At JC&C, the Board of Directors (the “Board”) is the highest governing body, and provides oversight and guidance on the topic of sustainability to our management. The Board reviews and endorses the material ESG topics annually, to ensure their integration into the Group’s overarching strategy and portfolio management. The Board is also responsible for JC&C’s sustainability reporting. The board-level Audit & Risk Committee (“ARC”) assists the Board to oversee all risks, including ESG and climate-related matters. The Board meets five times a year, with sustainability as an agenda item at each meeting.

The Executive Committee (“Excom”), which comprises JC&C’s leadership team, shapes the overall sustainability strategy. The Excom incorporates relevant ESG elements into annual budget discussions and long-term planning, and ensures that sustainability goals are aligned with performance objectives. For a robust management of sustainability matters, the Excom also ensures that all new investments or significant capital expenditures undergo a sustainability analysis, with due diligence reports reviewed by the Board. As part of JC&C’s sustainability commitment, ESG considerations are factored into management’s performance incentives. The Excom is assisted by a cross-functional Sustainability Committee comprising the Excom members and Heads of Function. The Sustainability Committee members meet quarterly to set goals, plan initiatives and develop action plans. With the support of the Sustainability Working Group, which is made up of representatives across various business functions, these plans are operationalised and executed. The Sustainability Working Group meets quarterly to discuss issues, implement strategy and monitor trends.

The ESG & Sustainable Development function reports directly to the Group Managing Director and coordinates the sustainability initiatives across the Group. It also collaborates with the internal functions and portfolio company-level sustainability teams, to provide strategic guidance on ESG matters. The department is responsible for the consolidation of ESG data and reporting.

For a detailed description of Corporate Governance at JC&C, please refer to our Annual Report 2024 on pages 30 to 57.