Lazada’s FY2023 ESG Impact Report. — Photo courtesy of Lazada
Leading e-commerce platform Lazada has recently announced its annual ESG Impact Report entitled “Enriching Lives, Emerging Stronger” for fiscal year 2023, reaffirming its commitment to building a sustainable business and creating a positive impact.
The annual report highlights the progress of the company’s commitment to leverage e-commerce as a force for good, based on four core pillars under its ESG framework that were unveiled last year, namely, empowering communities, a future-ready workforce, environmental stewardship, and effective governance.
Notably, since the introduction of a baseline carbon inventory to identify key sources of Greenhouse Gas (GHG) emission across Lazada’s operations in 2022, the company has reduced its overall GHG emissions by 10 per cent compared to the last reporting period.
“For more than a decade, Lazada has been accelerating progress in Southeast Asia through commerce and technology. With our second ESG Impact Report, I am proud to share the progress that we have made and am confident that we can achieve even more together,” said James Dong, chief executive officer, Lazada Group.
“As we look ahead to the next phase of growth, we are cognizant that sustainability will continue to be our guiding principle. Sustainable development is not only a responsibility, but also an opportunity and commitment to the future. By working together, we can enrich the lives of all participants in the digital economy and build toward a resilient and sustainable future,” he said.
Across its six markets, Lazada continues to provide economic opportunities to more than 1.1 million stakeholders within its ecosystem of sellers, digital commerce enablers, third-party logistics partners and dedicated employees.
Lazada joined the Asia-Pacific Economic Co-operation (APEC 2022) Economic Forum to promote and support initiatives aimed at aiding the digital transformation of micro, small, medium enterprises (MSMEs), where digitalisation is crucial to improving the operational flexibility and long-term growth of businesses across Southeast Asia.
Lazada Vietnam was recognised by two prestigious Corporate Social Responsibility awards for its efforts to support and uplift the local community.
Lazada employs over 32 nationalities across the markets, with women making up 44 per cent of its workforce.
The company’s in-house digital learning platform, GROW, offers more than 1,000 courses for employees across all markets.
The company also achieved zero substantiated complaints concerning breaches of customer privacy or losses of customer data across its operations.
Lazada’s FY2023 ESG Impact Report is prepared with reference to the Global Reporting Initiative (GRI) Standards 2021. — VNS