The Board Sustainability Committee Report The Board Sustainability Committee (‘’BSC’’) was set up primarily to oversee and guide the organization's environmental, social, and governance (ESG) strategies, ensuring they align with the company’s long-term business goals and stakeholder expectations. Key Objectives of a Board-Level Sustainability Committee: 1. Strategic Oversight • Ensure that sustainability initiatives support the company’s mission, vision, and business strategy. • Monitor and evaluate the long-term sustainability risks and opportunities. 2. Governance & Compliance • Ensure compliance with local and global sustainability regulations, reporting standards, and ESG frameworks (e.g., GRI, SASB, IFRS 1and 2). • Promote ethical business practices, responsible governance, and corporate social responsibility (CSR). 3. Environmental Stewardship • Oversee policies and initiatives related to climate change, carbon reduction, renewable energy, and resource efficiency. • Support the transition to sustainable business practices that reduce the company's environmental impact. 4. Social Responsibility & Stakeholder Engagement • Guide policies on diversity, equity, and inclusion (DEI), labor practices, human rights, and community engagement. • Ensure the organization maintains a positive reputation and relationships with stakeholders, including employees, investors,customers, and regulators. 5. Risk Management • Identify and assess ESG risks (e.g., climate change risks, supply chain sustainability, regulatory changes) that could impact the business. • Recommend strategies to mitigate these risks and enhance business resilience. 6. Performance Monitoring & Reporting • Set and track sustainability key performance indicators (KPIs) and targets. • Oversee sustainability disclosures, ESG reporting, and communication with investors and stakeholders. 7. Encourage Innovation & Sustainable Growth • Advocate for investment in sustainable technologies, circular economy practices, and innovative business models. • Support research and partnerships that drive long-term sustainability improvements. By fulfilling these objectives, the BSC contributes to the company by maintaining a strong ESG performance, building longterm value, and contributing positively to society and the environment. 1 ABOUT US 129 3 SUSTAINABILITY STATEMENT 4 CORPORATE GOVERNANCE 5 OTHER INFORMATION 6 FINANCIAL STATEMENTS 2 BUSINESS OVERVIEW
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