Levelling Up EDOTCO’s Vendors with ESG
As global attention increasingly shifts towards sustainability, EDOTCO is leading by example in spreading awareness on environmental, social, and governance (ESG) principles to its vendors within their supply chain ecosystem. Through the EDOTCO Vendor Development Program (VDP) 2024, the company is setting new standards for vendor engagement and sustainability practices across nine markets.
EDOTCO, the nation’s largest digital infrastructure company, launched the VDP to elevate its vendors’ capabilities and expand their capacity. Introduced in February 2024, the program is a meticulously structured initiative designed to enhance the capabilities of EDOTCO’s vendors.
With close to RM1.0 billion awarded to our vendors in 2023, this program underscores EDOTCO’s commitment to nurturing a resilient, efficient, and compliant supply chain. It addresses critical areas such as ESG, Occupational Health & Safety (OHS), Integrity and Ethics, Business Continuity Management, and Rollout.
In a pioneering move, EDOTCO has partnered with the Centre for Entrepreneur Development and Research (CEDAR), a wholly owned subsidiary of the SME Bank, to kickstart the program with the ESG Level Up Series, a fully subsidized ESG training program funded by the Malaysian Government’s Skim Intensif Kelestarian. The training modules were created in partnership with the United Nations Global Compact (UNGC) Malaysia and Brunei.
EDOTCO’s sustainability framework sets ambitious targets, including achieving carbon neutrality by 2030 and adhering to robust OHS standards evaluated by CIDB Malaysia. The company enforces strict compliance with laws and regulations, emphasizing anti-corruption and bribery, environmental protection, and labor rights, among others.
The program’s structure aims to ensure practical adoption of ESG practices by the vendors, from initial awareness training to intensive monitoring, and potentially financial support for those that meet the criteria to further their ESG initiatives. Approximately 150 participants who participated in this program were able to gain numerous benefits, including expert guidance on ESG theories and best practices, networking opportunities, access to comprehensive educational materials, and a platform to highlight their ESG initiatives and achievements.
By the end of the training, participants were equipped with actionable strategies and tools to integrate ESG principles into their businesses. This comprehensive approach ensures that EDOTCO’s vendors are prepared to lead the charge in sustainable digital infrastructure, fostering a resilient and responsible supply chain ecosystem, thus assisting EDOTCO in achieving its carbon neutral targets.
By integrating ESG principles deeply into its supply chain, EDOTCO is fostering a more resilient, efficient, and responsible ecosystem. This initiative is a significant step towards achieving the company’s sustainability goals and setting a benchmark for industry best practices. Through the program, EDOTCO is not only enhancing the capabilities of its vendors but also reinforcing its commitment to a sustainable future.
In today’s rapidly evolving digital landscape, the need for robust and scalable infrastructure is paramount. With EDOTCO at the forefront of this transformation, it is important to ensure that the backbone of our digital connectivity is both resilient and adaptable to change.
This program is more than just a series of training sessions; it is a comprehensive strategy designed to foster deeper industry collaboration, innovation, and excellence among EDOTCO’s partners and vendors. By investing in the growth and development of its vendors, we ensure that the entire ecosystem benefits by driving innovation forward for its collective success and sustainability.
Learn about EDOTCO’s Corporate Governance here.
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Written By
EDOTCO Editorial
EDOTCO Group Sdn Bhd
(1022843-U)