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Sustainability at iFAST

Here at iFAST, we are committed to integrating the principles of sustainability into both the business operations and future corporate strategies of the Company, to ensure the long-term growth of the Company.

Sustainability Report

iFAST Corp's Sustainability Report is prepared in accordance with the Global Reporting Initiatives (“GRI”) Standards guidelines for sustainability reporting. The reporting scope is mainly focused on the Company’s Singapore operations where the Company is headquartered and founded.

Through this report, the Company seeks to track, evaluate and review our governance, social, economic and environmental performance and impact with the aim of improving current practices.

View our latest Sustainability Report

Our CSR Pillars

Charity Through Sports

Making a difference to the community whilst encouraging healthy living for employees

Cultivating Financial Literacy

Promoting financial literacy among investor community and the general public with our research expertise

Caring for Community

Doing our part to give back to the society through corporate giving, employee volunteering and partnerships

Conserving the Environment

Engaging in responsible and ethical practices and taking pro-active steps to care for our environment

Sustainability Strategy

iFAST Corp’s sustainability strategy is based on its three core values: Integrity, Innovation and Transparency, and is guided by its mission ‘To help investors around the world invest globally and profitably’.

Sustainability & ESG Focus

A clear recognition of ESG material issues helps the Company identify and develop relevant measures to ensure business sustainability and ESG conformity.

In FY2023, the Company has further streamlined its sustainability strategy into four core ESG strategies covering four key stakeholder groups:

  • Customers
  • Investors
  • Employees
  • Communities
  • As well as four material issues group:

  • Innovation
  • Cybersecurity
  • Compliance
  • Sustainability
  • Since the early days, the Company has focused on these aspects including pricing transparency, independent research, technological innovation, and building robust IT systems, which formed the cornerstones of its strong foundation in building a sustainable business model.

    iFAST Corp has identified seven Sustainable Development Goals (SDGs) out of the 17 SDGs initiated by the United Nations where the Company is able to make meaningful contributions. These SDGs either correspond to certain aspects of the Company’s operations, or are relevant to the four Corporate Social Responsibilities (CSR) pillars established by the Company.

    These are some of the initiatives undertaken by the Company to achieve the seven identified UNSDGs:

  • No Poverty
  • Zero Hunger
  • Good Health and Well-Being
  • Quality Education
  • Decent Work and Economic Growth
  • Reduced Inequalities
  • Climate Action
  • iFAST Corp remains committed in its engagement with stakeholders through various channels to better understand and address their ESG-related concerns, while monitoring how the Company’s operation has impacted them.

    Stakeholder Group Engagement Goals
    • Provide investors with up-to-date information and research as well as create a user-friendly platform that facilitates secure transactions.
    • Talent retention, and to ensure company values and new developments are communicated to new and existing employees;
    • Promote healthy living and help employees kick-start their own investments.
    • Maintain compliance with applicable laws and stipulated guidelines through clear policies and processes.
    Product Providers
    • Ensure the interests of investors, customers and product providers are safeguarded and that the values of external vendors align with that of the Company.
    • Provide iFAST research teams' views to the investor community at large; ensure proper dissemination of relevant information and clarification of questions pertaining to any events regarding the Company.
    • Ensure timely disclosure of substantial information relating to share prices and to provide ease of communication with the Company.
    NGOs/CSR Partners/ Communities
    • Give back to society, and enabling customers to do so with their investment gains.

    Sustainability Working Group

    • Responsible for sustainability reporting and monitoring of ESG-related issues, including constructing a sustainability framework and supporting the reporting process.
    • Led by the Chief Sustainability Officer, and consists of members from the Corporate Communications department, with members from the Senior Management team providing guidance and insight.

    Determining Material ESG Issues

    The Sustainability Working Group gathers feedback, expectations, and concerns from stakeholders through various existing engagement channels, before evaluating the materiality of their issues and eventually identifying the relevant data to track for some of the material ESG issues.

    Material ESG issues identified during the process will be reviewed to determine the significance of impact and to evaluate if current ESG-related initiatives are sufficient or if further actions are required.

    Subsequently, material ESG factors are presented to the Senior Management and the Board for evaluation, and if necessary, advice and guidance will be provided with the aim of improving current practices.

    ESG Themes

    The material ESG issues of iFAST Corp are categorized into four main themes across the Social, Economic, Governance, and Environmental spectrum, as seen in the chart below. Subsequently, these issues are plotted in the Materiality Matrix chart based on impact level on both stakeholders and iFAST Corp.