The Southeast Asia’s leading eCommerce platform has released its first Environment, Social, and Governance (ESG) Impact report, Shaping the Future of the Digital Economy for 2022.
The ESG report has put out details the company’s efforts to leverage eCommerce as a force for good to uplift communities, champion accountable and sustainable business practices and manage its impact on the environment.
“As Lazada celebrates its 10th anniversary this year, we also celebrate 10 years of digital commerce in Southeast Asia. It is also a timely milestone to release our first ESG Impact report and I am pleased to share our progress in accelerating the growth of digital commerce in the region and making a difference through our operations,” said James Dong, Chief Executive Officer, Lazada Group.
“This report is only the start of our journey. I am looking forward to stronger collaborations with our partners and stakeholders around how we can leverage our position as a leading eCommerce platform to shape the future of a
sustainable digital ecosystem,” he added.
The report unveils the company’s ESG framework and its four core pillars: Empowering Communities, Future-Ready Workforce, Responsible Stewardship, and Effective Governance.
“The progress we made in the last few years has laid the groundwork for sustained success and momentum as we push forward with our ESG impact,” said Frank Luo, Chief Financial Officer, Lazada Group.
“As Southeast Asia’s pioneer digital commerce platform, we are committed to enabling a sustainable and healthy ecosystem that connects buyers and sellers. Our approach is to adopt an ‘ecosystem mindset’, by increasing collaboration with our partners and stakeholders along our value chain to create a positive impact,” he added.
Most recently, Lazada Logistics in Indonesia was also honored as the winner of the Responsible Consumption and Production (Plastic) category under the B20 Sustainability 4.0 Awards, a joint European-Indonesian project and a side event of B20 Indonesia 2022. The prestigious awards celebrate businesses and individuals that embed sustainable practices in their strategies and processes by embracing the environment and societies in their agenda.
Lazada’s FY2022 ESG Impact Report has been prepared with reference to the Global Reporting Initiative (GRI) Standards 2021.