The ESG committee under the Board of Directors as the supreme decision-making body, the ESG management council made up of management (executives), and the ESG working group that promotes core agenda were established to secure the foundation for promoting company-wide ESG management.
Best Practice Recommendations | Introduction details |
---|---|
Requirements for the composition of the board of directors | More than half of the directors are outside directors |
Introduction of regulations on the operation and role of the board of directors and committee | Introduction |
Disclosure of details of activities of the board of directors and committee | Disclosure |
Composition of the compensation committee | Introduction (composed of 3 inside directors and 3 outside directors) |
Composition of the outside director recommendation committee | Composed of 3 outside directors |
Composition of the audit committee | Composed of 3 outside directors (including 1 financial expert) |
Concentrated voting system | Excluded from the articles of incorporation |
Written voting system | Not introduced |
Subscription to director's liability insurance | Subscribed at company cost |
Disclosure of governance evaluation rating | Posting on the website |
Explain the difference from the best corporate governance standards | Posting on the website |