SUSTAINABILITY GOVERNANCE Kimlun is committed to embedding sustainability into its business strategies and governance framework. The Board of Kimlun holds ultimate responsibility for ensuring the integration of sustainability considerations across the Group’s operations, including the management of climate-related risks and opportunities. The Audit and Risk Management Committee (“ARMC”) plays a crucial role in providing oversight for sustainability-related risk management activities. The ARMC also supports the Board in evaluating the adequacy and effectiveness of the Group’s risk management and internal control systems, including sustainability assurance and reporting. The Executive Committee, comprising all Executive Directors of the Company and its wholly-owned subsidiaries, leads the development and execution of sustainability strategies. The Committee plays a pivotal role in driving the Group’s sustainability initiatives by setting and pursuing sustainability targets, overseeing the implementation of strategies, and measuring progress. In addition to the leadership provided by the Executive Committee, in-scope businesses, namely the Construction and Engineering segment, as well as the pre-cast manufacturing business, have proactively established dedicated Business Division Sustainability Steering Teams. These teams, consisting of senior management from various business units, are responsible with driving and overseeing the implementation of sustainability initiatives. The teams are also tasked with monitoring progress and ensuring continuous improvement. The roles and responsibilities of the Board of Kimlun, Executive Committee, ARMC and Business Division Sustainability Steering Teams can be summarised as follows: BOARD OF DIRECTORS Oversees the sustainability framework and policies AUDIT AND RISK MANAGEMENT COMMITTEE Oversees risk management and audit assurance activities with respect to sustainability management and reporting EXECUTIVE COMMITTEE (Comprises of all the executive directors of the Company and its wholly-owned subsidiaries) • Identify the strategies for the management of sustainability issues • Mandate the respective business units to carry out the sustainability efforts (“SE”), and ensure best practices of sustainability are embedded across the Group BUSINESS DIVISION SUSTAINABILITY STEERING TEAMS (Comprises of senior management of respective business units) • Drive and review the implementation of the SE and initiatives • Recommend improvements to SE and action plans SUSTAINABILITY STATEMENT 028
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