BOARD SUSTAINABILITY COMMITTEE REPORT In summary, the BSC has carried out the following work during the financial year ended 31 December 2023 in the discharge of its functions and duties (Cont’d): 2. Reviewed and evaluated ESG-related risk including climate change risks via assessment of environmental, economic, and social impact by monitoring the use of resources, waste management, and biodiversity impacts (if any) in its acquisition, AEI, expansion and upgrading of existing assets, selection of tenants and vendors, etc. 3. Monitored Health and safety including the physical and mental well-being of the employees, part-time employees, and contractors as well as the security of the Company’s assets. 4. Reviewed policies including ethnic and gender diversity (as per the Company’s policy on diversity and inclusion) at the workplace and Boardroom. 5. Supported a healthy working environment by promoting a work-life balance and mental health. 6. Encouraged giving-back programmes to communities including community volunteerism and charitable donations. 7. Ensured ethical business conduct via enforcement of policies such as Code of Business Ethics, Anti-Bribery and Corruption, Whistleblowing and No Gift & Entertainment. 8. Ensured that sustainable developments including the use of environmentally responsible materials in the Company’s development projects and the incorporation of sustainable practices throughout the lifecycle of a property. 9. Monitored and track the ESG initiatives in Supply Chain Management System and processes. 10. Evaluated and endorsed proposals on ESG initiatives for the Board’s approval. 11. Reviewed the Sustainability Statement, for inclusion in the Annual Report. SUMMARY OF WORK CARRIED OUT DURING THE FINANCIAL YEAR Summary of Matters Discussed by the BSC during the Year under Review ITEMS DISCUSSED 16 AUG 2023 15 NOV 2023 Review of Sustainability Policy/Framework Status Updates on Materiality Matters Strategic Planning: ESG Roadmap and Action Plan GBI certification of properties/buildings Implementation of the Green Lease Programme ESG Compliance with Company Policies and Statutory Requirements ESG Training Needs and Competency Enhancements 130 CORPORATE GOVERNANCE 1 2 3 5 6 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023
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