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124 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021

OUR SUSTAINABILITY

GOVERNANCE

MSM’s sustainability strategy is overseen by the Board of Directors. With commitment from the top and a robust governance
structure, all matters related to sustainability are effectively managed at various levels across the Group setting a culture of
integrity, accountability and transparency. Reporting structures of the sustainability governing body are clearly defined to ensure
clear demarcation of roles and responsibilities, as described below:

OUR SUSTAINABILITY GOVERNING BODY

Board of Directors
MSM’s Board Charter sets out the Board’s responsibility
to review, approve and include ESG considerations for
Board of the sustainability of the business in the strategic plans.
Directors The Board of Directors formulates the sustainability policy
and ensures that it takes account of material matters that
Board Audit, impact business goals and ascertains MSM’s sustainability
Governance and practices. In addition, the Board is responsible for approving
Risk Committee MSM’s sustainability disclosures.

Board Audit, Governance and Risk Committee
(BAGRC)
Group Chief The BAGRC receives periodic updates on ESG issues and
Operating risks including the plans, actions to be taken on the progress
Officer
of key ESG initiatives. The BAGRC is the board committee
with oversight for the formulation of the sustainability policy
and strategies. It reviews the Sustainability Report and any
other related information that has a major financial and/or
Corporate reputational impact on the Group.
Strategy and
Investor Relations
Department Group Chief Operating Officer
The Group Chief Operating Officer (GCOO) provides
leadership and direction for sustainability initiatives and is
the conduit between the Board (that includes the BAGRC)
Subsidiaries - and MSM’s operational units on sustainability and corporate
Head of governance related matters.
Operations
Department
Heads at Corporate Strategy (CS) and Investor Relations
Subsidiaries Department (IR)
The CS & IR Department, through its dedicated ESG-focused
member, reports directly to the GCOO, and advises all
Heads of Operations on matters pertaining to the
Group’s sustainability strategy. The CS & IR department
also works closely with MSM’s Health Safety, Environment,
Security & Quality (HSES&Q), the department that
spearheads the implementation of sustainability-led strategies
MSM’s Board Charter can be viewed on our website at and programmes within the Group.
www.msmsugar.com