Environmental, Social and Governance (ESG)

What is ESG and Why is it important?

ESG stands for Environmental, Social and Governance – these three key components are used to measure a company’s operations in the areas of environmental sustainability, ethical impact and corporate policies and governance. Investors often use ESG criteria when evaluating companies for investment, as do customers to help select the most appropriate supplier. Similarly, job seekers are prioritizing companies who are committed to ESG.

Environmental

What is environmental sustainability and why is it important?

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It is important to retain a balance to achieve and maintain environment sustainability. The air we breathe, the water we drink, the food we eat can all be impacted if our environment is not taken care of and damaged. Everyone individually, as well as corporations, should be aware of how daily actions can impact the Earth. Reducing energy consumption and carbon emissions are two examples that everyone can follow to help the environment.

By recycling items including aluminum cans, glass bottles, paper, cardboard and packaging materials, we can reduce waste and waste generation promoting a cleaner environment. Corporations like Unisys continue to look for ways to minimize the impact of products on both local communities, the greater environment and planet.

Social

What is the meaning of Inclusion and Diversity in the workplace?

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Having an inclusive and diverse workforce is a business imperative for many companies. By welcoming all ethnicities, races, ages, religions, abilities, genders, and sexual orientations, we create a culture that’s truly diverse, inclusive, and equitable. Valuing the different perspectives of all associates can lead a company to be more innovative, creative, and agile as well as attract and retain top talent.

Having a Global Inclusion, Equity and Diversity Council in a company helps to foster an inclusive workplace. The council should include representatives from every region and business unit as well as members who reflect the company’s geographic demographics in relation to gender, ethnicity, race and disability.

Creating Associate Interest Groups are a great idea to build and nurture a better, more inclusive culture. These groups are open to anyone and reflect the variety of interests and learning of your diverse population. By investing in learning and professional development for your associates you can provide re-skilling, professional development, and soft skill training to further their career opportunities.

A Code of Ethics and Business Conduct outlines and informs every decision, every action and every relationship. It also informs how to do business with third parties who share common values. A Compliance Office can maintain a Compliance Helpline for associates, business partners and third parties to obtain guidance on potential ethics issues or to report any ethics violations maintaining strict confidentiality with protection for reporting parties.

Understanding human rights issues that apply to the company is critical when working diligently with suppliers to identify and avoid parts and equipment that use or contain conflict minerals. Only partner with socially-responsible and ethical suppliers and manufacturers that support the goal of ending violence and human rights violations in the mining and production of all minerals.

Endeavor to be committed to making a positive impact in the communities where associates and clients live and work through corporate philanthropy. Create programs that partner with non-profit organizations that are driving better outcomes and positive change locally as well as around the globe. By supporting the critical missions of these non-profits, through a combination of volunteerism and corporate giving, you can make a meaningful difference.

Governance

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Companies should establish and provide corporate governance for their ethics, compliance, privacy, security, and supply chain programs. Adhering to the governance and complying with the policies and procedures defined within the law that apply to their job are every individual’s responsibility in a corporation. It is key to have all associates trained regularly on these policies and provide a place to go for questions or to report any compliance concerns.



What are key pillars of corporate governance?

  • Compliance: Every associate within a company needs to own and accept accountability for their actions. They need to read, understand and act in compliance with their company’s policies, laws and regulations.
  • Privacy: Everyone has the responsibility to protect their company data and that of their client’s by safeguarding this data by not storing in on personal or removable devices.
  • Information Security: Every associate is obligated to maintain information security by observing the relevant laws and their company’s information security policies.
  • Data Protection: Protecting client data as well as company data is a top priority for corporations. It is critical to work with clients to identify and design privacy and security policies that meet their operational needs. Protecting company data and personal information from threats such as theft, fraud, misuse and disaster is just as critical.

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What is the role of corporate governance?

A strong corporate governance structure should be the cornerstone of the privacy practice of a company that includes the Board of Directors and senior leadership team who oversee the key governance activities. The company’s Security and Risk Committee and the Audit and Finance Committee provide governance for the company ethics, compliance, privacy, information security, and supply chain programs. Corporate governance should also include the protecting the personal data of clients, associate’s vendors and partners.

What is corporate governance and why is it important?

Corporate governance should be the cornerstone of a company’s privacy practice. A strong corporate governance structure includes privacy, ethics and information security practices. This is crucial for protecting the personal data of our clients, associates, vendors and partners.

What is involved in corporate governance?

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Corporate governance is the structure of rules, practices, and processes used to direct and manage a company. The Corporate Compliance Office is typically responsible for establishing, maintaining and implementing appropriate policies and process to protect the privacy of personal data collected or processed in compliance with privacy laws, regulations and standards applicable to the company’s business. Multinational companies that have operations around the world must also comply to all applicable laws and regulations within these countries.

At Unisys, our corporate governance is the cornerstone of our data privacy practice ensuring company and personal data is secure and managed in line with our policies.

We are committed to environmental sustainability, both internally and externally from taking care of our planet to reducing our carbon footprint.

The face of Unisys is diverse and we are committed to improving associate engagement and satisfaction that will ultimately strengthen our ability to better serve our clients, our associates.

Unisys Sustainability Report

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