SUSTAINABI L I TY AT RANHI LL 04 Sect ion 16 Ranhi ll Ut i l i t i es Berhad SUSTAINABILITY GOVERNANCE STRUCTURE The Board and Senior Management of the Group provide oversight of the Ranhill sustainability framework. They in turn helm a robust sustainability governance structure, which provides the necessary resources, capabilities, knowledge and reporting mechanism to drive effective oversight and strategic action of the sustainability agenda (refer to the Sustainability Framework on page 15). Ranhill’s sustainability governance structure enables all sustainability matters to be brought to the Board and Senior Management for deliberation and decision-making. In addition, the operational levels can also bring information, matters and issues to the attention of the Board. This enables the Board and Senior Management to have a coherent grasp of on-ground realities, which supports more informed and effective decision making. The inclusion of the Governance and Risk Management Committee (“GRMC”) enables more comprehensive coverage of risks arising from material EES topics. The involvement of the GRMC reflects Ranhill’s high commitment to prioritise EES matters and to integrate these into Group business and operational strategies and decision making. The GRMC is supported by the Management Assurance Risk Compliance Committee (“MARCC”). The MARCC is in turn, supported by Senior Management and Department Heads across the Group’s organisational structure. The Group’s working committee, the Sustainability Working Group (“SWG”) is tasked to develop sustainability programmes and action plans. The SWG is a cross functional working team whose members come from all business divisions and operating companies. SWG members comprise personnel from Ranhill SAJ, RWS, RWT, RPI and RPII, RBSB and RW. In addition, starting from the Q4 of FY2022, the Group’s Sustainability Agenda is to be shared on a regular basis with Audit Committee Members. Board of Directors Governance and Risk Management Committee Management Assurance Risk Compliance Committee MARCC Members Group Areas of Monitoring & Reporting • Group Chief Operating Officer (Chairman) • Group Chief Financial Officer • Group Chief Merger & Acquisition Officer • Group Chief Commercial Officer • Head of Group Corporate Assurance (Secretariat) • Head of Group Corporate Communications • Head of Group Human Resources • Head of Group Corporate Secretarial • Head of Group Legal & Compliance • Head of Group Information Technology Health and Safety Risk Management & Compliance Sustainability Governance Oversight
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