Our Sustainability

Oversight of ESG

Oversight of ESG

The Fund has appointed the Board as responsible for delivering ESG commitments. The Board is supported by the following committees:

	NSSF Board Committee oversight	Responsibilities
Committee	NSSF Board Committee oversight Staff Administration and Corporate Affairs Committee Audit and Risk Assurance Committee	Responsibilities Social and economic development Anti-corruption and bribery Staff wellness Human rights Promotion of equality Anti-money laundering
Committee	NSSF Board Committee oversight Audit and Risk Assurance Committee	Responsibilities Ethics Monitoring of reported ethics cases and investigations
Committee	NSSF Board Committee oversight Investments and Project Monitoring Committee	Responsibilities Environment Responsible consumption Impact of Fund operations on the environment Impact of investee companies on the environment
Committee	NSSF Board Committee oversight Staff Administration and Corporate Affairs Committee	Responsibilities Stakeholder engagement and management Relationships with key stakeholders both internal and external
Committee	NSSF Board Committee oversight Staff Administration and Corporate Affairs Committee	Responsibilities Sustainability and community development Development of communities through CSI activities

Assurance

The Fund’s Internal Audit team plays a vital role in our ESG strategy by assessing risks amid evolving regulations. As the ESG regulatory landscape continues to change, we have identified necessary updates to address these shifts.

Our internal audit function has mechanisms in place to track ESG-related changes and assess their impact on the Fund’s processes. This objectivity ensures robust checks and balances. Given their existing experience in overseeing the Fund’s operations, Internal Audit will expand its scope over the next 12 months to review all ESG frameworks as part of its assurance activities.

This comprehensive assurance framework supports NSSF in delivering value and ensuring transparency in its operations and reporting.