At SmartCore Digital, we recognize the importance of integrating Environmental, Social, and Governance (ESG) principles into our operations and strategy. We are committed to creating long-term value for our stakeholders, while minimizing our impact on the environment, supporting social wellbeing, and upholding high standards of corporate governance. In this report, we share our progress on ESG initiatives and highlight some key achievements in each area.
Environmental
Energy Efficiency: We implemented energy-saving measures in our office, including LED lighting, energy-efficient equipment, and a company-wide policy to power down electronics when not in use. These efforts have resulted in a 15% reduction in energy consumption compared to last year.Waste Reduction: We introduced a recycling program, eliminated single-use plastics from our office, and encouraged employees to use reusable items. As a result, we have reduced our waste output by 20% in the past year.
Carbon Footprint: Our commitment to remote work and video conferencing has significantly reduced the need for business travel, leading to a 30% reduction in our carbon emissions from transportation.
Social
Diversity and Inclusion: We introduced a comprehensive diversity and inclusion program, including unconscious bias training and an updated hiring process to promote diversity. Our workforce now comprises 40% women, with a 50% increase in underrepresented minorities over the past year.Employee Wellbeing: We launched a flexible work policy and mental health support program to promote work-life balance and employee wellbeing. As a result, employee satisfaction has increased by 25%, and staff retention has improved by 20%.
Community Engagement: Our team volunteered over 72 hours in local community projects and supported Hulu Langat flood victim by cleaning their houses and collect and deliver basic necessity donated by the public
Governance
Transparency: We have implemented a new whistleblower policy and anonymous reporting system to encourage employees to report unethical behavior without fear of retaliation.ESG Performance Measurement: We have established clear ESG performance metrics and targets, with regular progress updates provided to the board of directors.
We are proud of the progress we have made in integrating ESG principles into our operations and culture at SmartCore Digital. However, we recognize that there is always more to be done. We are committed to continuous improvement and will keep our stakeholders informed of our ongoing efforts to make a positive impact on the environment, our people, and the communities we serve.For more information about our ESG initiatives or to provide feedback, please contact us at salam@smartcore.group