In accordance with the Company's “Sustainable Development Best Practice Principles,” the economic, environmental, and social issues (including policies, responsive actions, and corresponding targets) arising from CHS’s operational activities are delegated by the Board of Directors to senior management for handling, and the status of implementation is reported back to the Board.
To effectively address ESG issues, review implementation outcomes, and drive continuous improvement, CHS established a company-level Sustainable Development Committee in September 2024. The Committee is chaired by the President and consists of four teams: the Environmental and Carbon Management Team, Social Engagement Team, Corporate Governance Team, and Sustainable Management Team. Each team is led by a department head from the relevant business unit. The Committee convenes regular meetings at least twice a year to discuss matters such as the promotion of sustainable development policies, the setting and tracking of sustainability goals, the preparation of the Sustainability Report, and the review of proposals or reports to be submitted to the Board of Directors. Additionally, the Chairperson reports to the Board twice a year on the execution results, including the progress, achievements, and promotion plans related to sustainability initiatives; the status of ethical corporate management; stakeholder engagement activities; and the basis, process, and content of the Sustainability Report. The following key sustainability-related matters were reported to the Board in 2024:
| Items | Total Number and Nature of Critical Concerns | Relevant Sections |
|---|---|---|
| 1 | Significant sustainable risks (12 items) and opportunities (8 items), along with corresponding responses and goals | Analysis of Material Topics |
| 2 | High-importance climate risks (6 items) and opportunities (3 items), along with corresponding strategies, financial impacts, and goals. | Response to Climate Change |