Our ESG Strategy
Environment
GRI - 302-1, 302-2, 302-4, 305-1, 305-2, 305-3, 305-5, 308-1, 308-2
Local procurement:
Establish a goal to increase the percentage of goods and services procured from local suppliers by 15% over the next 3 years.
Explore the possibilities of vendors owned by indigenous people and underrepresented minorities.
Sustainable operations:
Keep the company as a 100% work from home company. Reduce air traveling to minimum necessary.
Switching to more energy efficient data centers by the hosting provider. Maintain zero printing policy.
Socially Responsible Products:
Develop a strategy to increase the number of green reporting products offered to customers and continuously evaluate their environmental performance.
Help local governments to save costs and energy by automating manual processes and moving more operations to the cloud.
Energy management:
Continuously monitor and report on energy consumption and emissions, establish targets for reduction and implement energy management systems.
Social
GRI 201-3, 401-2, 401-2, 403-3, 403-4, 403-5, 403-6, 403-7, 403-8, 403-9, 404-3, 405-1
Diversity, Inclusion and Equity:
Develop and implement a comprehensive strategy to increase diversity, equity, and inclusion in the workplace, including recruitment, hiring, and retention of underrepresented groups and training of employees on DEI.
Provide employment opportunities to landed immigrants and refugees.
Provide full health insurance to all our employees including remote workers as well.
Employee engagement:
Develop a strategy to increase employee engagement and communication, including regular employee surveys, feedback mechanisms, and open-door policy for employee suggestions.
Prioritize hiring refugees:
Prioritize hiring refugees and Ukrainian citizens as long as the state of war continues in the region.
Governance
GRI 205-1, 205-2, 418-1
Data security:
Maintain robust data security systems to protect the personal data of customers, employees, and other stakeholders, including regular security audits and employee training on data security best practices.
Ethics and operations: Communicate a code of ethics and conduct for all employees, and establish a system for reporting and addressing ethical concerns.
Develop a strategy to ensure compliance with all relevant laws and regulations.
Our ESG Priorities
Local Procurement
GRI 308-1, 414-1
At IGM Technology, we recognize the importance of local procurement as a key element of our sustainable supply chain. We have been actively sourcing goods and services from local suppliers from Canada for several years, and are proud to report that we have already exceeded our goal of increasing the percentage of local procurement by 35%.
We have implemented a number of strategies to achieve this, including identifying and engaging local suppliers that meet our quality and price requirements, building strong relationships with local suppliers, and regularly monitoring and reporting on our progress towards our local procurement goals.
We are committed to continue our efforts to support local suppliers and communities and report on our progress in our ESG report.
We are committed to ensuring that our suppliers align with our values and meet our high standards for social responsibility. To ensure that this is the case, we conduct an annual screening process for all of our suppliers, evaluating them against a set of social criteria. This includes areas such as labor rights, environmental impact, and ethical business practices.
Our goal is to ensure that we only work with suppliers who share our commitment to creating a better world.
This annual screening process allows us to maintain the highest standards of social responsibility and ensure that our suppliers meet our expectations for ethical and sustainable business practices. By implementing this process, we are taking a proactive step towards building a more responsible and sustainable future for everyone.
We believe that local procurement is not only beneficial for the environment but also for the social and governance aspects of our company, as it helps us to foster strong relationships with local suppliers, contribute to the local economy, and maintain the ethical standards of our supply chain.
“We believe that offering socially responsible products is not only beneficial for our customers but also for the environment, society and governance aspect of our company.
Chief Executive Officer
Sustainable Operations
GRI 305-2, 302-4
At IGM Technology, we provide a cloudbased collaboration platform that helps our B2 B customers to reduce their carbon footprint by slashing employee travel and eliminating document printing and delivery.
Our team is 100% remote – enable full flexibility on the location which helps our employees to reduce the cost of living by living in cheaper locations without commuting to the workplace and this is how employees can save time, money and reduce emissions.
More importantly, our clients are 100% online because we do our sales and business online using teamwork tools. We also have a zero printing policy unless required by governmental entities.
We also preferto travel by public transportation and land traveling over air traveling (for up to 6 hours drive in each direction)
Socially Responsible Products
GRI 305-3
At IGM Technology, we are committed to offering both technologically advanced and socially responsible products. We are proud to report that we have already developed a strategy to increase the number of socially responsible products offered to our customers.
We provide cloud-based software backed up by renewable energy data centers. In addition to evaluating the environmental impact and social impact of our products, we consult with stakeholders and experts, and we continuously improve the products based on their feedback.
We have been able to design and develop products that are more energy efficient, made from sustainable materials, and are user-friendly for customers.
Additionally, we are able to integrate features that protect our customers’ privacy, such as data security, employee safety, and employee privacy.
We are committed to continue our efforts to improve the sustainability of our products and report on our progress in our ESG report.
Energy Management
GRI 302-1, 302-2, 302-4, 305-1, 305-2, 305-3, 305-5,
As a company, we value energy management as a way to reduce our environmental impact and contribute to a more sustainable future.
Several strategies have already been implemented to improve our energy management, including:
- continuously monitoring and reporting our energy consumption and emissions,
- setting targets for reduction,
- and implementing energy management systems.
Our energy consumption has been reduced by installing energy-efficient equipment and infrastructure, promoting energysaving behaviors among employees, and utilizing renewable energy.
Our energy management strategy is regularly reviewed to ensure that it aligns with the latest industry standards and regulations, in addition to setting ambitious targets for further reducing our greenhouse gas emissions.
We believe that energy management not only helps us to reduce our environmental impact, but also helps us to improve our social and governance aspects of our company, since it encourages energy-saving behaviors among employees and ensures compliance with applicable laws and regulations.
In our ESG report, we will continue to report on our progress in improving energy management.
40%
reduction in our carbon foot print from 2019
Our ESG Priorities
Diversity, Inclusion and Equity
GRI 201-3, 401-2, 401-2, 403-3, 403-4, 403-5, 403-6, 403-7, 403-8, 403-9, 404-3, 405-1
At IGM Technology, we understand that promoting diversity, equity, and inclusion is essential to creating a workplace culture that is inclusive, respectful and equitable for all employees.
We have already implemented a number of strategies to promote DEI, including:
- creating a comprehensive DEI strategy,
- increasing the representation of underrepresented groups,
- offering training and development opportunities,
- creating an inclusive work environment.
We have been able to create a diverse workforce, promote equal opportunities and implement fair policies that support the growth and development of all employees. Additionally, we have set ambitious targets for further improving our DEI efforts and regularly review our progress to ensure that we are meeting our goals. We believe that promoting DEI is not only beneficial for our employees but also for the environment, society and governance aspect of our company.
As a socially responsible software company, we are committed to ensuring the well-being of our employees. In line with our commitment to Environmental, Social, and Governance (ESG) principles, we are proud to announce that we are now providing comprehensive health insurance coverage to all our employees.
All the employees are covered with benefits and WSIB. This investment in our employees’ health is a critical part of our overall ESG strategy and demonstrates our commitment to creating a positive impact on society and the environment. By providing health insurance coverage to our employees, we are creating a more sustainable and inclusive workplace and helping to build a better future for everyone.
At our software company, the safety and well-being of our employees is a top priority. We understand that a safe work environment is critical to our employees’ health, happiness, and overall job satisfaction. That’s why we have implemented strict safety protocols and procedures to ensure that all of our employees are protected while on the job.
Our efforts have paid off, and we are proud to announce that we have had zero work-related injuries. This is a testament to our commitment to creating a safe and healthy work environment for all of our employees. We believe that this achievement is not just about meeting regulatory requirements but is an essential component of our overall corporate responsibility and ethical values. By prioritizing employee safety, we are creating a sustainable and responsible workplace culture, and helping to build a better future for everyone.
Moreover, we have implemented regular performance and career development evaluations to provide our employees with feedback and support. Annually, we engage with each employee to discuss their performance, goals, and career aspirations. This allows us to understand their strengths and weaknesses, identify opportunities for growth and development, and provide customized training and support to help them achieve their full potential.
Through these evaluations, we are empowering our employees to reach their career goals and build a more fulfilling and sustainable future.
33% of the senior management team are women
In 2022, IGM hires were:
54% women
16% war refugees
“Our aim is to ensure that our employees have access to the best possible care and support, enabling them to lead healthy and fulfilling lives both in and out of work.
Chief Operating Officer
Data Security
GRI 418-1
At our software and IT company, data security is of the utmost importance. We have implemented strict security protocols and have regular security audits to ensure that all customer data is kept confidential and secure.
We also provide our customers with the latest security updates and patches to prevent any potential breaches.
Additionally, we have a dedicated team of security experts who monitor our systems 24/7 to detect and respond to any security incidents.
Furthermore, we follow best practices such as encryption of sensitive data and regular backups to minimize the risk of data loss.
Our company is also compliant with industry standards such as SOC 2.
We are committed to continuously improving our data security measures to protect our customers and maintain their trust.
Ethics and Integrity
GRI 205-1, 205-2
At our software and IT company, we place a strong emphasis on ethics and transparency in all of our business practices. We have implemented a robust code of ethics that guides the behavior of all our employees, ensuring that we always act in an honest and fair manner. We have also established a system of internal controls to ensure that all of our business practices are in compliance with legal and regulatory requirements.
Additionally, we have a whistle-blower policy in place, which encourages employees to report any unethical or suspicious behavior they may witness.
We also strive for transparency in our operations and are committed to providing our stakeholders with accurate and timely information about our performance.
We regularly publish our ESG report to our stakeholders and report our performance against industry benchmarks.
Furthermore, we actively engage with our stakeholders to understand their expectations and priorities, and incorporate their feedback into our decision-making processes.
We believe that by fostering a culture of ethics and transparency, we can build trust with our stakeholders and enhance our reputation as a responsible company.
As a part of our digital ethics strategy, we have created rules to simplify and disseminate digital ethics and cybersecurity awareness