Corporate Responsibility

Our corporate social responsibility is not limited to our philanthropic efforts. We consider that paying our taxes, reducing our environmental footprint or offering good, safe, and rewarding working conditions are part of our corporate social responsibility. We strive to meet high ethical standards, and you can find out more about our approach here.

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 for developing Myanmar economy.
  • 273 people are employed in our Company; we hired 43 people and 13 colleagues were promoted.
  • Staff turnover increased from 8.8% in FY20/21 to 16.7% last year as some of our staff decided to resign to explore opportunities abroad.
  • We, unfortunately, recorded two work-related accidents; TMH spent 3.3 times more to cover increasing medical expenditures related to COVID-19.
Building infrastructures which will fuel and facilitate the operations of our tenants is our core business.
  • We maintained 900+ telecom towers that provide network connectivity to 500,500+ people.
  • We have installed 4,050+ km of optical fibre since 2017 and have more than 44,800 clients connected to our network.
Building a sound and corruption-free society is a key to fuel Myanmar development.
  • A zero-tolerance approach to corruption.
  • A New Code of Conduct approved by our Board.
  • 0 breaches of our principles.

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 also decided to keep investing in enhancing its corporate disclosure and in August 2020, we published a mapping of our disclosure practices against the Myanmar Corporate Governance Scorecard developed  by the SECM, DICA  and YSX with the support of IFC . The document is available here.

Focus – Our progress in Pwint Thit Sa

Conducted regularly by 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.

Ensuring the continuity of our operations

The COVID-19 pandemic and 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, and Ethnic Armed Organisations even control some. 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.

To minimize our exposure to foreign exchange rate variations, we decided to source and procure goods and services from Myanmar companies. This is also a means for us to secure our supply chain, as imports have been seriously impacted. In FY 19/20, 40% of our expenditures was on foreign suppliers. The share has gradually decreased reaching 0% in FY22/23. In other words, TMH now operates exclusively with Myanmar suppliers and partners.

To ensure the quality of these suppliers’ work, our procurement team has defined a scorecard covering different 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 debrief them.

Environmental performance

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

Regarding waste, as we were working more from home, our activities generated 243 kg of waste in FY22/23 compared to 298 kg in FY20/21. We managed to recycle 100% of our waste, with a third-party.

Our total energy consumption reached 940 MWh of which 87% was used for our fleet of vehicles. Last year, our  operations emitted 240 tonnes of carbon dioxide equivalent (CO2e) – scope 1 and 2. Scope 1 comprises the emissions of the assets we own and use to operate our activities, while scope 2 includes the electricity emissions consumed for our operations. 85% of our emissions are the consequences of the fleet of vehicles we use to operate.

Non-financial data

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

KPIs Unit FY 22/23 FY 21/22 SDG UNGC GRI
BTS
Number of clients Number 2 2 8 102-6
Number of people connected to the mobile network Number 500,544 497,376 8 102-6
Number of people connected to high-speed mobile network Number 142,200 141,300 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 4 4 8
Fibre
Number of clients Number 44,866 43,103 8 102-6
Optical fibre installed km 103 89 8 102-6
Data capacity Gbps 76 55 8 102-6
Customer satisfaction rate % >95% > 96% 8 102-44
Mobile
Cards produced Number 14,765,500 8,136,000 8 102-6
KPIs Unit FY 22/23 FY 21/22 SDG UNGC GRI
Compliance
Total number of ethics-related complaints/breaches Number 0 0 16 6, 10 205-3
Transparency
Ranking in Pwint Thit Sa Number 11 16 10
Board
Number of Directors certified by the MIOD Number 3 3 16 10
Number of BOD Members trained Number 0 0 4, 8 6 404-2
KPIs Unit FY 22/23 FY 21/22 SDG UNGC GRI
Headcount
Total number of people Number 273 270 8 6 102-7
Number of female employees Number 76 78 5, 8 6 405-1
Number of engineers/managers Number 142 138 5, 8 6 102-8
–          Number of females Number 19 17 5, 8 6 102-8
–          Number of males Number 123 121 5, 8 6 102-8
Number of staff/supervisors Number 53 51 5, 8 6 102-8
–          Number of females Number 36 37 5, 8 6 102-8
–          Number of males Number 17 14 5, 8 6 102-8
Number of workers/employees Number 74 77 5, 8 6 102-8
–          Number of females Number 15 18 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 % 17% 8% 5, 8 6 401-1
Average length of service Years 9.2 6.5 8 6 401-1
Health and Safety
Number of accidents Number 2 0 8 6 403-9
Frequency rate Accident / million of working hours 4.53 0 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 88 152 4, 8 6 404-1
Total number of people who received at least one training Number 11 19 4, 8 6 404-2
% of people trained % 4% 7% 4, 8 6 404-3
Average hours of training per trainee Hours 0.3 0.5 4, 8 6 404-1
Career Development
Total number of people hired Number 43 11 5, 8 6 401-1
–          Number of females Number 14 4 5, 8 6 401-1
–          Number of males Number 29 7 5, 8 6 401-1
Total number of people promoted Number 1 12 5, 8 6 404-3
KPIs Unit FY 22/23 FY 21/22 SDG UNGC GRI
Energy
Total electricity consumption kWh 940,631 413,874 12, 13 7, 8 302-1
Carbon
Carbon emission tonne CO2 eq. 241 82 13 7, 8 305-2
Water
Water consumed m3 62.8 37.9 6 7, 8 303-1
Waste
Waste produced kg 243 153 13 7, 8 306-2

 

KPIs Unit FY 22/23 FY 21/22 SDG UNGC GRI
Tax
Total amount of tax contributed million MMK 246 142 16 207-4
Philanthropic Activities
Total amount of donation million MMK 2 25 9 203-1