Page 29 - SD RATCH EN

RATCH Group PCL.
Sustainability Governing Structure
Sustainability Report 2020
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Accounting & Finance Function
Human Resources Management Committee
Performance Evaluation Committee
Asset Management Function
Business Development Function
Project Development Function
Corporate Administration Function
HPO Working Group overseeing HPO-related activities, coordinating and delegating responsible persons
Board of Directors
Chief Executive Officer
Executive Management Committee
Audit Commitee
Risk Management Committee
Human Resources and Remuneration Committee
Investment Committee
Corporate Governance and Social Responsibility Committeee
Risk Management Corporate Governance Working Group Working Group
Safety, Occupational Health and Work Environment Committee
ESG (Environment, Social and Governance) Office Building’s Energy and Environmental Working Group Management Working Group
RATCH aligns with governance best practices in shaping the organizational management structure, which has the Board of Directors as the highest governing body. Best practices are also applied in defining economic, social and environmental strategies as well as short-term and long-term operational targets, for strong and sustainable growth.
Below the Board of Directors, sub-committees are in place to oversee key missions vital for the organization’s sustainability. Details are as follows:
• Audit Committee: Oversee the efficiency and effectiveness of internal control system to rid fraud and corruption and maintain transparency.
• Risk Management Committee: Oversee enterprise risk management and project-level risks in economic, social and environmental dimensions; and evaluate issues likely to become emerging risks that may affect the enterprise’s strategies and objectives, to ensure the achievements of business goals and investment projects.