LWI Sustainability
Our Approach to Sustainability.
We recognise that sustainability is integral to the successful execution of our corporate strategy. As we deepen our presence in our core markets, this deep conviction underpins and defines the way we conduct our business activities and has become embedded within the ethos of the organisation.
Governance Structure.
A robust governance structure is of paramount importance to the achievement of our sustainability commitments. Our Board takes our environmental, social and governance (ESG) factors into careful consideration when formulating LWI ’s strategy. Together with the Sustainability Council, the Board oversees sustainability efforts across the Group which are managed and implemented by the Sustainability Working Group.
Sustainability Efforts and Performance
Our sustainability efforts and performance are documented in our Sustainability Report and in this section of our website. For a comprehensive understanding of our sustainability efforts, we recommend reading both the Report and our additional disclosures on our Responsible Financing approach as well as how we engage our customers , communities , employees and the environment.
Our Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards – Core Option. The Report contains the policies, practices, performance and targets relating to our material ESG factors.
We believe in the importance of making continuous progress towards sustainability, and we urge our stakeholders to share our commitment towards improving our ESG performance in the markets in which we operate.
Our Climate Change Statement
Climate change has had a significant impact on our planet. With rising global temperatures leading to shrinking ice sheets, rising sea levels and the increasing prevalence of extreme weather events, it is widely acknowledged that climate change poses the greatest environmental challenge to our society and businesses today.
LWI recognises that our financial success is intrinsically linked to the overall health of the markets we operate in. We are committed to advancing environmental and social (E&S) progress and to conducting our business in a responsible manner. By doing so, we will be able to support sustainable development in our markets and communities and create long-term value for our stakeholders.
Our Climate Change Statement affirms our support for the Paris Climate Agreement, which aims to keep the increase in global average temperatures to “well below 2°C above pre-industrial levels”. We believe that decarbonisation of the economy must be managed responsibly over time and will adopt a progressive approach to promote the transition to a low-carbon economy. This is aligned with our focus on Sustainable Development Goal 13 of taking urgent action to combat climate change and its impacts.
