BoardPAC, the Sri Lanka founded global leader in virtual board meeting automation, has become carbon neutral, achieving a key milestone in its Environment, Social and Governance (ESG) journey.
The operations of the award-winning multinational with a presence in more than 40 countries were audited to the specifications of the ISO 14064 – 1:2018 standard and certified carbon neutral in respect of 2021 by Sri Lanka Climate Fund (SLCF), which functions under the Ministry of Environment.
A series of enterprise-wide initiatives undertaken by BoardPAC to minimise its carbon footprint included conducting a high percentage of meetings and events online, eco-friendly recycling of workplace waste, storage of files for client signups ranging from legal to administrative as soft copies to reduce paper consumption, and building awareness with team members, clients and other stakeholders, the company said. BoardPAC’s verified net Greenhouse Gas emissions were thereafter offset against an environment-friendly project.
Commenting on this latest milestone, BoardPAC Chairman Mr Vijendran Watson said: “I am pleased that the management has undertaken this initiative and become the first to be carbon neutral in the board meeting automation space. Our users who are directors of top corporates will I am sure, be happy to be using a product that has a carbon neutral certification.”
BoardPAC co-founder and CEO Ms Lakmini Wijesundera noted: “Our product is used by the boards of directors of most of the major global banks and corporations. We enable boards to have a paperless and secure method of conducting meetings and maintaining records. Currently boards are very focused on ESG and making their corporations sustainable. As a facilitator in that process, we felt it was important to be carbon neutral ourselves.”
Dr. Anil Jasinghe, Secretary to the Ministry of Environment and Chairman of Sri Lanka Climate Fund stated: “I would like to congratulate BoardPAC for embarking on and successfully achieving carbon neutral certification using the globally-accepted ISO standard. We encourage other companies in Sri Lanka to embark on this process, so we can build a sustainable IT industry.”
The Sri Lanka Climate Fund is a government-owned company established under the Companies Act No. 7 of 2007 of Sri Lanka, for the purpose of building a new low-carbon business economy and promoting low-carbon life patterns. While optimising carbon emission performance in existing facilities, SLCF explores the potential for new effective low carbon solutions through innovative strategies and collaboration with local and international markets.
BoardPAC is an award-winning, multinational, paperless board meeting automation software provider recognised for driving simple, secure, sustainable, and experiential communications for the board and executive members. The Company serves a host of fortune 500 companies worldwide, with over 50,000 users globally. Leading corporations such as Petronas, Deloitte, EY, Mercedes Benz, Prudential, Hong Leong Financial Group, Stock Exchange of Malaysia, The Reserve Bank of India, Bidcorp, Denel, Murray & Roberts, SITA, and Novus Holdings are just some of BoardPAC’s success stories. BoardPAC has also been recognised as one of Asia’s Best Workplaces 2021 and Sri Lanka’s Best Workplaces 2020/2021 by Great Place To Work®.
In Sri Lanka over 150 of the top corporate entities including John Keells, SriLankan Airlines, MAS Holdings, Bank of Ceylon, Commercial Bank, Hemas, Carsons, Softlogic, Sri Lanka Telecom, Sampath Bank, National Savings Bank, Nations Trust Bank and Merchant Bank of Sri Lanka as well as the SEC and Colombo Stock Exchange use the BoardPAC solution.