Reducing The Carbon Footprint

 

 

erda pledges to make significant efforts to cut carbon emissions and become more sustainable.

Running a profitable business is hard. Running a profitable business that is carbon accountable is even harder. For any business operation, reducing greenhouse gas emissions benefits the bottom line because efficient practices reduce operating costs, promote environmental conservation, ensure overall well-being and advocate green consumerism.

We undertake some steps and will continue to do so to reducing carbon footprint in our business model.

  1. Integrating sustainability criteria into procurement processes during our supply chain - we take a strategic approach for a procurement process by embedding sustainability into a company's culture.

We do this by:

  1. By understanding regulations that affect our organisation and standards that we need to adhere to in order to meet those regulations. We put efforts to understand the areas of our business model is affected by these efforts and ways to remain compliant.

  2. We have a code of conduct that needs to align our corporate strategy and legislative requirements. These codes are used to assess our suppliers and vendors. We ensure supplier attestation is mandated in the supplier selection process. Live compliance statistics are recorded.

  3. We maintain and monitor cross-business compliance requirements such as risk, legal, sustainability, health and safety, and information security.

  4. The assessed information is used to identify non-compliances and communicate them to the relevant business areas and suppliers. We develop performance metrics and embed sustainability in supplier selection and review processes. The driver for this is to ensure the supplier’s ability to deliver services to us, for example having the correct certification in place. Alternatively we request further information from particularly high-risk suppliers. The chosen solution enables us to store this information against all of our supplier records, so that it can be accessed across the organisation. If it does not align, we look at ways to ensure that the key information from supplier responses is made available either through integration or internal processes.

  5. We create a deeper supplier review or audit process that links further assessment to the review processes. High-risk or poor-performing suppliers require deeper assessments or audits. This is also creates an opportunity for us to work through improvement plans with our suppliers.

  1. Working on joint projects to reduce carbon emissions;

  2. Collecting data on suppliers' carbon emissions;

  3. Selecting suppliers based on their carbon emissions;

  4. Promoting the circular economy in procurement strategies;

  5. Implementing performance-related incentives for suppliers.