I have been working in Asia for the past 12 years (Shanghai, Hong Kong and Singapore since 2014) within the digital and technology space.
I have founded and run several companies in different sectors such as IT Consulting, Education, and the F&B business.
I am passionate about how to use technology as a force for good.
PALO IT changed its company vision to Harnessing the power of technology for the greater good 5 years ago.
To translate our vision into tangible actions, we needed a framework to measure our impact. We looked at several ways to benchmark our commitments and initiatives, and the B-Corp certification was the most complete and well recognized of all. Plus, we really wanted a way to marry purpose and profit. Lastly, it was quite a challenging certification that, we were sure, would bring us to the next level.
To become a B-Corp, we dedicated an entire project team (8 people part time, covering the 5 pillars) that worked extensively on this for 6 months. It took us 18 months to get the certification.
We had a strong and forward-thinking People function before the B-Corp certification. It did tremendously help us to score high in the “worker” section. Here are a few examples:
The purpose of working with NGOs and social businesses was to:
In 2021, we launched Our climate ambition strategy. It covers multiple aspects:
We followed the GHG Protocol methods to calculate our carbon emissions, and used the Scope 2 and 3 of the approach (no real estate assets or vehicules). We could accurately backtrack our data from 2019 year.
To cover all required data points, we made some assumptions and extrapolations (e.g. numbers: we used surveys, polls and sampling methods). Thus, the total emissions we got are reference points and, by no means, accurate absolute numbers. Once we collected and input the data in a massive Excel spreadsheet, we transferred the data into Toovalu Platform, which is our emissions tracking tool, offering us an analytics and reduction strategy framework.
Here are the main challenges we faced:
Our Key success factors :
Our GHG emissions calculation is a benchmark that helped us drafting and deploying a concrete reduction and offset strategy. It is now embedded in our company's overall goals.
We are currently in the process of B corp recertification, where they greatly updated the environmental pillar of the assessment, including the GHG protocol ways of carbon calculation. The fact that we followed that approach helped us to save precious time.
There are several streams that we are currently exploring and embedding into the value chain we offer to our clients:
I am proud of our team of Palowans, brilliant humans who are working towards building a greener and brighter future.
I could help them on several aspects:
Vincent kindly accepts to answer your questions.
If you need additional insights, you can send him a message.
Corporate Governance, Mission & Strategy
B-Corp, Corporate hacking
Sustainable HR Practises
Carbon Footprint & Roadmap