Lazada To Shape The Digital Economy With Its First ESG Report

ECommerce platform Lazada released its first Environment, Social, and Governance (ESG) Impact Report, Shaping the Future of the Digital Economy for 2022. The report includes the company’s efforts to use eCommerce as a tool to uplift communities, champion accountable and sustainable practices, and manage its impact on the environment.

“What we have started lay the foundation of our ESG commitments in the Philippines, which contribute to the overall positive impact that we are creating as a group across the region. I am looking forward to strengthening our collaborations with our partners and stakeholders to shape the future of a sustainable digital ecosystem in the country,” Lazada Philippines CEO Carlos Barrera said.

“These include our Lazada x For The Women (FTW) Data Science Scholarship program where we offer data science training to promising young women who are looking to build a career in tech for example, and LazGoGreen, our initiative addressing our environmental impact,” he added.

The report also introduced the company’s ESG framework and its four core pillars: Empowering Communities, Future-Ready Workforce, Responsible Stewardship, and Effective Governance, noting the company’s achievements in the past 10 years.

“Beyond being the eCommerce pioneer, we remain committed to enabling a sustainable and healthy ecosystem that connects our buyers and sellers in more meaningful ways. Our approach is to adopt an ‘ecosystem mindset’, where stronger ties with our partners and stakeholders along our value are key to creating a lasting, positive impact,” Barrera said.

Source: Inquirer.net