George Weston Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

At GWL, the board of directors is responsible for overseeing and monitoring both the Company's approach to group wide ESG governance, and GWL's corporate centre ESG policies and practices. The Board receives periodic reports from management on the Company's ESG program and the Audit Committee reviews the adequacy and effectiveness of applicable controls related to the Company's ESG disclosures. The Chief Legal Officer of GWL is the executive sponsor for ESG governance for the Weston Group. [...] Loblaw's board of directors is responsible for overseeing Loblaw's strategy, policies and practices related to ESG. The Risk and Compliance Committee of the board is responsible for ESG strategy and tracking progress against ESG related goals and the Audit Committee reviews the adequacy and effectiveness of controls relating to Loblaw's ESG disclosures. The Loblaw ESG Steering Committee, comprised of senior leaders, is responsible for setting priorities, tracking metrics and championing program initiatives across the company. [...] At Choice Properties, the board of trustees oversees Choice Properties' ESG program and reviews the ESG report on an annual basis. The board of trustees receives periodic reports from management on its ESG program and performance against ESG targets. The Audit Committee oversees the adequacy and effectiveness of controls related to ESG disclosures. A dedicated ESG team maintains and oversees its ESG reporting system and an ESG disclosure committee, comprised of members of its senior leadership oversees ESG disclosures.

https://www.weston.ca/GeorgeWeston/Assets/Documents/Governance/GWL-ESG-Report-2023-EN.pdf