The Hongkong and Shanghai Hotels, Limited (HSH) has released the updated Terms of Reference for its Sustainability Committee, approved by the Board on 13 May 2026.
The Committee must comprise at least three members, including a Non-Executive Director, an Independent Non-Executive Director and the Chief Corporate and Governance Officer. The Company Secretary, or a delegate, will serve as secretary. Meetings are scheduled at least twice a year, with a quorum of any two members; written resolutions require unanimous consent.
Core responsibilities include: • Reviewing and endorsing the Group’s sustainability and climate-related risks, opportunities and strategies. • Evaluating the adequacy of frameworks covering the sustainable luxury strategy, climate-related disclosure, Supplier Code of Conduct, procurement and tendering, and the Donations and Sponsorships Policy. • Prioritising material sustainability issues and overseeing implementation progress against management targets, external benchmarks and evolving legislation. • Monitoring compliance with sustainability-related disclosure regulations across all jurisdictions and reporting overall strategy and progress to the Board. • Approving or endorsing sustainability decisions within the scope of the Company Management Authority Manual and conducting annual reviews of its own mandate.
The Committee is authorised, at the Company’s expense, to investigate any matter within its remit and engage external professional advisers as needed.
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