Sustainability governance

Our sustainability strategy is embedded in our business model and governance structure.

The Sustainability Steering Committee (SSC) is responsible for overseeing the strategic direction and the delivery of the work from the Sustainability Strategic Priorities and Risk Management and is accountable to the Sonae Sierra Executive Committee. It is chaired by our CEO and includes among its members the Directors responsible for each Sonae Sierra business unit, as well as key corporate functions.

The SSC oversees and validates the adoption of long-term objectives, annual targets and KPI that evidence the shared value created for each specific Strategic Priority and Risk Management, proposed by the respective responsible person.

  • Responsibility for the Future-proof the lived environment rests with the Head of Sustainability. The initiatives related to community engagement are under this strategic priority and are coordinated by the Head of Marketing;
  • Responsibility for the Safe, healthy & engaged workforce rests with the Director of Human Resources;
  • Risk Management is overseen by the Director of Finance, Control, BO & IS.

The Sustainability Office is responsible for the day to day SSC operation and provides support to the other areas when required in the form of guidance and coaching, drawing from the expertise of the Office personnel.

  • Developments Developments
  • Investment Management Investment Management
  • Property Management Property Management
  • Development<br>Services Development
    Services
  • Corporate<br>Centre Corporate
    Centre

Risk Management

Effective risk management underpins both our business and sustainability strategy by ensuring that risks associated with all our business activities are identified, managed and controlled.

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