AL-SALAM REIT ANNUAL REPORT 2017

72 AL-SALĀM REIT ANNUAL REPORT 2017 The responsibilities of the SSC are as follows: BOARD OF DIRECTORS Endorses and oversees the implementation of the Fund’s sustainable strategy to ensure that key targets are met. Takes responsibility and accountability for the Fund’s communication on sustainability issues to stakeholders.  Establishes a culture of integrity by placing emphasis on communication about sustainability across the Fund. Endorses the material sustainability matters and the governance structure. GOVERNANCE AND ACCOUNTABILITY We are cognizant that an effective corporate governance is critical in managing our EES’s risks and opportunities. With a strong governance structure and robust policies in place, we are poised to achieve continued success in our sustainability journey. To this end, we have established a Sustainability Steering Community (SSC) that reports to the Board of Directors to ensure that our goals and aspirations are met through effective implementation of our sustainability initiatives. SUSTAINABILITY STEERING COMMITTEE (SSC) Develops the over arching sustainability strategy for the Fund based on the material sustainability matters identified by the SWC. Provide recommendations and improvements to the BOD on the material sustainability matters identified and highlighted by the SWC. Identifies the material sustainability matters related to the Fund. Formulates targets and initiatives to achieve sustainability goals pledged by the Fund. Assesses the effectiveness of the sustainable initiatives put in place, and monitors & maintains records on these initiatives.