Risk category: Sustainability Sustainability risk Capital linkages Failure to address the climate change-related risks by not prioritising efforts towards lowering carbon emissions, advancing circular economy initiatives (related to water, waste and renewable resources) and conserving nature and biodiversity Oversight Risk Management Committee ESG Committee* Opportunities Build a strong customer franchise for sustainable products Drive business growth that is profitable and sustainable Mitigation plans Align sustainability goals with leadership KPIs and monitor risks against the sustainability targets of all businesses and functions Collaborate with supply chain partners to reduce the carbon footprint of the entire value chain Work closely with key customers to reduce carbon intensity of selected products Risk category: Reputation Safety risk Deficiency in containment of safety hazards (process, product and workplace) Oversight Risk Management Committee EHS Committee* Opportunities Drive process automation Enhance the standards at workplace Capital linkage Mitigation plans Automate processes | upgrade technologies Conduct safety audits regularly Implement a safety program to address cultural changes, employee behaviour, physical workplace standards and process safety management. *Management Committee 30 Integrated Annual Report 2024-25
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