Sembcorp’s board of directors oversees the business affairs of the Group. The main duties of the board include providing leadership on Sembcorp’s overall strategy, which takes into consideration our material sustainability issues. Sembcorp has a Sustainability Steering Committee that provides strategic direction for managing sustainability-related risks and opportunities. The committee is chaired by our Group President & CEO, and comprises senior executives who are accountable for the management of Sembcorp’s material sustainability issues.

Sustainability-linked Performance Incentives

To ensure sustainability is embedded into our business, environmental, social and governance (ESG) components are included in the performance scorecard of our leadership team. With this, the performance incentives of our senior executives specifically take into account ESG performance and the achievement of set targets, including climate change-related targets.