Page 110 - Vaculug Sustainable Report 2022

1. ABOUT THIS POLICY
1.1 Environmental, social and governance issues
do not exist in a silo. Vaculug is passionate about bringing them together under one banner to demonstrate the positive impact our business is having on the world. ESG is much like corporate social responsibility but on a vastly larger and
more measurable scale. Companies who are at
the forefront of talking about their ESG scores are generating more attention from across the business spectrum, and investors are actively looking for high ESG scoring companies.
1.2 This policy will inform our ESG efforts moving forward. This includes, but is not limited to reporting, disclosures (both material and non- material), business practices, policies, procedures, investments, board activities, stakeholder engagement, and investor relations.
1.3 Nothing in this policy shall be taken or understood to limit or reduce our current committees, both legally and ethically.
2.PURPOSE OF THIS POLICY
2.1 The purpose of this policy is to provide information about Vaculug’s ESG (Environmental, Social and Governance factors) and to encourage the business to understand ESG better.
2.2. This policy has been implemented across the whole company.
2.3 This policy does not form part of any contract of employment or other contract to provide services, and we may amend it at any time.
3.WHO IS RESPONSIBLE FOR THIS POLICY?
3.1 The Vaculug Directors and senior management team has overall responsibility for the effective operation of this policy. 3.2 Line managers have day-to-day responsibility for this policy and you should refer any questions about this policy to them in the first instance. 3.3 This policy is reviewed annually by the directors and senior management team. Changes may be made at any time as government guidance develops.
4.OUR ESG COMMITMENT
4.1 We strive to build sustainable, equitable, healthy, and diverse communities through a combination
of innovative business practises and exemplary environmental, social and governance (ESG) performance. This commitment informs every aspect of our business, including how we design and build new projects, operate our company, collaborate with stakeholders and report progress.
4.2 This ESG Policy sets out our approach to sustainability matters. At the heart of the Policy is a corporate culture that has sustainability at the core of all our business operations and values.
5.OUR STATEMENT ON CLIMATE CHANGE AND THE ENVIRONMENT
5.1 Vaculug are committed to driving down our energy and carbon impacts, as we believe that climate change is one of the greatest risks to our world. Our sustainability program is committed to environmentally sustainable initiatives that deliver near-term efficiency, value, and health for our business, our people, and the wider community.
5.2 We encourage our customers to reduce their impact on the environment by recommending the use of more sustainable materials. We actively promote a paper-free office. We regularly support our clients to avoid printing and we will make all endeavours to be a digital-first business.
5.3 We seek to comply with current environmental legislation and work to minimise the impact of our activities on the environment.
5.4 We support the recommendations of the Taskforce on Climate-related Disclosure (TCFD)
and engage with our stakeholders and encourage enhanced disclosure on climate change, biodiversity, and the SDGs, including efforts to advance the underlying goals, such as those of the Paris Agreement.
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