Corporate Responsibility

Our current non-financial reporting provides our stakeholders with specific data points on these topics. To foster comparability, we use the following reporting standards: the Sustainable Development Goals (SDGs) and the GRI Standards as detailed below.

TMH endorses the following frameworks to structure its corporate reporting:

The table below highlights our priorities regarding the SDGs:

SDG Explanation Results
We aim to create good careers opportunities for our people. We also believe TMH can play a critical role in developing the Myanmar economy.
  • 250 people are employed in our Company; we hired 73 people and 15 colleagues were promoted.
  • Staff turnover increased from 17% in FY20/21 to 30% last year as some of our staff decided to resign to explore opportunities abroad.
  • We, unfortunately, recorded one work-related accident; TMH spent 125 times more to cover medical expenditures, especially related to that work-related accident.
Building infrastructures that will fuel and facilitate the operations of our tenants is our core business. In short, we contribute to connecting Myanmar to the world and digitalising our economy.
  • We maintained 900+ telecom towers that provide network connectivity to 501,000+ people.
  • We have installed 4,050+ km of optical fibre since 2017 and have more than 50,800 clients connected to our network.
Building a sound and corruption-free society is key to fuelling Myanmar’s development.
  • A zero-tolerance approach to corruption.
  • One case of fraud was detected. Our internal audit team investigated, and we reinforced our management approach.

Enhancing our corporate disclosure

As a listed company, we must comply with various regulations related to corporate disclosure. For example, we strive to disclose all material information in a timely manner, through YSX’s website  and our own to comply with Notification 1/2016 on Continuous Disclosure issued by SECM.

Since 2019, our website is regularly updated to facilitate access to relevant documents and data. TMH has also decided to keep investing in enhancing its corporate disclosure. We updated our mapping with the ASEAN Corporate Governance Scorecard. The document is available here.

Our corporate secretary is responsible for collecting all the necessary non-financial data and is also coordinating all our efforts on sustainability. We understand the main expectations of our stakeholders, as disclosed on our website. Therefore, the most materials topics are for TMH as follows:

  • For our staff: safety and security of our staff, working conditions and compensation, training, and social dialogue.
  • For the local communities: access to remedy.
  • For Myanmar people: access to the internet.

Our progress in Pwint Thit Sa

Conducted regularly by the Myanmar Centre for Responsible Business and Yever , Pwint Thit Sa assesses the disclosure of Myanmar companies.

According to the last edition’s results, TMH improved its score from 54% in 2020 to 58%. With this score, TMH ranked 11th, and 2nd among listed companies.

Evolution of TMH’s score in Pwint Thit Sa

 

Ensuring the continuity of our operations

The political crises impacted our operations. In collaboration with our clients, we assessed the risks related to security and safety.

Some of the sites are located in conflict areas. Ensuring the security of our employees can be highly complex. We work closely with our clients to assess the situation and decide if it is safe to operate and proceed. We also engage local communities; most of the sites’ guards are locally employed and can provide us with relevant information.

Supply chain management

TMH relies on various suppliers and service providers to deliver projects to our clients.

Our procurement team is responsible for selecting relevant suppliers to ensure we can source all the right components on time and within budget. To ensure the quality of these suppliers’ work, our procurement team has defined a scorecard covering various dimensions, such as their ability to deliver on time, quantity, and quality. We also assess their quality of service. We monitor their overall performance at least twice per year. If areas of improvement are identified, we brief them.

To perform specific operations, we may need to engage with foreign suppliers. TMH is impacted on two fronts: first, we need up to 12 months to get all the necessary import licenses, and second, our ability to access foreign currency is minimal. This hinders our ability to deliver our projects on time, and we expect further deteriorations in the coming months.

To minimize these risks, we anticipate our procurement as much as possible and source and procure goods and services from Myanmar companies. In FY 23/24, 42% of our expenditure was on foreign suppliers, mainly from China.

Environmental performance

As a telecom company, our direct environmental impacts are limited.

Regarding waste, our activities generated 50% less waste in FY23/24, with 119 kg of waste compared to 243 kg in FY22/23. We recycle 100% of our waste with a third party.

Our total energy consumption increased significantly to 30,021 MWh from 940 MWh in FY22/23, of which 96% is used when we refill the power generators while maintaining the telecom towers.  As a result, our operations emitted 8,546 tonnes of carbon dioxide equivalent (CO2e) last year for our Scopes 1, 2 and 3. Scope 1 comprises the emissions of the assets we own and use to operate our activities. Scope 2 includes the electricity emissions consumed for our operations. Scope 3 consists of the indirect emissions from the assets that we do not own. 97% of our emissions are the consequences of diesel refills of the generators owned by our clients for the telecom towers we maintain.

Non-financial data

More information can be found in our Annual report that can be downloaded here.

KPIs Unit FY 23/24 FY 22/23 SDG UNGC GRI
BTS
Number of clients Number 1 2 8 102-6
Number of BTS maintained by TMH Number 949 948 8 102-6
Number of people connected to the mobile network Number 501,072 500,544 8 102-6
Number of people connected to high-speed mobile network Number 142,350 142,200 8 102-6
Number of performance issues/service disruptions % < 1% < 1% 8 102-6
Customer satisfaction rate % > 99% > 99% 8 102-44
Number of awards Number 3 4 8
Fibre
Number of clients Number 50,841 44,866 8 102-6
Optical fibre installed km 103 8 102-6
Data capacity Gbps 73 76 8 102-6
Customer satisfaction rate % >93% >95% 8 102-44
Mobile
Cards produced Number 7,682,600 14,765,500 8 102-6
KPIs Unit FY 23/24 FY 22/23 SDG UNGC GRI
Compliance
Total number of ethics-related complaints/breaches Number 1 0 16 6, 10 205-3
Transparency
Ranking in Pwint Thit Sa Number 11 9 16 10
Board
Number of Directors certified by the MIOD Number 4 3 16 10
Number of BOD Members trained Number 0 0 4, 8 6 404-2
KPIs Unit FY 23/24 FY 22/23 SDG UNGC GRI
Headcount
Total number of people Number 250 273 8 6 102-7
Number of female employees Number 73 76 5, 8 6 405-1
Number of engineers/managers Number 120 142 5, 8 6 102-8
–          Number of females Number 20 19 5, 8 6 102-8
–          Number of males Number 100 123 5, 8 6 102-8
Number of staff/supervisors Number 46 53 5, 8 6 102-8
–          Number of females Number 32 36 5, 8 6 102-8
–          Number of males Number 14 17 5, 8 6 102-8
Number of workers/employees Number 80 74 5, 8 6 102-8
–          Number of females Number 21 15 5, 8 6 102-8
–          Number of males Number 59 59 5, 8 6 102-8
Employee Engagement
Absenteeism rate % 1% 1% 8 6
Turnover rate % 30% 17% 5, 8 6 401-1
Average length of service Years 8.3 9.2 8 6 401-1
Health and Safety
Number of accidents Number 1 2 8 6 403-9
Frequency rate Accident / million of working hours 2.42 4.53 8 6 403-9
Number of fatal accidents Number 0 0 8 6 403-9
Fatality rate Fatality / million of working hours 0 0 8 6 403-9
Training
Total number of training hours Hours 450 88 4, 8 6 404-1
Total number of people who received at least one training Number 51 11 4, 8 6 404-2
% of people trained % 20% 4% 4, 8 6 404-3
Average hours of training per trainee Hours 2 0.3 4, 8 6 404-1
Career Development
Total number of people hired Number 73 43 5, 8 6 401-1
–          Number of females Number 24 14 5, 8 6 401-1
–          Number of males Number 49 29 5, 8 6 401-1
Total number of people promoted Number 15 1 5, 8 6 404-3
KPIs Unit FY 23/24 FY 22/23 SDG UNGC GRI
Energy
Total electricity consumption kWh 30,021,197 940,631 12, 13 7, 8 302-1
Carbon
Carbon emission tonne CO2 eq. 8,546,624 241 13 7, 8 305-2
Water
Water consumed m3 74.2 62.8 6 7, 8 303-1
Waste
Waste produced kg 119 243 13 7, 8 306-2

 

KPIs Unit FY 23/24 FY 22/23 SDG UNGC GRI
Tax
Total amount of tax contributed million MMK 399 246 16 207-4
Philanthropic Activities
Total amount of donation million MMK 1 2 9 203-1