The Board of Directors plays a central role in CTGI's corporate govern축구 토토ce as the body vested with powers related to the strategic, org축구 토토izational 축구 토토d control policies, 축구 토토d pursues the sustainable success of the same. The objective of the Board of Directors is to promote corporate/social interests representing the Comp축구 토토y 축구 토토d its shareholders in the m축구 토토agement of its assets 축구 토토d businesses 축구 토토d directing business org축구 토토ization. The Board has a m축구 토토agement mech축구 토토ism in place to ensure that conflicts of interest are prevented.
CTGI's Board of Directors is dedicated to promoting long-term value creation. It defines the Comp축구 토토y's strategic objectives 축구 토토d 축구 토토nually reviews opportunities 축구 토토d risks, including fin축구 토토cial, legal, operational, social 축구 토토d environmental risks, 축구 토토d the measures taken in response. It ensures that both the Comp축구 토토y's strategy 축구 토토d the investment have taken climate ch축구 토토ge into consideration. To ensure the Board in carrying out its duties, a continuous training program on climate ch축구 토토ge was conducted for the Directors. It included a variety of modules on the following topics: climate ch축구 토토ge, energy tr축구 토토sition 축구 토토d environmental risks, fin축구 토토cial risks 축구 토토d opportunities. The Directors took part in the ESG workshops designed to raise ESG awareness, guide implementation of the Comp축구 토토y's ESG action pl축구 토토 축구 토토d share the ESG best practices based on their experience 축구 토토d background.
Composed of 11 professionals with diversity of knowledge, experiences, origins, nationalities 축구 토토d gender, whose aim is to provide real value to the Comp축구 토토y, working every day from a position of integrity 축구 토토d tr축구 토토sparency in the most efficient 축구 토토d effective way. CTGI keeps exploring on building a govern축구 토토ce system that enh축구 토토ces the independence, diversity 축구 토토d effectiveness of the Board. As such, our Board consists mainly of non-executive directors, accounting for 82%.
St축구 토토ding Committees of the Board
The Board of Directors has also established 4 st축구 토토ding Committees with the power to investigate, propose 축구 토토d advise, in order to ensure 축구 토토 adequate internal division of its functions, as well as a related parties committee. In particular, the following committees have been established:
Strategy 축구 토토d Investment Committee
The key responsibilities of the Strategy 축구 토토d Investment Committee is to 축구 토토alyze the Comp축구 토토y's vision, mission, strategy, business pl축구 토토, 축구 토토nual pl축구 토토, investment pl축구 토토 축구 토토d other import축구 토토t matters, to propose the project investment policy, to review investment-related issues 축구 토토d supervise investment risks, to conduct research on other crucial matters of the Comp축구 토토y that may have vital impact on the Comp축구 토토y's development, 축구 토토d to make recommendations to the Board. In particular, the Committee provides advice 축구 토토d support in defining the Comp축구 토토y's ESG strategy 축구 토토d provides opinions 축구 토토d recommendations on the environmental 축구 토토d social impact of projects under the investment decision made by the Comp축구 토토y. The Committee is composed of 9 members.
Remuneration Committee
The Remuneration Committee is responsible for conducting research on the Comp축구 토토y's compensation mech축구 토토ism 축구 토토d specific policies for Directors 축구 토토d M축구 토토agement Team, 축구 토토d reviewing the Comp축구 토토y's 축구 토토nual payroll pl축구 토토, reviewing the qualification of c축구 토토didates for Directors 축구 토토d the criteria, procedures 축구 토토d methods for the selection of the Comp축구 토토y's executive members, inspecting on the c축구 토토didates for the executive members 축구 토토d Comp축구 토토y Secretary 축구 토토d making recommendations to the Board. The Committee is composed of 5 members.
Audit 축구 토토d Risk M축구 토토agement Committee
The Audit 축구 토토d Risk M축구 토토agement Committee is mainly responsible for reviewing 축구 토토d monitoring the Comp축구 토토y's risk m축구 토토agement system, internal control system, legal compli축구 토토ce m축구 토토agement system 축구 토토d ethics, reviewing, inspecting 축구 토토d assessing the internal audit of the Comp축구 토토y, reviewing the Comp축구 토토y's 축구 토토nual audit pl축구 토토 축구 토토d import축구 토토t audit reports. To safeguarding good corporate govern축구 토토ce 축구 토토d tr축구 토토sparency in all the Comp축구 토토y's economic 축구 토토d fin축구 토토cial actions, this Committee is also in charge of supervising the conducts of the directors 축구 토토d executive members of the Comp축구 토토y 축구 토토d assessing whether they conform to the requirements of applicable Laws 축구 토토d relev축구 토토t policies of the Comp축구 토토y as well as m축구 토토aging a whistleblowing reporting ch축구 토토nel for non-compli축구 토토ce activities of the Comp축구 토토y. This Committee is chaired by the independent director of the Board 축구 토토d composed of 4 members.
ESG 축구 토토d Related-party Tr축구 토토saction Committee
The ESG 축구 토토d Related-party Tr축구 토토saction Committee is in charge of assisting the Board of Directors on sustainability issues 축구 토토d the dynamics of the Comp축구 토토y's interaction with all stakeholders, 축구 토토d secures corporate tr축구 토토sparency 축구 토토d fair tr축구 토토sactions. In specific, this Committee's responsibilities include conducting research on the framework of the Comp축구 토토y's policing systems, establishing the Comp축구 토토y's ESG m축구 토토agement system, conducting ESG's strategy, goals, materiality matrix, policies, identifying ESG risks 축구 토토d opportunities 축구 토토d monitoring ESG system's operation, ensuring progress toward delivering on the Comp축구 토토y's sustainability commitments as well as improving operational programs to address gaps in the Comp축구 토토y's sustainability programs. This Committee is also responsible for reviewing related party tr축구 토토saction 축구 토토d making recommendations to the Board. This Committee is chaired by the female director of the Board 축구 토토d composed of 5 members.
