Improving Governance

At GenScript, we uphold integrity, compliance and high ethical standards. We integrate ESG into our top-level planning and enhance our corporate governance structure to reinforce risk management and solidify the foundation for our sustainable development.

ESG Governance ESG Governance 1
Business Ethics Business Ethics 2
Information Security Information Security 3
Risk Management Risk Management 4

The Board of Directors (Board) is ultimately responsible for the management of ESG issues and information disclosure. We have the Risk Management and ESG Committee in place, which is responsible for developing the ESG vision, targets, strategies and policies and overseeing the implementation of ESG initiatives.

ESG Management Level
Board of Directors
  • All Board members (comprising four executive Directors, three non-executive directors, and six independent non-executive directors)
  • Be ultimately responsible for management of ESG matters and information disclosure;
  • Identify ESG-related risks and opportunities;
  • Review and approve ESG information disclosure
Risk Management and ESG Committee
  • One executive director and two independent non-executive directors
  • Develop our ESG vision, targets, strategy and policies;
  • Oversee the implementation of the ESG strategy and progress towards ESG targets;
  • Review ESG-related policies, regulations, standards, trends, and requests of stakeholder
ESG Working Team
  • Chaired by Rotating Chief Executive Officer and Chief Financial Officer
  • Composed of heads of ESG-related departments
  • Composed of heads of ESG-related departments
  • Provide advice on ESG material issues and priorities;
  • Coordinate resources to drive ESG performance;
  • Work with ESG-related departments to develop action plans based on ESG targets, and follow up on the implementation;
  • Regularly report ESG matters to the Risk Management and ESG Committee
ESG-related departments
  • Composed of designated ESG owners from departments related to material ESG issues
  • Implement the ESG strategy and action plans;
  • Regularly provide progress updates on ESG initiatives to the ESG Working Team;
  • Provide advice on ESG improvement based on their expertise and experience

ESG Governance Structure

We conduct our business guided by high standards of business ethics and integrity. We comply with applicable laws and regulations of the countries and regions where we operate and proactively work against corruption and unfair competition.

  • We have developed and implemented policies on business ethics, including the Business Conduct Guidelines, the Anti-corruption Management Measures, and the Avoidance of Conflicts of Interest & Anti-Fraud Policy.
  • The Anti-Commercial Bribery Committee under the Compliance Management Committee serves as the executive body that oversees business ethics and addresses corruption and commercial bribery issues within the Group.
  • We provide anti-corruption training for all employees and directors.
  • We require all employees to sign the commitment letter under the Business Conduct Guidelines and require all suppliers to sign the Integrity Undertaking to prevent any corruption.
  • We have multiple channels for speaking up and whistleblowing, and encourage all stakeholders to report corruption, fraud or other violations.

Learn more about reporting channels >>

Information security and privacy protection lay the foundation for corporate compliance and operations. We strictly comply with applicable laws and regulations of countries or regions where we operate, and take security measures to prevent data breaches and protect customer privacy. All our operational sites have been certified to ISO 27001 Information Security Management System.

We have “Three Lines of Defense” in place to effectively identify, assess and manage risks. We create a risk management culture by providing risk management training for the management and employees.

1st line
2nd line
3rd line

All business units and functions

Identify, assess, manage, monitor and report risks arising from business departments

Risk management functions and Risk Management and ESG Committee

Coordinate the development of risk management policies, provide expertise, monitor the 1st line, and offer improvement advice

Internal audit team and Audit Committee

Give an independent and objective assurance, and review the established risk management processes, procedures and activities