The Board Zero Harm (ZH) Committee has oversight of sustainability-related risks and opportunities.
The Committee assists the Bennco Engineering Board in its oversight of Bennco’s compliance with its health, safety, environment, climate change and sustainability commitments. The committee oversees the development and implementation of relevant management systems, and monitoring of performance including climate change and sustainability. The effectiveness of these systems is monitored through internal and third-party audit programs.
Briefing papers and performance reports are provided to the ZH Committee each quarter. Meetings are attended by the Chief Sustainability Officer and Group General Manager of Environment, Sustainability and Reporting to discuss sustainability and climate-related information, strategy, and management response. Decision-making and endorsements provided by the ZH Committee include:
- Review and sign off of the annual Sustainability Report and climate reporting which includes Bennco Engineering’s sustainability performance data
- Participation in, and validation of, Bennco Engineering’s materiality assessment results which inform our sustainability strategy, response to material sustainability risks and opportunities, and upcoming reporting and disclosures
- Approval of Group-wide targets and commitments.
Bennco Engineering’s Audit and Risk Committee (ARC) and Tender Risk Evaluation Committee (TREC) are responsible for providing oversight of Bennco Engineering’s risk profile, policies and management, and external reporting. The TREC is responsible for risk management in tender and execution of contracts. The ARC is responsible for ensuring that the Executive Leadership Team has implemented a structured and comprehensive risk management system across Bennco. In line with this, the ARC Charter explicitly addresses risks including operational, environmental, sustainability, climate-related change, compliance, strategic, ethical conduct, reputation, or brand, technological, product or service quality, and human capital.
