02 February 2024
14 November 2023
13 November 2023
20 October 2023
SOHO Global Health Tbk has been awarded a bronze medal by EcoVadis for its efforts to achieve sustainable growth for the 2022 assessment year.
In support of the Indonesian Government’s efforts to raise awareness about Environmental, Social and Governance (ESG) factors and to realize the Sustainable Development Goals (SDGs) by UN member states as a joint movement to end poverty, protect the planet and ensure that everyone lives safely and decently by 2030, SOHO Global Health (SGH) Group is committed to implementing ESG in all business processes, which aims to minimize potential risks or negative impacts on ESG aspects. SGH promotes ethical, transparency and inclusive policies and practices, both within the Company and to all business partners. It is important for the Company to create value that goes beyond product impact on consumers.
SGH Group was assisted by an independent third party in conducting the materiality assessment.
The material issues identified fell into two main pillars which are:
a) The Company’s impact on society and the environment.
b) The impact of society and the environment to the Group.
To oversee the Company's efforts to implement ESG initiatives, SGH partnered with EcoVadis, a trusted international organization that focuses on corporate sustainability assessments to analyze and evaluate the Group's efforts to improve business sustainability performance.
We are proud to announce that this year SGH has been awarded a bronze medal by EcoVadis for its efforts to achieve sustainable growth for the environment, society and business, with an overall score of 57 out of 100 for the 2022 assessment year. The EcoVadis assessment includes 4 (four) aspects, namely considering how the Company impacts the environment, labor and human rights, ethics, and sustainable procurement. All aspects are interrelated. Thus, the Group should not focus on only one aspect.
This rating is a significant sign that SGH's sustainability strategy is consistent with globally recognized standards. We are proud to take this into account, and we are ready to achieve even more challenging goals together in the future.
SOHO Global Health has consistently delivered sustainable, solid financial results despite the soft market condition. In a rapidly-changing environment, the key to our success has been our ability to balance continuity with change. It has required discipline and decisive actions to build sustainable value for the long term.
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