Communication on Progress

Solfium - Communication on Progress

Participant
Published
  • 30-Jun-2022
Time period
  • June 2021  –  June 2022
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • To our stakeholders:

    I am pleased to confirm that Solfium Inc. reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.

    Sincerely yours,
    Andres Friedman
    CEO & President

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Ensure that the work space is safe, accommodating to our employees' needs, and complies with sanitary protocols, including measures to mitigate the spread of Covid-19.

    Implement the pertinent safety measures for Solfium experts completing solar installations.

    Condemn all forms (verbal, physical, psychological, sexual) of harassment, discrimination, and abuse.

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • Express our commitment in supporting human rights to our employees during their onboarding.

    Engage in social projects, by providing solar installations, that impact micro-businesses and vulnerable minorities.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • We measure the ratio of women and diverse hires in the management team and across the company.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Provide competitive employment packages with benefits and protection for our employees (insurance, medical coverage, etc.) above statutory requirements.

    Provide a comfortable and ergonomic set-up for our office employees.

    Implement a flexible work arrangement including a hybrid work arrangement.

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • Ask our employees for suggestions and feedback on the company’s work environment.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • Track safety incidents and near misses and review in our weekly lessons learned session.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • As a solar energy provider, we reduce CO2 emissions with every installation we perform.

    We are also defining processes to reduce the carbon footprint at the work place (commute efficiently, energy-saving equipment, reduce waste, limit business travel, etc.)

    Partner with companies that have sustainability commitments.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • We discuss and implement new practices to improve our sustainability policy during our Weekly Management Meeting.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • Measure kW of installed capacity and tons of CO2 reductions generated.

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • We ensure that our internal processes are aligned with the company's anti-corruption commitment.

    We undertake due diligence with new clients, suppliers, partners, and investors.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • Clearly communicate to employees, partners, clients, and suppliers a no tolerance policy for dishonest dealings and corrupt practices.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • Tracking of incidents or cases.