Sustainability Approach
The Group embarks on its journey towards long-term sound and sustainable growth by adopting this framework to further improve the Group’s culture and performance via operational excellence. As an integral part of the Group’s business strategies and decisions, we focus on continuous improvement to deliver the targeted operation outcome, care for safety and health to enhance moral, productivity and efficiency, observe corporate compliance to ensure business is conducted ethically and responsibly, elevate our range of green products as green initiative, increase engagement on issues related to climate change to assist in addressing global warming and develop our human capital for economic and social growth. The Group believes in the theme “Together we can do it”.
Sustainability Governance
The Board of Directors has oversight on sustainability and climate related matters of the Group. The Sustainability Steering Committee (“SSC”) assesses the potential impact of governance, environment, economic and social in the setting of sustainability and climate related goals. The SSC reviews the strategies and manages processes, initiatives, targets and performances in relation to sustainability and climate related matters while the Sustainability Working Committees (“SWC”) execute and report status of the initiatives. This fosters team culture, enabling the setting of integrity culture and overall accountability across the Group, along with building stakeholders’ trust on the ground that the Group is working towards delivering sustainable stakeholders’ value.
Governance Structure
The Group has a well-established governance led from the top, with clear accountabilities for continual implementation of sustainability initiatives with the objective of striving for sound and sustainable growth.
The Group’s SSC comprises senior Head of Department of the relevant operations and is chaired by the Group Managing Director (“GMD”), with the Chief Financial Officer as deputy. The GMD plays the role of the Chief Sustainability Officer, reporting directly to the Board on any sustainability matters. The SSC oversees the implementation of the Group’s sustainability initiatives and climate related strategies to ensure that key metrics targets are being monitored.
The SSC is assisted by the SWC comprising key staff from various departments of the operating companies nominated by the SSC. The SWC’s reporting duties include provision of information, collection of feedback from stakeholders, addressing material sustainability issues and driving initiatives approved by the SSC.