Sustainability
A sustainable business is one that operates within the ecological and resource constraints necessary to limit global warming to two degrees Celsius, in alignment with international climate targets. Such a business takes proactive measures to reduce its negative impact on environmental externalities, which are increasingly regulated by evolving legal frameworks aimed at mitigating climate change and environmental degradation.
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- Resource Efficiency, Waste Management and Emission Reduction:
- Minimizes energy and water use, reduces waste, and lowers greenhouse gas emissions through efficient processes and sustainable practices.
- Ensures appropriate Waste Management through Pollution Board authorized recyclers.
- Explores Investment in renewable energy sources and adopts circular economy principles to enhance resource efficiency.
- Resource Efficiency, Waste Management and Emission Reduction:
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- Compliance with Environmental Regulations:
- Stays ahead of legal requirements by implementing practices that meet or exceed current and future environmental regulations.
- Monitors and adapts to changes in environmental policies and standards at local, national, and global levels.
- Compliance with Environmental Regulations:
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- Adaptation to Global Megatrends:
- Recognizes and responds to global megatrends such as climate change, resource scarcity, technological advancements, and shifting consumer preferences.
- Develops resilience to environmental and economic shocks by diversifying supply chains, adopting flexible business models, and fostering innovation.
- Adaptation to Global Megatrends:
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- Stakeholder Engagement and Transparency:
- Engages with stakeholders including customers, employees, suppliers, and communities to build trust and foster collaborative efforts towards sustainability.
- Maintains transparency in reporting environmental impact and sustainability performance, through Annual reporting in Company website.
- Stakeholder Engagement and Transparency:
- Long-term Value Creation:
- Focuses on creating long-term value for shareholders and society by balancing economic growth with environmental stewardship and social responsibility.
- Incorporates sustainability into core business strategies, decision-making processes, and corporate governance.
By integrating these principles, a sustainable business not only contributes to the global effort to mitigate climate change but also ensures its own longevity and competitiveness in a rapidly changing world.