The board of directors of Allied Sustainability and Environmental Consultants Group Limited announced that on February 16, 2022, the Board has resolved to establish a responsible investment committee. The purpose of the Committee is to exercise delegated authority from the Board, to handle any issues (including risks and returns) or affairs related to responsible investment (RI) of the Company. The Committee will also review RI performance from time to time and make recommendation to the Board on how the Company's Funds are to be used.

The Committee shall be chaired by an executive Director and comprise of a minimum of four members from amongst the Directors and senior management of the Company. Additional members may be appointed by the Board from time to time. As at the date of this announcement, the Committee comprises four members, namely Wu Dennis Pak Kit (an executive Director and the vice-chairman of the Board), as the chairman of the Committee, Kwok May Han Grace (an executive Director and the chairman of the Board), Li Wing Sum Steven and Szeto Chi Hang Clive (each an independent non-executive Director) as the members of the Committee.