Climate Governance and Strategy

The Company established the Sustainable Development Committee with the chairperson as the convener (as shown in Section 1.1 Corporate Governance), and is a functional committee under the Board of Directors. The President's Office serves as the staff department that brings together supervisors of business units for cross-departmental communication. We identified climate change related risks, and formulated management strategies for strategic risk management. Division of authority and responsibility under the TCFD is shown in the figure below: