TRICOR RELEASES 2020/2021 ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT

KUALA LUMPUR, Aug 3 (Bernama) -- Tricor Group (Tricor), Asia's leading business expansion specialist has released its inaugural 2020/2021 Environmental, Social and Governance (ESG) ‘Pathway To Tomorrow’ Report.

It outlines the firm’s commitment to a framework guided by responsible practices in environmental protection, corporate social responsibility (CSR) and corporate governance, according to a statement.

“At Tricor, we are continuously adapting our ESG strategy to accommodate the widening scope of ESG issues and better respond to the continuously shifting business landscape,” said Tricor Group Chief Executive Officer, Lennard Yong.

Built on Tricor’s core values of collaboration, care, agility, integrity and passion, the newly formalised ESG framework outlines goals, reports on the firm’s current progress in ESG and embraces the long-term principles of Tricor’s vision.

This includes maintaining a holistic and strategic – not just financial – approach to resource allocation; integrating ESG principles into decision-making processes, investment analysis and solution offerings; and, upholding ESG issues as a priority in enhancing relationships with employees, clients, partners and investors.

Tricor recently earned accolades from Hong Kong Business Awards 2020 (Made in Hong Kong Award), Asia Pacific Enterprise Awards 2020 (Corporate Excellence Award) and Greater Bay Area Corporate Sustainability Awards 2020 (Social Sustainability Award – Decent Work & Economic Growth).

In April 2020, Tricor also became the first in Hong Kong to announce a paper repurposing initiative in partnership with Mil Mill, wholly-owned by Secure Information Disposal Services Limited (SSID), repurposing its headquarters’ wastepaper into napkins and toilet rolls that Tricor later purchases.

Forming an ESG work group to provide oversight across the 21 markets the firm operates in, Tricor will be constantly reviewing and improving how it prioritises ESG issues.

With accountability being key to Tricor’s ESG framework, the firm will release an updated ESG report annually to track progress and outline new goals.

More details at www.tricorglobal.com.

-- BERNAMA