ESG Committee

Kedge Construction established in 2014 the “CSR Committee,” whose responsibility aimed at planning for actions and strategic development regarding corporate social responsibility. In line with the FSC’s “Corporate Governance 3.0 – Blueprint for Sustainable Development,” in 2023, the ESG Committee formed at the company to board level serves as the highest level sustainable development organization within Kedge Construction, coordinating the strategy and goal formulation of the company’s sustainable development, and regularly reviewing performance and goal achievement.

To implement corporate sustainable governance, the duties and responsibilities of the ESG Committee are as follows:

  • Formulate a sustainable development policy.
  • Review the operation of a sustainable development management system.
  • Review our company’s ESG policy objectives, strategies, and action plans, as well as guide and follow up on the progress and performance improvement of each action plan.
  • Supervise various stakeholder engagement plans (such as the writing of an ESG Report) and invite stakeholders to participate in committee meetings or hold stakeholder meetings if necessary.
  • Supervising the compilation of ESG reports and reviewing and approving the publication of report disclosure content (including material topics)

The results and progress of every mission of the ESG Committee are reviewed and supervised by the Corporate Governance team to incorporate them in the company’s decision-making process and improve the performance of the sustainable development. Meanwhile, the results and progress also gradually help us achieve the short-, medium-, and long-term sustainable development targets to demonstrate our resolution to move toward sustainable development.

In 2024, the ESG Committee was established with 4 committee members, with Chairman Yuan Ai-Wei serving as the chief committee member, structuring and promoting group responsibilities, and appointing Independent Director He Chen as deputy chief committee member, with the other 2 members served by the company’s independent directors and general manager. To implement corporate sustainability-related work, the committee has established “Five Major Promotion Groups” under its structure, with group conveners concurrently served by the highest management personnel of corresponding internal departments, and an executive secretary designated by the chief committee member to ensure the promotion and implementation of corporate sustainability development-related work. The five major functional teams currently are: the corporate governance team, the green low-carbon team, the innovative service team, the sustainable supply chain team, and the employee happiness and social inclusion team.

The ESG Committee holds meetings twice a year, chaired by the chair (Chairman). Each team reports on the results of relevant topics and strategies and evaluates the performance, and thus plans approaches for corporate sustainable development. At the meetings, future working projects, the progress of execution and its results, and the ESG-related strategies and goals are required to be reported to the Board of Directors.

Of the 9 board meetings held as of the first quarter of 2025, proposals related to ESG sustainable development accounted for 33% of the total. The content of the proposals involves: (1) the specific implementation plan for sustainable development; (2) sustainability-related policies; (3) the implementation result of sustainable plans. At the meetings, the Board of Directors will ask questions or give suggestions on the content of ESG strategic plans and policy formulation, and decide whether to pass or not. It also reviews and supervises the implementation of the sustainable plans from the progress report, and supervises the operation teams adjusting themselves, when necessary.