MENU PLACES PEOPLE PARTNERS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Environmental, Social and Governance Steering Committee The ESGSC is chaired by the Chief Executive of the Company. Other members are the Finance Director and six members of our senior management from the human resources and administration, portfolio management, projects, public affairs, and technical services and sustainable development departments. In 2022, an Independent Non-Executive Director of the Company joined the ESGSC, who is also the Chairman of our Audit Committee. The composition of the ESGSC is reviewed annually by the Chief Executive to ensure an appropriate balance and representation of expertise and experience; and the Chief Executive may appoint any person or persons from within or outside the Company as considered appropriate. The Chairman of the ESGSC reports relevant SD and climate-related matters to the Board, as appropriate. In accordance with its terms of reference, the ESGSC is responsible for: (a) Reviewing, and suggesting any changes to, the Company’s ESG Strategy in respect of ESG matters (the “ESG Strategy”), including approving targets or key initiatives recommended by the working groups; (b) Ensuring that the Company’s operations and practices are carried out in line with the ESG Strategy; (c) Reviewing the Company’s annual performance in achieving targets or key initiatives recommended by the working groups; (d) Reviewing any significant risks, opportunities or investments that exist in connection with the implementation of the ESG Strategy; (e) Reviewing and approving the annual Sustainable Development Report and any relevant ancillary public documents; and (f) Through its Chairman, reporting relevant matters of significance relating to sustainable development to the Board. SD Working Groups Each Pillar is supported by a working group. In 2022, there were six SD working groups that continued to work on the KPIs and future targets set for each Pillar for 2025 and 2030. These are: 1. The Places Working Group, chaired by the Director, Office; 2. The People Working Group, chaired by the Director, Human Resources; 3. The Partners Working Group, chaired by the General Manager, Projects (HK & SE Asia); 4. The Performance (Environment) Working Group, chaired by the Director, TSSD & Facilities Management; 5. The Performance (Economic) Working Group, chaired by the Finance Director; and 6. The Sustainable Development Communication and Engagement Committee, chaired by the Deputy Director – Public Affairs. The members of each SD Working Group are carefully selected to ensure the inclusion of employees with different backgrounds, types of expertise and varying levels of seniority. SUSTAINABLE DEVELOPMENT REPORT 2022 19