Sustainability Governance

BOD & BOC

Governance & Accountability

As the lead governing bodies of Lippo Karawaci, the BoD and BoC provide strategic direction for the Group, ensuring that its approach to material ESG issues aligns with the interests of the business and stakeholders. The BoD bears ultimate responsibility for the Group’s ESG performance, while the BoC serves as a supervisory and advisory body to the BoD. Both Boards review the Group’s sustainability targets and performance, as well as approve relevant disclosures, such as the Sustainability Report.

ESG COMMITTEE

Strategy & Oversight

The ESG Committee is appointed by the BoD to set the direction for the Group’s ESG strategy, policies, and initiatives, as well as exercise oversight over the Group’s ESG performance. Chaired by the President Director, the ESG Committee consists of BoD Members and Senior Executives who hold positions of responsibility and/or possess expertise which are relevant to the Group’s ESG strategy and policies. The ESG Committee reports to the BoD and BoC to seek guidance on ESG priorities and workplans, and to provide updates on the Group’s ESG performance. The ESG Committee meets at least four times a year.

ESG STEERING GROUP

Management, Coordination & Monitoring

The ESG Steering Group is the platform through which the Group’s ESG strategy is operationalized. Led by the Group Head of Sustainability, it comprises key representatives from our business units and relevant corporate functions including Risk Control and Assurance, Corporate Secretary, Human Resources, Investor Relations, and Corporate Communications. The ESG Steering Group is responsible for executing workplans approved by the ESG Committee and monitoring ESG performance in their respective areas of operation. When necessary, the ESG Steering Group convenes working groups to socialize workplans, create alignment, and drive progress in specific ESG workstreams

BUSINESS UNIT

Execution

Our business units are tasked with executing the Group’s ESG strategy, policies, and programs within their respective industries. They are held accountable for their ESG performance through regular reporting to the ESG Committee via the ESG Steering Group.