Sustainability
At Shikamoo, our sustainability strategy is centered around "Creating a Sustainable Future." We believe that making a positive impact and meeting tomorrow's demands means conducting our business in a responsible and sustainable way. This commitment extends to all our stakeholders, from our team members to our investors, customers, local communities, and the countries where we operate.
Our Sustainability Strategy:
Our sustainability strategy is built on five key objectives that guide our actions and policies. These objectives are aimed at addressing material issues and ensuring responsible practices across our organization.
1. Upholding Standards:
Creating Value and Ensuring Responsibility
- Good Governance and Compliance: We have established robust corporate governance practices that align our commercial objectives with legal, environmental, and social responsibilities. Our Code of Conduct sets clear standards for all our stakeholders, emphasizing integrity, inclusiveness, innovation, and sustainability. We maintain a zero-tolerance policy for fraud, bribery, and corruption and encourage a culture of openness.
- Product Quality and Safety: Our commitment to safety and quality extends to our products, which are expected to meet the highest standards. Our Food and Feed Safety Policy ensures compliance with all relevant food and feed safety regulations. We employ rigorous procedures to identify and manage food safety hazards and consistently monitor and control product quality.
At Shikamoo, we uphold the highest standards in corporate governance, compliance with laws and regulations, and product quality and safety. Our values drive us to maintain transparency and good governance practices, ensuring that our stakeholders have confidence in our long-term commitment to them.
2. Taking Care of Our People:
Valuing and Empowering Our Workforce
- Employee Development:Shikamoo invests in various learning and development programs to help our employees reach their full potential. We provide both face-to-face and virtual training opportunities, along with e-learning options. Our Commercial Graduate Program offers promising talent unique insights into our operations and exposure to industry leaders.
- Respecting Labor and Human Rights: We are committed to upholding the labor and human rights of our employees, ensuring equal opportunities and a safe working environment.
We recognize that our employees are the driving force behind our success. At Shikamoo, we prioritize respecting their rights, providing a safe and healthy work environment, and offering opportunities for growth and development.
3. Managing Our Environmental Impact:
Minimizing Our Ecological Footprint
Shikamoo is dedicated to mitigating the environmental impact of our operations through resource efficiency, responsible agricultural practices, and waste reduction. We understand the importance of reducing our footprint as we work towards meeting the global food demand.
- Environmental Responsibility: Our Environmental Policy outlines our
commitment to optimizing processes and investing in technologies that reduce our
environmental footprint. We systematically identify and manage risks in line
with recognized standards, including ISO 14001, IFC Performance Standards, and
World Bank EHS Guidelines.
- Low Carbon Operations: We prioritize renewable energy sources, with over
80% of our global energy needs met by renewables, including biomass waste from
production. We continuously seek ways to improve energy and carbon efficiency.
- Preserving Water Sources: We promote water efficiency in our farming and
industrial operations, striving to minimize freshwater withdrawal and practicing
responsible effluent management.
- Managing Waste: Our waste management approach focuses on producing less
waste, recycling more, and responsible disposal across various waste streams.
- Biodiversity Conservation: We are committed to preserving biodiversity
and natural habitats surrounding our facilities, conducting environmental and
social impact assessments for greenfield projects to mitigate possible negative
environmental impacts.
4. Connecting Supply and Demand Responsibly:
Efficient, Responsible, and Sustainable Supply Chains
- Responsible Commodity Sourcing: Our Supplier Code of Conduct reflects our values and principles, ensuring that all our suppliers uphold our standards of social and environmental responsibility, regardless of jurisdiction. We actively collaborate with farmers to support good agricultural practices.
Shikamoo manages its supply chains efficiently and sustainably, mitigating environmental and social risks, promoting responsible agricultural practices, and increasing agricultural productivity through innovation.
5. Building Strong Communities:
Empowering Communities for Positive Impact
- Sustainable Livelihoods: We support community livelihoods by respecting land rights, promoting secure and equitable access to land and natural resources, and investing in local communities.
We believe that the strength of our operations depends on the well-being of the communities where we work. Shikamoo engages closely with these communities, focusing on sustainable livelihoods and community programs.
6. Sustainability Reporting:
We are committed to transparency and annually publish sustainability reports that detail our progress toward meeting the rising demand for food sustainably.
7. Our Policies:
- Sustainability Policies
- Stakeholder Engagement Policy
- Responsible Land Acquisition and Leasing Policy
- Human Rights and Labor Policy
- Occupational Health and Safety Policy
- Environmental Policy
- Supplier Code of Conduct
- Sustainable Sourcing Policies
Our formalized policies play an integral role in our company-wide sustainability approach. These policies include:
8. Our Partnerships and Memberships:
Collaboration is fundamental to our sustainability efforts. We actively engage with stakeholders from various sectors to address sustainability challenges and promote sustainable agriculture. Our partnerships include collaborations with organizations like [List of Relevant Organizations and Partnerships]. Together, we work towards a sustainable and equitable future for all.