"The Audit and Risk Committee Charter requires the Audit and Risk Committee (or, in its absence, the Board) to assist management in determining whether the Company has any material exposure to environmental or social risks and, if it does, how it manages or intends to manage those risks.
The Company’s Corporate Governance Pack requires the Company to disclose whether it has any material exposure to environmental or social risks and, if it does, how it manages or intends to manage those risks. The Board did not complete a formal analysis of material exposure to environmental and social risks during the reporting period.
A formal risk management process specifically considering material exposure to environmental and social risks is proposed to be completed in the near future.".
Thank god they'll do that in the near future..
Also no independent directors anymore - red flag
no women on the board!
(20min delay)