The purpose of this Environmental Social Governance (ESG) Policy is to implement ESG considerations within the management and overall operations of GLAS. The policy aims to identify all opportunities to improve the performance of the organisation as measured against ESG criteria and mitigate any associated risks.
This policy shall provide a framework on how we apply ESG to how we run our business, how we engage with the communities in which we do business and how we pursue, evaluate and engage with our vendors.
This ESG Policy applies to all:
- GLAS employees across all locations,
- Contractors, third parties and affiliates that have access to GLAS documents or other materials, or who are involved in, or are working on behalf of GLAS.
- workspaces both in the office, while working from home and while travelling
3. Policy Governance
GLAS shall regularly review and develop the ESG policy and shall engage in the following:
- Providing a group-wide ESG policy in collaboration with key stakeholders
- Overseeing ESG activities within GLAS in accordance with the policy and encouraging the continuing efforts of improvement
- Working closely with reporting teams to provide current status
- Evaluating and monitoring ESG factors to assess its impact
- Preparing regular impact reports on an annual basis
Stuart Draper shall be the responsible Board member for ESG
4. ESG Focus Areas
After taking advice from Anthesis, specialist ESG consultants, the Directors have identified that the key areas in which GLAS should have an ESG policy are:
- Business Ethics
- Data Privacy & Cybersecurity
- Employee Engagement, Recruitment, and Retention
- Diversity & Inclusion