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Volktek is award 2022 D&B Elite SME Awards

2022-11-16 ESG at Volktek

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The continued occurrence of extreme weather conditions highlights the ongoing degradation of our environment. The idea of sustainable development has gained increased traction among governments and businesses in recent times. These entities, including corporations and small companies, have started to align their operations and growth strategies with Environmental, Social, and Governance (ESG) criteria, with a particular focus on reducing carbon emissions to net-zero.

Founded in 1994, Volktek is a world-leading original design and manufacturing service company that specializes in Ethernet Solutions globally. The company has received recognition for its efforts, including being awarded the 2020 D&B Elite SME Awards.

 

ESG’s three central actors are:

Environmental criteria

  • Waste and pollution
  • Resource depletion
  • Greenhouse gas emission
  • Deforestation
  • Climate change

Social criteria

  • Employee relations & diversity
  • Working conditions, including child labor and slavery
  • local communities; seeks explicitly to fund projects or institutions that will serve poor and underserved communities globally
  • health and safety
  • conflict

Governance criteria

  • tax strategy
  • Executive remuneration
  • Donations and political lobbying
  • Corruption and bribery
  • Board diversity and structure
     

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