Communication on Progress

Communication on Progress

Participant
Published
  • 07-Apr-2021
Time period
  • April 2020  –  April 2021
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • STATEMENT OF CONTINUED SUPPORT BY THE CHIEF EXECUTIVE OFFICER
    02.04.2021

    I am pleased to confirm that Powercode reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Economic Growth, Innovations and Infrastructure, and Steady Development.
    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture, and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.

    Sincerely yours,

    Bohdan Semenov

    CEO

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • No answer provided.
  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • - The ability to work remotely from anywhere in the world: provision of the necessary technical equipment, inventory, and compliance with sanitary standards for the improvement of the workplace.
    - Protecting company employees from all forms of harassment in the workplace.
    - Regularly receiving feedback about work conditions in the company from employees, opinions and suggestions of each are taken into account.
    - Gender equality. More than 30 percent of the company's employees are women. They hold various positions, including C-level executives.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • - The online supermarket, developed by Powercode, has delivered about 10,000 products in eco-friendly packaging.
    - A grant from Powercode company made it possible to create a free information portal for the monitoring of coronavirus for the Ministry of Health of Ukraine.
    - About 50 new jobs have been created.
    - Participation in the Dobrorun charity run raised more than 1 million hryvnias to help children with cancer.
    - Invested $ 50,000 in a Ukrainian startup in the sports sector.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • No answer provided.
  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • - Extended social package for Powercode employees: advanced training, free foreign language courses, attendance at specialized conferences, subscription to sports sections, corporate events.
    - Employee adaptation in the first months of work: financial, psychological, and professional support for new employees from the HR team.
    - Assistance in relocating a specialist to another city or country: financial support, assistance in paperwork.
    - A transparent system of remuneration (according to the legislation), compliance with the minimum wage.
    - Exclusion of the company's involvement in any form of forced or bonded labor.
    - Flexible working hours with the provision of vacation and sick days.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • - The online supermarket, developed by Powercode, has delivered about 10,000 products in eco-friendly packaging.
    - A grant from Powercode company made it possible to create a free information portal for the monitoring of coronavirus for the Ministry of Health of Ukraine.
    - About 50 new jobs have been created.
    - Participation in the Dobrorun charity run raised more than 1 million hryvnias to help children with cancer.
    - Invested $ 50,000 in a Ukrainian startup in the sports sector.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • No answer provided.
  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • - The use of environmentally friendly tableware in the company's offices.
    - Minimizing the use of chemical and other hazardous substances at work.
    - Development of our own online store that delivers grocery goods in eco-friendly packaging.
    - Regular inspection of working equipment and application of the environmental protection system (water treatment, waste sorting, growing plants in the office).

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • - The online supermarket, developed by Powercode, has delivered about 10,000 products in eco-friendly packaging.
    - A grant from Powercode company made it possible to create a free information portal for the monitoring of coronavirus for the Ministry of Health of Ukraine.
    - About 50 new jobs have been created.
    - Participation in the Dobrorun charity run raised more than 1 million hryvnias to help children with cancer.
    - Invested $ 50,000 in a Ukrainian startup in the sports sector.

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • No answer provided.
  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • - Strict compliance with the law.
    - Incorporation of anti-corruption and/or ethical conduct rules in contracts with business partners.
    - Compliance with the company's mission with prescribed internal anti-corruption rules.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • - The online supermarket, developed by Powercode, has delivered about 10,000 products in eco-friendly packaging.
    - A grant from Powercode company made it possible to create a free information portal for the monitoring of coronavirus for the Ministry of Health of Ukraine.
    - About 50 new jobs have been created.
    - Participation in the Dobrorun charity run raised more than 1 million hryvnias to help children with cancer.
    - Invested $ 50,000 in a Ukrainian startup in the sports sector.