eKomoditi Southeast Asia has built its reputation on being there for our clients, customers, and communities. The events of 2020 —the global COVID-19 pandemic and the increasingly visible effects of climate change— underscore why understanding, anticipating, and effectively managing environmental, social, and governance (ESG) matters is critical to delivering on our mission to serve our clients, customers, and communities. Now, more than ever, a strong focus on ESG is a business imperative — and a key driver of long-term business success.
At eKomoditi, ESG matters are an important consideration in how we do business, including our corporate governance systems, risk management and controls, human capital management, approach to serving clients and customers, support for local communities, and management of our physical operations. We recognize the potential for ESG-related risks, which we work to identify and manage just as we manage risk in all areas of our business. Equally important, we believe companies like ours have an obligation to put their businesses to work for all of their stakeholders. For our firm, this means we are leveraging our business and policy expertise, data, capital, and global presence to help drive an inclusive recovery, expand access to economic opportunity, and accelerate sustainability and climate solutions.
Our Key Environmental, Social, and Governance Topics
eKomoditi manages a broad range of ESG topics across our global business and operations. We assess and identify new or emerging ESG issues that could impact or be impacted by our firm on an ongoing basis. This includes discussions with subject matter experts from across our business and analysis of feedback we receive through our regular engagement with stakeholders. We also monitor ESG trends and policy developments, disclosure standards, and industry best practices.
The following are the ESG topics we have identified as the most relevant to our business and of greatest interest to our stakeholders:
- Developing solutions that drive action on climate change and generate other positive environmental impacts, related to sustainability and traceability in palm oil plantation business processes
- Partnering with organizations to advance sustainability and traceability development
- Acting in the best interest of our customers
- Addressing human rights-related risks
- Developing financial solutions that improve quality of life and generate other positive social impacts
- Expanding economic opportunity in the communities where we do business
- Investing in our human capital
- Promoting diversity, equity and inclusion
- Strengthening consumer financial health
- Participating in smallholders empowering and public policy
- Cultivating a strong risk and control environment
- Fostering a culture of transparency and ethical behavior
- Maintaining effective Board leadership and management processes
- Safeguarding privacy and cybersecurity
Our firm has a broad range of stakeholders, including customers and clients, employees, members of the communities we serve, regulators and policymakers, research analysts, shareholders and suppliers. We engage with these groups on an ongoing basis to gain insight into their needs and perspectives, as well as to share information about our firm’s strategy, practices and performance. Responsibility for engaging with stakeholder groups is widely shared across our firm’s lines of business and corporate functions, and we engage through numerous channels.