Page 11 - SAGT Sustainability Report 2023-2024

SUSTAINABILITY REPORT 2020/21 9

CORPORATE GOVERNANCE I extend our appreciation to SAGT’s customers,
the company’s shareholders, Board of
As detailed in the relevant section of this Directors, Team SAGT and other stakeholders
report, SAGT’s governance structures are for their continued support to achieve our
well established and in keeping with global objectives and goals especially during these
norms and best practices. With a wholly unprecedented times.
non-executive Board of Directors drawn
from among all the shareholders providing Looking ahead, we will stay strongly
overall strategic direction to the CEO committed to the course, steered by our
and management team, the governance Core Values, while continuing to strengthen
framework includes an audit committee our position on key sustainability issues and
with direct oversight of the internal audit communicating our progress openly and
function - despite being a private company, a transparently.
senior management team and management
committee headed by the CEO and I hope this report provides you with useful
departmental leadership teams headed by and relevant information on our sustainability
department heads, all with clearly articulated commitments and activities. We look forward
delegated decision rights. to continuing this journey with your support
and to grow our future involvement together.
In addition to a wide-ranging policy on
health, safety and environment, SAGT also Romesh David
has a comprehensive policy against sexual Chief Executive Officer
harassment in the workplace, including access
to an external Ombudsperson, policies on
whistle-blowing and procurement; and a newly
formulated supplier code of conduct rolled
out during the year. These policies are widely
publicised and available to all staff in both the
English and Sinhala languages.

ACKNOWLEDGEMENTS

Since the latter part of 2019, the world has
been upended by the COVID-19 pandemic,
which has taken a heavy toll on global supply
chains and trade. The vital role that the
Port and Terminal sector plays in the global
economy was accentuated, as it continued the
supply of essential goods around the world.

As a key facility in a significant hub-port
in the world of container shipping, we will
undoubtedly continue play a role in the post-
pandemic recovery to keep trade moving
between nations. It is more important than
ever that we operate in a responsible and
sustainable manner, to increase resilience in a
post-COVID-19 world.