The Board of Directors is responsible for determining NOBA’s strategy and the CEO is responsible for determining whether the development and implementation are aligned with the strategy adopted by the Board of Directors. NOBA has an ESG Committee, whose role is to be the decision-making body for strategic direction and operational initiatives. The ESG Committee is chaired by the CEO and also includes several members of the management team. The CEO delegates operational responsibility to the Head of Communication & ESG. Regulatory developments are monitored in cooperation with NOBA’s Legal and Compliance functions.
Before the Board meeting held in April each year, the CFO or the CEO presents the Sustainability Statement to the Board of Directors. The CFO is also responsible for reviewing and approving the Taxonomy Report before its inclusion in the Sustainability Statement.