The BSC will now provide input to the Board on ESG issues and sustainability performance. Wilmar  International  Limited (“Wilmar”  or  the  “Company”)  wishes  to  announce  that  it  has  established a…

The BSC will now provide input to the Board on ESG issues and sustainability performance.

Wilmar  International  Limited (“Wilmar”  or  the  “Company”)  wishes  to  announce  that  it  has  established a Board  Sustainability  Committee  (“BSC”)  to  provide  specific  oversight  of  the Company’s  sustainability strategy.  This  will  include  governance over  implementation  and  communications  of  the  Company’s sustainability  activities  with  its  stakeholders.  Sustainability or environmental,  social  and  governance (“ESG”)  matters  previously  fell  under  the purview  of  the Company’s  Risk  Management  Committee (“RMC”)  as  one of  several  operational  risks  that  the RMC  has  oversight  of. 

The  BSC  will  now  provide input  to the Board on  ESG  issues  and  sustainability  performance.    The  setting up  of  a new  board-level committee  dedicated  to  sustainability  signals  the  importance  of  these  issues  to  Wilmar,  and  that  the Wilmar  Board  is  fully  committed  to  integrating  sustainability  within  the  Wilmar  business  model.