30 December 2024 – We are excited to announce the release of Loscam’s inaugural Environmental, Social, and Governance (ESG) Report! This significant milestone reflects our steadfast commitment to environmental stewardship, social responsibility, and transparent governance. Our first report showcases our progress in reducing carbon emissions, implementing sustainable practices, and strengthening our social and governance frameworks across all operations.
In our first report, it highlighted Loscam’s development and commitment of a set of 10 ESG targets that align with our three core pillars:
1. Environmental Responsibility
In 2023, we stepped up our commitment to reducing environmental impacts and efficient use of resources by setting specific environmental targets that build on our long-term goal to become a net-zero company by 2050.
2. Operational Excellence
We adhere to a people-oriented management philosophy, ensuring we attract and retain the best talent in the industry. Loscam respects and protects the legitimate rights and interests of all employees, promotes channels for internal communication, and continuously improves occupational health and safety at all our locations.
3. Innovation and Collaborative Impact
We drive sustainable growth through innovation and responsible supply chain management, actively engaging with local stakeholders to address social and environmental challenges. Our supply chain management practices are designed to ensure ethical sourcing, efficiency, and transparency, fostering a resilient and sustainable network.
To support these targets, we have established a robust ESG governance structure to meticulously track and monitor our progress. This ensures we remain accountable and transparent in our journey towards achieving these goals.
If you are interested to read our full report to learn more about our dedication to a sustainable future, please contact us at esgproject@loscam.com
Join us as we embark on this exciting journey toward a greener, more responsible future!
About Loscam
Loscam is a trusted name of providing pooling and returnable packaging solutions for use in supply chains. Operating in 12 regions throughout the Asia Pacific, Loscam is focused on delivering high-quality, innovative and environmentally sustainable solutions and fit-for-purpose systems and procedures to the local markets. This dedication has led Loscam to holding a leading market position in various sectors including manufacturing retail supply chains.
Established in 1942, Loscam operates in Australia, Hong Kong SAR, Indonesia, Mainland China, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan Region, Thailand, and Vietnam.
For further information on this media release, please contact Dora Tang (Manager, Corporate Marketing and Communication Executive) by email: editor@loscam.com