Sustainability report 2018

Governance structure

Our Board of Directors is ultimately responsible for the company’s sustainability strategies and its performance.

Our Board of Directors is ultimately responsible for the company’s sustainability strategies and its performance. The CEO in turn, provides direction and guidance to the Sustainability Steering Committee (SSC) and Sustainability Working Committee (SWC).

We recognise that an operative corporate governance culture is crucial in managing the economic, environmental and social risks and opportunities. With a steadfast and strong Board, vigorous policies and continuously improving procedures, we are positioning ourselves to constantly improve at Hektar REIT.

In order to better understand the requirements for Sustainability Reporting, our management team have attended several workshops on Sustainability Reporting guidelines organised by Bursa Malaysia. The Board has established several Committees to assist in discharging its duties. Each committee consists of an appointed Chairperson and several members. The Board has also formalised its commitment to high ethical values through the establishment of a Code of Conduct.

In 2017, the Sustainability Committee was formed, comprising key representatives from relevant departments. Our Sustainability Steering Committee is chaired by our Executive Director and CEO and supported by our Chief Corporate Officer, Chief Operating Officer and Chief Leasing Officer, while our Sustainability Working Committee are represented by members from our Finance, Maintenance, Marketing, Leasing and Quality departments as well as our Centre Managers. These committees meet periodically to review the sustainability performance of the organisation, review the alignment with material sustainability issues and report updates to senior management and the Board.