Sustainability
Sustainability Approach
Sustainability Governance
SEM SUSTAINABILITY GOVERNANCE
The Board is primarily responsible for seamlessly integrating sustainability into operations, with assistance from the Risk Management & Sustainability Committee (“RMSC”). Ultimately, the Board is accountable for overseeing Group sustainability matters, including but not limited to sustainability strategy and targets, materiality assessments and climate related risks and
opportunities.
The Sustainability Working Group (“SWG”), comprising representatives from diverse divisions, leads the execution of sustainability. The SWG conducts risk analyses and presents action plans, new initiatives and budget proposals to the Board. This comprehensive approach is reinforced by dedicated sustainability units within our convenience store and pharmaceutical arms, ensuring a cohesive and effective sustainability management framework. The Board receives quarterly updates on targets, performance metrics, progress and the scorecard, allowing for comprehensive assessment
and strategic decision-making.
The Sustainability Units oversee their customised programmes, providing regular reports to the SWG on project plans, strategy execution and data monitoring. This reporting contributes to the comprehensive assessment of the Group’s annual sustainability performance.
