The Board serves as the highest decision-making body and the highest supervision body on sustainability issues and is responsible for the provision of strategic direction on the management of material sustainability issues and the formulation and review of the Group's sustainability strategies and goals. The Board is also responsible for overseeing the Group's sustainability issues, and for assessing, prioritizing and managing its sustainability-related risks to ensure that appropriate and effective sustainability risk management and internal control systems are in place.
The Group's Sustainability Committee is a committee of the Board, chaired by the Executive Director and Chief Financial Officer, as well as the Vice Chairman of the Board, the Executive Director and the Chief Executive Officer and three independent non-executive Directors. The Sustainability Committee is delegated by the Board to assist the Board in supervising and managing sustainability issues and the Group's impact on the economy, environment and people, including identifying, evaluating and managing sustainability priorities and reporting regularly to the Board on progress and management. The Committee is also responsible for assisting the Board in reviewing the sustainability performance of the Group as a whole and across its divisions and the approval of sustainability-related reports. For details of the Board and the members of the Sustainability Committee, please refer to the Group's Annual Report.
The Sustainability Committee has established the Sustainability Leadership Team and the Sustainability Working Group to assist in the coordination and implementation of sustainability related work. The Sustainability Leadership Team, comprising senior management of different departments and subsidiaries, is responsible for coordinating and overseeing the development of the Group's sustainable development policies and directions, as well as overseeing and reporting regularly to the Committee on the implementation of sustainable development-related activities. The Sustainable Working Group is responsible for coordinating with all departments to facilitate the Group's execution and implementation of sustainable development tasks and timely reporting implementation matters to the Sustainable Leadership Team.