Insider Technologies

Environmental, Social and Governance

Introduction

Insider Technologies believes that businesses are responsible for achieving good environmental practice and operating in a sustainable manner.

We are therefore committed to reducing our environmental impact and continually improving our environmental performance as an integral and fundamental part of our business strategy and operating methods.

1. Economics

Economic sustainability focuses upon bringing economic benefit to the workers, investors, and communities in which a company operates. From an ethical perspective, commercial transactions should be economically beneficial to all parties involved and relationships should be based on the principle of fair and honest dealings, whilst promoting fair and sustainable development.

We expect our suppliers to embrace our standards and policies, adhering to local laws and regulations. Suppliers must ensure that they have policies in place to stop fraud, money laundering, bribery, and corruption, and to comply with national and international sanctions policy and legislation.

2. Environmental

It is our policy to seek continual improvement throughout our business operations to lessen our impact on the local and global environment by conserving energy, water, and other natural resources; reducing waste generation; recycling and reducing our use of toxic materials.

We undertake to:

  • Wholly support and comply with or exceed the requirements of current environmental legislation and codes of practice
  • Minimise our waste and then reuse or recycle as much of it as possible
  • Minimise energy and water usage in our buildings, vehicles and processes in order to conserve supplies, and minimise our consumption of natural resources, especially where they are non-renewable
  • Operate and maintain company vehicles (where appropriate) with due regard to environmental issues as far as reasonably practical and encourage the use of alternative means of transport and car sharing as appropriate
  • Apply the principles of continuous improvement in respect of air, water, noise, and light pollution from our premises and reduce any impacts from our operations on the environment and local community
  • As far as possible, purchase products and services that do the least damage to the environment and encourage others to do the same
  • Assess the environmental impact of any new processes or products we intend to introduce in advance

3. Social

Insider Technologies defines corporate responsibility as action taken by the company which positively impacts on our customers, our shareholders, our people, our suppliers, and the communities around our businesses, and which includes and goes beyond our legal or regulatory obligations. Our commitment to corporate responsibility include:

  • Investing for the long term to bring out the best in our people
  • Acting as a responsible shareholder
  • Investing in our communities
  • Engaging with customers
  • Managing our environmental impacts
  • Maintaining effective health and safety management systems

Insider Technologies is committed to corporate responsibility in order to enhance the value of its business and that of the Group as a whole. The nature of each business, as well as local cultures and needs, determine which issues are most relevant in our markets in addition to minimum standards set by the Group.

We are committed to reporting on our corporate responsibility policies and actions annually, which will enable others to judge our performance. In shaping our particular approach to corporate responsibility, we will engage with business and non-business interest groups to ensure that we fully understand their expectations of us and to ensure that our policies and programme address relevant issues.

Insider Technologies aims to set, maintain and promote high standards of corporate responsibility. As a provider of software services, we believe that a positive record as a conscientious employer, acting responsibly and with integrity, will enhance our reputation. As such, we believe it can contribute to our long-term financial success and to our primary objective of achieving shareholder value.

4. Governance

We respect the governance factors of decision-making, from sovereigns’ policymaking to the distribution of rights and responsibilities among different participants in corporations, including the board of directors, managers, shareholders, and stakeholders.

Our aim is always to be transparent and we are committed to ensuring that the company’s actions are sincere.

5. Supplier Ethics

We expect our suppliers to comply with our policies and ethical obligations. This includes suppliers that are providing services to or on behalf of Insider Technologies and third parties sub-contracted by a supplier.

In doing business with Insider Technologies, we expect our suppliers to follow a code of ethics:

  • Suppliers must support fair-trade and ethical sourcing practices to the commodity of the service provided
  • Suppliers must respect the human rights of the people and the communities in which they operate and should strive to improve the lives of the people and communities in they operate
  • Suppliers must not engage in or support trafficking in human beings
  • Suppliers must provide evidence that they have implemented due diligence procedures to manage ethical issues within their supply chain, including all labour-related processes to ensure they comply with laws on slavery and human trafficking

In addition to the requirements of the UK Equality Act 2010, ITL’s general principles are that their supply chain, contractors, and service providers must ensure that they have robust procedures to ensure that they provide disability accessible products, services and opportunities, Suppliers should:

  • Commit to removing employment barriers for disabled people
  • Provide products and services that are accessible to disable people
  • Review their products and services with the involvement of disabled people
  • Promote their commitments to disability issues externally