Sustainability with ESG
Golden Gateway Holding
Assurance of Future: Sustainable Investment with ESG
Business, human, world, environment, and social issues... which seem unrelated at first glance, are in fact closely intertwined and need to be addressed together. And the importance of ESG has been growing every day in a period where the problems surrounding our world has become even more serious especially with global pandemic.
This also frequently reflects in the evaluations made by Golden Gateway Holding, closely attended and pointed out by senior management across different platforms. Mr. Halis Ali Çakmak, Chairman of Golden Gateway Holding briefly explains his approach to this subject:
“Dear our Valuable Business Partners and Personnel, at Golden Gateway Holding, we aim to keep sustainability and ethical management standards at the high levels. Therefore, we have placed ESG (Environment, Social and Governance) criteria at the heart of our business strategy. In social area, we prioritize gender equality, occupational safety and employee welfare. In governance, we uphold transparency, accountability and ethical governance principles. By adhering to ESG criteria, we aim to leave a better world for future generations and promote sustainable business practices.”
What is ESG?
ESG is an acronym formed from the initial letters of the words “Environmental, Social, and Governance.” Governance refers to a management style which is based on mutual interaction in the society-government relations. ESG refers to three principal criteria used to evaluate a company’s sustainability and ethical management standards.
Environmental: This criterion evaluates the impacts of a company on the environment and its environmental responsibilities. This covers the topics such as energy consumption, carbon footprint, waste management, water consumption and renewable energy.
Social: This criterion evaluates the social responsibilities of a company towards its employees, vendors, clients, and society in general. It addresses the topics such as workers’ rights, occupational safety, social inclusion, equality and diversity.
Governance: This criterion evaluates a management structure, business ethics and corporate management practices of a company. The topics such as executive management structure, shareholders’ rights, anti-corruption policies and transparency are addressed in this category.
ESG criteria are used by investors and other stakeholders in order to evaluate the long-term sustainability and ethical management mindset of the companies. These criteria go beyond financial performance and includes social and environmental contributions of the company in the business evaluations.
Transformation of Business Model of Golden Gateway:
Sustainability-Focused Business Areas and Strategies
Digitalization of visa application processes
Minimize paper consumption
Improve application processes
Enhance customer experience
Business Development and New Services
Transform business model by offering new services and solutions
Fulfill environmental and social responsibilities
Environmental Sustainability
Minimize paper waste
Improve energy efficiency
Waste management
Minimize carbon footprint
Social Responsibility and Social Contribution
Offer education and employment opportunities
Support local communities
Promote diversity and inclusion
Improve employee motivation
Reinforce client loyalty
Sustainability and Awareness
Be aware of environmental and social responsibilities
Take sustainability-focused actions.