Building Growth For A
Sustainable Future

Sustainability Governance Structure

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  The Board of Directors

  The Board of Directors

  • is responsible for the long-term success and sustainability of the Group;
  • determines the material ESG factors of the Group;
  • sets the tone and provides guidance for the Group’s Sustainability Strategy;
  • reviews and discusses climate-related risks and opportunities.
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  Audit & Committee (“ARC”)

  Audit & Committee (“ARC”)

  • assists the Board in fulfilling its responsibilities for the Group’s Sustainability Strategy;
  • oversees the Group’s internal controls, and its risk and sustainability reporting and processes;
  • evaluates how the management reviews the climate-related and other ESG risks and opportunities; and
  • assesses the adequacy and effectiveness of measures to manage any notable risk areas.
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  Management Risk and Sustainability Committee (“MRSC”)  

  Management Risk and Sustainability Committee (“MRSC”)  

  • supports the Board and ARC in oversight of risk and sustainability matters and initiatives;
  • responsible for the design, implementation and monitoring of risk & sustainability reporting and processes;
  • responsible for identifying, assessing, and managing climate-related and other ESG risks and opportunities;
  • provides management assurance to the Board on the adequacy and effectiveness of internal controls and risk & sustainability processes.
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  Governance and Risk Team (“GRS”)

  Governance and Risk Team (“GRS”)

  • reviews and updates ERM & sustainability assessment frameworks;
  • is a conduit between MRSC and RSWC & HSSE Working Committee;
  • supports the Group on the oversight of risk matters, including climate-related risk assessments; and
  • scans and profiles emerging risks, including climate and sustainability risks.
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  Risk & Sustainability Working Committee (“RSWC”)

  Risk & Sustainability Working Committee (“RSWC”)

  • formulates sustainability and climate-related programmes or initiatives;
  • reviews both strategic and operational-level risk & sustainability-related matters and develops responses;
  • reviews compliance with relevant regulations or practice standards and cascades to operational teams;
  • guides business divisions on the implementation of initiatives.
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  Health, Safety, Security and Environment (“HSSE”) Working Committee

  Health, Safety, Security and Environment (“HSSE”) Working Committee

  • Reviews policy aspects of health, safety, security matters at FEOR and cascades policy to operational units;
  • takes feedback from operational teams on relevant HSSE matters and provides guidance or escalation to management for further action.
  • plans, cascades or provides relevant training to operational units, including specific Group-level business continuity management activities.
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  Business Divisions

  Business Divisions

  • appoints suitable representatives to the RSWC and HSSE Working Committee;
  • implements climate or other ESG-related initiatives cascaded from the MRSC and/or RSWC, ensuring a clear and consistent approach across the Group; and
  • designates Risk, Safety & Security ("RSS") champions to manage relevant risks identified by the RSWC or HSSE Working Committee including raising material climate or ESG-related issues to management.