Sustainability Strategy
Sustainability Pillars
Social
Sustainability
We focus on the well-being of people and communities. This involves promoting fair labor practices, ensuring health and safety in the workplace, fostering diversity and inclusion, supporting local communities, and contributing to the overall welfare of society.
Environmental
Sustainability
This pillar pertains to the impact of human activities on the natural environment. This involves initiatives aimed at reducing carbon emissions, conserving resources, minimizing waste, promoting renewable energy, and adopting eco-friendly practices to mitigate ecological impact and address climate change.
Economic
Sustainability
We emphasize on the long-term viability of economic systems by fostering economic prosperity, creating jobs, generating economic value in a responsible manner, and ensuring financial stability for both the organization and the communities in which we operate.
We proudly declare our commitment towards
a NET ZERO future.
2050
NET Zero Emission
Scope 1, 2 & 3
A Corporate Social Responsibility (CSR) statement is a public declaration of a company's commitment to social and environmental responsibility. At EWIG, we are committed to being a responsible corporate organization and making a positive impact on society and the environment. We believe that our success is closely linked to the well-being of the communities where we operate, and we strive to contribute to their growth and development.
Our CSR initiatives focus on three key areas: social welfare, environmental sustainability, and ethical governance. We work with local partners and stakeholders to identify the most pressing needs in each community and develop programs that address those needs in a sustainable and impactful way.
In the area of social welfare, we prioritize initiatives that support education, health, and poverty alleviation. We support programs that help individuals and families overcome financial hardship and build resilience.
In terms of environmental sustainability, we are committed to reducing our carbon footprint and promoting sustainable practices throughout our operations. We invest in renewable energy and energy efficiency initiatives, and we work to minimize waste and promote recycling and responsible resource use.
Finally, we prioritize ethical cooperate governance and transparency in all our business practices. We are committed to upholding the highest standards of integrity and ethical behavior, and we regularly engage with our stakeholders to ensure that our operations align with their expectations and needs.
At EWIG, we believe that CSR is not just a box to tick, but a fundamental part of our business strategy. We are committed to continuous improvement and creating a positive impact on the world around us.
Governance & Policies
Principals
EWIG has adopted a two-tiered governance structure consisting of an Executive Board and Committees. Governance is based on a strict separation of management functions fulfilled by the Executive Board and oversight functions performed by the Committees. EWIG governance relies on rigid, clearly-defined rules and absolute trust between the Executive Board and its Committees.
EWIG’s Corporate
Governance Principles and Values are founded on:
Accountability
Responsibility
Transparency
Fairness
Trust
Governance & Policies
Risk
Committee
The Executive Board of Directors commissions the Risk Committee with an underlying task of assisting the Board in its oversight of maintaining a dynamic approach to risk management; having particular emphasis on:
- Evaluating & Recommending EWIG's Risk Exposure & Tolerance
- Risk Profile
- Integrating Risk Policies & Procedures
- Risk Governance Structure
- Risk Operational Deficiencies
- Investment & Financial Risk Limits
- Effectiveness of EWIG’s Risk Management Framework in Supporting the Group
The Committee's extensive skills and experience contribute to considering how EWIG manages Group risk. Each member shall be entitled to rely on the consistency, accuracy and totality of information provided to the Committee.
Governance & Policies
Investment
Committee
The Investment Committee is responsible for managing the existing investment portfolio, vetting new investment opportunities, and contributing to business and investment planning.
The Investment Committee is tasked with the following responsibilities:
- Investment team oversight
- Establish guiding principles for investment activities
- Endorse investment strategy
- Endorse new investment opportunities
- Monitor & manage investment portfolio
- Endorse divestiture strategies of existing investments
- Endorse financing instruments
- Measure and prepare portfolio reviews, divestiture reviews, and forthcoming investment strategies for the purpose of delivering reports and budgets
