CHAPTER 2 A future-proof company

56

Our ESG department, which is represented on the Management Committee, is responsible for managing all these aspects so as to accelerate the shift towards a more sustainable approach and improve our positive contribution to society. This department has two areas, the Carbon Cycle area and the ESG Planning and Development area. It is responsible, together with the other bodies that have been set up, for providing the Management Committee with specific recommendations.

We have an ESG Steering Team representing the businesses and various corporate functions through their directors, with which we shape ESG management as a high-level responsibility shared across the company. The Carbon Cycle Panel, made up of technical and scientific positions at the highest level throughout the organisation, is responsible for structuring the company's climate change commitment and ensuring related management initiatives are coordinated across all our businesses. These bodies are coordinated by the ESG department.

Three new committees or work groups have been created this year to promote the company's performance in the areas of diversity and inclusion, water management and the circular economy.

Strategy & Sustainability Committee

ESG Planning & Development Department

ESG STEERING TEAM

Carbon Cycle Department

Carbon cycle panel

Water panel

D&I Council

Circular economy team

Nomination and Compensation Committee

ACER Committee

Board of Directors

ESG Department Management Committee Approval

In fo

rm at

io n

represented on Management Committee

ESG STRUCTURE