SUSTAINABILITY Corporate Governance Destini’s sustainability governance structure ensures oversight of core sustainability principles across the Group. Sustainability matters are addressed and managed at multiple levels within the organisation, reflecting an integrated and collaborative approach. The effectiveness of this governance framework is driven by the committed leadership of our Board of Directors, Senior Management, and Operational Management are collectively forming our leadership team. Their shared responsibility is key to embedding sustainability into the fabric of our organisation. We believe that strong governance is essential to achieving the Group’s sustainability objectives. The Board plays a pivotal role in steering the Group’s sustainability direction and in maintaining Destini’s position as a responsible and sustainable organisation. Additionally, the Board recognises that effective risk management and internal controls are fundamental to sound corporate governance. It is therefore responsible for establishing a robust risk management and internal control framework, and for ensuring its adequacy and effectiveness. Oversight of these functions is delegated to the Risk Management Committee. The Group’s overall performance is further supported through monitoring by the Audit Committee and the Nomination and Remuneration Committee. In summary: • B oard of Directors - Oversees the Group’s sustainability initiatives, and endorses the proposed strategies and material sustainability matters related to the Group. • A udit Committee - Reviews the Company’s processes for timely and accurate financial data, and internal controls as well as oversees all risk management activities. • N omination and Remuneration Committee - Oversees matters relating to the recruitment of suitable candidates for appointment of Board Members and Senior Management and assists the Board in developing and establishing competitive remuneration policies and packages to retain talent. • R isk Management Committee - Assists the Board in overseeing all risk management activities within the Group and reviews the efficiency and effectiveness of the internal controls within the Group. 2. SUSTAINABILITY GOVERNANCE The responsibility of the Board to promote and embed sustainability in the Group includes overseeing the following: • Stakeholders’ engagement; • M ateriality assessment and identification of sustainability risks and opportunities; and • M anagement of material sustainability risks and opportunities. The Board regularly reviews the strategic direction and progress of operations, taking into account changes in the business, political and social environment and various risk factors. Ethical Business Practices At Destini, we are deeply committed to fostering a culture rooted in ethical conduct and integrity. Central to this commitment is our dedication to upholding the highest standards of corporate governance. Accordingly, we rigorously adhere to the principles and recommendations outlined in the Malaysian Code on Corporate Governance issued by the Securities Commission Malaysia. To promote transparency, our corporate policies are accessible to the public via the Group’s corporate website and the Destini employee portal. This includes key policies such as our Anti-Bribery and Anti-Corruption Policy and Whistleblowing Policy, which serve as important references for all stakeholders including suppliers, contractors, business partners, and associates alike. Our zero-tolerance approach to bribery and corruption underscores our unwavering commitment to ethical business practices. As part of this effort, we conduct onboarding sessions on Corporate Liability under Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act. These training sessions equip our employees with the knowledge and tools necessary to detect and prevent fraudulent behavior, while reinforcing ethical values in their daily responsibilities. Compliance with these standards is further supported by mandatory adherence to our employee handbook. At all levels of the organisation, the Board of Directors and Management share collective responsibility for establishing, executing, and sustaining a robust corporate governance framework. We believe that strong governance is key to fostering effective, responsible, and transparent decision-making throughout the company. DESTINI BERHAD ANNUAL REPORT 2025 43
RkJQdWJsaXNoZXIy NDgzMzc=