Under the Global Executive Committee (Global EXCO), which is the Group's highest-level committee overseeing its business strategy and execution, committees are established based on management strategies and issues, and each committee works across regions and organizations to tackle issues. The Global Sustainability Committee (GSC) is one of those committees which is responsible for organizing the Group's Sustainability Framework and holistically leading the design and implementation of sustainability initiatives. GSC includes working groups of cross-functional, cross-regional leaders from appropriate functions, working on each of the key themes and reporting on its progress and plans to the committees at least quarterly. The GSC regularly reviews the Group's focus items while reporting and proposing the progress of initiatives and responses to emerging challenges to the Global EXCO. In addition, the GSC is continually strengthening its initiatives through the plan-do-check-action (PDCA) cycle by developing the targets, KPIs and metrics to track progress.
The Board of Directors supervises operating divisions via regular progress reports and information sharing to create a corporate governance system that aims to realize the Mid-to Long Term Business Strategy. In sustainability areas, the Board of Directors receive and review regular reports on the status of sustainability initiatives, including achieving carbon neutrality, contributing to a circular economy and progress toward nature positive.
Management structure (as of March 2024)
