Page 35 - Vaculug

A LOOK AHEAD - OUR ENVIRONMENTAL PROMISES FOR THE WAY FORWARD
To further reduce our impact on the environment and to improve on our existing environmental management practices, over the next year we will be focused on formalising and documenting our processes related to waste management, natural resources and recycling. We also plan to install eight new fast EV charging stations on our premises, replacing the existing chargers that are currently in place. In relation to how we work with our suppliers and value chain, we will set out to update our procurement policies to ensure our suppliers are meeting our ESG standards across their own operations.
OUR COMMITMENTS FOR THE NEXT 3 YEARS:
• We are committed to achieving carbon net-zero (scope 1 and 2) across our business operations by 2030.
• We will have a full hybrid fleet of company vehicles by 2024, and we will install eight fast-charging stations by the end of 2022.
• We will measure and track our water consumption with the aim of reducing our use.
• We will explore installing batteries in our facility that charge overnight, when it is less costly, enabling us to power our equipment more efficiently during the day.
• We will aim to further improve our sustainable facilities & manufacturing practices by exploring renewable energy options, such as solar panels.
• We will improve our industrial processes to earn energy certifications.
SUSTAINABILITY IN MOTION 35