D&O Green Technologies Bhd

One of the responsibilities of the Board of the Company is to evaluate the sustainability risks and opportunities regularly, including taking into consideration of the changes in the external business environment or the interests of the stakeholders. Periodic review, led by the Group Managing Director who is designated senior management personnel on the strategic sustainability management, on the sustainability matters (including climate change risks and opportunities) faced by the Group and corresponding strategies and responses formulated was performed with escalation mechanism put in place to report timely on sustainability matters and their corresponding strategies and responses as well as performances from the heads of departments to the Board as governance body of the Company. The review of the sustainability and stakeholders' engagement activities, sustainability strategies and responses and actual performances of responses to sustainability matters was performed by the Audit Committee and the Board during the financial year under review.

The Board delegates the task of overseeing the sustainability management of the Group to the AC. The responsibilities of the AC are as follows: [...] (a) to oversee the implementation of sustainability framework approved by the Board including review of the adequacy and effectiveness of the Group's sustainability governance structure; [...] (b) to review the sustainability matters identified including the performance of indicators/target; [...] (c) to conduct annual review of the material sustainability matters of the Group in order to determine the adequacy of the response and the current standing; [...] (d) to direct the internal and external assurance function of the Group in relation to sustainability management and ensuring the adequacy of the resources and competency of the assurance functions. Report the results and recommendations (if any) to the Board for decision. [...] The identification and assessment process and outcome of the materiality assessment, together with the sustainability standing and response, are reviewed by the GMD and Audit Committee and approved the Board. The Board, may at its discretion, to request the Assurance Unit (reporting directly to the Audit Committee) to provide independent assurance on the effectiveness and integrity of the materiality assessment process. [...] The management of material sustainability matters should be formulated by the GMD and reviewed by the Audit Committee and recommended to the Board for approval. [...] The GMD to develop position and response with respect to each material sustainability matter in the following manners: - developing policies and procedures; - implementing various initiatives, measures or action plans; - Complying with applicable laws and regulations; - setting indicators, goals, targets, timeframe and long-term goals in line with the strategic objectives; - implementing new, or changing existing systems, to capture, report, analyse, and manage data requirements. [...] The Board, on recommendation of the Audit Committee, can request for independent review by Assurance Unit on the relevance, accuracy and reliability of sustainability disclosures as required by laws and/or rules.