Our sustainability governance structure provides a solid foundation for developing and delivering its commitment to sustainability. This is embedded at all levels of the Group, including the Board, the Sustainability Committee and the Sustainability Management Committee, comprising the CEO and other senior officials. The Sustainability Committee and the Sustainability Management Committee provide guidance to our businesses to maintain Group consistency in implementing their own sustainability strategies, manages goals, targets, reporting processes and strengthens the relations with internal and external stakeholders, and also ensure overall accountability.
The Group has formulated separate policies on sustainability, environment, supply chain management, and human rights. These policies are primarily intended to serve as the ultimate guiding principles for sustainability practices within the Group, putting its values into action across the businesses and detailing the Group’s commitments to business integrity, people, environment, and communities in which the Group operates.
The Board has ultimate accountability for the Group’s sustainability strategy, management, performance and reporting through the support of the Sustainability Committee.
The Board examines and approves the Group’s sustainability objectives, strategies, priorities, initiatives, goals and targets as well as the corresponding policies and frameworks that support their achievement.
The Sustainability Committee reports to the Board on sustainability risks and opportunities, and periodically discusses its impact on business strategy.
Our directors or executives are appointed to the boards and management committees of all material investment for overseeing and monitoring the sustainability performance of each business. The executive management team of each business is accountable for the conduct and performance within the agreed strategies.
The Sustainability Committee was established as a Board committee which has an overarching role in supporting the Board on the matters of sustainability and oversees the implementation of the sustainability initiatives of the Group, including reviewing the related policies and practices, and assessing and making recommendations on matters concerning the Group’s sustainability governance, strategy, planning and risks.
Key responsibilities of the Sustainability Committee include:
Sustainability Management Committee
Composed of Chief Executive Officer, an Executive Director, Chief Financial Officer, Group Legal Counsel and Company Secretary and selected members of the Group’s management, the Sustainability Management Committee focuses on addressing sustainability issues and policies and driving strategic initiatives across the Group. It reports to, and receives feedback from, the Sustainability Committee on a regular basis.
Management of Business Units