Apart from the BSC, the BARC also deals with sustainability-related issues. The roles that they play are detailed out below: Board Sustainability Committee Board Audit and Risk Committee • Oversees the development and implementation of strategies including sustainability strategies. • Also oversees the business plans and key initiatives having regard to sustainability considerations, in line with the MCCG and Bursa's Sustainability Reporting Guide. • Oversee the risk management framework and policies, which includes keeping abreast with new or emerging trends, as well as reviewing, monitoring and assessing the control effectiveness of the key risks such as sustainability- and climate-related risks. • Also oversees the Compliance, Business Continuity Management (“BCM”), and Integrity and governance functions. COMPOSITION The Board Sustainability Committee composition is as shown below: Members 1. Lailatul Azma binti Abdullah Chairman/Independent Non-Executive Director 2. Datuk Hashim bin Wahir Independent Non-Executive Director (Resigned w.e.f. 31 December 2024) 3. Ng Yan Chuan Non-Independent Non-Executive Director (Resigned w.e.f. 31 December 2024) Secretaries 1. Nuraliza binti Abd Rahman 2. Rohaya binti Jaafar The BSC members are appointed by the Board. The Board elects a chairman who is an independent director and who is not the Chairman of the Board. The Board via the BNRC and the Chairman of the BSC herself, annually reviews the terms of office and performance of the BSC and its members through an effectiveness evaluation exercise. The BNRC assessed the BSC’s performance for the FY2024 and was satisfied that the BSC and its members have discharged their functions, duties, and responsibilities under the BSC’s Terms of Reference. The Board Sustainability Committee Report 130 AL-SALĀM REIT ANNUAL REPORT 2024
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