Sustainability Governance
The Sustainability Steering Committee ("SSC"), consisting of senior management and led by the Chief Executive Officer ("CEO"), evaluates sustainability efforts and priorities within the Group. The SSC, chaired by the Group General Manager acting as Group's Chief Sustainability Officer ("CSO"), reports through the CEO to the Board, which has considered sustainability issues as part of its overall strategy formulation and has determined the ESG factors identified as material to the business of the Group. The Board oversees the management and monitoring of these ESG factors.
All Board members have also undergone training on sustainability matters to equip themselves with the right knowledge to lead the Company towards sustainability.
Haw Par's sustainability governance structure
While the Group's current risk management process already considers overall business risks, the Risk Management Committee also keeps abreast of specific emerging risk trends. The Risk Management Committee continues to assess the materiality of ESG and related risks to the Group as the ESG landscape continues to evolve.