OUR GOVERNANCE AND FRAMEWORK Our efforts to harness advanced technology and promote innovation that supports business growth are guided by the Board, particularly through its Research, Development and Technology Committee (RD&T). The RD&T sets policies and direction for major R&D investments and activities at the Group. Its role is also to promote R&D, an innovative culture and to identify areas of synergy with respect to R&D capabilities, facilities, and resources. This primarily focuses on identifying new technologies that will enhance the core businesses of the Group and enable us to build new businesses. The RD&T is supported by the Group's EXCO, respective Presidents of each business area and the Group Chief Technology and Digital Officer. The business areas are involved in the identification of R&D investments that complement their industryspecific business strategy, product focus and technological leadership development. The ITC was formed with senior management representation from GTO, GEC and GSSO to provide guidance and support to the technology, engineering and strategic planning leaders of each business area. This ensures that the R&D investments complement each business area’s business strategy, product focus and can help to develop its technological leadership. The Group is committed to doing our part and enabling our customers in their sustainability journey. The GTT was set up in 2022 to explore emerging green technology innovations and to provide leadership, direction and cross-business coordination in these fast-evolving areas. Read more about the Green Technology Taskforce Technology and innovation are at the core of our business. We are committed to sustaining our business through investing in R&D and cultivating an innovative culture. OVERVIEW OUR SUSTAINABILITY APPROACH ECONOMIC ENVIRONMENTAL SOCIAL GOVERNANCE INDEX 31
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