Annual Report 2020
Changing Futures,
Raising Hopes
When hopes are raised, spirits are lifted. A small smile turns into a glowing heart ― determined, motivated and driven. A spark… it is all that’s needed to ignite new futures.
Download Annual Report 2020Yayasan PETRONAS at a glance
As the corporate social responsibility arm of PETRONAS, Yayasan PETRONAS supports its commitment to the United Nations’ Sustainable Development Goals of Decent Work and Economic Growth, Good Health and Well-being, Quality education and Climate Change.
We do this by expanding opportunities for those facing the greatest barriers and give them hope for a sustainable future through our focus in Education, Community Well-being and Development and the Environment.
Education
PETRONAS has invested in education outreach programmes for underprivileged and deserving Malaysians. We offer scholarships, build structures and institutions, run science fairs and choral speaking competitions. We engage students, teachers and the community.
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Community Well-being and Development
Our programmes are specifically designed to uplift underserved groups especially the B40 community and give them a chance at a better quality of life. We work to upskill them and provide basic necessities such as access to clean water, where it is needed.
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Environment
PETRONAS have been constantly improving to mitigate and remediate our impact on the environment, undertaking meaningful actions to protect Malaysia’s rich biodiversity and environmental heritage.
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The Year in Review
The year 2020 was one of recalibration.
At Yayasan PETRONAS, we knew we had the stewardship and resources to respond strategically in the places others could not, and we forged ahead to meet the needs of healthcare workers, the healthcare system and high-risk groups. At the same time, we continued to soldier on with our other projects to benefit society, transform lives, and plough back into the environment.
What followed was a display of how the human spirit can adapt and innovate to meet unspoken challenges in a time of shared adversity.
Almost half (48%) of the RM47.25 million funds were diverted to COVID-19 relief efforts, while 43 per cent went to grants, donations and running programmes under the Education, Community Well-being and Development and Environment pillars. Other funds went to support services such as administration and communications.