ESG Policy

1. Introduction

At SPROUT(ED), we recognise that our business activities have significant impacts on the environment, society, and governance. We are deeply committed to conducting our business in a responsible, ethical, and sustainable manner. Our ESG (Environmental, Social, and Governance) policy is a cornerstone of our corporate strategy, guiding our efforts to minimise negative impacts and maximise positive contributions. 

2. Environmental Commitment

Climate change is one of the most pressing global challenges, and we are dedicated to mitigating its effects and promoting sustainable development. Our approach includes:

Reducing Our Environmental Footprint – We have set ambitious targets to reduce our greenhouse gas emissions and have implemented a comprehensive programme to monitor our progress. This includes investing in renewable energy, enhancing energy efficiency, and reducing waste across our operations.

Sustainable Supply Chain Management – We strive to incorporate sustainable practices throughout our supply chain. This includes implementing environmental management systems and actively engaging with suppliers to promote the use of environmentally friendly products and services.

Climate Risk Evaluation – We evaluate potential climate risks as part of our strategic decision making process, ensuring that our business decisions are informed by environmental considerations.

Continuous Monitoring and Reporting – We regularly monitor and report on our environmental performance, holding ourselves accountable to our goals and continuously seeking opportunities for improvement.

3. Social Responsibility

At SPROUT(ED), we are committed to promoting sustainable development and upholding human rights across our operations. Our social initiatives include:

Human Rights and Labour Standards – We adhere to the principles of the United Nations Global Compact and comply with all applicable laws regarding human rights and labour standards. We conduct thorough human rights due diligence in our supply chain and implement mitigation measures where necessary.

Safe and Inclusive Workplace – We provide a safe, healthy, and inclusive work environment for all employees. Our policies actively prevent discrimination and harassment, and we promote diversity and inclusion at all levels of our organisation.

Employee Development – We invest in our employees by offering continuous training and development opportunities to enhance their skills and career progression.

Community Engagement – We engage with our stakeholders and communities to understand their needs, address concerns, and ensure our business activities contribute positively to the communities where we operate. 

4. Governance Practices

Good governance is the foundation of our business integrity and long term success. Our governance commitments include:

Adherence to Best Practices – We align with the principles of the International Corporate Governance Network, ensuring clear lines of accountability and transparent decision making processes within our organisation.

Transparent Reporting – We provide regular and transparent updates to our shareholders on both financial and non financial aspects of our operations, ensuring full accountability for our ESG performance.

Board Oversight and Accountability – Our senior management is responsible for the implementation and monitoring of our ESG policies, with the Board of Directors actively involved in overseeing our ESG performance to ensure alignment with our business strategy.

Robust Compliance Programme – We maintain a strong internal audit and compliance programme to ensure adherence to our ESG policies. We also engage with external auditors and third party certifiers to validate our performance and address any issues promptly.

5. Continuous Improvement

We recognise that sustainability and responsible governance are ongoing processes. We are committed to regularly reviewing and updating our ESG policy to ensure it remains relevant and effective.  

We will continue to engage with stakeholders, gather feedback, and make necessary adjustments to our practices.

6. Conclusion

At SPROUT(ED), we are dedicated to minimising our environmental impact, upholding social responsibility, and maintaining the highest standards of governance. Our ESG policy is integral to our business strategy, guiding our efforts to create a positive and lasting impact on the world.

SPROUT(ED) 
Date: 23rd January 2024