36 ENRA GROUP BERHAD ANNUAL REPORT 2024 ROBUST AND ETHICAL FRAMEWORK CORPORATE GOVERNANCE & ETHICS • BOARD COMMITMENT TO SUSTAINABILITY ENRA is firmly committed to conducting its businesses with the highest level of integrity and in full compliance with applicable laws, rules and regulations. The Board acknowledges that the well-being of the employees, customers, suppliers and other stakeholders as well as the environment and the society at large is central to sustaining ENRA’s long-term performance and continued relevance. The heightened materiality of sustainability to the business demands for the Board and Management to intensify efforts in making sustainability central to ENRA’s strategy and priorities, as well as creating the structure that enables, formal oversight to sustainability by the Board. Being the highest authority in sustainability governance, the Board takes full responsibility in institutionalising the Company’s sustainability agenda, road map and initiatives. The Board assigned the responsibility of overseeing the Group’s EESG matters to the Audit, Risk Management, and Sustainability Committee (ARMSC). The updates on sustainability matters form a permanent part of the meeting agenda in the ARMSC’s quarterly meetings. As of FYE 2024, the Board continues to have oversight on important sustainability-related governance policies such as the Anti-Corruption Policy, Code of Business Conduct, Vendor Code of Conduct, Directors Code of Ethics and the Whistleblowing Policy. The Board engages in thorough deliberations concerning the formulation or updates to current and new policies before granting approval. • SUSTAINABILITY GOVERNANCE STRUCTURE The Group's sustainability structure primarily drives sustainability across ENRA and is integrated into the Group's overall corporate governance structure. ENRA's corporate governance and sustainability governance are guided by the primary Group-wide policy that priorities integrity in all endeavours. ENRA's corporate governance and sustainability governance structures oversee a diverse array of material sustainability subjects, encompassing ethics, governance, and compliance, health and safety, cyber security, labour matters, energy, resources, waste management, anti-corruption, and many others. In FYE 2023, in accordance with the latest revision of the Malaysian Code of Corporate Governance (MCCG), the Group, with approval from the Board, renamed the Audit Risk and Management Committee (ARMC) to ARMSC. This change was made to enhance Board oversight and further champion the EESG agenda while integrating sustainability considerations into the Group's strategy and operations. The structure is enhanced further with the establishment of Sustainability Working Group (“SWG”) to coordinate and supervise the implementation of the Group’s sustainability strategies and practices. The clear delineation of roles and responsibilities enables us to uphold the highest level of integrity and efficiency for its sustainability agenda and implementation. Sustainability Report (Cont’d)
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