Our Commitment and Progress Towards a Better Future

Happy Earth Day!

We are celebrating the 50th anniversary of Earth Day by announcing some big commitments with people and the planet in mind. In late 2019, our sustainability team decided to undergo a significant transformation and focus on organizational change. We had the tools and resources to accurately report customer emissions; however, we didn't have the same tools to accurately measure our own emissions. Further, we had too much focus on the environment and not enough attention was given to social responsibility. This focus on organizational change is guiding us as we embed environmental and social responsibility beyond our service segments and into our company culture.

 

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Our First ESG Report

We were quite optimistic, entering 2020 with the completion of our first Environmental, Social, and Corporate Governance (ESG) report called FORWARDTM. The report outlines our governance, materiality matrix, the methods and technology used to measure our customer's supply chain emissions, and the data behind our own emissions. Though complications from the coronavirus pandemic slowed our progress into making organizational change, we were still able to hold our first ESG governance committee virtually. This committee is in the beginning stages of developing ways to improve our most important 2020 initiatives: data collection, reporting standards, and employee engagement.

 

ESG Goals and Targets

With our 2020 initiatives in mind, we are designing a project plan that includes participation from all departments and regions. This includes representation from all 61 branches across 28 countries. It is important for us to find employees who are passionate about sustainability so they can communicate their office's environmental and social needs and opportunities.

Tim Sether, Chief Financial Officer and ESG Executive Sponsor says, “We will continue our exploration into sustainable development, this time with a strategic commitment to aggressive climate-based goals. We hope that all employees will join us in making thoughtful decisions that positively impact the world we live in”.

To align our commitments with unified, global action, we looked to the UN-led Sustainable Development Goals (SDGs). We identified six goals that complemented our business for the greatest impact: gender equality, clean water and sanitation, affordable and clean energy, decent work and economic growth, reduced inequalities, and responsible consumption and production. We are in the UN’s Decade of Action (2020-2030), a time to take ambitious action. More governments, civil society, and businesses must mobilize to accelerate sustainable solutions to solve the world’s biggest challenges.

 

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By 2030, we plan to increase our share of offices powered through affordable and clean energy from three offices to 46. By 2025, we plan to practice more responsible consumption and production by diverting 90% of office and warehouse waste from landfills to recycling. By 2025, we will also divert 100% of food scraps from landfills to compost. By 2025, we plan to improve our gender diversity and reduce inequalities and provide more opportunities for employee development.

We will share our progress towards embedding environmental and social responsibility into our company culture through our annual ESG report, FORWARD. Follow us on social media for updates throughout the year as we share stories about the sustainable services we have already embedded into our supply chain solutions.

Take a moment to enjoy a few calming deep breaths of fresh air today. Remember the UN’s mantra: small changes can make a big difference if we all work together.

 

About OIA Global

Since its founding in 1988, OIA has grown into a $1.3 billion supply chain management leader, delivering clients a unique combination of global logistics and packaging and materials sourcing solutions. With over 1,200 professionals in 61 owned offices and a worldwide presence in 28 countries, OIA designs innovative solutions that optimize supply chains around the world. OIA is privately owned by Indianapolis-based LDI, Ltd., a family office with more than a century of experience funding and operating high potential, middle-market companies. For more information, please visit www.oiaglobal.com and https://lacydiversified.com/

OIA Global Media Contact 

Madison Erickson
Marketing Manager
T: 503 415 3454
E: madison.erickson@oiaglobal.com