65 SUSTAINABILITY STATEMENT 5IF HPWFSOBODF TUSVDUVSF BU .:&( QSPWJEFT PWFSTJHIU PO WBSJPVT NBUFSJBM UPQJDT SFMBUFE UP TVTUBJOBCJMJUZ BOE &4( JODMVEJOH àOBODJBM NBOBHFNFOU DPNQMJBODF XJUI SFHVMBUJPOT SJTL NBOBHFNFOU DMJNBUF DIBOHF BOE FOWJSPONFOUBM JNQBDU TPDJBM SFTQPOTJCJMJUZ BT XFMM BT FUIJDBM TUBOEBSET 5IF #PBSE PG %JSFDUPST JT QSJNBSJMZ SFTQPOTJCMF GPS PWFSTFFJOH UIFTF UPQJDT XIJMF UIF TFOJPS NBOBHFNFOU UISPVHI UIF 4VTUBJOBCJMJUZ 8PSLJOH (SPVQ iSWGu BEWJTFT UIF #PBSE on sustainability-related matters within MYEG as well as drives the implementation of related strategies. Senior .BOBHFNFOU BOE UIF 48( BMTP TVQQPSU UIF FYFDVUJPO BU UIF XPSLJOH MFWFM FOTVSJOH UIBU &4( QSJPSJUJFT BSF JOUFHSBUFE JOUP .:&( T TUSBUFHJFT PQFSBUJPOT BOE PCKFDUJWFT BDSPTT UIF PSHBOJTBUJPO Oversight of this governance is diligently carried out by the Group’s Board of Directors. The Board assumes SFTQPOTJCJMJUZ GPS EFMJCFSBUJOH PO TVTUBJOBCJMJUZ BOE &4( QSJPSJUJFT XIJDI BSF TVCTFRVFOUMZ JOUFHSBUFE JOUP UIF (SPVQ T QPMJDJFT TUSBUFHJFT PQFSBUJPOT BOE LFZ PCKFDUJWFT 5IF PVUDPNFT PG UIFTF EFMJCFSBUJPOT BSF DPNNVOJDBUFE UP .:&( T 4FOJPS .BOBHFNFOU XIP UIFO JODPSQPSBUF BOE BEIFSF UP UIFTF &4( QSJPSJUJFT JO UIF GPSNVMBUJPO PG GVUVSF QMBOT 5IJT JT JO BEEJUJPO UP UIF #PBSE BEESFTTJOH DPOáJDUT PG JOUFSFTU BOE PS SFMBUFE QBSUZ USBOTBDUJPOT BT QFS .:&( T %JSFDUPS Fit and Proper Policy and Conflict of Interest Policy. Matters relating to conflict of interest as well as related party transactions are also within the mandate of the Audit Committee. The Audit Committee and Board of Directors also regularly review the conflict of interest and related party transactions of the Group. "U FWFSZ RVBSUFS #PBSE BOE DPNNJUUFF NFFUJOHT BSF IFME BOE JO BEEJUJPO UP UIF RVBSUFSMZ NFFUJOHT TQFDJBM #PBSE meetings shall be convened as and when required to consider urgent matters that require the Board’s expeditious review and consideration. All individual Board members are to attend Board and respective Board committee meetings. 5IF FMFWBUFE JNQPSUBODF PG .:&( T TVTUBJOBCJMJUZ NBUUFST JT UIF QSJNBSZ SBUJPOBMF GPS NBOBHJOH UIFN FGGFDUJWFMZ which will also ensure the maintenance of established standards across the Group. Ongoing enhancements and advancements to material sustainability matters are implemented in response to the evolving nature of these crucial matters. MYEG’s sustainability governance structure is designed to foster the formulation of the Group’s sustainability strategies. Its efficacy largely derives from robust linkages among the various groups operating within the structure. *O BTTFTTJOH UIF #PBSE T FGGFDUJWFOFTT .:&( T EJSFDUPST DPNQMFUF B TFMG BOE QFFS BTTFTTNFOU BOOVBMMZ %JSFDUPST who are due for re-election also undertake the assessment on Fit and Proper. MYEG also conducts a periodic evaluation of the Board’s effectiveness on an annual basis. The Nomination Committee (“NC”) is responsible for MFBEJOH UIJT QSPDFTT XIJDI JOWPMWFT SFWJFXJOH UIF QFSGPSNBODF PG UIF FOUJSF #PBSE JUT $PNNJUUFFT BOE JOEJWJEVBM %JSFDUPST 5IF FWBMVBUJPO JT CBTFE PO DSJUFSJB TVDI BT UIF #PBSE T TJ[F EJWFSTJUZ TLJMMT DPOUSJCVUJPOT BOE UIF effectiveness of the committees. SUSTAINABILITY GOVERNANCE
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