WELL Announces ESG Program as an Integral Part of its Growth Strategy; Demonstrating a Commitment to People, Diversity, Inclusion, Equity and Data Privacy & Security PRNewswireWELL Announces ESG Program as an Integral Part of its Growth Strategy; Demonstrating a Commitment to People, Diversity, Inclusion, Equity and Data Privacy & Security PRNewswireWELL Announces ESG Program as an Integral Part of its Growth Strategy; Demonstrating a Commitment to People, Diversity, Inclusion, Equity and Data Privacy & Security PRNewswire
Impact Investing Forum 2024
https://impactinvestingconferences.com/
Online Event. Nov 06-07, 2024.
Book Now!
WELL Health Technologies Corporation, Oct 15, 2021, 07:00 ET WELL launches an ongoing ESG strategy, reporting initiative, engages KPMG LLP and establishes an ESG Committee. WELL will take targeted steps to continue to support diversity and equity in the workplace. WELL is committed to ensuring the privacy and security of patient data through its risk management processes. WELL will continue its efforts to reduce environmental impacts by using its own digital and virtual solutions throughout the health continuum. VANCOUVER (BC), Oct. 15, 2021/PRNewswire/ — WELL Health Technologies Corp. (TSX : WELL) (the “Company” or “WELL”) is a company that focuses on improving health outcomes through the use of technology to empower healthcare professionals and their patients around the world. Today, WELL announced its commitment to ESG excellence, supported by corporate governance. WELL also announced the creation of an ESG Committee chaired by Shane Sabatino (the Company), and a partnership with KPMG LLP (“KPMG”) to further develop and report on its ESG strategy, objectives, and initiatives to increase long-term shareholder values. “WELL’s ESG strategy is not a ‘tick-the-box’ exercise. WELL is a purpose-driven company that strives to improve the world. It’s this shared commitment that unites our partners, practitioners, shareholders, and team. Hamed Shahbazi is Chairman and CEO of WELL. He says, “After a long search for the right partner, it was a pleasure to work with KPMG on our ESG programme. We look forward to achieving our quadruple bottom-line objectives and making WELL shareholders and stakeholders proud of the company’s positive impact on patients and the wider environment. WELL’s ESG strategy will support the following goals and initiatives. Environment WELL’s focus on leveraging the multi-purpose digital platform and its virtual healthcare capabilities to reduce healthcare’s environmental footprint. This results in a reduction in our patients’ carbon emissions and waste from visits to clinics. WELL’s M&A strategy is based on sustainability. Resource efficiencies are achieved within acquired companies by thoughtful streamlining global supply chains. Social WELL maintains its unique decentralized operating philosophy. Its purpose-driven business model is focused on improving outcomes for patients. This includes providing technology that improves the reliability, accuracy, and safety of healthcare services. WELL’s virtual healthcare capabilities allow for greater access to healthcare for those who are unable to travel, such as rural residents. WELL’s culture is centered on diversity and inclusion with a focus of equity and inclusivity. WELL also has initiatives that promote health and wellness for its team members. WELL is committed to diversity and inclusion of its team members and management team. It also values the unique perspectives of each member of the team. WELL encourages civic engagement from its team members and is proud of its support for such volunteer activity even during work hours. Governance WELL has an independent board, with a majority independent directors. WELL empowers business unit leaders to manage and drive operations. The company has created a shared services architecture to support and ensure high standards of risk management within business units in key areas like security, privacy, culture, and financial reporting. WELL’s most important ESG initiatives is patient record privacy and data security. Each business unit has a dedicated person responsible for risk assessments and accountability. WELL frequently raises the security and privacy standards of its acquired businesses. All members of the team receive cybersecurity training. Management is a leader with integrity. They share a common goal to empower practitioners and improve patient outcomes. Shane Sabatino, Chief People Officer, says, “We believe that our organization is an instrument for doing good in the local community. This creates a positive cycle that generates more momentum for our organization as a result of our positive impact. It is truly a win-win situation. Our ESG pillars will help to achieve the larger picture and broader societal goals. This will ensure that WELL attracts and retains top talent while also responding to the needs of our team members. He says, “Early, we established our ESG committee. We knew that we would provide ongoing ESG reports for our stakeholders. Through this process, we will continue identifying our ESG pillars. We will remain transparent in reporting for the greater good.” WELL HEALTH TECHNOLOGIES COMPANY. Per: “Hamed Shahbazi.”
Hamed Shahbazi
Chief Executive Officer, Chairman and Director About WELL Health Technologies Corp. WELL is a technology enabled healthcare company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL’s own omni-channel patient services offerings. As such, WELL owns and operates Canada’s largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol “WELL” and is part of the TSX Composite Index. To learn more about the Company, please visit: www.well.company. Forward-Looking Information This news release may contain “Forward-Looking Information” within the meaning of applicable Canadian securities laws, including, without limitation: information regarding the expected benefits of the ESG Program. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking information generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. WELL’s statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL ‘s control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. SOURCE WELL Health Technologies Corp. Related Links https://www.well.company/
Modal title WELL’s CRH Medical Completes Majority Stake Acquisitions of Two… WELL health Completes Majority Stake Acquisition of WISP, a…