Sustainability Management Framework
In 2022, to align with international development trends and enhance a competitive edge rooted in sustainable development, the company renamed its “Corporate Social Responsibility Committee” to the “Sustainability Development Committee” and elevated it to the board level. Through this functional committee, the company oversees sustainability affairs, reinforcing its commitment to advancing ESG and sustainable development.
Internally, the Sustainability Development Executive Committee (hereafter referred to as the Executive Committee) plays a key role in planning and executing sustainability initiatives. Chaired by the General Manager, the Executive Committee reports on sustainability progress to the Sustainability Development Committee and the Board of Directors on February 29, May 13, and November 11, 2024, and has proposed the 2025 Sustainability Development Plan.
The sustainability development plan is structured around four key dimensions: Enhancing Corporate Governance, Promoting Environmental Sustainability, Fostering Social Inclusion, and Improving Information Disclosure. Specific initiatives include conducting greenhouse gas inventories and verification, preparing sustainability reports, promoting environmentally friendly projects, participating in social welfare activities, maintaining ISO management system certifications, and advancing sustainable supply chain management.
To comply with IFRS Sustainability Disclosure Standards, the Executive Committee has established an internal control system for sustainability information management. This system includes the “Sustainability Information Management Regulations,” the “Sustainability Report Preparation and Submission Procedures,” and the “Greenhouse Gas Inventory and Verification Procedures.” These measures were approved by the Board of Directors in November 2024, further strengthening the company’s sustainability information management system.
The Sustainability Development Committee and the Board of Directors review the Executive Committee’s proposed sustainability plans and implementation strategies, providing guidance, supervising progress, and requiring that sustainability information management be supported by a robust internal control system with effective execution.
