Sustainability Committee

We practice progressive and innovative entrepreneurship
under the principle of transparent and responsible management

Overview

General description

The Sustainability Committee was established in July 2021, as an expansion of the previously named Governance Committee, to pursue sustainability management in areas including ESG (environment, society, and governance) and to enhance shareholder value.



Composition

In accordance with relevant laws and regulations, the Sustainability Committee shall consist of at least three Independent Directors. Currently the committee consists of six Independent Directors.

Operation

Convention & resolution
The Sustainability Committee shall meet at least once every half year. The Head of the Committee shall call meetings and notify members and other participants of the meeting time and place at least 24 hours in advance.
The presence of a majority of all Committee members shall constitute a quorum and resolutions shall be adopted by a majority of the votes of members attending the meeting; provided that the Committee meeting may take place via electronic means, such as by conference call, within the scope provided by relevant laws.
Agenda

The Sustainability Committee is responsible for agenda items including:

  • matters related to the Company’s sustainability management, such as key strategies and policies on sustainability management, key activities for sustainability management including ESG, and plans for publishing our Sustainability Report
  • matters related to enhancing shareholder value, such as preliminary reviews on shareholder return policies and key issues related to improving shareholder rights and interests
  • other matters that may significantly impact sustainability management and shareholder value that are deemed necessary for the Committee to discuss
  • other matters delegated by the Board of Directors

Activities

Activities from April 2017 to July 2021 were conducted by the Governance Committee, and
those from 2013 to March 2017 were conducted by the CSR Committee