GPIC Annual Report 2019
SUSTAINABILITY
40 Years of Sustainable Excellence This year is very special for GPIC as we celebrate 40 years of sustainable success and it marks the eighth anniversary of our commitment to the United Nations Global Compact (UNGC). Whilst much has changed in the world and in our Company over the past years, our commitment to Sustainability and Sustainable Development remains firm. These years have been challenging for sustainability in many respects, but there have also been exciting developments in the sustainability landscape. We look back at GPIC’s efforts in scaling up sustainability efforts and mainstreaming the UN’s 17 SDGs in the Company’s Business Functions. In September 2015, the UN General Assembly agreed to 17 Global Sustainable Development Goals (SDGs) to reach by 2030. The goals and specific targets under the goals seek to end poverty, protect the planet, and ensure prosperity for all.
same. Our most recent initiative is linking our Capex Projects and modifications to the relevant SDGs and all this is done through an automated MOC process. GPIC is not only a market leader in business but also a well-known champion in sustainability. Through the years, we have scaled up the sustainability practices and initiatives and currently lead in a number of ways. The current focus of our sustainability initiatives is leadership, collaboration, innovation, accelerating youth empowerment for sustainable development. Utilising the globally established GRI framework we have conducted the third most extensive stakeholder engagement to ascertain the materiality of the sustainability issues we advocate. All the members of our Sustainability Reporting Committee are trained on GRI standards enabling them to effectively prepare and publish the GRI Sustainability reports and GPIC’s Fifth GRI Sustainability Report is due in Q1 2020.
GPIC’s triple bottom line business approach aligns strongly to the UN SDGs. We have moved from the traditional three P’s (People, Planet and Profit) to the five P’s (People, Planet, Prosperity, Peace and Partnerships) model of Sustainable Development. GPIC a proud supporter of the global goals, has contributed in all the phases, right from the participatory process of ‘My World’ to setting up meaningful indicators, sharing best practices on SDG aligned projects, and programmes through the UN Global Compact and KPMG’s Industry Matrix. Aligning corporate goals both short term and long term with the relevant SDGs. Mainstreaming SDGs in business functions. Sharing our sustainability performance publicly through GRI sustainability reports and encouraging others to do the
15
