We conduct our business with the smallest possible impact on the environment.

We conduct our business in a way that has the smallest possible impact on the environment, leads to achievement of social goals and protects human rights. We are making transparent choices about how, where and with whom we do business. We support projects related to clean energy, protection of the environment and positive development of communities. We do not provide services to parties that perform activities or have direct involvement in certain industries or activities having a clear negative impact on the environment or society.

 

In order to reach these goals we have developed our own Environmental, Social and Governance (ESG) framework, which is built on the basis of our core values together with globally accepted standards such as the Global Compact, the Equator principles and UN Sustainable Development Goals. By implementing our ESG framework, we aim to:

 

  • Facilitate safe and global trade in a responsible and sustainable manner.
  • Align our global organization on the treatment of ESG risks and decision-making process.
  • Identify ESG risks which are posed by the activities of current and potential clients.
  • Determine whether there are mechanisms in place to mitigate such risks.
  • Support our clients to seek continuous improvement in their ESG practices.
  • Refuse to enter or maintain a business relationship with clients who pose an unacceptably high level of ESG risk.
  • Live up to our reputation as a sustainable corporate services provider.
  • Not only mitigate our negative impact but create opportunities for sustainable growth.
  • Take measures, outside of daily activities and core business, which will directly or indirectly contribute towards addressing ESG problems.

 

As our clients often have a far greater influence on ESG matters due to the nature of their activities than us, our ESG policy is primarily targeted at our role as corporate services provider in the chain. However, we also have an internal ESG focus. Our own environmental sustainability objectives are:

 

  • Reduction of electricity consumption.
  • Reduction of waste and increase of recycling.
  • Regular measure and evaluation of our own carbon emissions.
  • Minimise intensive air travel.

 

We have reached carbon neutrality, reducing the emission we generate while increasing the amount we eliminate, protecting our staff, our clients and the planet. The initiatives we are supporting involve cooking on biogas in Kenya and Latin America improving local families’ health, installing home water filters in Laos providing clean water access to all the communities, wind power projects in Turkey or India, and reforestation projects.

 

Our ESG framework is integrated into every element of our business conduct and will be revised from time to time to reflect our risk appetite and organizational or regulatory changes.

ESG

Since 2022, Corpag has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment, and anti-corruption