The Group has aligned its sustainability strategy with the ESG framework, addressing all aspects of environmental, social, and governance issues. The Group has implemented sustainability initiatives at the policy level and assigned the Corporate Governance and Sustainability Development Committee to define the direction, policies, strategies, and business frameworks for sustainable operations, covering economic, social, environmental, and governance areas. This is to establish operational standards for the organization, which executives and employees can follow as guidelines. The approach ensures that the organization operates correctly and in line with its objectives, enabling proactive action and adaptation to change circumstances and emerging risks with preparation. Additionally, this approach builds confidence among all stakeholders and relevant parties, both internal and external. For management purposes, a working team has been designated to oversee the organization’s sustainability, with the ESG and Corporate Sustainability Division responsible for implementing the established policies and targets, as well as evaluating and reporting progress.
The Group effectively manages sustainability through the Corporate Governance and Sustainability Development Committee, in collaboration with the Risk Management Committee, which oversees and reviews practices, and assigns sustainability and governance policies. A designated working team is assigned to implement these policies and reports directly to the Corporate Governance and Sustainability Development Committee. The Chief Executive Officer (CEO) chairs the sustainability management working team, which includes executives and employees from various business units and departments as members.
The Corporate Sustainability Management Working Team establishes the goals, direction, policies, and strategies for the Group's sustainability efforts. The team oversees operations, manages sustainability risks and opportunities, offers guidance to promote and cultivate a sustainability-driven corporate culture, encourages stakeholder engagement, and develops corporate governance to enhance the Group's overall sustainability. This is aligned with the SDGs, key issues identified through sustainability assessments, and stakeholder expectations. The working team holds regular meetings every quarter.
The ESG and Corporate Sustainability Division will act as the central coordinating body to monitor and collect data for evaluating the progress and performance of the policies and goals set by the sustainability management working team. The results will be reported to the Corporate Governance and Sustainability Development Committee at least 1 time per year. The Corporate Sustainability Management Working Team has identified a key objective in managing environmental conservation strategies to help the Group achieve its goal of reaching NET ZERO—reducing net greenhouse gas emissions to zero by 2050. This is a priority issue that the Group places the utmost importance on.
To achieve this goal, the Group adopts a holistic approach to sustainability management, engaging stakeholders at all levels—from employees and communities to business partners and suppliers. The Group continuously evaluates its processes to ensure alignment with sustainable development principles while fostering a culture of responsibility and innovation. By adhering to a strong governance framework and prioritizing ethical business practices, the Group is confident that its activities not only meet stakeholder expectations but also create long-term value for all stakeholders. Furthermore, these efforts contribute to building a future that is more environmentally friendly and equitable.
The Corporate Governance and Sustainability Development Committee is responsible for setting goals and policies, as well as reviewing and overseeing good corporate governance practices, risk management, and compliance with regulations. The committee also ensures that sustainability plans and operations are appropriate for the business environment, in compliance with laws, and aligned with international best practices. Additionally, the committee reviews the sustainability budget for presentation to the Board.
The Sustainability Management Working Team is composed of key executives from departments related to sustainability. The team is responsible for defining the framework, policies, and practices for sustainability, as well as reviewing the progress of key sustainability initiatives, such as achieving NET ZERO 2050. The team provides strategic guidance, sets policies, and drives the implementation of sustainability initiatives and projects.
The ESG and Corporate Sustainability Division serves as the central coordinating body, connecting departments and key contact persons involved in sustainability efforts. It is responsible for breaking down the organization’s main goals into actionable plans for each department, adapting them to their specific areas of responsibility. The division also identifies and assesses risks and opportunities, with a particular focus on risk management, ensuring that appropriate mitigation measures are in place. Additionally, the division contributes to the development of sustainability training programs for employees at all levels and disseminates knowledge through appropriate channels.