Sustainability Committee
We practice progressive and innovative entrepreneurship
under the principle of transparent and responsible management
Overview
General description
Composition
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.
Sustainability Committee | |||||
---|---|---|---|---|---|
Han-Jo Kim (Head of Committee) | Jun-Sung Kim | Eun-Nyeong Heo | Myung-Hee Yoo | Je-Yoon Shin | Hye-Kyung Cho |
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.
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
those from 2013 to March 2017 were conducted by the CSR Committee
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2024
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Committee Activities in 2024 Date Agenda Attendance April 26 Report on updates of IR 6/6 present Results of 2024 Materiality Assessment Results of EU stakeholder engagement Plans to expand Stellar Forest, Samsung Electronics’ standard workplace for people with disabilities in the form of a subsidiary January 29 Measures to elevate ESG stakeholder engagement 6/6 present Plans to release Sustainability Report 2024 Report on updates of IR activities Preliminary review on 2024–2026 shareholder return policy -
2023
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Committee Activities in 2023 Date Agenda Attendance October 27 Report on IR activities 6/6 present Report on Key achievements of the New Environmental Strategy during its first year of implementation July 25 Report on IR activities 6/6 present Report on progress of The Universe Report on progress of the Company’s accessibility April 27 Updates of IR activities 6/6 present Current status and response; ESG information disclosure request (draft) Current status and response: EU supply chain due diligence directive January 31 Updates of IR activities 6/6 present -
2022
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Committee Activities in 2022 Date Agenda Attendance October 27 Updates of IR activities 4/4 present Internal and external sustainability management trends Joining of the Semiconductor Climate Consortium Progress on promoting establishment of a standardized workplace for persons with disabilities as a subsidiary September 1 Promotion of SEC’s Environmental Strategy (proposal) 4/4 present July 28 Updates of IR activities 4/4 present Progress on promoting diversity and inclusion April 28 Appointment of the head of the Sustainability Committee 5/5 present Report on updates of IR activities Results of ESG meetings with investors Report on plans for publishing Sustainability Report Key tasks in company-wide sustainability management Results of survey on corporate reputation February 11 Report on social contribution activities 6/6 present Current status on joining the UN Global Compact Report on updates of IR activities -
2021
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Committee Activities in 2021 Date Agenda Attendance October 28 ※ Reporting Item
Reporting on current status of IR
Operation of the Sustainability Committee6/6 present July 29 ※ Reporting Item
Reporting on current status of IR
Operation of the Sustainability Committee6/6 present April 29 ※ Reporting Item
Reporting on current status of IR
Report on plans for publishing Sustainability Report6/6 present January 26 Prior review on the shareholder return policy for 2021 to 2023 6/6 present ※ Reported Item
Reporting on current status of IR -
2020
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Committee Activities in 2020 Date Agenda Attendance October 29 ※ Reporting Item
Reporting on current status of IR
Reporting on meeting results from IR/sustainability roadshow6/6 present July 30 ※ Reporting Item
Reporting on current status of IR
6/6 present April 29 ※ Reporting Item
Reporting on current status of IR
Report on plans for publishing Sustainability Report6/6 present February 20 ※ Items reviewed
Review of Board Chairman appointment6/6 present January 30 ※ Reported Item
Reporting on current status of IR6/6 present -
2019
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Committee Activities in 2019 Date Agenda Attendance November 29 ※ Reported Item
Reporting on Company’s sustainable management scheme6/6 present October 31 ※ Reported Item
Reporting on updates of IR activities
Reporting on IR-Sustainability roadshow investor meeting results6/6 present July 31 ※ Reported Item
Report on updates of IR activities6/6 present April 30 Appointment of the head of the Committee 6/6 present -
2018
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Committee Activities in 2018 Date Agenda Attendance October 31 ※ Reported Item
ERP system upgrade6/6 present July 31 ※ Reported Item
Report on updates of IR activities6/6 present April 26 Appointment of the head of the committee
※ Reported Item
Report on updates of IR activities
Report on agenda items of CSR risk management council6/6 present February 23 ※ Reported Item
Report on updates of IR activities
Report on agenda items of CSR risk management council4/5 present -
2017
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Committee Activities in 2017 Date Agenda Attendance October 31 Review on shareholder return program for 2018-2020
※ Reported Item
Report on 4Q17 results of CSR risk management council5/5 present July 27 ※ Reported Item
Report on updates of IR activities
Report on 3Q17 results of CSR Risk Management Council5/5 present June 12 Review on establishment of Corporate Governance Charter 5/5 present Review on Governance Committee operation April 27 ※ Reported Item
Report on updates of IR activities
Report on 2Q17 results of CSR Risk Management Council5/5 present February 24 ※ Reported Item
Report on 1Q17 results of CSR Risk Management Council5/5 present -
2016
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Committee Activities in 2016 Date Agenda Attendance November 29 ※ Reported Item
Report on 4Q16 results of CSR Risk Management Council5/5 present July 28 Establishment of CSR Risk Management Council 5/5 present May 20 Review on risk management plans 5/5 present Research results and findings of the 2nd term research committee for the advancement of corporate ecosystem April 28 Review on establishment of Risk Management Council 5/5 present -
2015
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Committee Activities in 2015 Date Agenda Attendance July 30 Report on corporate social contribution activities 5/5 present April 29 Appointment of the Head of the Committee 5/5 present Operation of the 2nd term of the research committee for the advancement of corporate system January 29 Report on corporate social contribution activities 5/5 present -
2014
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Committee Activities in 2014 Date Agenda Attendance May 30 Research results and findings from the advancement of corporate ecosystem research council 4/5 present Report on progress of research results for the environmental safety January 24 Report on the results of establishment of research committee for environmental safety - -
2013
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Committee Activities in 2013 Date Agenda Attendance November 29 Report on corporate social contribution activities in 2013 5/5 present Report on research committee for the advancement of corporate ecosystem May 30 Establishment of research committee for the advancement of corporate ecosystem and appointment of research members 5/5 present March 19 Appointment of the Head of CSR Committee 5/5 present Report on corporate social contribution strategies for 2013
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- Sustainability Committee