Page 19 - Demo

19 About Strategy and Governance Our People Our Business Our Outcome Appendix9 DKSH defines significant operations as all markets with more than 500 employees. This includes the 11 markets of Australia, Cambodia, Hong Kong, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, Thailand, and Vietnam.When revising our Sustainability Strategy, we evaluate the targets shown on the Sustainability Scorecards along with a large number of initiatives at the Group and Business Unit level. In 2023, we set a specific target for each of the initiatives undertaken to reach our Sustainability Strategy%u2019s four objectives and identified a KPI to measure progress. This helps us evaluate whether we are still on track to reaching these targets and, hence, the Sustainability Strategy%u2019s overall objectives. The targets of the initiatives are validated by the Sustainability Committee together with delegates from the Business Units and Functions. The results of this validation are approved by the heads of the Business Units, the CEO, and the Executive Committee. The close links between the Sustainability Strategy and Corporate Strategy mean that the results of the Sustainability Strategy%u2019s validation are included in the annual process of revising the Corporate Strategy, which is approved by the Board of Directors.GRI 2-24United Nations Global Compact and Sustainable Development Goals (SDGs)In 2022, DKSH signed the United Nations (UN) Global Compact to further underline our commitment to sustainability. Our company is thus committed to engaging in responsible business conduct in accordance with the Ten Principles of the UN Global Compact. These principles cover human rights, labor standards, environmental protection, and anti-corruption and are based on core United Nations conventions. The DKSH Sustainability Report outlines how we conduct business activities in line with the Global Compact%u2019s principles. DKSH also submits an annual Communication on Progress to the UN Global Compact.We also aim to make a positive contribution to the achievement of the Sustainable Development Goals (SDGs). Many of the 17 SDGs are reflected in our material topics. In particular, we focus on promoting SDGs 2, 3, 4, 5, 8, 9, and 13. Results Targets2020 2021 2022 2023 2024 2027Community engagement and social impactNumber of markets with local community projects 13 11 21 24Significant operations engaging in local community activities (%)9 80 90 100 100 100 100Outlook:%u2023 Implement our Social Impact Strategy Make a Positive Local ImpactKey achievements in 2023:%u2023 Developed Social Impact Strategy %u2023 Held our first global Patient Purpose DayPlease visit the Local Community Development chapter for more details of the Social Impact Strategy and our activities.