Introduction
PPAI recognizes the critical importance of Environmental, Social and Governance (ESG) factors and the Sustainable Development Goals (SDGs) in fostering a sustainable and responsible business environment. PPAI is committed to advancing ESG principles and contributing to the achievement of the SDGs.
PPAI intends to:
- Integrate ESG principles and support the SDGs.
- Provide guidelines for members to align their practices with ESG standards and contribute to SDG targets.
- Foster a culture of responsibility, transparency, and accountability among our members.
PPAI commits to promoting and incorporating the following ESG principles:
- Environmental Responsibility
- Reduce environmental impact by adopting sustainable practices.
- Minimize resource consumption and promote sustainable activities.
- Support initiatives to address climate change and biodiversity conversation.
- Social Equity
- Promote diversity, equity, and inclusion within the industry.
- Encourage fair labor practices, including workplace safety, fair wages, and employee well-being.
- Support social impact initiatives.
- Governance Excellence
- Encourage high standards of corporate governance among members.
- Encourage transparent financial reporting and ethical business conduct.
- Foster a culture of accountability and responsibility at all levels.
PPAI acknowledges the significance of the United Nations Sustainable Development Goals (SDGs) and commits to contributing to their achievement. Members are encouraged to align their business activities and projects with relevant SDGs, considering their impact areas.
Members of PPAI are encouraged to:
- Integrate ESG considerations into business strategies, decision-making processes and operations.
- Engage in continuous education on ESG issues and best practices.
- Report on ESG performance and contributions to SDGs in transparent and consistent manner.
PPAI will regularly assess our efforts and monitor industry adherence to ESG principles. Periodic reports will be published to communicate progress and collective impact of our membership in advancing sustainability goals.
PPAI will actively communicate its commitment to ESG principles and the SDGs to members, partners, and the broader community. This includes organizing awareness campaigns, training sessions and providing resources to support members in their sustainability journey.
PPAI will periodically review our efforts to ensure relevance and effectiveness with the goal of aligning with the changing landscape of sustainability practices.
PPAI affirms its dedication to creating a more sustainable future and encourages members to actively contribute to the global sustainability agenda.
Resources
ITC Standards Map - The world’s largest database for sustainability standards provides free, accessible, comprehensive, verified and transparent information on over 300 standards for environmental protection, worker and labor rights, economic development, quality and food safety, as well as business ethics.
CSR Toolkit & SME Sustainability Roadmap from Industry Canada
CSRwire Reports – recently published, non-financial CSR and Sustainability reports as examples.