Sustainability Governance Structure
The Chairman and CEO and the Board of Directors oversee the management of Wilmar’s sustainability strategy. They are supported by the Board Sustainability Committee (BSC) which has an independent majority. The BSC assists the Board of Directors in fulfilling its oversight responsibility in relation to Wilmar’s objectives, policies and practices pertaining to sustainability or ESG matters, and to ensure that the Company’s positions in these areas are current and compliant with regulatory requirements and international standards. This is typically done through quarterly BSC meetings, reviews of emerging ESG issues and quarterly reports on sustainability performance from the Sustainability Department. Topics discussed cover the environment, health and safety, equal opportunities, human rights, labour rights, child protection, and food safety.
To achieve effective implementation of sustainability throughout the Group, the BSC receives periodic reporting and advisories from the following:
- Sustainability Management Team (SMT) which is headed by the Chief Sustainability Officer (CSO) who is assisted by the General Manager – Group Sustainability. The SMT is supported by the Sustainability Department and comprises members across all internal Wilmar departments and operations units.
- Independent Sustainability Advisory Panel (ISAP) comprises independent sustainability experts and eminent individuals. The ISAP works with our SMT to provide on-the-ground support to execute and evaluate the implementation of our ESG policies. The ISAP provides advisories and recommendations related to external stakeholder expectations and global sustainability trends.
Wilmar’s Sustainability Department is led by the Chief Sustainability Officer with the General Manager – Group Sustainability in charge of day-to-day management. Staffed by over seventy employees across our global offices and sites, the Sustainability Department works in collaboration with all business and operational units to implement the Group’s multifaceted sustainability strategies and initiatives. A combination of local and technical expertise throughout Asia, Africa, and Europe enables the Department to oversee implementation of the NDPE Policy, other sustainability related policies, sustainability certification, supply chain monitoring, carbon and climate change, conservation, research & development, stakeholder engagement, and reporting.