iFAST Corporation | Sustainability at iFAST

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

Our Sustainability Report sets out how iFAST integrates sustainability into our strategy, operations and governance. Oversight is provided by the Board and management, supported by a Sustainability Working Group that coordinates ESG reporting and initiatives across the Group. Each year we engage stakeholders and conduct a materiality assessment to identify the ESG topics and climate-related risks most relevant to our business. The report is prepared with reference to the GRI Standards and SGX requirements, with climate disclosures aligned to IFRS S2.

We welcome feedback on this report and any aspect of our sustainability performance. Please address all feedback to iFAST at ir@ifastfinancial.com.

View our latest Sustainability Report

Our Four Corporate Social Responsibility Pillars

At iFAST, our community efforts are guided by four Corporate Social Responsibility (CSR) pillars that provide a clear framework for how we contribute to society and drive positive social and environmental impact across our markets. These pillars have long shaped our approach to community engagement and continue to anchor our sustainability commitments:

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

Find out more

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.

In addition, we have aligned our sustainability framework with 8 of the 17 United Nations Sustainable Development Goals (UNSDGs). These goals have been integrated into our core ESG strategies, guiding our efforts toward positive impact and long-term sustainable growth, and aligning closely with our 4 CSR pillars:

No Poverty

Zero Hunger

Good Health and Well-Being

Quality Education

Decent Work and Economic Growth

Reduced Inequalities

Climate Action

Life on Land

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
Customers	Provide investors with up-to-date information and research as well as create a user-friendly platform that facilitates secure transactions.
Employees	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.
Regulators	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.
Media	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.
Shareholders/Investors/Analysts	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.

Ensuring Compliance; Ensuring Sustainability

The financial industry is rapidly evolving, and current rules and guidelines require constant reviews to keep up with the ever-changing demands of the industry and the regulatory environment. iFAST Corp is committed to stepping up its effort to ensure the corresponding regulations are duly complied with, in order to achieve long term sustainable growth for the Company.

Engaging Customers; Enabling Investors

Guided by the mission statement “to help investors around the world invest globally and profitably”, investment related research and content have been made publicly available for customers as the Company believes investor education and financial knowledge are crucial to investing successfully.

Embracing Innovation; Enforcing Cybersecurity

Powered by in-house IT expertise, iFAST Corp has been able to enhance its products and services as well as various user platforms. It also upholds a high degree of Cybersecurity and IT security of its online platforms to safeguard its stakeholders’ interests.

Empowering Employees; Enriching Communities

The Company is also committed to cultivating and maximising the potentials of its employees through the various policies that it has put in place to continuously motivate them to achieve greater heights. It is also committed to taking an active role in making a positive impact to the community. This also involves its employees lending a helping hand to the less-well-off in the community via different volunteering activities.