Going Paperless and Promoting Recycling
We are making efforts to more effectively use limited natural resources and reduce our environmental impacts to assist in the creation of a recycling-oriented society. As part of our commitment to reducing paper usage we continue to digitize prospectuses, reports, forms, and other documents.
Cutting paper use by distributing digital reports and paperwork
The Westwood Group takes advantage of the widespread access to online services to increasingly distribute electronic documents and reports to clients, thereby conserving paper and reducing waste.
This saves a lot of paper as reports and many documents are mandatory for many of our products and contain many pages of detailed information. By the end of March 2019, 70% of our accounts received such documents electronically. We have also invested in online technologies which enables clients to check the status of transactions online. We are also continuing to expand the range of documents that are distributed electronically for our products and services.
Reducing office paper consumption
We are digitizing internal paper forms and reports through our application and approval system, which we launched in January 2018. Beginning in 2019, we provided all of our sales staff with access to online digitized sales and marketing tools to enhance the quality of our services and further reduce paper usage at the same time. Most of our human resource training and internal meetings also utilize online technologies as much as possible so as to reduce our reliance on traditional paper documents.
We are working to raise employee awareness of the amount of copy paper they use as part of our campaign to reduce paper consumption.
We plan to continue with our copy paper reduction initiatives and to grasp The Westwood Group’s amount of copy paper use.
We are promoting green purchasing in which we strive to minimize the environmental impact of the goods and services we purchase.
We have adopted procurement standards for paper in order to help conserve woodlands. Our office supplies request system includes designated firm’s FSC or PEFC certified copy paper as environment-friendly products and we strongly encourage the use of this type of paper as opposed to other types.
We will continue to collect and disclose group-wide environmental information and strive to raise awareness of responsible procurement across the entire group.
Promoting recycling activities
The Westwood Group is deeply committed to recycling. In FY2018, the Malaysian head office of The Westwood Group recycled 100% of the copy paper used and the waste recycling rate was 90%.
Our other business sites also committed to waste management. We encourage them to use renewable resources and raise recycling rates to reduce the environmental footprint.
As the result of our commitment, the global recycling rate of The Westwood Group in FY2018 was 85%.
Pledge to reduce plastic use
The Westwood Group has become one of the first businesses in Malaysia to pledge a commitment to reduce the use of plastic. The pledge is wide-ranging, from stopping the use of plastic straws, cups or cutlery to in-house educational programs for employees to learn about plastic usage and recycling.
The idea is to encourage re-usable containers and raise awareness of the damage caused by plastic litter, particularly along the city’s riverfront and bridges. In a phased approach The Westwood Group has already removed pointless plastic and paper cup consumables from the vend and lunch areas to address plastic pollution.