Sustainability Committee & Materiality
Sustainability Team Structure
We recognize that, in addition to regular stakeholder interaction, an organization requires a dedicated Board committee to conduct an in-depth assessment of ESG (Environment, Social and Governance) concerns.
As a responsible corporate, GCL has endeavored to constitute ESG Teams (for GCL and its Subsidiaries) to fulfill its Environment, Social and Governance obligations and responsibilities.
The ESG Committee of GCL's Board of Directors is the highest governance body in charge of climate-related initiatives. ESG Steering Committee assists the ESG Committee in articulating and developing its ESG strategy. ESG working group at each site implements initiatives to address ESG issues.
Materiality
Enhancing stakeholder value is pivotal to our journey, with stakeholders ranging from employees, suppliers, customers, shareholders, to communities and government bodies. Material issues are a critical input for medium and long-term planning. The importance of an issue to stakeholders and GCL forms the basis of the materiality analysis and guides the processes for identifying, managing and devising specific action plans for addressing it.
Materiality Topics:
- M1 - Employee Health & Safety (S)
- M2 - Climate change (E)
- M3 - Sustainable Innovation (E)
- M4 - Corporate Governance & Business Ethics (G)
- M5 - Human Rights (S)
- M6 - Water Management (E)
- M7 - Product Stewardship (ESG)
- M8 - Employee Engagement (S)
- M9 - Supply Chain Management (G)
- M10 - Social Development & Community involvement (S)
- M11 - Cyber Security (G)
- M12 - Training & Skill Development (S)
