Governance Structure
Governance Structure
We consider our shareholders as our highest authority. All business is carried out under the management and supervision of the Board of Directors under the leadership of the chairman. At present, the company has no CEO position. All general business planning and interdepartmental coordination is undertaken by the General Manager in line with market conditions and existing competition.
Organization Chart
Responsible Unit for Sustainable Affairs:
Total Ethical Management Committee (TEM Committee)
Regularly Review ESG Strategy and Performance
The Total Ethical Management Committee is the highest ESG promotion unit in Sinyi Realty, it is convened by Chairman and Directors, with the members drawn from senior management.
Function and Authority
- Coordinate the company’s sustainable development direction and set relevant goals.
- Report to the Board on Environmental, Social and Governance (ESG) performance and future strategic goals at the end of each year.
- Collect and collate stakeholder views and identifying/managing ESG impacts, risks, and opportunities.
- Hold ESG performance and goal fulfillment reviews every half year.
- Compile CS reports and provide it to the Board for review and issuance.
- Assist in conducting dialogues with Stakeholders.
- Core of Sinyi Group sustainable development.
- Resolve major risks and risk owners in order to control and supervise risk. The person in charge of risk will be senior management who is responsible for identifying risk issues, discussing then, and undertaking management objectives with the risk management executive unit in order to strengthen overall risk management and follow-up supervision of cross-business and cross-department communication, so that resources can be more effectively used for overall management.
Cross-Business ESG Promotion Committee
The Cross-Business ESG Promotion Committee is composed of representatives from the Group’s four major business units (real estate brokerage, first-hand new house agency, real estate development, and leisure and tourism) and ESG professionals, convened by the Corporate Sustainability Office. Meetings are held quarterly. It undertakes the guidance and resolutions of the Board of Directors, the Corporate Ethics and Sustainable Development Committee, and the TEM Committee, promoting and implementing relevant work, and serving as a platform for communication and integration of ESG promotion across business units. It comprehensively oversees the Group’s cross-industry sustainable development direction, strategies, and goals, regularly reporting on sustainability plans and results to the aforementioned committees, with the Board of Directors supervising performance and goal attainment.
Operations of the Committee
Committee Functional Working Group
Under the Cross-Business ESG Promotion Committee, we set up functional working groups (Environment, Social Inclusion, Corporate Governance, and Supply Chain Management Group). The manager of responsible departments takes up leader of each working group, and implements the sustainable projects approved by the Board of Directors, Business Ethics and Sustainable Development Committee, and the TEM Committee. Each group will hold meetings or carry out projects irregularly according to different topics.
Membership of Associations and Initiatives
To help share our knowledge, information, experience, and best practices more effectively, we are active participants in associations, aiming to leverage our influence in the industry through cooperative efforts with influential organizations to lead the industry to new, higher standards.
At the same time, we actively participates in external initiatives, responds to international standards, and strives for environmental, social and economic efforts through more interactions to jointly implement sustainable development.
List of membership of associations and initiatives