Environmental, Social and Governance (ESG) Policy
1. Introduction
MR group is a multinational organization providing technologies and services which can contribute to a better future by improving the living standards of people.
In particular, MR group recognizes and understands the increasing environmental expectations of our customers, workforce and community beyond legal and regulatory requirements and is strongly committed to always ensure the environmental integrity of our processes and facilities.
In line with global best practices, we integrate the Environmental, Social, and Governance (ESG) Framework into our business strategy to ensure that we create long-term value for our stakeholders while maintaining high standards of integrity. Our approach addresses key issues such as environmental stewardship, social responsibility, and sound governance to mitigate risks and enhance transparency. By adhering to the ESG principles, we strive to make a positive impact on the environment, our employees, and the communities we serve.
One of the most important instruments put in place are the policies related to a safe and healthful workplace, protecting the environment, conserving energy and natural resources as an integral part of our business strategy and operating methods.
2. Objectives
Manuli Ryco is committed to operating in an environmentally responsible manner. Our mission is to reduce the environmental impact of our operations and contribute to the preservation of natural resources for future generations. This policy outlines our commitment to sustainable practices and continuous improvement in environmental performance.
The scope of this Corporate Procedure is not to replace local laws/regulations but to provide general and fundamental principles that should always guide MR group’s operations and activities. This policy applies to all operations, activities, and employees, including contractors, partners, and suppliers. In any case, in addition to the principles in this Corporate Procedure, you should always comply with local laws and regulation regarding environmental policies.
3. Procedure
- Compliance with applicable laws and industry standards on working hours and ensuring that wages shall be sufficient to meet the basic needs of personnel.
- Respecting and promoting internationally recognized human rights, as outlined in the United Nations Guiding Principles on Business and Human Rights and the International Labour Organization (ILO) conventions. This commitment includes ensuring equal opportunities for all employees and preventing discrimination based on race, gender, religion, age, disability or any other protected characteristic.
- Maintaining a zero-tolerance approach to modern slavery, human trafficking, forced labour, bonded labour and any other form of involuntary labour, and ensuring that such practices are not present within its operations or supply chain.
- Continually improving environmental performance through the establishment of objectives and targets, the monitoring of environmental indicators, the adoption of environmental improvement measures and more sustainable technologies where technically and economically feasible, transparent reporting of results, and periodic review of environmental impacts.
- Conserving natural resources and preventing waste by reducing the consumption of energy, water, paper, fuel and business travel; supporting the transition to renewable energy where technically and economically feasible; promoting energy efficiency; reducing greenhouse gas emissions and air pollutants; protecting air quality; minimizing waste generation; and encouraging recycling and reuse.
- Being an environmentally responsible neighbour in the community where we operate and correct incidents or conditions that endanger health, safety, or the environment.
- Maintaining an Environmental Policy aligned with the mission of the MR Group and an Environmental Management System certified in accordance with ISO 14001, demonstrating commitment to continual improvement, effectiveness, communication and compliance with applicable requirements.
- Adopting Procedures specifically developed to properly manage the use of hazardous materials, energy and other natural resources to minimize the generation of waste and to enable recycling and reuse of materials.
- Promoting environmental responsibility among our employees and providing the necessary training and support to enable them to implement this policy, informing suppliers of our environmental policy, soliciting input from our employees, suppliers, customers and board members in meeting our environmental goals. We encourage all staff to take personal responsibility for their environmental impacts.
- Improving performance regularly reviewing environmental impacts and on an annual basis, update this policy in line with the review findings.
- Protecting biodiversity, ecosystems and natural habitats by assessing and minimizing the environmental impacts of our activities, promoting responsible land use practices, and supporting efforts to prevent deforestation and ecosystem degradation associated with our operations and supply chain.