2024 Sustainability Report
Sustainability at JG Summit Holdings, Inc.
JGSHI views sustainability as a commitment to its long-term growth, social progress, and environmental responsibility, as well as a natural consequence of sound commercial strategy and decisions. This dual approach ensures that growth and sustainability are complementary goals. By prioritizing efficient resource use, innovative solutions, and responsible governance, JGSHI can achieve long-term progress while addressing environmental and social challenges.
This integration creates value for all stakeholders and embeds sustainability into the company's operations and decision-making processes. The approach is built around five key pillars: Resource Efficiency and Circularity, Climate Action, Employee Growth and Well-Being, Shared Success, and Better Choices. Each pillar underscores the company’s efforts in fostering an inclusive and sustainable business ecosystem while addressing global challenges such as economic development, resource optimization, and climate change.


Our Sustainability Journey
We recognize increasing expectations from investors, regulators, and consumers on transparency in sustainability performance including alignment to global reporting standards. Our sustainability journey is marked by key milestones in the adoption of these global reporting standards.
In 2024, we initiated a capability-building initiative across our conglomerate to deepen our knowledge of International Financial Reporting Standards S1 and S2. This capability building initiative focused on understanding the following:
- Implementing double materiality to identify priority issues, directing our efforts toward financial, environmental, and social gains.
- Integration of sustainability and climate risks into our Enterprise Risk Management.
- Utilizing our sustainability and climate risk assessments to inform our strategic planning.
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SBU Sustainability Teams formed; Sustainability Leads Council organized across the group
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URC released its inaugural Sustainability Report


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SBU adopted five-year sustainability-integrated strategy
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RLC and CEB released their inaugural Sustainability Report


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JGSHI published its inaugural Sustainability Report aligned to SEC guidelines and GRI standards

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ERM integration of sustainability risks
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Governance and Sustainability Committee at Board Level established

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Enrichment sessions on Climate Change for CEOs and Senior Leaderships
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Initial alignment to Taskforce in Climate-related disclosures released

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JGSHI ESG Targets released
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Climate Resilience project (Climate Scenario Analysis) initiated across strategic business units

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Adoption of International Financial Reporting Standards (IFRS)
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S1 - General Requirements for Disclosure of Sustainability-related Financial Information
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S2 - Climate-related Disclosures
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Transition Roadmap Development
