Sembcorp's Board of Directors oversees the Group's business affairs and provides leadership on our overall strategy, which takes into consideration our material sustainability factors.
Our Sustainability Steering Committee provides the strategic direction for managing sustainability-related risks and opportunities. It is chaired by our Group President & CEO.
The following board committees provide oversight on sustainability and climate change matters:
- Executive Committee
Provides oversight and supervision of the Group’s strategy and business affairs, including our Climate Action Plan.
- Audit Committee and Risk Committee
Endorses the Group’s policies, guidelines and systems to manage risks including climate-related risks. Reports to the board on the adequacy and effectiveness of the Group’s internal controls and risk management systems.
- Executive Resource & Compensation Committee
Sets remuneration framework, reviews and endorses key performance indicators (KPIs) of our key management personnel. Economic, Social and Governance (ESG) KPIs form part of our senior executives’ annual performance scorecards. These ESG-related KPIs include greenhouse gas emissions intensity and gross installed renewable energy capacity.