Cologix has announced that it has published its inaugural Environmental, Social and Governance (ESG) report to provide transparency on the company’s ESG performance for 2020. The report highlights the company’s continued commitment to invest in people, build sustainable business practices to protect the planet, support the communities it serves and create value for employees, investors, customers, suppliers and partners.
Setting the foundation for increased transparency, this report enhances the company’s existing ESG efforts with a public commitment to sustainability, social and governance practices and improved disclosures on annual progress to achieve ESG goals. As part of this foundation,
Cologix focuses on three key areas, environmental commitments to improve energy efficiencies and harness renewable energy options, a social responsibility commitment to the people and communities they connect to and serve as well as a commitment to strong governance structure with adherence to rigorous security and compliance standards.
“This report marks our first effort to summarise our work in ESG,” Bill Fathers, CEO of Cologix, said. “When we decided to put our people first strategy into action over three years ago, we focused on trust, which extends to our entire value chain and ecosystem, including our customers. This first report is only the beginning of our ESG strategy, focusing on a future of excellence and sustainability.”
The ESG report is a major milestone for the company, and it will serve as the foundation for greater transparency as they expand their ESG strategy and execution in 2021 and beyond. To support these efforts, the company are already underway with a materiality study and stakeholder engagement process to aid in the development of its ESG roadmap. This roadmap will provide strategic direction for the company in its decision-making for its ecosystem of employees, investors, clients, partners and suppliers while they invest in the strength of the people, planet and communities they serve.