Relate to internationally agreed standards. 4.9 Procedures of the highest governance body for overseeing the organisation’s identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles. 12 4.10 Processes for evaluating the highest governance body’s own performance, particularly with respect to economic, environmental, and social performance. 12 Commitments to External Initiatives 4.11 Explanation of whether and how the precautionary approach or principle is addressed by the organisation.