ESG Policy
At SPROUT(ED), we understand that our business activities have an impact on the environment and society, and we are committed to conducting our business in a responsible and sustainable manner.
We believe that it is our responsibility to actively manage the environmental, social and governance risks and opportunities that may impact our operations and reputation.
Environmental
Climate change is one of the most significant global challenges and we recognise the urgent need to mitigate its impacts and promote sustainable development. We are committed to reducing our environmental footprint and promoting sustainable practices throughout our operations.
To achieve this, we have set ambitious targets to reduce our greenhouse gas emissions, and have implemented a comprehensive program to track and monitor our progress in meeting these targets. We also evaluate the potential climate risks in our strategic decision-making process, and invest in renewable energy and energy efficiency projects to reduce our carbon footprint.
We also strive to incorporate sustainable practices into our supply chain management and continuously monitor and report on our environmental performance. This includes implementing environmental management systems and obtaining certifications such as ISO 14001. We also engage with our suppliers to promote sustainable practices and encourage the use of environmentally-friendly products and services.
Social
We are committed to promoting sustainable development and protecting human rights throughout our operations. We believe that it is our responsibility to ensure that our business activities do not negatively impact the communities in which we operate and the people that we work with.
To achieve this, we adhere to the principles of the United Nations Global Compact and comply with all applicable laws and regulations regarding human rights and labor standards. We also conduct human rights due diligence in our supply chain management, including conducting assessments of potential risks and implementing mitigation measures.
We provide a safe and healthy work environment for our employees, promote diversity and inclusion in our workforce and implement policies to prevent discrimination and harassment. We also provide training and development opportunities for our employees to enhance their skills and abilities.
We continuously monitor and report on our social performance, and engage with our stakeholders and communities to understand their needs and concerns and address any issues that may arise.
Governance
We are committed to maintaining the highest standards of corporate governance, and to being transparent and accountable in our decision-making processes. We believe that good governance is essential to protect the interests of our shareholders and stakeholders and to ensure the long-term success of our business.
To achieve this, we adhere to the principles of the International Corporate Governance Network and establish clear lines of accountability and communication within our organisation. We also provide our shareholders with regular and transparent information about our operations and performance through regular financial and non-financial reporting. Our senior management is held accountable for the implementation and monitoring of our ESG policies, ensuring that they align with our overall business strategy. We also ensure that our Board of Directors is aware of and involved in the oversight of our ESG performance.
We have established a robust internal audit and compliance program to ensure that our ESG policies and procedures are being adhered to and that any issues or concerns are identified and addressed in a timely manner. We also engage with external auditors and third-party certifiers to verify and validate our ESG performance.
We understand that our ESG performance is an ongoing process, and we are committed to continuously improving our practices and policies. We will regularly review and update our ESG policy to ensure that it remains current and relevant to our business. We will also engage with our stakeholders and shareholders to gather feedback and insights on our ESG performance and make any necessary adjustments.
In summary, at SPROUT(ED), we recognise that our business activities have an impact on the environment and society, and we are committed to minimising any negative impacts and maximising any positive contributions we can make through our environmental, social and governance practices. Our ESG policy is an integral part of our overall business strategy and we are committed to achieving the highest standards in this area.
