Kerry Properties Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

**Responsibilities** This policy has been reviewed by the Sustainability Steering Committee (the "Committee"), whose Chairman is the member of the Board and has been approved by the Board. The Committee will review and update this policy periodically. The Board is responsible for the oversight over the Group's climate policy and performance, and management and divisional heads are responsible for its implementation.

https://sustain.kerryprops.com/en/uploads/policies/KPL-climate_change_policy.pdf

The Board plays a critical role in overseeing the Group's long-term strategic direction and approving major business priorities to enhance sustainability performance and reporting. It is responsible for the Company's sustainability and climate-related matters. Annually, the Board establishes a comprehensive strategy to align various stakeholders' interests and provide essential guidelines for all aspects of sustainability management. [...] The Sustainability Steering Committee (the "Committee") is a dedicated body appointed by the Board and chaired by our Deputy Chief Executive Officer. The Committee comprises of the Board members, senior executives of key functions and business units. The chairman of the Committee serves as the senior decision-maker for sustainability and climate-related matters within the organisation. In addition to sustainable business knowledge and mindset, the Committee members are well-equipped to provide valuable insights, guidance, and forward-looking directions on sustainability. [...] Within the Committee, we have established four specialised sub-committees and four taskforces, each dedicated to tackling different aspects of environmental and social impacts. Their responsibilities include assessing the Company's management strategies for each significant topic, orchestrating stakeholder surveys, and drawing comparisons with both industry peers and best practices.

https://sustain.kerryprops.com/assets/pdf/en/2023/kpl_sr_2023.pdf

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023