2023 SUSTAINABILITY REPORT 84 CSE GLOBAL LIMITED 5.2 UNITED NATIONS GLOBAL COMPACT (“UNGC”) The UNGC refers to a set of principle-based commitments centred around four areas: Human Rights, Labour, Environment and Anti-Corruption. It encourages businesses worldwide to adopt sustainable and socially responsible policies, and to report on our implementation. We are committed to responsible business practices in the four areas set out by the UNGC and has aligned our disclosures with its principles. Principle Report section reference Human Rights Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights. 7.2.5 Principle 2: Make sure that they are not complicit in human rights abuses. 7.2.5 Labour Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining. 7.2 Principle 4: Elimination of all forms of forced and compulsory labour. 7.2.5 Principle 5: Effective abolition of child labour. 7.2.5 Principle 6: Elimination of discrimination in respect of employment and occupation. 7.2 Environment Principle 7: Businesses should support a precautionary approach to environmental challenges. 6.2, 6.3 Principle 8: Undertake initiatives to promote greater environmental responsibility. 6.2, 6.3 Principle 9: Encourage the development and diffusion of environmentally friendly technologies. 6.2.2 Anti-corruption Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery. 11.2 6. PROTECTING OUR ENVIRONMENT FOR FUTURE GENERATIONS 6.1 OUR APPROACH The World Economic Forum Global Risks Report 20241 ranked extreme weather events and critical change to earth’s systems within the top three long-term threats, thus placing a spotlight on the urgency for businesses to accelerate its climate action and transition to a lower-carbon economy. To deliver positive outcomes for the environment, we will continue to be guided by the same environmental policies (e.g. green procurement guidelines and environmental and sustainability policy) and standards (e.g. ISO 14001) as our parent company and key regional affiliates and seeks innovative ways to reduce the environmental footprint of our products and services. 6.2 CLIMATE RESILIENCE (TCFD DISCLOSURES) We are cognisant of the impact climate change can have on our operations and is taking steps to identify and integrate these climate-related risks into our business strategy. To that end, we started adopting the recommendations of the TCFD framework in FY2022, which enabled us to better position ourselves to manage identified climate-related risks and seize climate-related opportunities arising from these risks. The following section comprises our climate-related disclosures in the four key areas of governance, strategy, risk management, and metric and targets. Achieving a climate-resilient future is a journey and we will continue to enhance upon our disclosures in future reports. 1 The Global Risks Report 2024, https://www3.weforum.org/docs/WEF_The_Global_Risks_Report_2024.pdf
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