SIA Engineering Co Ltd

Similarly, it is against our policy on political contributions for the Company or our employees to make any payments to political candidates, political officials or political parties for the purpose of obtaining, retaining or directing business to the Company or any other entity. In FY2021/22, there were no improper political contributions made by SIAEC in breach of our policies. [...] In addition, SIAEC conducts a regular training programme on our Anti-corruption/Anti-bribery Policy. Employees are required to complete the recurrent online training on the policy and the completion status is reported to the Risk & Compliance Management Committee on a quarterly basis. As at 31 March 2022, 92% of employees have completed the recurrent training. There were no reported incidents of corruption or bribery in FY2021/22.

The Board provides guidance and works closely with the Management Committee on SIAEC's overall sustainability strategy, policies and business objectives, taking into consideration material economic, environmental, social and governance factors. This includes the review, management and monitoring of SIAEC's material sustainability topics, targets and performance, and initiatives. The Board has also established the Board Sustainability Committee to oversee sustainability matters by accelerating, leading and guiding SIAEC's sustainability efforts. [...] In FY2023/24, the Board was involved in the review of SIAEC's material sustainability topics. The Board also approved SIAEC's Sustainability Report, which incorporated enhanced climate-related disclosures to better articulate our sustainability governance, climate-related risks and corresponding risk management strategies in its phased approach to adopting recommendations of the Task Force on Climate-related Financial Disclosures. [...] At SIAEC, sustainability is led by the Sustainability Working Group, which reports to the Management Committee, the Board Sustainability Committee, and the Board. [...] In FY2023/24, the performance scorecards of Senior Management have incorporated yearly enhanced climate and environmental-related targets to ensure SIAEC stays on course to meet its 2030 targets.