ORCODA believes that by considering ESG factors, it will be better able to identify material risks and growth potential. ORCODA is working with Socialsuite to achieve this goal - a partnership that has been an invaluable asset in helping ORCODA to achieve its goals and demonstrate the results of its sustainable practices.
ORCODA (ASX:ODA) is committed to contributing to a more sustainable future. To achieve this goal, the company has adopted a business-wide practice of Environmental, Social and Governance (ESG) reporting.
At ORCODA, we believe that incorporating ESG considerations into our operations will help improve our performance in these areas and being a responsible corporate citizen. We have adopted Socialsuite’s ESG platform as a best-in-class solution for leading companies to easily start ESG reporting with a structured, standardised, and globally recognised solution.
ORCODA (ASX:ODA) is one of Australia’s leading logistics solution providers for the healthcare, transportation, distribution and resource sectors. The company cleverly combines software, management expertise and contracting services to provide a one-stop shop opportunity for their clients and internal businesses.
ORCODA helps organisations simplify their supply chain and digitally transform their businesses on a daily basis, enabling them to make informed and confident decisions consistently.
As a growing, publicly listed company, ORCODA is committed to contributing to a more sustainable future. To achieve this goal, the company has adopted a business-wide practice of Environmental, Social and Governance (ESG) reporting, which encompasses metrics across the four pillars of people, planet, prosperity and governance.
The decision to implement ESG reporting was made with the approval of the ORCODA board, ensuring commitment to ESG from all levels across the business. The company believes that by considering ESG factors, it will be better able to identify material risks and growth potential, leading to better-informed decisions and business outcomes. ORCODA also believes that ESG reporting will give it better access to capital and enhance its brand reputation in the marketplace.
ORCODA chose to work with Socialsuite because the company aims to demonstrate leadership in responsible corporate investing. Socialsuite's ESG reporting system will enable ORCODA to unlock deep insights into what drives long-term value, providing a major step forward for the company when it comes to tracking and reporting ESG performance.
In the coming year, ORCODA's key areas of focus for ESG reporting will be tracking GHG emissions and employee training. Socialsuite's ESG reporting system is a streamlined, standardised, and globally recognized solution that focuses on key metrics that are core indicators of environmental, social, and governance performance.
ORCODA has found working with Socialsuite to be beneficial in several ways. Socialsuite's ESG solution has helped the company strengthen its ESG strategy and has dramatically streamlined the process of building robust ESG credentials. The company finds that the solution excels in making the World Economic Forum (WEF) framework accessible and operational, allowing them to track their disclosure progress and demonstrate their ESG performance.
Overall, ORCODA’s commitment to sustainability and ethical business practices is evident through its adoption of ESG reporting. The company's partnership with Socialsuite has been an invaluable asset in helping them to achieve their goals and demonstrate the results of their sustainable practices to shareholders, stakeholders, and companies around the world.
Learn more about ORCODA Limited and read their latest report.