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News February 23, 2024

Anthill’s ESG Journey: Pioneering Sustainability in the Bulgarian Tech Sector 

Author: Valeria Djukic, Operations Lead, Anthill

As we prepare to share our series on Anthill’s commitment to Environmental, Social, and Governance (ESG) principles, we approach the subject with humility and a keen awareness of the journey ahead. Our exploration into ESG reflects our ongoing efforts and acts as an invitation to learn alongside us.  

Starting with an overview of our ESG strategy, we’ll examine our environmental practices and initiatives, social responsibility endeavors, and governance frameworks.  

This series aims to offer a transparent view into how these principles are embedded in our operations, highlighting our role in promoting a more sustainable and ethical tech industry, while acknowledging the continuous learning and improvement that such an ambitious path requires. 

What is ESG in our view? 

Environmental, Social, and Governance (ESG) encapsulates a forward-thinking approach to business, prioritizing sustainability, social responsibility, and ethical governance. For Anthill, ESG is about making decisions that, while driving profit, contribute positively to society and the planet, and reflect our core values. 

What inspired Anthill to embark on this ESG journey, and how does it align with our mission and values? 

Our journey into ESG was inspired by a desire to lead by example within the IT sector in Bulgaria — a part of the global industry often critiqued for its environmental impact and social practices. This ambition is deeply rooted in our core values of innovation, integrity, and societal impact, driven by a proactive approach to addressing the challenges posed by ESG concerns head-on. Anthill’s dedication to upholding the highest ESG standards is not merely about compliance; it’s about setting a benchmark for the industry, demonstrating our commitment to integrating environmental, social, and governance considerations into our business operations and strategic decision-making processes. 

Our preparation for the anticipated compliance with the European Commission’s Corporate Sustainability Reporting Directive (CSRD) by 2025 is a testament to our forward-thinking ethos. This initiative encompasses a comprehensive ESG Policy, including energy efficiency, waste management, employee well-being, and community engagement, as well as governance policies involving risk assessment, crisis management, and affiliations with prominent business associations. Through these guidelines, Anthill aims to not only meet regulatory requirements but exceed them, showcasing our dedication to sustainability, transparency, and ethical business practices. 

Moreover, our engagement with the Chambers of Commerce (AmCham, AHK Bulgarien, Bulgarian-Swiss Chamber of Commerce), Industry Associations (BASSCOM and BESCO) the CEE Digital Coalition underlines our commitment to industry best practices, collaborative growth, and proactive participation in shaping the business landscape. This active involvement in prominent business associations and chambers of commerce reflects our dedication to fostering a connected, secure, and digitally advanced Central Eastern Europe, enhancing our business practices and contributing to a more collaborative and progressive business environment in Bulgaria and beyond. 

Overview of Anthill’s ESG initiatives and key focus areas 

Anthill’s ESG initiatives are strategically designed to address key areas of concern and opportunity: 

Environmental Stewardship: Anthill focuses on minimizing its environmental impact through energy efficiency, waste reduction, and the promotion of sustainable practices. 

Social Responsibility: Anthill is dedicated to creating an inclusive, equitable workplace and supporting the communities in which it operates. This includes initiatives aimed at promoting diversity, ensuring employee well-being, and engaging in community development projects. 

Governance: Ethical business practices and transparency are at the core of Anthill’s governance. The company adheres to the highest standards of integrity, ensuring accountability and fostering a culture of ethical decision-making throughout its operations. 

These initiatives are integral to our mission, embodying our commitment to not just meeting but exceeding industry standards for sustainable and ethical business practices. 

Our next article will explore Anthill’s dedicated efforts in environmental sustainability, social equity, and governance excellence, showcasing our journey towards setting new industry standards.