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Home»Expert View»ESG: Environmental, Social and Governance
Expert View

ESG: Environmental, Social and Governance

By Mr. Satinder Chawla, Managing Director, Span Floors
By adminDecember 31, 2022
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The world, as we can see, is faced with certain challenges. We have a situation regarding global warming and changing weather patterns, we have another situation where materially we have grown exponentially but morally there has been a not so good change in terms of deteriorating values.  Talking about education, we are producing hoards of unemployable youth who, lacking skills, are unable to contribute as much as they could have or worse may turn to a life of crime to fulfill their desires. And so on. While the picture may look bleak if we put our attention solely on the problems, the moment we turn to solutions, we find many who realize that these situations need handling and are putting their shoulders to the wheel.

At Span floors, it is our thought that the only sustainable way to create wealth is by adding value to people’s lives. Accordingly, our ESG plan is simple:

Environmental Impact – We break this up into 2 parts – First is the impact on the indoor building environment and the other is the impact of the building on the outside world. Talking about indoors, we look at the impact wood floors have on the indoor air quality. This basically looks at the type of chemicals used to manufacture and finish the floors and the emissions from them. As regards the outdoor impact, it comes from how and where the wood has been sourced from. Since this planet is our home, being in the wood flooring & facades sector, we take full responsibility for being a part of this family. Our customers are looking to create beautiful homes and for that they need such materials. It is our policy that besides providing them with the needed materials (wood floors, decks and facades), we also take each opportunity to educate our customers, architects, designers, builders, contractors on these issues and give them tools to objectively evaluate the quality of various options available in the market. We conduct regular training sessions, webinars, and YouTube videos for the industry participants where we talk in depth about these in a simple manner so that they can connect it with their day to day lives and can apply the data learnt. Our internal staff training is accordingly designed too and the team feels happy in the knowledge that whatever work they are doing within the organization, it in some manner, contributes to solving the problem rather than enhancing it and at the same time helps them economically. 

Social – The education initiative with regards to materials as explained above does contribute to being classified as a social action. However, we go beyond. Regular trainings are conducted for our staff where we work with each individual to create an individual training plan. These trainings, while educating them on how to do each of the actions within their job profile better so that it delivers fullest value, also at the same time, handles their study related capability. We use something called “The Technology of Study” which teaches the correct way to study anything so that the data can be fully grasped and applied to produce the desired results. This itself produces a lot of beneficial change in an individual and he learns that it is possible to study and learn any skill and master it so that the desired value can be provided to the organization and society and income earned which is fully deserved. 

Governance – Being an SME, we take pride in the fact that our mutual actions as an organization contribute to nation building. While in this age and time, it might be thought that nation building is only talked about because it looks good, we do not feel so at Span Floors. We understand that we can only grow to the extent that India and Indians grow. So it makes sense that we follow the rules that lead to the greatest good for the greatest numbers.

This includes Customer satisfaction as top priority and the first Policy. Our team as whole understands that and know that their incomes are ultimately derived from the consumer who chooses to trust the Span Floors brand and gives us an opportunity to help them in their goal of making a beautiful home. They also understand that our customers earn their income through hard work and it is our responsibility to give them full value by giving them wood floors, facades and decks that not only look good and are durable but also contribute to good health in terms of product emissions as well as a positive impact on the general environment. 

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ESG:Environment Governence indoor building environment product emissions Small & medium Enterprise Social SPAN FLOORS
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