Sustainability Policy

Sustainability Policy

Recognizing the importance of sustainable development which will reinforce stable growth for the enterprise, Modernform applies this to its business operation in three dimensions namely economic, social and environmental under corporate governance principle across the entire value chain and taking into account impacts of its business on stakeholder, society and environment. That is why the company announced a policy to drive the enterprise and businesses under a harmonized operational framework, as detailed here.

1. Corporate Governance

Committed to good corporate governance and equitable stakeholders’ engagement. We do business under good corporate governance principle, enterprise risk management, compliance with laws and regulations, as well as business code of conduct.

2. Sustainable Economic Development and Growth

Committed to becoming an organization that delivers innovations and products stakeholders require, and regulating business across the entire value chain, to ensure minimal impact on stakeholders. We focus on building strong relationship with clients, supporting, and strengthening the capacity of our business partners so that collectively and sustainably we grow our business.

3. Ethical Business Conduct

Environment-friendly business, by attending to environment impact in work processes, including environment management such as in waste management, water resource management, pollution control, energy use, Greenhouse Gas emissions cut. We aim at making the entire workforce environmentally aware and active in conservation.

4. Social Contribution

Prioritizing human resource to equip our workforce with knowledge, creativity, and customer-focused mindset while caring for the society and community. We support and respect human rights, equitable resource management when it comes to remuneration, welfare and workplace safety. We seek to build bond between the staff and organization. We encourage staff to take part in social activities within and beyond our enterprise. We care for and support communities around where we work.

5. Walking the Talk Across the Organization

We enact our sustainability concept, policy and strategy in all units within our organization. We instill among the workforce five core values: Consumer-Centric, Creativity, Achievement, Teamwork and Sustainability, so we all move in a harmonized direction and aligned with international standards.

The Company’s Board of Directors and staff have the duty to support, drive and act according to the policy, as well as communicating the policy to partners, stakeholders for collaboration towards the shared goal of sustainable development. In 2021, the Company appointed a Sustainability Working Team consisting of representatives, from different lines of relevant work to ensure alignment of sustainability with business conduct, constant improvement and clear communication, under the oversight of Corporate Governance Committee.