact the Company’s performance. Our aim is to eventually address EES issues when conducting our risk assessments. Sustainability-related risks within the Group are mitigated through the establishment of a Sustainability Working Group Committee to provide the overall direction of sustainability strategies. Our SWGC promotes proactive participation in and awareness of global sustainability matters and ensures compliance with regulatory requirements, including managing the potential impact of environmental related matters such as the Carbon Offsetting & Reduction Scheme for International Aviation (“CORSIA”). For more information, please refer to the SORMIC on page 195. Responsible Tourism As a major driver for tourism, AirAsia endeavours to promote tourism that brings economic benefits to local surrounding communities whilst minimising potential negative social, economic and environmental impacts. Responsible Tourism We support sustainable tourism by initiating guest education programme called +ME, rolling out carbon reduction and waste management policies, and implementing the collection and separation of recyclable items on flights. Sustainable Community-Based Tourism Programme AirAsia Journey D programme held regular discussion with the local leaders regarding the local tourism offerings and social enterprise initiatives. On top of that, AirAsia Foundation kick-started the first social enterprise hub- Destination: GOOD which showcases over 400 socially and ethically produced handicrafts sourced from 30 social enterprises across ASEAN. Operating permanently at REXKL, the social enterprise hub will continuously seek to promote sustainable travel and lifestyle solutions to the public, whilst improving the status of local communities. For more information on Responsible Tourism initiatives, please refer to the Social Section: Corporate Citizenship & Philanthropy on page 169. AIRASIA GROUP BERHAD ANNUAL REPORT 2019 143 SUSTAINABILITY STATEMENT