ESG POLICIES AND STRATEGY
As a business, we support the UN Global Compact and strive to become transparent in our measures to support all 10 principles. We want to conduct ethical business and to ensure setting the stage for long-term success for our organization and partners by doing the right things and doing things right.
In the fiscal year 2022, we have identified our preliminary focus areas and set of policies to guide our work. We will continue to collect data to identify the relevant KPIs as a basis for our future work and progress. These are the first steps to establish a baseline and gather the necessary information to further develop our strategy in the coming years.
ESG POLICIES
At FOM Technologies, we are committed to transparent communication of the company’s policies and governmental measures. Thus, we have taken the first steps to establish corporate policies and Codes of Conduct to fulfill our goals of setting high governance standards to create a foundation for building trustful partnerships in the future.
During 2023, the Board of Directors of FOM Technologies will adopt the following ESG-related policies:
Anti-corruption and Anti-bribery Policy
Environmental Policy
Diversity, Equality, and Inclusion (DEI) Policy
Human Rights Policy
People and Social Policy
These policies are reviewed annually by the Board of Directors and converted into strategy and action plans, spearheaded by the Board of Executives.