In order to deepen the company’s sustainable governance culture and strengthen the functions and management mechanism of the board of directors, the board of directors formulated the organizational rules of the sustainable development committee on December 27, 2024, and resolved to establish the sustainable development committee, which is composed of five members appointed by the board of directors as the chairman of the board of directors, the general manager and three independent directors of the company, with a term of office from December 27, 2024 to May 28, 2026.
The chairman of the board of directors who is the identity of CPCS management is the convener.
Establish a sustainable development promotion team in accordance with organizational regulations to assist in the implementation of sustainable development affairs and report the implementation status of sustainable development to this committee:
1. Corporate Governance Team: Responsible for complying with corporate governance laws and regulations, formulating reasonable remuneration policies, employee performance appraisal systems, education and training, and stakeholder communication mechanisms to achieve the company’s sustainable development goals.
2. Sustainable Environment Team: Responsible for the environmental management system, compliance with relevant environmental laws and international standards, etc., evaluating sustainable transformation, improving resource utilization, climate change response mechanism, and setting up special units or personnel for environmental management to achieve the goal of environmental sustainability.
3. Social Welfare Group: Responsible for human rights management policies and procedures, compliance with human rights laws and international standards, etc., establishing internal and external communication between all members of the organization (such as employees, subsidiaries, joint ventures, etc.) and important members of the value chain, assessing relevant risks and management mechanisms, and promoting community development and cultural development, so as to achieve the goal of sustainable management.
4. Sustainable Information Disclosure Team: Responsible for the sustainable information management policy, comply with the relevant laws and regulations and international standards for sustainable information disclosure, and fully disclose relevant and reliable sustainable information to enhance the transparency of sustainable information.
