Environmental, Social & Governance

The four-tier sustainability governance structure begins at the top with the Board, which is ultimately responsible for the Company’s sustainability reporting. The Board maintains oversight on the business affairs and strategic directions of the Group as well as determining the material ESG topics pertinent to the Group’s business on an annual basis.

The Board is supported by the RMSC which ensures there is an appropriate focus on sustainability by management. RMSC oversees the ESG Management Committee which comprises members of senior management personnel who formulate and supervise the policies and initiatives relating to Yanlord’s material ESG topics. Through the support of the ESG Task Force, the specific sustainability practices are shared across the respective departments and communicated to stakeholders. All Board members had completed their training on sustainability matters as prescribed by the Singapore Exchange pursuant to Rule 720(7) of the Listing Manual.

Progress updates on the Sustainability Report 2023 were presented to RMSC and the Board for their consideration and approval. The progress updates include details of the 12 material ESG topics that are pertinent to the Group’s business for FY 2023.

More details are elaborated in the sustainability governance structure below

Four-Tier Sustainability Governance Structure