Corporate Social Responsibility (CSR) Policy  

Prism Digital Signage, a division of Eflyn Electronics Ltd., is committed to being a responsible corporate entity, contributing positively to society and the environment while maintaining ethical business practices. This Corporate Social Responsibility (CSR) policy outlines our approach to sustainability, social accountability, and ethical practices in all aspects of our business.

1. Introduction

Prism Digital Signage believes that business success is closely linked to corporate responsibility. As a global leader in digital signage and interactive technology, we understand our role in contributing to the well-being of communities, the environment, and the ethical treatment of all stakeholders. This policy outlines our commitment to sustainability, diversity, ethical conduct, and corporate governance.

2. Our CSR Pillars

2.1 Environmental Sustainability

At Prism Digital Signage, we strive to reduce our environmental footprint by adopting eco-friendly practices and solutions. We are dedicated to the following efforts:

• Sustainable Product Design: We ensure our products are designed with minimal environmental impact, using energy-efficient components, recyclable materials, and eco-friendly packaging.
• Waste Reduction: We minimize waste production during manufacturing, installation, and throughout the product lifecycle. Proper recycling and disposal mechanisms are in place for electronic components.
• Energy Efficiency: We strive to reduce our energy consumption across all operations and ensure that our products, such as digital signage and kiosks, are energy efficient.
• Carbon Emission Reduction: We monitor our carbon footprint and have set long-term goals to reduce emissions from our operations, including logistics, distribution, and travel.

2.2 Social Responsibility

Our business is built on the principles of fairness, inclusion, and respect for all stakeholders. We actively contribute to social progress through:

• Diversity and Inclusion: We promote a diverse and inclusive workplace, respecting the individuality of our employees, customers, and suppliers. Prism Digital Signage does not tolerate discrimination of any kind and promotes equal opportunities for all.
• Employee Well-Being: We prioritize the health, safety, and well-being of our employees by providing safe working conditions, competitive compensation, and opportunities for professional development.
• Community Engagement: We actively engage in philanthropic efforts, supporting community programs, educational initiatives, and charitable organizations that align with our mission of social betterment.
• Ethical Labor Practices: We are committed to fair labor practices and comply with all laws and regulations regarding wages, working hours, and labor conditions. We work with suppliers who share our commitment to ethical labor practices.

2.3 Ethical Business Practices

Prism Digital Signage is committed to conducting business with the highest ethical standards. Our core practices include:

• Integrity in Business: We operate transparently, with honesty and integrity in all our business dealings, ensuring fair treatment of customers, suppliers, and partners.
• Anti-Corruption and Bribery: We enforce a strict zero-tolerance policy against corruption and bribery. Our employees and partners are required to comply with anti-bribery laws and follow the company’s code of ethics.
• Data Privacy and Security: As a technology company, we take data privacy and security seriously. We comply with global data protection laws and ensure that our customers’ and users’ personal information is safeguarded at all times.
• Fair Competition: We support fair competition and abide by laws regulating antitrust and competition. We believe in the principles of fair trade and are committed to fostering an open and competitive marketplace.

2.4 Corporate Governance

Effective governance is essential to ensure that we uphold our CSR commitments. Our corporate governance practices include:

• Transparency and Accountability: We ensure transparency in our operations, regularly reporting on CSR performance and adhering to regulatory standards.
• Board Oversight: Our leadership team is responsible for integrating CSR into business decisions, ensuring that our operations align with sustainable and ethical principles.
• Compliance with Regulations: We comply with all applicable laws, regulations, and standards related to our industry, products, and services, both locally and internationally.

3. CSR Implementation

Prism Digital Signage has implemented a structured approach to managing and monitoring our CSR efforts:

• CSR Team: A dedicated team oversees our CSR strategies and ensures they are integrated across the organization. The team reports progress to senior leadership and stakeholders.
• Employee Involvement: We encourage employees to engage in volunteer programs and CSR initiatives, fostering a culture of responsibility and collaboration.
• Supplier Code of Conduct: We expect our suppliers to adhere to the same CSR values that we uphold. Suppliers are required to meet our environmental, social, and ethical standards.

4. Measuring and Reporting CSR

We are committed to measuring the impact of our CSR activities and continually improving our performance:

• CSR Metrics: We use measurable goals and key performance indicators (KPIs) to track our environmental, social, and governance performance.
• Annual CSR Report: We publish an annual CSR report to provide transparency on our progress and highlight the impact of our initiatives. This report is shared with stakeholders, including employees, customers, investors, and the public.

5. Future Commitments

As we move forward, Prism Digital Signage remains committed to:

• Expanding our use of sustainable materials and reducing our environmental impact.
• Increasing employee participation in community outreach programs.
• Developing further partnerships with suppliers who share our ethical and environmental values.
• Continuing to innovate and adopt technology solutions that benefit society and the planet.

6. Conclusion

Prism Digital Signage believes that being a responsible corporate citizen is essential for long-term success. Our Corporate Social Responsibility policy is a testament to our commitment to creating a positive impact on society and the environment, while maintaining the highest standards of ethical conduct. Through continuous improvement and accountability, we aim to make a meaningful contribution to the world around us.