While we develop clear metrics and targets to track and communicate our sustainability performance, just as we have for financial performance, we continue to drive company-wide support to Environmental, Social and Governance (ESG) standards and practices across the organization starting from the top management, permeating across the organization.
Paving the way to integrate sustainability in the way we work and influence our decision-making on strategy, capital allocation, operations, governance, and culture is our Environmental and Social (E&S) Policy, with the aim to deliver long-term value for all our stakeholders.
As part of our sustainability commitment, we implement the Environmental and Social Management System (ESMS) to manage E&S risks and impacts throughout the life cycle of our projects. Through the ESMS, we are able to identify and assess E&S risks to develop appropriate action plans and mitigation measures.
Step 1. General E&S Risk Identification
Step 2. Risk Prioritization
Step 3. Stakehoider Engagement and Mapping
Step 4. Emergency Scenarios Assessment
Step 5. Formulate E&S Action Plan for Priority Risks
Step 6. Formulate Stakeholder Engagement Plan
Step 7. Develop Stakeholder Communication Platform
Step 8. Formulate Emergency Preparedness Plans (as necessary)
Step 9. Secure approval of E&S Action Plans
Step 10. Issue Notice to Proceed
Step 11. Ensure compliance with national regulatory requirements and internal monitoring of E&S Action Plan implementation
Step 12. Conduct a semi-annual review on the progress and compliance of all E&S Action Plans and Stakeholder Engagement Plans
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