Responsible organisation 3.3 Încredere și transparență

    revenire

    Our goals

    Our progress in 2022

    As responsibility and trust become ever more valuable company assets, businesses increasingly need to communicate both credibly and transparently. We aim to improve our accountability and trust, showing how our strategy, corporate governance and results empower us to create value over the short, medium and long terms. It is to ensure that our stakeholders receive reliable information they can trust about our data and management practices that we have now implemented a set of widely accepted international standards and guidelines, including those from the Global Reporting Initiative, United Nations Global Compact, World Economic Forum, Sustainability Accounting Standards Board and Task Force on Climate-Related Financial Disclosures. 

    We have also built a comprehensive reporting and monitoring system involving key internal stakeholders across the company. We monitor our level of strategy implementation by analysing non-financial data from across the organisation, using tailor-made solutions such as our ESG application and dashboards. Non-financial data is collected on a quarterly basis, verified by a dedicated ESG controller and approved by business owners. Quarterly results are then presented to the Management Board during ESG meetings and to the Supervisory Board. 

    We use external auditors to provide independent data assurance. We also see great value in external reviews performed by independent rating agencies. International sustainability rating agency EcoVadis has positively verified our ESG-related activities, awarding us with its highest distinction, the EcoVadis Platinum Medal. This identifies us as one of the 1% of companies across the world that are successfully integrating non-financial factors into their strategies and operations. Moreover, we value the opportunity to exchange experiences with other companies, our suppliers and business partners – we want to inspire them to take ESG-related actions, are willing to share our knowledge and are open to feedback. 

    These high standards of transparency, alongside the commitments made under our Responsibility Strategy, have enabled us to gain financing based on our ESG targets. 

    Selected activities

    Share:
    This site is registered on wpml.org as a development site.