TSRC Corp

Lobbying Governance

AI Extracted Evidence Snippet Source

The Board of Directors has commissioned the CEO to lead an eight-member Executive Leadership Team (also referred to as the ESG Steering Committee) consisting of the heads of each functional unit to formulate ESG strategies and establish mid- and long-term goals. The ESG Steering Committee reports to and receives approval from the Board of Directors on the development of the ESG organizational structure, the planning framework, and the ESG strategies and objectives. Through biannual reports provided by the ESG Steering Committee, the Board oversees and monitors progress toward ESG goals, material actions, and the outcomes of stakeholder communications. Subsequently, the Board offers guidance for further improvement. [...] To ensure the effective implementation of ESG strategies and goals, TSRC has established an ESG Sustainable Development Team within the Corporate Development Department. This team is tasked with promoting TSRC's ESG initiatives and sustainable development efforts. It oversees the coordination of ESG activities, integrates information, develops action plans, manages related processes, evaluates performance, and proposes improvement plans. Furthermore, to facilitate the implementation of ESG measures and monitor progress, TSRC has formed a cross-functional group named TSRC ESG Partners. This group comprises members from each functional unit selected based on their ESG attributes. The TSRC ESG Partners is responsible for implementing ESG measures monitoring progress and implementing suggestions from the ESG Steering Committee. It is divided into sub-groups focused on Environmental, Social, Governance, and Stakeholder Maintenance and regularly reports to the Executive Leadership Team on the progress and outcomes of its implementation efforts. By doing so, it assists the Executive Leadership Team in consistently monitoring ESG performance and achieving TSRC's short-, mid-, and long-term ESG goals.

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