Governance for Sustainability
Sustainability is a core long-term strategy at BOCHK and a management-level Corporate Social Responsibility Committee was set up in 2010. In 2019, to further advance our sustainability efforts, an enhanced and rigorous three-tier sustainability governance structure was established with the Sustainability Committee in Board level and the Sustainability Executive Committee in the management level.
Three-tier Governance Structure
The Sustainability Committee
● Established in December 2019.
● Currently comprises eight members, including seven Independent Non-executive Directors, as well as the Executive Director and Chief Executive of the Company.
● Responsible for overseeing the Group’s strategy, policies and implementation of sustainability and corporate culture, with a view to achieving sustainability-related objectives. It also closely monitors climate change issue and related opportunities, in order to enhance the Group’s sustainability performance.
The Sustainability Executive Committee
● Chaired by the Chief Executive of the Company and its members are composed of the management team and heads of relevant departments.
● Responsible for promoting and implementing the Group’s (1) sustainability matters; (2) charity-related matters; (3) corporate culture matters and (4) protection of consumer rights responsibilities.
The Sustainability Strategy Working Group
● A cross departmental working group with members from relevant departments.
● Primarily responsible for the coordination and execution of sustainability-related work to ensure effective implementation of strategies, policies and targets.
● Our Corporate Social Responsibility Office and dedicated professional staff responsible for CSR and sustainability-related issues.
Stakeholder Communication Channels
As our valuable stakeholders, you are welcome to send us your views via our ESG mailbox: esg@bochk.com.
