Social responsibility of I.I.G. Czech a.s., as well as other members of the Group and cooperating business partners, is one of the basic pillars of the company's corporate philosophy and an integral part of its business. It is based on the concept of "Simply, responsibly and with care. We treat social responsibility as a natural part of the daily life of the company and its employees. The nature of our business is geared towards the basic human principle of helping. Every day we encounter a greater or lesser degree of adversity, the effects of which our clients turn to us with confidence. It is a key principle that we apply not only in our business but in all key areas of social responsibility. Another aspect of corporate social responsibility is to reduce the amount of greenhouse gases in the atmosphere - green energy - to help mitigate the impact of climate change on the environment. And adherence to the principles of ESG (Environmental Society Governance) is an integral part of the three pillars of corporate social responsibility on which the company is built.

GREEN ENERGY

Green energy is a term that is heard around us regularly. Green energy comes from and is derived from renewable sources, and can be generated and consumed without any significant negative impact on the environment. We can obtain it using hydro, wind and solar power plants. The importance of green energy is growing significantly, due to the negative consequences of traditional non-renewable sources, especially sophisticated fuels, climate problems and dwindling supplies of sophisticated fuels. In its strategy, the company is committed to a healthier future, protecting the environment and creating a healthy indoor environment. With green energy, the company wants to help reduce the amount of greenhouse gases in the atmosphere, helping to mitigate the effects of climate change on the environment. An integral part of the company's "GREEN ENERGY" commitment is the upcoming Green WATER project and the Energy Projects being developed as part of the company's "WATER for LIFE" project.

ESG (ENVIRONMENT SOCIETY GOVERNANCE)

Sustainable investing, or ESG investing, is a form of investing that looks beyond financial gain to the sustainability and social impact of the investment. ESG proponents point mainly to the benefits associated with higher financial performance and lower risk. The term ESG was coined in 2006 in a UN report on the Principles of Sustainable Investment. Environment indicators assess a company's impact on the environment (e.g.: ecosystems, human health, air, soil and water). Society indicators assess a company's impact on the wider community (e.g.: employees, suppliers, customers). Governance indicators assess the standards of corporate governance. The main criteria may be compensation of top management, money spent on lobbying, level of corruption or transparency to shareholders. The main criteria are energy efficiency, carbon footprint or the ability to treat waste.Other main criteria are customer satisfaction, diversity in the company, employee engagement or charitable donations. By excelling in these criteria, I.I.G. Czech a.s. aims to reduce costs such as those associated with regulatory measures and litigation or reputational risk.

ESG strategy

• Assessment of business opportunities and risks of ESG legislation
• Setting data collection, objectives and strategies 
• Setting up CSRD reporting                   
• Definition of ESG data for business partners, investment companies and funds 
• Recommendations for improved sustainability performance

Carbon footprint

• Calculation of the total carbon footprint in GHG Scope 1, 2 and 3
• Design of measures to reduce energy and fuel costs
• Setting up the company's emissions data collection

Green bonds and financing

• Policy development (due diligence) to meet the minimum guarantees of the EU taxonomy
• Assessment of projects included in the issue in accordance with the EU taxonomy and Green Bond Principles
• Enhancing the financial and marketing attractiveness of the bond for investors
• Ensuring due diligence on human and labour rights, responsible business and environmental issues
• Identifying opportunities and risks associated with ESG legislation for individual projects
• Proposing measures to adapt development projects to the EU taxonomy