Page 24 - SAGT Sustainability Report 2023-2024
P. 24

22 SOUTH ASIA GATEWAY TERMINALS (PVT) LTD

SUSTAINABILITY AT

SAGT

IV.	 Benchmarking and variance control : On         SUSTAINABILITY ORGANISATIONAL                   Commercial & Marketing- Sustainability Division  Sustainability Division
     a continuous basis, SAGT benchmarks            STRUCTURE
     its sustainability performance against         The Sustainability Management Framework is                                                       The Sustainability Division is tasked
     industry best practices and standards as       delivered across the entire organisation via the                                                 with operationalising the Sustainability
     well as competitor performance while           Sustainability Organisational Structure detailed                                                 Management Framework by embedding
     also monitoring against internal goals and     below.                                                                                           sustainability within the organisation’s
     targets that may be set.                                                                                                                        processes. The duties and responsibilities of
                                                                           CEO                                                                       the Sustainability Division include:
V.	 Sustainability initiatives : SAGT undertakes
     various initiatives that address identified                Management Committee                                                                 i.	 Overseeing and managing the input
     areas of concern. These department-                                                                                                                  and approval of quarterly sustainability
     level initiatives are designed to ensure                            Human Resources (HR)                                                             data gathered via the Sustainability
     continuous improvement of SAGT’s                                                                                                                     Performance Analyser and liaising with the
     overall sustainability performance                                          Operations                                                               key departments such as Engineering, HR,
     with a view to achieving cost savings,                                                                                                               Operations, Security and Administration,
     efficiency improvements and stakeholder                                 Health Safety and                                                            Procurement, IT, Commercial and
     engagement.                                                            Environment (HSE)                                                             Marketing and Finance to ensure data
                                                                                                                                                          pertaining to all sustainability areas
VI.	 Sustainability reporting : The Sustainability                              Engineering                                                               (economic, environmental, employees,
     Framework entails annual disclosures on                                                                                                              health &safety etc.) is captured in a timely
     Sustainability performance. SAGT issues                                       Finance                                                                manner.
     a report structured along the Global
     Reporting Initiative (GRI) Framework                                        Purchasing                                                          ii.	 Tracking, collating, analysing, and feeding
     to holistically showcase the Company’s                                                                                                               sustainability data into the Sustainability
     Sustainability performance to internal and                        Security and Administration                                                        Performance Analyser system on a
     external stakeholders                                                                                                                                quarterly basis to generate the internal
                                                                       Commercial and Marketing                                                           sustainability report, prepared for the
                                                                                                                                                          purpose of presenting the Company’s
                                                                                       IT                                                                 sustainability performance to the CEO/
                                                                                                                                                          MC.
                                                    SUSTAINABILITY MANAGEMENT ROLES
                                                    AND RESPONSIBILITIES                                                                             iii.	 Facilitating the annual external
                                                    CEO & Management Committee                                                                            assurance process, and the quarterly
                                                    The responsibility for the formulation of the                                                         internal assurance audits to verify
                                                    Company’s Sustainability Framework lies                                                               the completeness and accuracy of
                                                    with the CEO of SAGT, acting through the                                                              sustainability data, measurement
                                                    Management Committee (MC). The CEO                                                                    processes and ensure adherence to
                                                    is responsible for developing policies and                                                            Sustainability Standard Operating
                                                    approaches, as well for fostering a culture of                                                        Procedures (SOPs).
                                                    sustainability throughout the organisation
                                                                                                                                                     iv.	 Carrying out research on industry best
                                                                                                                                                          practices, conducting benchmarking
                                                                                                                                                          studies and gap analyses and defining
                                                                                                                                                          sustainability goals and targets for the
                                                                                                                                                          Company to work towards.

                                                                                                                                                     v.	 Identifying new initiatives, process
                                                                                                                                                          improvements and areas for cost savings,
                                                                                                                                                          while working with key departments
                                                                                                                                                          to implement these measures and
                                                                                                                                                          maintaining follow up where appropriate.
   19   20   21   22   23   24   25   26   27   28   29