DRIVING CHANGE FOR THE BETTER

There is a growing sense of urgency within the automotive industry for us to address a variety of environmental and social initiatives while improving our corporate governance. Markdom is doing its part to foster a more sustainable and socially responsible world through a commitment to transparency and accountability across a wide and comprehensive range of Environmental, Social and Governance (ESG) practices.

ENVIRONMENT

Markdom is committed to sustainable and responsible business practices that minimize our environmental impact, promote conservation, and contribute to a greener and more sustainable future.

RESOURCE CONVERSATION

Markdom is committed to conserving natural resources, including water, energy, and raw materials, by implementing efficient processes and practices.
WASTE REDUCTION & RECYCLING

We will minimize waste generation and promote recycling, reuse, and responsible disposal practices within our operations.
ENERGY EFFICIENCY

We will strive to reduce energy consumption and promote the use of renewable and clean energy sources where feasible.
EMISSION REDUCTION

We will work to reduce greenhouse gas emissions by implementing energy-efficient technologies and transportation alternatives.
SUSTAINABLE PROCUREMENT

We will consider environmental sustainability criteria when selecting suppliers and products, with a preference for those with eco-friendly and sustainable certifications.
ENVIRONMENTAL COMPLIANCE

Markdom will comply with all applicable environmental laws, regulations, and standards in all jurisdictions where we operate.
ENVIRONMENTAL AWARENESS

We will provide training and awareness programs to employees to promote environmentally responsible behaviour and practices.
REPORTING & TRANSPARENCY

We will maintain transparency in our environmental sustainability efforts by regularly reporting our progress, achievements, and challenges to stakeholders and the public.
MARKDOM OFFICIAL ENVIRONMENTAL POLICY

CONFLICT MINERALS POLICY

Markdom has implemented a Conflict Minerals Policy that prohibits human rights abuses associated with the extraction, transport or trade of minerals. We support the goal of the Dodd‐Frank Act of preventing armed groups in the Democratic Republic of the Congo (DRC) and adjoining countries from that region.

 

We recognize the need to end the illegal extraction and trade of natural resources, and the associated human rights violations, conflict and environmental degradation which result from this trade. These issues are in a critical state in the region of the Democratic Republic of Congo as a result of certain unlawful practices in the extraction and trade of ores of tantalum, tin, tungsten and gold, which flow to world markets (including the automotive industry) through the DRC region.

 

We are taking the following actions to increase transparency, ensure responsible procurement, and drive positive changes:

HUMAN RIGHTS ABUSES

We prohibit human rights abuses associated with the extraction, transport or trade of minerals. We also prohibit any direct or indirect support to non‐state armed groups or security forces that illegally control or tax mine sites, transport routes, trade points, or any upstream actors in the supply chain.
CORRUPTION, MONEY LAUNDERING & BRIBERY

We do not tolerate corruption, money laundering and bribery. We require the parties in our supply chain to agree to follow the same principles and are working with our supply chain to improve the traceability of minerals and ensure responsible sourcing.
REVIEW & AUDIT OUR SUPPLIERS

In order to comply with the rules and regulations promulgated by the U.S. Securities and Exchange Commission (“SEC”) under Section 1502 of the Dodd‐Frank Wall Street Reform and Consumer Protection Act, we will review and audit our sourcing supply chain to identify any minerals that may qualify as “conflict minerals” under the SEC rules.
Expectations

Markdom has the following expectations of its suppliers of components for products that we manufacture or for products that we contract with them to manufacture:

  •  We expect our suppliers to promptly, completely and accurately respond to our informational requests with respect to the production of such products, including by completing and delivering the Conflict-Free Sourcing Initiative Conflict Minerals Reporting Template or similar survey when asked to do so.
  • We expect our suppliers to implement policies and management systems to support compliance with these expectations and require their upstream suppliers to adopt similar policies and systems.
  • We expect our suppliers to cooperate in the event we determine that any further inquiry or due diligence is required or advisable with respect to the supply of 3TG in any such products.

If we determine that a supplier may be violating this policy, we may require them to commit to and implement a corrective action plan within a reasonable timeframe, or we may terminate our business relationship with such supplier.

 

We maintain a database of material composition information for all our products which allows us to identify suppliers that use tin, tantalum, tungsten and/or gold in their products. Material composition data along with information gathered from suppliers, industry initiatives (e.g. Conflict-Free Smelter program), and other available sources are used to assess risks of non-compliance to this policy.

 

MARKDOM OFFICIAL CONFLICT MINERALS POLICY

DIVERSITY & INCLUSION

We believe diversity and inclusion drive business, performance and innovation. It stretches beyond gender and all our employees are to be treated equally.

 

We promote a workplace free of discrimination and harassment due to individual characteristics such as gender, age, physical, psychological, religion, disability, sexual orientation or ethnic origin. Physical, psychological, religious, sexual or verbal harassment is not accepted.

 

Inclusion is fundamental to our culture and we believe that everyone should be respected and treated fairly. Our Inclusion and Accessibility Policy is supported by our policies, procedures and education. A list of our Inclusion & Accessibility policies is as follows:

  • Accessibility Ontario Disability Act (AODA) Policy 
  • Integrated Accessibility Standards Policy (IASR) Policy 
  • Non-Discrimination Policy 
  • Fair & Equal Treatment Policy 
  • Disconnecting from Work Policy 
  • Child & Forced Labor Prevention Policy 
  • Human Rights Policy

HEALTH & SAFETY

MARKDOM OFFICIAL H&S POLICY

INCLUSION & ACCESSIBILITY​

MARKDOM OFFICIAL AODA POLICY

MARKDOM OFFICIAL IASR POLICY

NON-DISCRIMINATION​

MARKDOM OFFICIAL NON-DISCRIMINATION POLICY

GOVERNANCE

The United Nations Global Compact (UNGC) is a commitment that urges businesses worldwide to adopt sustainable and socially responsible policies while reporting on their implementation.

 

At Markdom, our goal is to promote the ten principles depicted in the pie chart below. We are dedicated to incorporating the UNGC and its principles into our business strategy, corporate culture, and daily operations.

 

We support the UNGC with the following:

HUMAN RIGHTS
  • Human Rights Policy
  • Child and Forced Labour Prevention Policy
  • Supplier Performance Expectations
LABOUR STANDARDS
  • Fair and equitable wages
  • Prohibit forced labour, child labour and human trafficking
  • Promote a workplace free of discrimination and harassment
  • Promote a workplace free of violence
  • Freedom of association and collective bargaining
ENVIRONMENT
  • Environmental Sustainability Policy
  • Conflict Minerals Policy
  • Climate Action Plans
ANTICORRUPTION
  • Anticorruption and Anti-Bribery Policy
  • Conflict of Interest Policy
  • Antitrust and Competition Laws
  • Mandatory Trainings
MARKDOM CHILD & FORCED LABOUR IN SUPPLY CHAINS ASSESSMENT
MARKDOM OFFICIAL CHILD & FORCED LABOUR PREVENTION POLICY
MARKDOM OFFICIAL CODE OF CONDUCT & ETHICS
MARKDOM OFFICIAL HUMAN RIGHTS POLICY
MARKDOM OFFICIAL SUPPLIER CODE OF CONDUCT & ETHICS
UN-GLOBAL-chart

MARKDOM ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT

OUR VISION

To serve the needs of our customers, produce quality products and support employees’ development. Key to our performance in these areas is an equally strong commitment to doing business ethically and with integrity.

OUR ETHICAL COMMITMENT

To build a culture with high ethics that will outline our policies, laws, procedures and standards that impact our business. Each of us has a responsibility and duty to behave ethically and legally, but most importantly, we should lead by example We value our customers, employees and company; therefore, we are committed to conducting our daily activities with integrity, fairness and excellence.

OUR KEY BEHAVIOURS
CUSTOMERS

Serve our customers with the respect and value they deserve.
EMPLOYEES

Ensure a positive and diverse working environment where all employees respect each other equally, value their contributions and treat each person fairly.
QUALITY

Provide excellent service and quality products.
ENVIRONMENTAL

Minimize our environmental impact, promote conservation, and contribute to a greener and more sustainable future.
MARKDOM OFFICIAL FY23 ESG REPORT