ESG Policy Statement

At Servicon, we are deeply committed to conducting our operations with a steadfast dedication to Environmental, Social, and Governance (ESG) principles. These principles are about caring, taking responsibility for our decisions and actions, and being accountable and transparent about our social and environmental impact and outcomes. We recognize that our responsibilities extend beyond financial performance and that our long-term success is intricately linked to the following:

• Treating people within our organization and the people we serve with respect and care
• Engaging in relationships with our clients and communities to promote their success
• Impacting the environment in a positive and responsible manner
• Implementing the ethical governance of our organization

Our ESG commitment is aligned with the company’s mission, vision, and values, which lie at the heart of everything we do. This approach embeds our longstanding ethos and practice of “doing well by doing right” across all layers of the organization and into every decision we make.

Environmental Stewardship:

1. Resource Conservation:
   • We are committed to minimizing our environmental footprint by optimizing resource use, reducing waste, and adopting sustainable practices in our operations.
2. Renewable Energy:
   • We will actively explore and integrate renewable energy sources to power our operations wherever feasible, contributing to a cleaner and more sustainable future.
3. Eco-Friendly Practices:
   • We prioritize the use of eco-friendly materials, products, and processes in our business activities, promoting a culture of environmental responsibility.

Social Responsibility:

1. Employee Well-Being:
   • We value the well-being of our employees by providing a safe and healthy work environment, fostering work-life balance, and offering opportunities for professional development.
   • We are committed to continually elevating the employee experience. Understanding our workforce and their specific needs is an integral part of what we do and our success. We are dedicated to keeping our employees engaged and motivated, recognizing their efforts and contributions at every opportunity.
2. Diversity, Equity, Inclusion and Belonging:
   • We value diversity in our workforce and are committed to fostering an inclusive and equitable workplace where every individual is respected and feels like they belong.
   • We are committed to fostering an inclusive business environment and recognize the value of a diverse supplier base. We seek opportunities to partner with diverse suppliers to elevate their success.
3. Community Engagement:
   • We actively engage with and support the communities in which we operate, recognizing our responsibility to contribute positively to local social and economic development.

Business Ethics and Governance:

1. Ethical Conduct and Fair Treatment:
   • We uphold the highest standards of integrity, honesty, and ethical conduct in all our business dealings and expect the same from our employees, partners, and stakeholders.
   • We ensure fair treatment of all stakeholders, including employees, clients, suppliers, business partners and shareholders, in our decision-making processes and day-to-day operations.
2. Transparency and Accountability:
   • We are committed to transparent communication with our stakeholders, providing accurate and timely information about our ESG performance and initiatives. We hold ourselves accountable for our actions and our social and environmental impact.
   • Although not required to do so, we have elected to transparently report on our ESG performance. To the extent possible, we aim to follow established reporting frameworks and intend to seek external verification where applicable.

Compliance:

1. Legal and Regulatory Compliance:
   • We commit to complying with all relevant laws and regulations related to environmental protection, safety and labor practices, financial controls, and ethical business conduct.
   • We provide education and training to ensure all employees at all levels of the organization understand and comply with the relevant laws and regulations.

Continuous Improvement: 

1. ESG Integration:
   • We will continually integrate ESG considerations into our strategic planning, decision-making processes, and day-to-day operations.
2. Stakeholder Engagement:
   • We actively seek and consider feedback from our stakeholders, understanding that their perspectives are invaluable in shaping our ESG initiatives and that successful ESG impact is dependent on a collective effort.
3. Setting Targets and Evaluating Performance:
   • We will set measurable ESG targets and regularly review our progress, aiming for continuous improvement in our sustainability and responsible business practices.
   • We will course correct when necessary and adapt and innovate to meet our goals.

Our commitment to our ESG Policy is a collaborative and collective effort. We expect Servicon leaders to set the example for employees to embrace our ESG principles and efforts.

At Servicon, our ESG Policy is not just a set of guidelines; it reflects our values, our responsibility to our stakeholders and future generations, and our commitment to creating a positive impact on the world.

This policy statement is endorsed by Servicon’s executive leadership.

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