Page 24 - Vaculug Sustainable Report 2022

A RESPONSIBLE approach to business
At Vaculug, being a responsible business means doing the right thing for our people, surrounding communities, and the planet.
Over the past year we made strides towards improving our day-to-day operations to reduce our impact on the environment.
At the same time, we seized opportunities where
we could make a positive impact in our surrounding communities. We recognise that to realise our vision of creating a better world for future generations,
we are on a journey of continuous learning and improvement.
This journey begins with each one of us at Vaculug. To invest in the future of our business, we must first invest in our people through education, training, and well-being initiatives. We are committed to upskilling our people, systems, and processes with the aim
of improving our products and services for our customers.
By working together with all
our stakeholders, both internally and externally, we are committed to building a responsible business for future generations.
Our business model is circular by nature. Reducing, reusing, and recycling tyres is central to our operations, and to our efforts to reduce our impact on the environment. At the same time, we know we need to do more. In 2021, we joined the UN Global Compact to contribute to the global effort to address the many environmental, social, and economic challenges facing the world today.
To genuinely contribute to this effort, in 2022 we developed a sustainability strategy in alignment with the UN SDGs (Sustainable Development Goals), and we committed to becoming carbon net-zero by 2030.
As a company operating in a carbon intensive transportation industry, we believe it is our responsibility to do all that we can to minimise our impact and contribute to the global effort to create a more sustainable world.
More than this, through our sustainable thinking approach to business, we recognise we have an opportunity to lead and inspire others across the industry to join this mission.
Driven by INNOVATION
With a more than 70-year history in the tyre sector, innovation has always been at the hub of our company’s approach to business. Over the past seven decades we have built our business on a foundation of innovation, creativity, and ingenuity.
Our focus on innovation has aided
various monumental industry developments, such as our A-Rated tyre - the KT01.
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