OUR SUSTAINABILITY GOVERNANCE MSM’s sustainability strategy is overseen by the Board of Directors. With commitment from the top and a robust governance structure, all matters related to sustainability are effectively managed at various levels across the Group setting a culture of integrity, accountability and transparency. Reporting structures of the sustainability governing body are clearly defined to ensure clear demarcation of roles and responsibilities, as described below: Group Chief Operating Officer The Group Chief Operating Officer (GCOO) provides leadership and direction for sustainability initiatives and is the conduit between the Board (that includes the BAGRC) and MSM’s operational units on sustainability and corporate governance related matters. Corporate Strategy (CS) and Investor Relations Department (IR) The CS & IR Department, through its dedicated ESG-focused member, reports directly to the GCOO, and advises all Heads of Operations on matters pertaining to the Group’s sustainability strategy. The CS & IR department also works closely with MSM’s Health Safety, Environment, Security & Quality (HSES&Q), the department that spearheads the implementation of sustainability-led strategies and programmes within the Group. Board of Directors MSM’s Board Charter sets out the Board’s responsibility to review, approve and include ESG considerations for the sustainability of the business in the strategic plans. The Board of Directors formulates the sustainability policy and ensures that it takes account of material matters that impact business goals and ascertains MSM’s sustainability practices. In addition, the Board is responsible for approving MSM’s sustainability disclosures. Board of Directors Board Audit, Governance and Risk Committee Group Chief Operating Officer Corporate Strategy and Investor Relations Department Subsidiaries - Head of Operations Department Heads at Subsidiaries Board Audit, Governance and Risk Committee (BAGRC) The BAGRC receives periodic updates on ESG issues and risks including the plans, actions to be taken on the progress of key ESG initiatives. The BAGRC is the board committee with oversight for the formulation of the sustainability policy and strategies. It reviews the Sustainability Report and any other related information that has a major financial and/or reputational impact on the Group. MSM’s Board Charter can be viewed on our website at www.msmsugar.com Our Sustainability Governing Body WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOWWE OPERATE MSM Malaysia Holdings Berhad ANNUAL INTEGRATED REPORT 2021 124
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