Annual Report 2019

Environmental, Social and Governance Report Miramar Group believes that a sustainable business provides not only financial returns to investors, but also sustainable growth to stakeholders and community we serve. The Group has continued its commitment as a responsible corporate citizen by active engagement in environmental, social and livelihood issues. Our Governance The Board of Directors (the “Board”) has overall responsibility for the Group’s Environmental, Social and Governance (“ESG”) strategy and reporting, including determining and evaluating ESG-related risks, and ensuring that appropriate and effective ESG risk management and internal control systems are in place. As described below, assessment of ESG-related risks, such as compliance, health and safety, human resource and environment, have been embedded into our risk management processes which include risk identification, risk assessment, risk treatment, monitoring and review processes. The result of the overall ESG performance and ESG- related risk assessment would be at least annually reported to the Board for review to ensure that the Group’s ESG strategy and goals are achieved. For details of the risk management system, please refer to the Section of “Risk Management and Internal Control” in pages 58 to 67. FOSTERING A BETTER WORLD Environmental, Social and Governance Report Miramar Hotel and Investment Company, Limited Annual Report 2019 027