DP WORLD ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2021
6
GOVERNANCE AND OVERSIGHT
The Group’s sustainability strategy is represented at Board level, and is overseen by the Governance and Sustainability Committee which was created in 2020. The Committee is responsible for setting, reviewing, approving and overseeing the Company’s Sustainability and Impact
Policy, and for managing environmental, social, and governance (ESG) matters.
and their sustainability champions. Through the implementation of our
sustainability strategy and the creation of valuable partnerships, our sustainability champions worldwide enable us to operate sustainably and create positive economic and societal impacts wherever we work.
The Group Sustainability and Impact (GSI) team based at Head Office guides and implements DP World’s global sustainability strategy and approach, supported by regional business units
BOARD OF DIRECTORS
OWNERS/SHAREHOLDERS Provide oversight by appointing the Board of Directors to oversee the management of the Company and approving major transactions in accordance with the Nasdaq Dubai Rules.
GROUP EXECUTIVE SAFETY AND ENVIRONMENT COMMITTEE Ensures the accountability, effectiveness and continual development of the Company’s health, safety and environment programmes to ensure a culture of zero harm.
GOVERNANCE AND SUSTAINABILITY COMMITTEE Assists the Board in reviewing the Company’s corporate governance framework, reviewing and approving the Company’s sustainability strategy, policies, programmes, targets and performance. The committee provides oversight on the Our World Our Future strategy/ESG performance.
NOMINATIONS AND REMUNERATION COMMITTEE Assists the Board in reviewing the Board structure, identifying candidate Directors when the need arises, and determining the
DISCLOSURE PANEL Assists the Board in reviewing its disclosure obligations with regards to inside information and providing
AUDIT AND RISK COMMITTEE
Assists the Board in discharging its responsibilities with regards to financial reporting, external and internal audits, internal controls and risk management.
recommendations on announcements when required.
framework and Board policy for the remuneration of the Executive Directors and other members of senior management.
GROUP CHAIRMAN AND CHIEF EXECUTIVE OFFICER
ENTERPRISE RISK MANAGEMENT COMMITTEE Assists the Board in fulfilling its oversight responsibilities in relation to the principal risks faced by the Group.
EXECUTIVE COMMITTEE Primarily responsible for the day-to-day management of DP World’s operations and strategic policy implementation, such policies being established and approved by the Board.
TENDER COMMITTEE Primarily responsible for reviewing and endorsing tender award recommendations.
VENDOR SELECTION COMMITTEE Primarily responsible for reviewing and endorsing the vendor selection process.
WOMEN’S COUNCIL Oversees the implementation of the DP World women’s
CHARITY COMMITTEE Primarily responsible for overseeing and endorsing requests, proposals and the process for DP World’s charitable donations and partnerships.
empowerment vision and strategy to drive gender equality across all aspects of the Company’s portfolio.
STRATEGIC IMPLEMENTATION
Corporate Policies
Thought leadership
Reporting Frameworks
• Sustainability and Impact • Human rights • Whistleblowing • HSE • Security
• Modern Slavery & Human Trafficking • Vendor Code of Conduct • Charity Partnerships
• Impact Studies • Working Groups • Toolkits • Trainings
• UN Global Compact • GRI aligned • CDP • SBTI • W omen Empowerment Principles
Made with FlippingBook - Online catalogs