A robust governance structure is integral to the effective implementation of our sustainability strategies. To ensure comprehensive oversight and management of all ESG matters, we have established a three-tier structure that enables us to address sustainability issues and monitor performance effectively.
With the ultimate responsibility for setting, reviewing and approving Sunlight REIT’s sustainability vision and ESG strategies, the Board:
To facilitate the effective implementation of ESG strategies, the Board has delegated ESG-related responsibilities to various Board Committees, the ESG Committee and supporting taskforces as shown in the sustainability governance structure.
In respect of climate-related matters, the Board takes ultimate responsibility for risk management, while the Disclosures Committee plays a crucial role in monitoring the risk assessment process with the assistance of the ESG Committee. The ESG Committee reviews the climate-related risks proposed by relevant departments and reports to the Disclosures Committee, which provides timely updates to the Board. Furthermore, the internal audit function independently evaluates the effectiveness of the risk management framework and presents its findings to the Audit Committee annually, ensuring continuous improvement and accountability in climate-related risk management. For more information of the risk management framework of the Manager, please refer to the “Corporate Governance Report” in Sunlight REIT’s 2025 Annual Report.
This sustainability governance structure enables the Board to review and approve proposals on the sustainability framework, strategic initiatives, and enhancement plans relating to ESG-related (including climate-related) risks and opportunities, thereby ensuring effective oversight of performance against established targets and commitments.
The ESG expertise of the Board is supported by the diverse skill sets of its members, which include backgrounds in banking, corporate finance, academia, property management, real estate investment and finance and accounting. To further understand the backgrounds of Board members, please refer to the “Board of Directors and Senior Management” section in Sunlight REIT’s 2025 Annual Report.
The Board is committed to maintaining a diversity of perspectives to ensure balanced decision-making. Our Board Diversity Policy addresses diversity in gender, age, professional background and skills, and cultural experience in the Board.
The ESG Committee is responsible for all ESG matters and provides semi-annual update to the Disclosures Committee, which in turn reports all significant matters (including climate-related risks and opportunities) to the Board. Chaired by the Chief Executive Officer, the ESG Committee comprises members from senior management of diverse functions to ensure competency, a balance of stakeholders’ interests and expertise on various ESG topics.
The Corporate Social Responsibility Committee proposes and organizes various corporate social responsibility (“CSR”) activities with a view to contributing to society and fostering community engagement.
For more information of the CSR activities of the Manager, please refer to “Our Community”.
The Corporate Culture Committee is responsible for setting and aligning the corporate culture with Sunlight REIT’s vision and strategy. It develops and implements action plans to promote the core values of corporate culture.
The Risk Taskforce reviews key risks (including climate-related risks) of Sunlight REIT and determine whether the proposed controls are adequate and sufficient.
For more information of the risk management framework of the Manager, please refer to the “Corporate Governance Report” in Sunlight REIT’s 2025 Annual Report.
