The Board and its supporting committees, including the Audit and Risk Committee (ARC) and People, Culture, Nomination and Remuneration Committee (PCNRC), oversee and approve our strategic direction. The Board also retains ultimate oversight of material risks and opportunities, including sustainability and climate-related risks and opportunities. Through the Board and ARC Charters, the Board has delegated responsibility to the ARC for risk management, governance and oversight, including for sustainability matters.
The Managing Director and Group Chief Executive Officer (MD & CEO), and Group Executive Team (GET) are ultimately responsible for delivering our sustainability strategy. Accountability for developing and implementing this strategy sits within our GRC function, led by the SVP GRC. Management reports quarterly to the ARC on progress against the sustainability strategy and implementation plan. Depending on the topic, ‘deep dives’ on material sustainability issues are also regularly presented to the Board, ARC or PCNRC.
We continue to take a risk-based approach to identifying, assessing, and strategically implementing policies and programs for sustainability that support the delivery of the Group’s strategic objectives.
Sustainability oversight structure
How we determine material sustainability issues
We are committed to continuously advancing our sustainability strategy, our sustainability operations and related disclosures. We engage with internal and external stakeholders at all levels on sustainability matters on an ongoing basis.
Our materiality assessment outcomes form the foundation of our planning and implementation:
Sustainability materiality matrix
