The Committee has oversight of policy making, review and improvisation of the AntiBribery Management System (“ABMS”) and its twenty-four (24) SOPs and practices for compliance with the MACC Act. iii. Sustainability Steering Committee The Sustainability Steering Committee (“SSC”) is spearheaded by the Group CEO/Managing Director and has been carrying out various initiatives on environment and climate change activities and projects under the purview of the RMC. The SSC has been established and formalized by the Board of Directors on 22 November 2022 and designated to support and assist the Board in the oversight of the responsibilities towards the Group’s ongoing commitments and initiatives on its sustainability which encompasses the economics, environment, social and governance aspects to be in line with the Group’s vision, mission and values. The SSC plays an important role in developing the Company’s sustainability strategies, plans, approach and integrating sustainability consideration in the day-to-day operations of the Group and to drive, implement and monitor to ensure effective implementation of the Company’s sustainability strategies, opportunities and plans. The Committee meets at least four (4) times a year for the development, execution, oversight, monitoring and assessing of the Group’s sustainability strategies, priorities, goals, targets, performances, adequacies and related systems, framework, charter and policies. The Chairman of the Committee shall report the necessary updates to the GCRC/ Board accordingly. The Committee is responsible to ensure timely and efficient communication and reporting of its sustainability reports, sustainability related statements and disclosures to the relevant regulatory/government authorities, stakeholders and shareholders as well as ensuring the quality, accuracy and completeness of the contents thereof. 1.12 Directors’ Training All members of the Board have attended the Mandatory Accreditation Programme Part I as required under the MMLR. The Directors do and will undergo such similar or continuing training and education programmes from time to time to equip and keep themselves abreast of the latest developments in order to discharge their duties and responsibilities more effectively. During the financial year under review, the Directors have participated in various programmes, courses and forums which they have individually or collectively considered as relevant and useful in contributing to the effective discharge of their duties as Directors. The lists of trainings/courses attended by the respective Directors are tabled to the Board at the respective Board meetings held every quarter for the Board’s notation. Based on the results of the annual assessment of the individual Directors and the Board’s effectiveness as a whole conducted by the NRC, the Board is satisfied with the trainings/courses attended by the respective Directors and that they are well equipped and updated on the industry knowledge and developments in enhancing their skills and in discharging their duties and responsibilities effectively. Corporate Governance Overview Statement 131 Wasco Berhad
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