The four-tier sustainability governance structure begins at the top with the Board, which is ultimately responsible for the Company’s sustainability reporting. The Board maintains oversight on the business affairs and strategic directions of the Group as well as determining the material ESG topics pertinent to the Group’s business on an annual basis.
The Board, supported by the RMSC, ensures an appropriate focus on sustainability. The RMSC oversees the ESG Management Committee, comprising senior management personnel who formulate and supervise policies and initiatives related to Yanlord’s material ESG topics. With the support of the ESG Task Force, specific sustainability practices are shared across departments and communicated to stakeholders.
Progress updates on the Sustainability Report 2024 were presented to RMSC and the Board for their consideration and approval. These updates include details of the 12 material ESG topics pertinent to the Group’s business for FY 2024.