46 Environmental, Social and Governance Report 2022 PILLAR 3: CORPORATE PERFORMANCE Corporate Governance ESG GOVERNANCE Ensuring an integrated and robust ESG governance structure is the foundation to ESR’s commitment towards fostering an effective corporate governance culture across the enlarged Group. The ESG governance structure sets the tone at the top and underscores the importance of strong corporate governance. The Board of Directors provides the overall stewardship and strategic direction on sustainability management. The Board reviews progress made against ESG related targets from the ESG 2025 Roadmap disclosed in this report and receives regular ESG updates during board meetings. Working closely with the Group Leadership team and led by the ESG Committee, material ESG issues are regularly reviewed and considered in the strategy formulation by the Board and senior management at the quarterly Board meetings and other ad-hoc meetings as and when required. The ESG Committee reports to the Board on matters such as key ESG highlights for the reporting period, project updates and market trends and development. The ESG Committee drives ESR’s sustainability efforts, which comprises the Group ESG Officer, ESG team members and senior representatives across local and overseas offices with dedicated ESG responsibilities. The ESG Committee members have the relevant sustainability expertise and experience on areas such as ESG reporting standards and frameworks, as well as technical knowledge on asset management, renewable energy, health and safety, diversity and inclusion. The ESG Committee reports to the Group Head, Governance & Sustainability and updates the Group Leadership team consisting of the Group Co-founders & Co-CEOs. The ESG Committee is responsible for implementing sustainability strategies and initiatives, monitoring and reporting the performance of related targets, and coordinating ESG efforts across the enlarged Group. Group ESG team Board of Directors Group Leadership team Approvals Report ESG Committee Approvals Report ESR ARA LOGOS Coordinates
RkJQdWJsaXNoZXIy MTIwODcxMw==