Leading the Charge in Sustainable ITAD
Sustainability is a critical component of business strategy. Companies that prioritize environmental, social and ethical performance contribute to a more sustainable future and are a more appealing service provider to clients building a responsible supply chain. One of the most respected recognitions in this arena is the EcoVadis Gold Rating.
SK tes has consistently strived to integrate sustainable practices within all tiers of our operations. Our journey from a Bronze rating in 2023 to a prestigious Gold rating in 2024 by EcoVadis highlights our commitment to meeting and exceeding industry standards in environmental, social, and governance (ESG) performance.
EcoVadis provides sustainability ratings for global supply chains, focusing on four key areas: Environment, Labor & Human rights, Ethics and Sustainable Procurement. The Gold Rating places SK tes in the top 5% of over 130,000 businesses assessed, showcasing excellence in sustainability and performance.
The Road from Bronze to Gold: Our EcoVadis Journey
Achieving the EcoVadis Gold rating in just our second year of participation reflects our relentless pursuit of excellence. EcoVadis, a renowned global platform, assesses companies on their sustainability performance across four critical areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Out of over 130,000 companies worldwide, SK tes now proudly sits in the top 5th percentile.
This remarkable advancement was made possible through the collaborative efforts of our Sustainability, Compliance, and HR teams. Under the guidance of Alvin Piadasa, our Group Sustainability Director, we implemented rigorous measures to enhance our practices concerning labor, human rights, and ethics. Our CEO, Terence Ng, has also been a pivotal force in steering the company towards achieving operational efficiencies and better governance.
Key Drivers Behind Our Sustainability Success
Several key factors have been instrumental in propelling SK tes to the forefront of sustainable ITAD and e-waste recycling. Our comprehensive sustainability strategy encompasses:
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Environment: We prioritize reducing emissions through advanced technology repurposing and secure data erasure. By embedding environmental responsibility into our core operations, we ensure that every decision supports the health of our planet.
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Labor & Human Rights: By fostering a work environment that upholds the highest standards of labor and human rights, we ensure the well-being and safety of our employees. This approach not only meets client demands but also strengthens our position as a trusted partner in global sustainability.
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Ethics: Integrity and transparency are the cornerstones of our business practices. Our rigorous governance procedures guarantee that we operate with the utmost compliance and ethical standards, driving positive change across the industry.
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Sustainable Procurement: Our commitment to sustainable procurement policies enhances our operational efficiencies and governance, ensuring that our supply chain is both responsible and resilient.
To achieve a Gold Rating, a company must have robust policies in place that address these four areas, and these policies must be well-documented, communicated to all employees, and integrated into business operations.
Impact on Clients and Industry Standing
The EcoVadis Gold rating is more than just an accolade, this recognition sets SK tes apart as one of the few ITAD companies globally to achieve such a distinguished level, reinforcing our stature as an industry leader.
Our dedication to sustainability offers additional reassurance to our clients, who can trust that they are partnering with a provider deeply committed to responsible practices. By aligning with SK tes, corporations not only meet their own sustainability goals but also contribute to a larger movement towards a more sustainable future.
Our Commitment to Continuous Improvement
At SK tes, our journey towards sustainability is continuous. We believe that the future of our business is intricately linked to the success of our people and the well-being of our planet. This philosophy drives us to embed a sustainable mindset into every aspect of our operations.
Our ongoing efforts to enhance our sustainability ratings reflect our commitment to economic, environmental, and social responsibility. We are dedicated to pushing the boundaries of what is possible in IT asset disposition, e-waste recycling, and electric vehicle battery recycling, ensuring that we remain at the cutting edge of sustainable technology repurposing.
Future Prospects in Sustainable Technology Repurposing
Looking ahead, SK tes is poised to further solidify its leadership in sustainable ITAD and e-waste recycling. Our future initiatives will focus on expanding our global footprint, innovating new methods for technology repurposing, and strengthening our collaborative partnerships with clients and stakeholders.
SK tes has recently launched the latest version of the Carbon Loop Report, an innovative tool designed to provide clients with unprecedented insights into the greenhouse gas (GHG) emissions associated with and avoided through their IT Asset Disposition (ITAD) programs. By leveraging extensive research and comprehensive data analysis, the Carbon Loop Calculator quantifies the carbon footprint of disposed IT assets and highlights the environmental benefits achieved through sustainable practices. This industry-leading tool empowers organizations to make informed decisions about their technology disposition programs.
