OAKPONT

Environmental Responsibility

Sustainable Procurement Policy

Oakpont Environmental Responsibility

Corporate social responsibility is entwined in Oakpont’s DNA because our people believe deeply in making the world a better place.
Oakpont is committed to the environment and reducing the footprint of our business operations by:
1. Identifying, measuring and offsetting the environmental impact of our operations
  • We pursue higher-than-required standards and offset all of our emissions, ranging from client travel to electricity usage and waste generation.
2. Reducing our impact on the environment through local operations initiatives
  • Oakpont teams work to reduce our carbon footprint, where possible, and promote sustainable consumption.
  • We are dedicated to reducing energy consumption and waste generation as a result of our business operations, by implementing recyclable materials in our offices whenever possible.
3. Seeking to minimise pollution and use natural resources sustainably
  • We strive for sustainable usage of natural resources like air, water and land, while ensuring minimal impact on the quality of these resources.
4. Maintaining full compliance with applicable environmental laws, regulations and other obligations
  • On certain issues where we have more stringent internal requirements, we operate to even higher standards than what is required by law.

Sustainable Procurement Policy

environmental responsibility

At Oakpont, we are always driven by our unwavering commitment to always do the right thing for our clients, our people, and our communities. We are committed towards social impact and strive for sustainability across every function, including sourcing and procurement.

Through this procurement policy, we intend to make our operations more sustainable by:

  • Upholding the laws and regulations of the respective countries we operate in.
  • Endorsing highest standards of economic, social, ethical, and environmental practices.
  • Identifying and moderating risks associated with our procurement process.
  • Communicating the policy with stakeholders (internal and external) and raising awareness among our suppliers.

 

In accordance with our commitment to the highest standards, we also expect our suppliers to aspire to the same standards in their business operations, including but not limited to:

Environment:

  • Comply and adhere to all the applicable environmental laws in respective countries/jurisdiction Undertake initiatives to promote greater environmental responsibility such as:
  • Responsible waste management and disposal.
  • Reduction of greenhouse gases and other emissions harmful to the environment.
  • Conservation of non-renewable natural resources.

Business Ethics:

  • Obey all relevant international and domestic laws regarding ethical business practices
  • Demonstrate existence of procedures to prevent:
  • Money laundering.
  • Fraud, bribery, corruption.
  • Conflicts of interest.
  • Data security issues.

Labor and Human Rights:

  • Comply with all applicable laws, in accordance with the principles of the International Labor Organization, the UN Global Compact, and the UN Universal Declaration of Human Rights.
  • Prohibit slavery and the use of forced, bonded, or child labor across the supply chain.
  • Prohibit unlawful discrimination and harassment to provide a safe and inclusive work environment.

Community Development:

  • Provide employees with a living wage, at a minimum.
  • Partner with local governments to improve the educational, cultural, economic, and social well-being of communities which they operate in.

We understand that procurement performance improvement is a continuous process and recognize the contribution of our suppliers in our journey to become more sustainable.