Sustainability

Pioneering Sustainability in the Plastic Film Sector

Our Mission
At Flextech, the mission is clear: to minimize environmental footprint while maximizing value for customers and communities. Sustainability is not just a choice but a responsibility as a leading industry player, reimagining how plastic films are produced, utilized, and recycled.

Our Plan
• We are committed to fostering sustainability within the plastic films market. We plan to promote responsible and sustainable practices, ensuring a brighter, greener future for all: Embedding sustainability into our corporate culture
• Setting and achieving ambitious ESG goals
• Implementing transparent reporting mechanisms.

Key initiatives:
• Reducing Carbon Footprint: Investing in renewable energy sources and energy-efficient technologies.
• Minimizing Waste: Implementing circular economy principles, such as recycling and reuse programs.
• Ethical Sourcing: Ensuring responsible sourcing of raw materials and maintaining supply chain transparency.
• Employee Well-being: Prioritizing health and safety, offering training and development opportunities, and promoting diversity and inclusion.
• Community Engagement: Engaging with local communities, supporting philanthropic initiatives, and fostering partnerships for positive social impact.

Long-term goals
Our long-term goals are ambitious and beneficial to all: customers, employees, the environment, and stakeholders

Environmental Impact: Reducing carbon emissions, conserving resources, and mitigating plastic pollution.
• Social Responsibility: Enhancing employee satisfaction, fostering community well-being, and promoting ethical business practices.
• Financial Performance: Improving long-term profitability, rewarding socially conscious investors, and enhancing brand reputation.

Approach to Sustainability
Material Selection: We prioritize the use of recyclable and biodegradable materials in our production processes where possible. This reduces the reliance on virgin plastics and minimizing waste generation.
Energy Efficiency: Our manufacturing facilities are equipped with state-of-the-art technology to optimize energy consumption, thereby diminishing our carbon footprint and operating costs.
Waste Reduction: Through innovative design and production techniques, we aim to minimize waste generation at every stage of the product lifecycle, from manufacturing to distribution and end-of-life disposal.
Lifecycle Assessment: We conduct comprehensive lifecycle assessments to evaluate the environmental impact of our products. This helps us identify areas for improvement and ensure that sustainability remains at the core of our operations.

Circular Economy Initiatives
Design to Recycle Approach: We design our products with circularity in mind, incorporating recycled content and ensuring they can be easily recycled to facilitate the transition to a circular economy.
Closed-Loop Systems: We collaborate with partners and Group companies across the value chain to establish closed-loop systems for the collection, recycling, and reuse of plastic films, keeping materials in circulation and out of landfills.
Innovation Hub: Our dedicated research and development team is constantly exploring new technologies and materials to further advance the circular economy and drive sustainable innovation in the plastic film sector.

Greenhouse Gas Emission Reduction
Carbon Footprint Reduction: We are committed to reducing our greenhouse gas emissions through energy efficiency improvements, renewable energy usage, and transportation optimization.
Supply Chain Collaboration: We are working closely with our suppliers and logistics partners to help with emissions reduction across the supply chain, from the initial stage of raw material production to the final product delivery.
Carbon Offsetting: In addition to reducing our emissions, we support carbon offset projects to mitigate the environmental impact of our operations and contribute to global climate action.
Continuous Improvement: We regularly monitor our progress, seeking new opportunities to minimize our environmental footprint and set an example in the industry.

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ESG Clause for Procurement Contracts