China Longyuan Power Group Corporation Limited has released details regarding the establishment and responsibilities of its newly formed Sustainable Development Committee. According to the announcement, the committee was created under the Board of Directors to enhance social responsibility fulfillment and oversee the company’s environmental, social, and governance strategy.

The Terms of Reference outline the committee’s composition, which includes three directors and a chairperson, as well as its mandate to make recommendations on sustainable development strategies, ESG governance objectives, and related policies. The committee will also supervise the implementation of ESG measures, monitor performance and risks, and ensure disclosure of progress in accordance with relevant regulations. Provisions in the announcement specify that the committee may engage external experts for professional advice and must report its decisions and recommendations in written form to the Board of Directors.

The document indicates that all discussions within the Sustainable Development Committee must remain confidential, and committee members must recuse themselves from voting on issues where they have an interest. The Terms of Reference take effect upon Board approval and will guide the committee’s work in promoting long-term sustainable development for the company.