The management approaches are reviewed annually by the Senior Management Team of Teejay, acting through the central Sustainability Division of Teejay for which overall guidance is provided by the Chief Financial Officer together with the administration and occupational health and safety, CSR, corporate communications and legal teams to ensure its effectiveness and applicability. A Steering Committee for Environmental, Social, and Governance (ESG) Management is also in place at Teejay to strategise and formulate policies and procedures as required. The progress of the ESG journey is reviewed quarterly and relevant actions will be taken at the management level to improve or further strengthen the initiated work. This structure is further augmented by the Group's Enterprise Risk & Control Division which works in collaboration with the Core ESG team to identify Sustainability Related Risks and Opportunities (SRROs) which are then incorporated and managed as part of the Risk Management process of the Group. Further details of the Enterprise Risk Management function and its governance process can be found in the Risk Management section of this report.