Senior management is responsible for strategic management in the implementation of ESG
objectives: it defines the actions to be taken and designates those responsible for carrying them out.
The Board of Directors and its supporting committees (Audit Committee and/or Sustainability
Committee) must guide, oversee and control the organization’s approach to sustainability.
It is key to ensure that ESG risks are integrated into the strategy, culture, risk appetite framework,
models and Internal Audit reviews. Policies for variable compensation (e.g., bonuses) are increasingly linked to the achievement of ESG objectives.