In the report, it was stated clearly on page 19 that the company did not undertake any corporate social responsibility (CSR) programmes during the year. What could be the possible implications this action will have on the sustainability of Aluwork PLC (Draw on some of the theories we learnt about sustainability reporting)

04:46 P 1 = Aluworks 2019-Annual Report-1 View Edit Annotation Nature of business The Company is registered to carry on the business of continuous casting and cold rolling of aluminium products. There was no change in the nature of business of the Company during the year. Shareholding structure Refer to note 33 for information on the Company's shareholders. Objectives of the Company The purpose of the Company is to manufacture and market quality aluminium products to its customers responsibly, and profitably and in an innovative way. Particulars of entries in the Interests Register during the financial year The entity did not maintain an Interests Register because no director had interest in any contract. Related party transactions Information regarding directors' interests in ordinary shares of the Company and remuneration is disclosed in the notes 33 to the financial statements. Other than service contracts, no director had a material interest in any contract to which the Company was a party during the year. Related party transactions and balances are also disclosed in note 28 to the financial statements. Corporate social responsibility and code of ethics The Company did not undertake any Corporate Social Responsibility (CSR) programmes during the year. The Company's code of ethics can be found as an appendix to the financial statements. Auditor The Audit Committee has responsibility delegated from the board of directors for making recommendations on the appointment, reappointment, removal and remuneration of the external auditor. KPMG has been the auditor of Aluworks Limited for 13 years. KPMG does not provide non-audit services to the Company. The principal responsibilities of the Committee include reviewing financial reports, internal audit reports, management letters and other information it requests to be tabled. Audit fees As at 31 December 2019, the amount payable in respect of audit fees was GHS 85,000