WE CONTRIBUTE TO GLOBAL GOALS ST Engineering is a participant of the United Nations Global Compact (UNGC). We support its Ten Principles and are also committed to advancing the broader objectives of the United Nations Sustainable Development Goals (UN SDGs). We affirm our support of all 17 UN SDGs and identified six goals which correlate strongly with our practices and operations, as well as the products and services we offer. Our contributions to these six goals are also reflected in the Group’s 10 material factors. WE FOSTER A SUSTAINABLE CULTURE GUIDED BY OUR LEADERSHIP We believe that our success hinges on nurturing a sustainable culture within the Group, led by committed leadership, and instilling a sense of responsibility among employees at every level. The Board holds ultimate accountability, provides strategic direction and considers sustainability issues, including the management of key ESG factors in the formulation of the Group’s strategies and policies. The Board’s Risk and Sustainability Committee (RSC) oversees matters related to risk, internal controls and sustainability. The Group President & Chief Executive Officer (Group President & CEO), supported by the Group Executive Committee (EXCO), is responsible to the Board for implementing these strategies and WE ACTIVELY ENGAGE WITH OUR STAKEHOLDERS We identified our six key stakeholders based on the extent to which these parties can influence or be affected by the Group’s activities. We engage with our stakeholders regularly to understand and address their concerns. These relationships are essential to our business and enable us to grow in an inclusive and resilient manner. Six Goals which we correlate strongly with: OVERSIGHT ON BEHALF OF THE BOARD ULTIMATE ACCOUNTABILITY LEADERSHIP DIRECTION & EXECUTION Board of Directors Risk and Sustainability Committee Group P&CEO Group EXCO Group Senior Business Council Technology & Innovation Operational Excellence Business Areas Group Functions Strong, Committed and Accountable Leadership Responsibility of Employees at Every Level Sustainability Our Stakeholders Customers Local Communities Suppliers & Collaborators Shareholders & Investors Regulators & Governments Employees & Other Workers directions. The Group Chief Strategy & Sustainability Officer ensures that sustainability is a core part of our business strategy, and that ESG considerations are integrated into our business strategies and plans. Sustainability is the responsibility of every ST Engineering employee. Our management teams across various business areas and Group functions play vital roles in shaping and executing our strategy. They collaborate across the Group in critical areas such as Technology and Innovation, Operations Excellence and Sustainability. This collaborative effort is supported by an annual planning process that is integrated with our strategic and financial planning, alongside the governance and Enterprise Risk Management (ERM) frameworks. 61 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
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