The Sustainability Policy outlines our commitments related to environmental, social, and governance issues. Aprirose’s sustainability program aims to:
1) Reduce, mitigate, and manage sustainability risks and impacts, and
2) Create meaningful environmental, economic, and social value for stakeholders through education and awareness, community investment, people development, strategic alliances and partnerships for collaborative action, and business opportunities that support climate, ecosystem, and circular economy objectives.
• Conducting our business responsibly via our governance processes
• Contributing to a more just, equal, and inclusive society
• Protecting the environment for people, ecosystems, and climate
• Enabling a more circular economy
We use the term corporate “sustainability” to refer to our company’s delivery of long-term value in financial, environmental, social and ethical terms (see UN Global Compact). This policy also addresses social responsibility (based on ISO 26000) and environmental, social, and governance (ESG) frameworks. RESPONSIBILITIES All employees are responsible for abiding by this policy and helping Aprirose become a more sustainable company, contributing to a more circular, net zero, and inclusive economy.
MEASURING PROGRESS 1 Note: This Policy supersedes the previous CSR Policy. Version 12/2021 We measure improvement in sustainability by tracking indicators across our goals and objectives and based on international standards and frameworks, as outlined in the Sustainability Reporting Methodology.
SUSTAINABILITY COMMITMENT Governance Sustainability Governance Sustainability at Aprirose is governed by an integrated management system, for which this policy creates the foundation.
• Maintaining the highest standards of integrity and corporate governance practices.
• Measuring and reporting our sustainability performance.
• Assessing and mitigating environmental, social, and governance (ESG) risks and impacts in our operations.
• Integrating sustainability considerations into financial and non-financial decision making. Stakeholder Engagement As a global supplier and purchaser of product worldwide, Aprirose operates across a diverse range of cultures and international markets and is committed to engaging all stakeholders responsibly. We participate in various industry and external organizations to collaborate on sustainability and other issues relevant to our business. Our commitment to sustainability includes considering environmental, social, and governance factors into our evaluation of these relationships. Ethics and Compliance Our strength lies in working effectively with others to source and deliver products in ways that create value. We believe in conducting our business ethically, in compliance with applicable laws, and with consideration for social, environmental, and economic value. Our compliance program lays out our commitments to good governance, including data privacy, anti-corruption and transparency, regulatory compliance, and risk management. Social Human Rights Aprirose is committed to protecting the health and safety of individuals affected by our activities and to respecting human rights in our operations and relationships with third parties. This includes conducting our business in a manner consistent with applicable laws and international standards, including: • United Nations Guiding Principles on Business and Human Rights • United Nations Global Compact Version 11/2021 • Universal Declaration of Human Rights • International Labour Organization’s core conventions and Declaration on Fundamental Principles and Rights at Work • Voluntary Principles on Security and Human Rights Worker Welfare We believe every person should be treated with dignity, respect, and fairness and provided with quality work conditions, including: • Non-discrimination and freedom from all forms of harassment • Prohibition of child labor, forced labor, human trafficking, and modern slavery • Freedom of association • Promotion of health and welfare, including both physical and mental health • Safe and secure work environment.
While our direct environmental impacts are limited, we expect all employees to consider ways to reduce their waste, water, and energy footprint and take steps to promote more sustainable work environments. Version 12/2021
• Applying our knowledge, expertise, and logistical capabilities to play our part in a circular value chain. • Supporting producers to market circular products and enabling users to source the circular products they need.
• Creating a financially profitable trading and distribution portfolio of more sustainable products, such as recycled, renewable, compostable, and/or biodegradable products. • Helping to accelerate solutions by investing in circular infrastructure and capabilities in communities. • Building awareness around circularity both with our customers and suppliers as well as with our communities and families.
If you believe this policy has been breached, or suspect it may have been breached, in any way please contact the Aprirose Trading Limited Director, Parag Gudka (parag@aprirose.com).
Last updated: October 2023.