Page 104 - Vaculug Sustainable Report 2022

COMPLIANCE WITH THE CODE
Managers and leaders have higher responsibility
for demonstrating, also through their actions, the importance of this Code. Managers and leaders
are responsible for promptly addressing every raised ethical question or concern. Employees must cooperate in investigations of potential or alleged misconduct.
Vaculug is open to any questions at any time and will not allow punishment or retaliation against anyone for reporting a misconduct in good faith.
Non-compliance to this Code considered as a misconduct that could warrant disciplinary measures as provided in legislation, collective agreements, or by contract.
COMPLIANCE WITH LAWS AND REGULATIONS
Our commitment to integrity begins with complying with laws, rules, and regulations relevant with Vaculug business. We are committed to adhere to every valid and binding contractual agreement that we conclude, and we do not abuse our rights.
The ‘Quality, Environmental, Health & Safety’ policy include our commitment to maintain the Health & Safety certifications.
Vaculug is also confirmed as a member of the Safety Schemes in Procurement (SSIP) Forum, which validates the company has demonstrated
its compliance with the forum’s core safety criteria.
Our Environmental Management System certifies our compliance with standards related to remoulding of tyres and associated activities.
Our staff must follow applicable laws and regulations, including the Code at all times and must ensure compliant operation.
SUSTAINABILITY:
PEOPLE, PLANET, PROFIT
& RESPONSIBLE GOVERNANCE
We are committed to meet current and future requirements in line with the needs of future generations. For this reason, integrated a comprehensive and ambitious sustainability
or ESG (Environmental, Social and Governance) strategy into our business strategy and operations to hold ourselves accountable throughout the year.
Our sustainability strategy comprises several categories covering all material responsibilities, risks and opportunities across the environment, social and governance dimensions, and our work is guided by three core commitments:
1. We will take leadership
in the decarbonisation of retreading.
2. We will ensure that our people thrive at work by providing a safe and inspiring workplace.
3. We will operate Vaculug based on responsible business practices.
Vaculug holds an A-Rating awarded by the UK Environmental Agency for the company’s compliance with environmental standards and regulations, making us the only retreader in the world to have
an A-Rating tyre.
Our sustainability goals are also aligned with the
Tire Sector SDG Roadmap, making us the first independent retreader in the world to align with larger multinational organisations across the industry.
Our approach to building a responsible business
is guided by the stewardship of our company’s vision, mission, and core values. We recognise that on this journey, sound and responsible Corporate Governance is essential.
HUMAN RIGHTS
We are committed to respect human dignity and rights of each individual and community whom we interact with during the course of work. We shall not, in any way, cause or contribute to the violation of human rights. Our staff shall treat everybody with dignity, respect, integrity, care and uphold human rights anywhere in our own business or in any of our supply chains.
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