Tronox Reorganizes Board Committee Structure to Enhance ESG Oversight
Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, announced that its Board of Directors had reorganized its committee structure to enhance the Board’s oversight over environment, sustainability and governance (“ESG”). Under the new structure, the Governance Committee will become the Governance and Sustainability Committee with a restated committee charter that will require management to regularly report on its progress on key ESG initiatives. The enhanced Board oversight comes on top of other significant ESG-related improvements made by Tronox, including the announcement in its most recent Sustainability Report of a detailed plan to align with a global warming scenario below 2° C and achieve net zero GHG emissions by 2050; inclusion of carbon emission reduction targets in its executive compensation programs; and a commitment to be fully compliant with applicable TCFD and SASB disclosure standards when it releases its 2021 sustainability report.