Sustainability Statement 2

OUR SUSTAINABILITY GOVERNANCE STRUCTURE

The Group has established a Risk Management and Sustainability Committee (“RMSC”), helmed by the Managing Director and other Executive Directors of the Company as well as Heads of Business Units of the Group as Committee members. The RMSC, which assists and reports directly to the Board on risk management and sustainability matters, is supported by a working group comprising members of the RMSC and key Management staff. The working group is involved in the identification of MSMs, as well as the management of MSMs, which are deliberated at the RMSC and the outcome thereof is disseminated to the Board for notification and comments, as case may be.

The roles of each team in the Sustainability Governance Structure are as follows:

BOARD OF
DIRECTORS

MANAGING
DIRECTOR

RISK MANAGEMENT
& SUSTAINABILITY
COMMITTEE

WORKING
GROUPS

Board of Directors	Evaluate the Group’s overall sustainability strategies, direction and agenda. Conduct the final review and approval on sustainability matters relating to the Group.
Managing Director	Drives and monitors the implementation of the Group’s sustainability strategies, direction and agenda. Approves sustainability strategies and framework.
Risk Management & Sustainability Committee (“RMSC”)	Evaluates overall sustainability risks and opportunities and develops the sustainability strategies with agenda for implementation. Monitors implementation of sustainability programs to ensure compliance from all departments at operational level. Resolves critical or major sustainability issues that may impact the Group. Periodically reviews the progress of sustainability implementation and reports to the Board. Reports to the Board of any unresolved critical sustainability issues.
Working Groups (Plantation)	Supports and promotes effective implementation of the sustainability strategies through regular monitoring, reviewing, and improving sustainability practices in all plantations. Ensures resources and procedures are in place to achieve its sustainability commitments and targets. Continuously improves the management system to meet Malaysian Sustainable Palm Oil (“MSPO”) Standard. Periodically reports to RMSC on the progress of sustainability implementation in plantation. Reports to RMSC of any critical or major sustainability issues in plantation.
Working Groups (Milling)	Support and promotes effective implementation of the sustainability strategies through regular monitoring, reviewing and improving sustainability practices in mills. Ensures resources and procedures are in place to achieve its sustainability commitments and targets. Continuously improves the management system to meet the requirements of MSPO and other Quality Management Systems. Periodically reports to RMSC on the progress of sustainability implementation in mills. Reports to RMSC of any critical or major sustainability issues in mills.

SUSTAINABILITY
STATEMENT