Driving Business for Corporate Sustainability
The Group recognizes that sustainable management and business operations can help maximize benefits for shareholders and all groups of stakeholders, as well as helping the Group adapt to future changes. Therefore, the Group focuses on strategic investments, diversifying both domestically and internationally, within a well-defined framework for investing, managing, and expanding each portfolio. Currently, the Group comprises of 5 core business groups: Shipping Group, Offshore Service Group, Agrochemical Group, Food and Beverage Group, and Other Investments Group (including coal importation and water resource management). The Group manages sustainable development approach across all 3 dimensions—namely Environmental, Social, and Governance and Economic (ESG)—to generate positive economic impact and reinforces its position as a leading Asian investment group. The Group is committed to minimizing the negative environmental and social footprint, while enhancing experiences and responding to expectations of all groups of stakeholders. This can be accomplished through integration of conservation and responsible resource utilization into operations in pursuit of sustainable business growth.
Sustainability Policy, Strategy, and Operational Framework
Establishment of the Sustainable Development Committee(2-12, 2-13)
The Group has appointed a Sustainable Development Committee, as approved by the Board of Directors, and developed its charter to clearly define roles, duties, and scope of work of such committee. Chaired by the Company’s director, the Sustainable Development Committee comprises directors and executives from each business group and relevant departments. The Sustainable Development Committee is responsible for establishing sustainability policies, strategies, goals, and operational plans in alignment with business operations across environmental, social, and governance aspects, including climate change and biodiversity conservation. The committee is also charged with reviewing and approving related budgets, supporting further efforts towards sustainable operations, and providing close oversight of sustainable operations.
To ensure the implementation of sustainability strategy throughout the organization and alignment with the Sustainable Development Committee’s policies and strategies, the Sustainable Development Committee has appointed the Sustainable Development Working Group, consisting of representatives from each business group.
