Environmental Non-compliance cases
We have a consistent and organized environmental compliance management system in place and are proactive throughout the year in ensuring that our operations are in accordance with all applicable environmental laws, regulations, standards and other requirements.
Corrective actions were taken, and the lessons learned were shared with all concerned parties as part of our transparency and knowledge-sharing efforts.
Operational Eco-efficiency and Environmental Return on Investment
To reduce avoidable environmental impacts, asset maintenance will ensure optimal operation. This, and other investments, will be monitored using Environmental Return on Investment (EROI) calculations. Besides our own businesses, we will also minimize such impacts from non-managed operations and joint ventures by engaging with our partners and stakeholders.
As a part of improving our operational eco-efficiency we are committed to reducing GHG, air emissions, and continue certifying all of our operated sites to the ISO 14001 standard to ensure standardization across all sites with regards to environmental management.
Supply Chain Management
We are now selecting contractors and suppliers based on their environmental, social and governance (ESG) performance. The ESG performance of current suppliers will be reviewed regularly and we expect to collaborate with our customers to reduce any environmental impact from logistics to support a circular economy.
We want to manage our waste in a responsible manner and exceed regulatory requirements where possible. We have strict compliance standards in place to manage waste at sites. This includes proper waste accounting by name, type and code (as required by law), storage location, methods of off-site transportation, treatment and disposal. We record the quantity of waste generated, stored onsite and disposed of onsite and off-site, committing ourselves to waste reduction and disposal by using partners who can reuse, recover or recycle waste, thus reducing hazardous waste and ensuring that its disposal is handled by qualified vendors.
In order to grow sustainably, we use the criteria set out in our environment policy when conducting due diligence prior to mergers and acquisitions as well as when planning Greenfield expansions.
To achieve our Vision 2030 renewable electricity target, we are focused on expanding our solar energy generation projects as well as exploring VPPAs in the US and Europe. In 2022, our renewable electricity consumption was 3.32% of our total electricity consumption.
Our use of renewable energy in 2022 is around 1.33 million GJ resulting in saving of 74,906 tCO2e.