Environmental, Social & Governance (ESG) Policy
1. Purpose
The purpose of this Environmental, Social, and Governance (ESG) Policy is to articulate QUISTOR’s commitment to sustainable and responsible business practices. This Policy outlines our principles and guidelines for incorporating ESG considerations into our decision-making processes, operations, and corporate culture.
2. Scope
This Policy applies to all employees, contractors, vendors, partners, and stakeholders associated with QUISTOR. It encompasses our environmental, social, and governance practices across all aspects of our business activities.
3. Environmental Responsibility
Environmental sustainability is a fundamental aspect of our business ethos. We commit to:
• Compliance: Comply with all applicable environmental laws and regulations in the regions where we operate.
• Resource Efficiency: Continually strive to reduce resource consumption, waste generation, and greenhouse gas emissions in our operations.
• Sustainable Practices: Promote sustainable procurement, product design, and supply chain practices to minimize environmental impacts.
• Conservation: Support initiatives to conserve biodiversity, protect natural habitats, and reduce environmental degradation.
4. Social Responsibility
We are dedicated to promoting positive social impacts and fostering a diverse, equitable, and inclusive workplace. We commit to:
• Diversity and Inclusion: Foster a diverse and inclusive workplace that values difference and provides equal opportunities for all employees, regardless of race, gender, age, sexual orientation, or other protected characteristics.
• Labor Practices: Uphold fair labour practices, including safe working conditions, fair compensation, and protection of employees’ rights.
• Community Engagement: Engage with local communities, contributing to their well-being through philanthropy, volunteerism, and partnerships.
• Human Rights: Respect and uphold human rights, both within our organization and in our business relationships.
5. Governance Integrity
We recognize the importance of strong governance practices to build trust with stakeholders. We commit to:
• Ethical Conduct: Uphold the highest ethical standards in all our business activities and decision-making processes.
• Accountability: Foster a culture of accountability and transparency at all levels of the organization.
• Shareholder Engagement: Actively engage with shareholders and stakeholders to provide transparency and disclosure on ESG matters.
• Compliance: Adhere to all applicable laws, regulations, and corporate governance principles.
6. Goals and Performance Indicators
QUISTOR will establish specific ESG goals and performance indicators to track our progress toward achieving our sustainability objectives. Regular reporting and accountability mechanisms will be in place to measure and communicate our ESG performance.
7. Policy Implementation
The responsibility for implementing this ESG Policy lies with every member of QUISTOR. Managers and department heads will be responsible for ensuring adherence within their respective areas.
8. Policy Review
This ESG Policy will be reviewed periodically to ensure its effectiveness, alignment with industry best practices, and compliance with relevant laws and regulations. Any updates or changes to this Policy will be communicated to all relevant stakeholders as necessary.
By adhering to this ESG Policy, we aim to integrate environmental, social, and governance considerations into our business strategy, fostering sustainability, ethical conduct, and long-term value for our stakeholders and the broader community
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