{"id":6499,"date":"2025-06-17T23:17:29","date_gmt":"2025-06-17T23:17:29","guid":{"rendered":"https:\/\/www.sminvestments.com\/sustainability\/?page_id=6499"},"modified":"2025-06-17T23:25:55","modified_gmt":"2025-06-17T23:25:55","slug":"sustainability-and-climate-risk-management","status":"publish","type":"page","link":"https:\/\/www.sminvestments.com\/sustainability\/sustainability-and-climate-risk-management\/","title":{"rendered":"Sustainability and Climate Risk Management"},"content":{"rendered":"\t\t
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Sustainability and Climate Risk Management<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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<\/b>1.0 OBJECTIVE<\/span><\/h6>

This Sustainability and Climate Risk Management Policy is part of SM\u2019s Sustainability Management System to ensure the full practice of the Sustainability Policy. It aims to provide implementing guidelines on how the Company mitigates and averts sustainability- and climate-related risks and turns relevant material issues into opportunities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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<\/b>2.0 OUR SUSTAINABILITY AND CLIMATE RISK MANAGEMENT POLICY <\/span><\/h6>

SM Investments Corporation (SMIC) envisions to be a catalyst for responsible development in the communities it serves. To realize this, SM shall asses its Sustainability and Climate Risk Management and keep an active register of its mitigation approaches and opportunistic initiatives allowing SM to thrive above physical and transition risks and changing landscapes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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<\/b>3.0 OUR COMMITMENT AND INITIATIVES<\/span><\/h6>

With SMIC serving as lead and exemplary to the group, all business units within the SM group are expected to develop their respective Sustainability and Climate Management Policy and Framework aligned to the Commitments stated in this policy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.1 Adoption of Global Standards<\/p>

We adopt and adhere to globally accepted standards for Risk Management such as ISO 31000, COSO WBCSD Risk Management Framework and other accepted frameworks in designing the Company\u2019s Sustainability and Climate Risk Management System; incorporating both internal and external risks and opportunities providing a balanced representation of the Company\u2019s Sustainability- and Climate-related Risks and Opportunities. We shall also encourage our business partners and suppliers to adhere to similar principles as much as possible.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.2 Holistic Approach to Enterprise Risk Management<\/p>

We incorporate the Company\u2019s Sustainability and Climate Risk Management into its holistic Enterprise Risk Management; applying a singular and cohesive approach to both Sustainability and Climate Risk Management and Enterprise Risk Management; employing a holistic implementation of Sustainability and Climate Risk Management across departments. We shall regularly identify and assess potential sustainability- and climate-related risks associated with our business activities. This includes but is not limited to environmental impact, social responsibility, human rights, labor practices, and corporate governance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.3 Board Level Oversight<\/p>

We assign the Risk Management Committee of the Board as oversight of all Sustainability- and Climaterelated risk and opportunities management; conducting regular meetings and progress reports.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.4 Officer in Charge for Sustainability and Climate Risk Management<\/p>

The Chief Risk and Compliance Officer is the officer in charge of overseeing the development, implementation and assessment of the Sustainability and Climate Risk Management done in partnership with the SM Sustainability Office. The Head of the SM Sustainability Office is the designated officer to directly oversee the implementation and continuous assessment of the Sustainability and Climate Risk Management as incorporated in the respective sustainability roadmaps of the SM group and each business units.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.5 Regular Assessment<\/p>

The SM Sustainability and Climate Risk Management framework is a live document that is adjusted and updated following regular assessments conducted by both the SM Sustainability Office and Risk Management Office; assessing risk levels, response levels, targets and solutions as implemented accordingly. We are committed to the continuous improvement of our sustainability- and climate-related performance. We shall regularly review and update our Sustainability and Climate Risk Management Policy, setting measurable targets and objectives to enhance our practices.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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3.6 Training and Awareness<\/p>

Employees will receive training to increase awareness of sustainability- and climate-related issues relevant to their roles and the organization. We believe that continuous training will empower our employees and stakeholders to contribute to the successful implementation of this Sustainability and Climate Risk Management Policy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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This policy is part of the SM Enterprise Risk and Sustainability Management System to ensure the full realization of the SM Sustainability Policy. This will be reviewed annually and revised as necessary to reflect the changes in our business, industry and regulatory environment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Sustainability and Climate Risk Management 1.0 OBJECTIVE This Sustainability and Climate Risk Management Policy is part of SM\u2019s Sustainability Management System to ensure the full practice of the Sustainability Policy. It aims to provide implementing guidelines on how the Company mitigates and averts sustainability- and climate-related risks and turns relevant material issues into opportunities. 2.0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_theme","meta":{"footnotes":""},"class_list":["post-6499","page","type-page","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/pages\/6499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/comments?post=6499"}],"version-history":[{"count":7,"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/pages\/6499\/revisions"}],"predecessor-version":[{"id":6507,"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/pages\/6499\/revisions\/6507"}],"wp:attachment":[{"href":"https:\/\/www.sminvestments.com\/sustainability\/wp-json\/wp\/v2\/media?parent=6499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}