KUMPULAN FIMA ANNUAL REPORT 2018

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Kumpulan Fima Berhad (11817-V) • Annual Report 2018
SUSTAINABILITY REPORT 2018
SUSTAINABILITY
GOVERNANCE
Many of our activities are highly
regulated by laws and regulations
relating to health, safety, environment
and community impacts. We are
committed to complying with the
laws and regulations of the countries
in which we conduct business and,
where applicable, to exceeding legal
and other requirements that are less
stringent than our own because we
believe high governance standards
are integral to creating long-term value
and maintaining our social licence to
operate.
Our Board governs the Company and
oversees our sustainability approach
with dedicated Board committees
assisting with oversight and monitoring.
Each committee has its own charter
setting out its roles and responsibilities.
The Group Sustainability Committee
steers our sustainability activities
and is presently chaired by a Senior
Independent Non-Executive Director of
Fima Corporation Berhad and reflects
Managing Director of KFima and other
members of senior management.
In addition, ad-hoc committees are
established to deal with particular sets
of ongoing issues.
The business units are also responsible
for adapting sustainability strategies
to their operating needs, as well as
providing the resources needed for its
implementation. They align their brands
and technologies, and the sites involved
to sustainability in line with the specific
challenges and priorities of their
business portfolio.
The Corporate Governance Overview
section of this Annual Report and our
website at
corporate-governance.html sets out our
principles and policies in more detail.
all areas of the Group. At management
level, the Heads of Division comprises
the Group’s most senior executives.
There is a delegations of authority
framework that clearly outlines those
matters delegated to the Group