SANY Heavy Industry Co., Ltd. released new guidelines clarifying the governance framework and responsibilities of its Sustainability Committee. The committee is established by the Board of Directors to guide and oversee the company’s environmental, social, and governance (ESG) initiatives, with the goal of enhancing core competitiveness and promoting environmentally responsible and socially beneficial practices.

The committee will consist of three directors, at least one of whom must be independent, and will be chaired by the chairperson of the Board. Its primary duties include setting ESG systems and strategies, reviewing major ESG-related matters, and regularly supervising the company’s ESG performance. The committee is also responsible for evaluating ESG risks and opportunities, conducting relevant research, and offering recommendations to the Board. Meetings will be held at least once a year, and the committee may invite directors, supervisors, and senior management to attend as needed. Any resolutions passed by the committee must be submitted to the Board of Directors for final consideration and approval.