Overall Sustainability Governance

The Sustainability Committee (“SC”) is chaired by an Independent Non-Executive Director. The SC is responsible for reviewing overall sustainability performance and progress, and discusses relevant impacts, risks and opportunities. It approves the ESG strategy, key roles, targets and resource allocation, and is responsible for reviewing sustainability and climate-related risks and opportunities on a quarterly basis.

Its responsibilities include overseeing climate scenario analysis capabilities across both physical and transition risks, monitoring progress and reviewing climate-related developments and disclosures relevant to operations in Malaysia and Singapore. 

Effective 23 January 2026, the Risk Management and Sustainability Committee (“RMSC”) was split into two separate committees, i.e. Risk Management Committee (“RMC”) and Sustainability Committee (“SC”) to enable focus and in-depth commitment and attention to sustainability and climate-related risks and opportunities.

The Chief Sustainability Officer (“CSO”) is responsible for leading the development, coordination and implementation of our sustainability and climate-related strategy. The CSO oversees the integration of sustainability considerations into business operations, risk management and performance
monitoring, while ensuring alignment with regulatory requirements and reporting standards. In this capacity, the CSO works closely with senior management and business units to drive accountability, track progress against defined targets and support informed decision-making across the organisation.

The Sustainability Steering Committee (“SSC”), chaired by the CSO and comprising cross-functional senior representatives, provides operational oversight and coordination of sustainability initiatives across Carlsberg Malaysia Group. The SSC reviews performance against sustainability and climate-related targets, monitors key risks and opportunities and facilitates the integration of sustainability priorities into day-to-day operations and long-term planning. Through structured deliberation and regular reporting, the SSC ensures alignment across functions and supports the effective execution of our sustainability agenda.