Sustainability

At Vivid Edge we are committed to acting responsibly in relation to Environmental, Social and Governance matters, and these are integrated into how we do business and make decisions. Our mission is to reduce carbon emissions in commercial organisations through delivering energy efficiency upgrades as a service, thereby helping ensure a sustainable planet for future generations.
We encourage an open and communicative work environment that promotes continuous self-development and a supportive work environment. In addition, we aim to provide strong leadership, excellent conditions and a safe work environment to help our employees to realise their best potential and maintain a high level of job satisfaction.

1. Introduction:
1.1 Environment

We deliver energy efficiency upgrades as a service, to encourage, support and accelerate the progress of our customers in reducing their emission of greenhouse gases, and reducing their consumption of the world’s resources.
Any action we take that adversely impacts this principle can damage our reputation, reduce our competitive advantage, and have negative implications on our growth and is to be avoided. We recognise that we have a moral obligation towards our stakeholders, employees and the broader community to ensure that we are actively managing and minimising the impact of our operations and services on the environment.
Our company’s future and the future of our environment are interconnected.

1.2 Social

We respect our stakeholders and seek to ensure that our actions do not have negative consequences for the individuals and businesses we deal with.

Our actions should result in all our stakeholders, including the communities we work in, begin treated fairly and not negatively impacting their physical or economic welfare.

1.3 Governance

Our business model is built on long term partnerships and delivers strong stable long term cashflows underpinned by energy efficiency assets. Understanding and managing risk is a key tenet of our operating model, and our business is focused on delivering strong risk-adjusted l returns.
We are committed to ensuring that oversight mechanisms are in place to manage risks, limit the opportunity for fraud or corruption, and promote the best interests of the company and its shareholders, without negatively impacting on our environmental and social commitments.

2. Implementation
2.1 Suppliers

We seek only to use suppliers that are high calibre, operate with integrity and are similarly committed to ESG goals. This not only supports our own values, but such companies are more likely to proactively address related issues that arise, reducing their exposure to significant fraud, legal, regulatory, product, labour and reputational risks, which in turn reduces our risk.
We encourage our contractors to employ workers local to a project where practical and believe that no distinction should be made due to race, age, gender, marital status, religion, or ethnicity.
We assess the environmental commitment of our key suppliers by evaluating their alignment to our Supplier Code of Conduct. We work to embed environmental commitment to our own procurement policy.

2.2 Customers
We work with customers to help them achieve the energy, carbon and reporting element of their ESG goals. As with suppliers, this not only supports our own values, but such companies are more likely to proactively address related issues that arise, reducing their exposure to significant fraud, legal, regulatory, product, labour and reputational risks, which in turn reduces our risk too.
We lead by example for our customers in our dealings with the environment and with people, employing workers local to a project where practical, and showing respect to those we come into contact with, not make distinction due to race, age, gender, marital status, religion, or ethnicity.

2.3 Employees
We seek to hire employees that have a similar interest and mindset to our ESG goals as they play an essential role in helping Vivid Edge to realise our business objectives.
We share our core company values with our employees to ensure we can operate to the highest standards with the right values and purpose while creating a work environment that every employee feels proud to be part of. Our reputation is key to our success and it’s not possible without the whole Vivid Edge teamworking to a common aim.
Each employee at Vivid Edge, is individually and collectively responsible for the integrity of our company. Building the trust and credibility of the organization means taking personal responsibility for our own actions, honouring our commitments and continuing to do the right thing because it is the right thing to do.
We lead by example in our dealings with people, showing respect to those we come into contact with. We hire with an inclusive lens and do not make distinction due to race, age, gender, marital status, religion, or ethnicity.

2.4 Individuals
We support the principles of the UN Guiding Principles on Business and Human Rights. We undertake to respect human rights, and to engage in processes to remediate any adverse human rights impacts we cause or contribute to.

3. Reporting
Vivid Edge is a commercial organisation with a social purpose to support climate action. ESG is at the core of what we do. We have a carbon tracker and monitor and report on our progress towards climate goals. We are not yet reporting on broader ESG metrics but are monitoring what is practical as we grow.
We commit to reviewing this policy annually and introducing ESG reporting when the size of the business makes this appropriate.

4. Scope
4.1 Environmental
We in Vivid Edge are conscious of our social responsibilities with regard to helping the environment through our working practices. Our objective is not only to sustain our environment for our descendants but also to rehabilitate the damage previously done. We believe that our corporate responsibility goes beyond our proprietary borders and therefore every effort made to conserve resources throughout our operations.

Awareness and Commitment:
The key areas we focus on the day-to-day running of our business in recognition of our commitment to the environment are:
• Natural Environment
• Decarbonisation
• Responsible consumption
• Smart waste-and energy management
• Sustainable Travel & Transport

4.1.1 Natural Environment
Vivid Edge helps to protect and enhance natural habitats and wildlife, taking appropriate opportunities to enhance them and being sensitive to landscape issues. We look to minimise our impact on local wildlife and identify opportunities to work with the local community in caring for the local environment.

4.1.2 Decarbonisation
We exist to improve the planet by reducing carbon through delivering energy efficiency upgrades as a service. In doing so we encourage, support, and accelerate the progress of our customers in reducing their emission of greenhouse gases, and reducing their consumption of the world’s resources. By promoting energy efficiency, Vivid Edge paves the way for reduced energy consumption leading to a reduction in GHG emissions. Our ambition is to fundamentally change the way energy efficiency is delivered globally through our innovative delivery model, so G20 climate actions targets can be met while supporting UN Social Development Goal #13 Climate Action.
Energy Efficiency is now a substantial part of the energy eco-system. We save energy, time, cost and reduce carbon emissions for the customer; improving operational resilience, enhancing employee wellbeing, and accelerating sustainable goals.

4.1.3 Responsible Consumption
• Vivid Edge is committed to a reduction in carbon dioxide emissions by attaining greater efficiency in total energy. We use water efficiently and avoid pollutants entering the drainage system.
• We use energy efficient products wherever practical and monitor usage to achieve minimum energy consumption.
• Where possible, we conserve energy by turning off any unnecessary lighting and heating and turning down heating thermostats, ensuring radiators are not blocked by any obstacles.
• In relation to office layout, we seek to make the most of natural light.
• Office equipment – we turn off equipment instead of leaving on standby mode; we optimise the brightness of monitors (too bright is not good for health and wastes energy); and consider the energy efficiency ratings of equipment replacement.

4.1.4 Smart waste- and energy management
Vivid Edge seeks to minimise the production of waste and pollution, including unnecessary packaging and printing.
We do this by disposing of waste, e-waste and hazardous waste responsibly, recycling and composting where possible.

4.1.5 Sustainable Travel & Transport
Vivid Edge endeavours to reduce the impact on the environment where possible with respect to transport. We do this by:
• Seeking and employing local products and services where possible to reduce transport costs
• Avoiding unnecessary travel, meeting virtually where suitable for business purposes
• Encouraging employees to use public transport, cycle/ walk / carpool

4.1.6 Sustainable Procurement
Vivid Edge seeks to purchase of goods and services that minimise negative and enhance positive impacts on the environment and society whilst meeting our business requirements. By incorporating social, environmental, and ethical considerations into purchasing decisions we endeavour to make a positive contribution to the environment and society.

4.2 Social
At Vivid Edge, we are conscious of our social responsibility in how we treat our stakeholders, from our employees and customers to our local communities through our working practices. We believe that our corporate responsibility extends beyond our own borders, which is why we operate with a support to the local community.

Awareness and Commitment:
The key areas we focus on the day-to-day running of our business in recognition of our commitment to the social are:
• Responsible & Local Sourcing
• Employee Wellbeing
• Health & Safety
We ensure all our stakeholders are familiar with our social commitment and objectives, therefore we feature our comprehensive ESG Policy on the Sustainability page of our official website. This allows stakeholders easy access to our commitments and objectives.

4.2.1 Responsible & Local Sourcing
Vivid Edge strives to minimise environmental impact with regard to sourcing materials and resources and support the local community where possible.
We do this by
• Avoiding using materials which have an undesirable effect on the environment, and wherever possible use locally made recycled and/or recyclable goods
• Handling machines, equipment and stock with care
• Using contractors who also share a commitment to the environment and take into account lifetime costs of materials when repairing, altering or rebuilding premises
• Maximising use of electronic communication and as an alternative to printing and paper
• Taking into account the environmental quality and impact of food products and where possible to purchase food which has been grown locally

4.2.2 Employee Wellbeing
A core element of Vivid Edge’s culture is an open and supportive work environment, a workplace that enables each team member to become the best version of themselves. It supports and encourages the employees to have clarity of their objectives and an opportunity to develop and achieve success in what they do. Life is meant to be empowering, satisfying and joyful, and work is a meaningful part of our lives.
We do this by:
• Supporting time and location flexibility
• Providing two-way communication
• Supporting our employee’s charity work
• Giving special consideration to diversity & inclusion
• Equality, Diversity and Inclusion Policy
• Right to Disconnect Policy
• Volunteering Policy
• Implement partnership with the employees and support for individuals’ improvement(Support them to attend trainings and webinars)
We also do this through our projects by:
• Creating new jobs for our suppliers for project installation and ongoing maintenance
• Providing our customers and their employees with enhanced working environment, increased well-being and reduced sick days arising from the benefits of their efficiency upgrades
• We aim to proactively engage with local communities therefore we support our employees to take roles in local community

4.2.3 Health & Safety
Employees are the most important value of a company. We cannot function successfully without them. Therefore, employee physical and mental health and safety is a core priority.
We do this by:
• Health & Safety Policy and practice
• Infectious Disease -Policy and training
• Supporting location flexibility
• Supporting mental health
• Social weekly team meeting during office hours where staff are not office based

4.3 Governance
At Vivid Edge we believe that how we conduct our business is equally as important as what we do. We believe that having a clear set of core values across our organisation is the cornerstone of running a good and just company. This means that we are committed to acting honourably and doing the right thing at all times. Vivid Edge is committed to a zero-tolerance approach to bribery, corruption, money laundering, slavery, and human trafficking within our organisation. We are dedicated to conducting our business both at home and abroad in an open, honest, professional, and ethical manner. We use accurate and transparent accounting methods, pursue integrity and diversity in selecting our leadership/co-workers, and are accountable to our stakeholders.

Awareness and Commitment:
The key areas we focus on the day-to-day running of our business in recognition of our commitment to the governance are:
• Governance Policies
• External auditors
• Data Protection and Privacy Policy
• Risk management
• Diversity
• Corporate transparency
ensure all our stakeholders are familiar with our environmental commitment and objectives.

We do this by:
• Regulatory Compliance
• Regular board meetings
• Conducting our business ethically
• Financial management
• Regular update of business plans and budgets
• Health & Safety Risk Assessment
• Data Protection and Privacy Policy
• Anti-Bribery & Corruption Policy
• Anti-Money Laundering Policy
• Anti-Slavery and Anti-Human Trafficking Policy
• Code of Conduct
• Employee Handbook
• Recruitment and equality