5
HOW WE ANCHOR SUSTAINABILITY
THE JOURNEY TOWARDS OUR 4 SUSTAINABILITY COMMITMENTS
2021 RESULTS
2022 TARGETS
RISK AND COMPLIANCE
SUSTAINABILITY GOVERNANCE
The Sustainability Audit & Certification Committee is comprised of the core sustainability team. This team sets sustainability standards, supports the execution of the strategic initiatives, organises and follow up on audits and ensures the training and education of employees.
The representatives from shared services are responsible for supporting legal and contractual compliance as well as integrating sustainability in existing corporate culture and performance reporting.
The local directors are accountable for local sustainability performance, ensuring execution of the defined actions, and implementing mitigation actions from audit observations.
As of 2022, LTP Group has defined an organisation and governance structure that provides the global and local management teams with the necessary exchange of information and delegation of responsibility to anchor and drive sustainability initiatives across the group. 1) LTP Group’s Board of Directors sets the functions and duties of the sustainability steering committee. It provides the steering committee with the mandate to make strategic decisions and approves the overall sustainability strategy and budget. The Sustainability Steering Committee is comprised of LTP Group’s management team and the global sustainability manager. The committee sets strategic direction and priorities, and monitors execution of the sustainability strategy for 2022-2025. The Sustainability Management Committee is composed of the global sustainability manager, 6 local directors, and representatives from the shared services group.
SUSTAINABILITY COMMITTEES
Note: 1) Lines of reporting are made visible in LTP Group organisational charts
LTP Group 2021 Sustainability performance report
Powered by FlippingBook