Landmark Group Launches Inaugural Sustainability Report
Landmark Group has unveiled its inaugural sustainability report outlining the company’s efforts to promote Environmental, Social and Governance (ESG) best practices across its businesses in the Middle East and India.
The report highlights the Group-wide sustainability initiatives developed in alignment with the United Nations’ Sustainable Development Goals and in accordance with the Global Reporting Initiative (GRI) Standards.
In 2017, the Group engaged in an organization-wide effort to identify key issues that are important to the Group’s sustainability journey which led to the launch of a first-of-its kind Landmark Happiness Movement impacting 55,000 employees across Middle East and India.
Over the last two years, the company has rolled out several initiatives with an aim to establish greater trust and engagement amongst all its stakeholders and ensuring a positive impact on the environment.
Commenting on the launch of the Group’s first sustainability report, Renuka Jagtiani, Chairwoman and CEO, Landmark Group, said: “At Landmark Group, we have always been invested in the future. We believe in looking ahead to build today to achieve tomorrow. As we continue to evolve, the sustainable development of both people and the environment is crucial. Our first Sustainability Report details the steps we have taken across our organization, towards our sustainability journey. These priorities are aligned to the United Nations Sustainable Development Goals (SDGs) as well as national agendas in the geographies where we operate. It’s early days in our sustainability journey and we are committed to continue strongly on this path.”
The report highlights the Group’s commitment to its People - through engagement, diversity & inclusion, L&D practices, health and safety standards; its Partners - through Landmark Group’s Code of Business Conduct and Ethics, Partner assessments and a Centralised Procurement system; the Environment through energy and carbon footprint reduction, water saving initiatives and waste management; for its Customers through a robust loyalty programme, using data analytics to serve customers better and omni-channel practices; and towards the Community – through initiatives like the Beat Diabetes and partnerships with some of the region and India’s prominent non-profit organisations.
These support the UN Sustainable Development Goals, notably SDG 2 (Zero Hunger), 3 (Good Health and Well-being), 4 (Quality Education), 5 (Gender Equality), 7 (Affordable and Clean energy), 8 (Decent Work and Economic Growth), 9 (Industry Innovation and Infrastructure) 10 (Reduced Inequalities) and 12 (Responsible Consumption and Production). [For details, please refer to excerpts of the report attached as annexure].
The Landmark Group began its journey in 1973 with one store in Bahrain and has grown into one of the largest retail and hospitality conglomerates in the Middle East, Africa and India. Currently the Group operates over 2,300 outlets, encompassing over 30 million square feet across 22 countries.