Sustainability Development Committee
Silks Hotel Group manages sustainability through four core pillars: governance, cross-functional collaboration, data-driven management, and operational integration. The Board of Directors serves as the highest supervisory body, overseeing sustainability policies, strategic directions, material issues, and annual goals, while evaluating performance and risk management.
Under the Board, the Sustainability Committee—chaired by the Chairman, vice-chaired by the Chief Operating Officer, and coordinated by the Associate Vice President of Sustainability—drives cross-departmental ESG initiatives. Supported by seven dedicated task forces and a climate governance framework, the Committee ensures seamless integration of sustainability into daily operations.
Sustainability Development Committee Structure
Sustainability Committee Operations and Responsibilities
The Sustainability Committee is the dedicated organization driving sustainability within the Company. It formulates sustainability policies, visions, strategies, and annual goals while coordinating environmental, social, and governance (ESG) initiatives. Through regular meetings, the Committee tracks task force execution, reviews performance and progress toward goals, and provides management recommendations regarding material issues, risks, and improvement needs.
The Committee also oversees management of key material topics—including climate governance, supply chain management, human rights, occupational health and safety, food safety, and stakeholder engagement. It regularly reports outcomes and improvement plans to the Board of Directors, providing an essential foundation for Board oversight of sustainability strategies, risk management, and climate governance.
The Sustainability Committee and its operational teams meet regularly to monitor task force progress and effectiveness. In 2025, four reports were submitted to the Board covering sustainability performance, material topic management, and climate governance, ensuring strategic alignment with Group business operations.
Functional Area | Key Responsibilities | Management Deliverables | Aligned Standards / Frameworks |
|---|---|---|---|
Sustainability Strategy & Planning | Formulate corporate sustainability visions, policies, strategic directions, and annual goals, integrating ESG into Group business strategies. | Sustainability strategies, annual goals, action plans | GRI 2-12, GRI 2-13 |
Material Topic Management | Identify, assess, and review material sustainability topics based on stakeholder engagement and operational impacts, formulating management responses. | List of material topics, topic response strategies, improvement measures | GRI 2-29, GRI 3-1, GRI 3-2, GRI 3-3 |
ESG Action Implementation | Coordinate ESG sustainability initiatives across environmental, social, and governance dimensions, tracking task force progress and outcomes. | ESG performance results, task force progress reports | GRI 2-13 |
Climate Governance & Risk Management | Oversee climate risk and opportunity identification, greenhouse gas management, energy stewardship, decarbonization strategies, and low-carbon transition efforts. | Climate risk and opportunity assessments, GHG management performance, carbon reduction progress | TCFD Governance, TCFD Risk Management, IFRS S2 |
Stakeholder Engagement | Establish communication and feedback mechanisms to consolidate issues of stakeholder concern, informing sustainability decision-making. | Stakeholder engagement records, summary of key concerns, response measures | GRI 2-29 |
Performance Tracking & Improvement | Regularly review goal achievement, management effectiveness, and improvement needs, adjusting action plans as necessary. | Sustainability performance tracking sheets, improvement plans, follow-up items | GRI 2-13, GRI 3-3 |
Information Disclosure & Report Management | Review Sustainability Report content and the completeness and accuracy of disclosures, ensuring transparency and compliance with reporting requirements. | Sustainability Report, GRI / SASB / TCFD content index, disclosure data summaries | GRI 2-14, SASB, TCFD; Reference to IFRS S1, S2 |
Board Reporting | Regularly report sustainability progress, material topics, risk management, and climate governance implementation to the Board of Directors. | Board presentation materials, Board resolutions and guidance, follow-up items | GRI 2-12, GRI 2-14; TCFD Governance |
Through structured governance, cross-departmental collaboration, and regular performance tracking, the Group continuously incorporates sustainability targets into operational decisions and daily management. Moving forward, based on material topic assessments, stakeholder feedback, and international disclosure trends, the Group will regularly review governance effectiveness, strengthen risk management and data quality, enhance corporate resilience, and deliver long-term value for shareholders, employees, guests, suppliers, communities, and all stakeholders.