Fostering Sustainable Ecosystems - Sustainability Report 2023

32 Fostering Sustainable Ecosystems About the Report Leadership Messages About the Theme Corporate Overview Stakeholder Engagement and Materiality Assessment Our ESG priorities and Performance Delegation of Responsibility for Managing Impacts The Board of Directors have implemented a robust framework for delegating responsibility for managing our organization’s impacts on the economy, environment, and people. This delegation process is essential for ensuring that our sustainability objectives are effectively integrated into our day-to-day operations and aligned with our corporate values. Appointment of Senior Executives: The Board has appointed senior executives who hold specific responsibilities for managing impacts across various domains. These executives, including roles such as Chief Financial Officer, Chief Treasury Officers, and Vice President of Environment & Social, are tasked with overseeing and implementing strategies to address economic, environmental, and social impacts in line with our company’s goals and values. They play a pivotal role in driving the integration of sustainability considerations into our overarching business strategy and ensuring accountability for impact management at the executive level. Delegation to Other Employees: In addition to senior executives, the Board has delegated responsibility for impact management to other employees throughout our organization. This decentralized approach empowers individuals across various levels and departments to contribute to our sustainability efforts. Through clear communication of roles and responsibilities, employees are tasked with implementing and monitoring relevant policies and initiatives related to impact management within their respective areas of expertise. This grassroots approach ensures that impact considerations are ingrained in our organizational culture and embedded into the fabric of our day-to-day operations. Our approach to delegating responsibility for impact management underscores our commitment to integrating sustainability into all aspects of our business. By appointing senior executives with specific responsibilities and empowering employees at all levels, we ensure a comprehensive and proactive approach to managing our impacts on the economy, environment, and people, driving positive change and longterm value creation. The process for reporting on the management of our organization’s impacts on the economy, environment, and people to the Board of Directors is structured and frequent, ensuring comprehensive oversight and accountability. In addition to senior executives, the Board has delegated responsibility for impact management to other employees throughout our organization. This decentralized approach empowers individuals across various levels and departments to contribute to our sustainability efforts.

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