Our holistic approach to Sustainability
As the objectives in our 2030 Sustainability plan reflect, progress in one area relies on the success of others. To illustrate how co-dependent each of the various KPIs are, employee engagement, supplier collaboration, ethical practices, cybersecurity, and diversity all play integral roles in achieving emission reduction targets. Another compelling example is the connection between our goal of reducing annual PG&S spend and our emission reduction objectives within the broader context of ESG. By striving to lower our costs, we can also minimise our environmental impact.
In pursuing cost reductions, we actively promote sustainable procurement practices, which not only help us achieve our financial goals but also enable us to meet the requirements outlined in The Transparency Act and Modern Slavery Act. Through these efforts, we ensure that our suppliers uphold ethical practices, maintain high labor standards, and operate transparently. By integrating these sustainability measures into all of our processes, we can demonstrate our commitment to responsible and sustainable business practices across all ESG pillars.
A compelling case in point is our IT Recycling Project. Launched in 2023, this initiative highlights how a holistic approach to sustainability yields significant environmental and financial benefits. By responsibly recycling outdated and unused IT equipment, we managed to reduce our carbon footprint by approximately 22,000 kg of CO2.
Moreover, our focus on employee engagement has significantly contributed to our sustainability goals. For instance, the dedicated efforts of our employees to reduce emissions related to commuting resulted in a remarkable 29.29% decrease in 2023 compared to the previous year. This decrease underscores the power of engaged employees who are aware of the impact they can make and are committed to taking action. By promoting sustainable commuting options and raising awareness about the environmental impact of daily transportation choices, we have successfully reduced our overall carbon footprint as a company.
These examples perfectly illustrates how interconnected our sustainability goals are. Our IT Recycling Project and commuting initiative are testaments to the fact that sustainability efforts can drive tangible benefits across all areas of our business, reinforcing our commitment to a holistic approach to ESG.
By integrating these diverse sustainability measures into our operations, EcoOnline exemplifies how comprehensive and interconnected efforts can lead to substantial progress. Our approach ensures that we not only meet our ambitious sustainability targets but also foster a culture of responsibility, transparency, and continuous improvement, ultimately making a significant impact on both our business and the environment.
For more information, please contact:
Helene Melby Brodersen
Head of ESG & Sustainability
+47 92 62 13 14
helene.melby.brodersen@ecoonline.com
Protecting People and the Environment