Our Commitment to Corporate Social Responsibility, Sustainability, & Efficiency
Environment Health & Safety — Initiatives Taken
As a firm, we continued our tradition of fiscal conservatism and exited the year with just under USD 100 mm in cash. Our financial prudence remains a great comfort for our clients, as we ensure that we can comfortably withstand unforeseen business circumstances, as adeptly demonstrated during the COVID-19 crisis.
COVID-19 impacted our CSR partners significantly over the year, leading to the closure of schools and workplaces and less funding from sponsors. Our partners showed remarkable resilience in the face of these obstacles by innovating digital channels for training to ensure children continued to be supported. We worked to help in new ways and volunteered over 5,000 hours online. Together, we helped over 20,000 vulnerable individuals through our efforts. At Personiv, we engaged across fifteen community service projects, including installing solar panels at six institutions, delivering computers to ten schools, and providing many ration kits and first aid boxes. We also redoubled our commitment to sustainability. This was aided by the reduction in travel and office use, resulting in a substantial decrease in electricity, water, and materials consumption. With sustained work from home (and the addition of Personiv), we had an opportunity to rationalize our office footprint across the globe, allowing for overall reductions.
Discontinuation of plastic bottles and switch to glass bottles across all locations throughout cafeterias, meeting rooms, and client areas.
Installation of technologically advanced hand dryers with minimal decibel levels to conserve energy and reduce queuing time.
Use of motion sensing light controls in washrooms, meeting rooms, and client areas to conserve energy.
Use of bio blocks to conserve water and curb the use of harmful chemicals during washroom cleaning.
Installation of automated foam dispensers which facilitate water conservation and provide better hygiene standards
Conversion of all manual taps to aerator- equipped censor taps in cafeterias, washrooms, and client areas to conserve water.
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