Environment, Social, Governance at PrismaLife
Our corporate responsibility
Awareness of sustainability must be raised on our own doorstep. That is why corporate responsibility applies to many areas for us: from sustainable investment products and the use of resources to an appreciation-based leadership and commitment to the community. The commitment to the community of PrismaLife is supported by the employees and their ideas. In the meantime, numerous projects have emerged out of the initial impulses of the team of employees.
Crucial to what we do: our team and our location
From Liechtenstein for Liechtenstein:
PrismaLife is committed to the country of Liechtenstein. By donating to regional institutions, the company would like to share some of its success with the people of Liechtenstein. Additional activities, among other things, for young people are planned.
How do we operate: together, consciously and with spirit
PrismaLife is made up of committed and highly qualified employees who have been with the company for a long time. To achieve this, we maintain a value-based approach to leadership that focuses on people. The team of PrismaLife operates together, consciously and with spirit
Corporate social responsibility: We operate together, consciously and with spirit
In 2018, PrismaLife therefore drew up a set of values in an intensive discussion and development process that focuses on conscious interaction with one another, with customers and with resources. The development process initiated by the Executive Board was and is supported by the commitment of the employees. PrismaLife employees and executives operate "together, consciously and with spirit" in accordance with the internal code of conduct and integrity. In late November 2019, PrismaLife was recognized as a "family-friendly company" by the government of Liechtenstein. In the category "mid-sized and large companies" of the "Great Place to Work" survey, PrismaLife convinced with its human resources policy and the very good work-life balance.
Further information on equal treatment of the genders, employment conditions, occupational health and safety, governance and corporate social responsibility can be found in our sustainability report (PDF, German version).
Environment and climate: mindful in everyday life
The sustainability strategy of PrismaLife also involves steering and, where possible, optimising the consumption of resources and the climate-related footprint from the operating activities of the company. Main influencing factors are hereby energy consumption and the associated climate-relevant emissions, especially from business travel and commuting between home and work, as well as office operations. In addition, we observe topics such as the use of paper, waste and recycling, as well as water consumption in the company.
The analysis of the main factors relevant to the carbon emissions from operations shows that the direct carbon emissions of PrismaLife in 2019 were 51.1 tonnes. The basic principle applies: reduction and innovation take precedence over compensation. Compensation is only reasonable where there is no savings option and where no process improvements are possible.
PrismaLife aims to reduce direct carbon emissions from business operations (scope 1 and 2) to 40 tonnes by 2025 and to 30 tonnes by 2030. At the same time, as of 2020, the remaining carbon emissions will be offset by supporting suitable projects, so that PrismaLife will already be operating climate neutrally as of 2020.