ESG Report 2019

7 ESG GOVERNANCE The Group actively fulfills its social Through meetings, the Board of Directors responsibility, and understands that excellent reviews and revises the Group's sustainable ESG governance results in better investment development policy to ensure that it value, delivering sustainable returns to the effectively meets the expectations and needs Group and its investors. The Board is of stakeholders. In addition, the Group has responsible for developing and approving delegated a third-party professional body to ESG governance policies and programmes, prepare the ESG report and has arranged while the management practises, leads and internal audits to ensure the authenticity of supervises its policy according to the ESG this report and to provide data and direction approach, which are then implemented by the for improving ESG governance. unit during operational processes. ESG WORKING GROUP The Group has put an ESG working group on cover, supervise and report on various ESG- trial in Inner Mongolia Company, which is related areas. The Group plans to establish a responsible for supervising, inspecting and sustainable development working group, reporting on the occupational health, safety which aims at covering all production bases and environmental protection, labor security and functional departments of the Group to and quality safety of Inner Mongolia ensure close connection between the working Company. The ESG working group has more group, the Group and the board of directors to than 20 members, including representatives achieve effective ESG governance. of various departments of Inner Mongolia Company and relevant persons in charge and liaisons of the Group, so as to effectively STAKEHOLDER ENGAGEMENT The Group is aware of the close link between attach great importance to our communication stakeholders and the development of the with various stakeholders, and we use a Group's business. This ESG report has been variety of channels to understand their views prepared with the participation of different and needs, so as to review and improve our stakeholders, enabling the Group to better performance at ESG level. understand its current level of management in the environmental and social aspects. We Environmental, Social and Governance Report 2019 The United Laboratories International Holdings Limited