Environmental Sustainability Policy

1. Purpose:

The purpose of this policy is to minimize the environmental impact of Sunbeam Elastomers Pvt. Ltd.’s operations by promoting sustainable practices, resource conservation, and compliance with environmental laws.

2. Scope:

This policy applies to all employees, contractors, vendors, and stakeholders associated with the company’s operations, including manufacturing, office practices, and supply chain management.

3. Objectives:

• To reduce the environmental footprint of the company’s operations.
• To comply with all applicable environmental regulations and standards.
• To encourage sustainable resource use, waste reduction, and energy efficiency.
• To raise awareness and engage employees in sustainability initiatives.

4. Policy Guidelines:

Energy Management:

• Optimize energy use in all facilities by adopting energy-efficient equipment and practices.
• Monitor and reduce greenhouse gas emissions through renewable energy sources and sustainable operations.
• Conduct energy audits annually to identify areas for improvement.

Water Conservation:

• Implement water-saving technologies and reduce water waste across operations.
• Regularly monitor water usage and ensure compliance with water conservation regulations.
• Promote rainwater harvesting and wastewater recycling where feasible.

Waste Management:

• Reduce, reuse, and recycle waste generated during operations.
• Ensure the safe disposal of hazardous and non-hazardous waste in compliance with environmental regulations.
• Encourage paperless processes and adopt digital solutions to reduce paper usage.

Pollution Control:

• Ensure compliance with air, water, and soil pollution standards.
• Monitor emissions and pollutants regularly and take corrective actions when required.
• Invest in clean technologies to reduce environmental impact.

Sustainable Sourcing:

• Partner with vendors and suppliers who adhere to sustainable practices.
• Prioritize eco-friendly raw materials and reduce packaging waste.

5. Roles and Responsibilities:

Management:

• Establish and support company-wide environmental goals.
• Allocate resources to implement and monitor sustainability initiatives.

Employees:

• Follow sustainability guidelines and report non-compliance.
• Participate in training programs and adopt environmentally responsible practices.

Sustainability Committee:

• Develop and oversee the implementation of sustainability initiatives.
• Conduct regular reviews to track progress and compliance.
• Ensure the company meets environmental regulatory requirements.

6. Key Provisions:

1. Environmental Training:
a. Employees will receive training on environmental policies, best practices, and regulatory requirements.

2. Compliance:
a. All operations will comply with applicable environmental laws, such as the Environmental Protection Act, 1986, and state-specific regulations.

3. Green Initiatives:
a. Support initiatives like tree plantations, community clean-ups, and carbon offset programs.

7. Monitoring and Reporting:

1. Performance Audits:
a. Conduct quarterly environmental performance audits to assess progress.

2. Record Maintenance:
a. Maintain records of energy usage, waste generation, and emissions for regulatory reporting.

3. Sustainability Reporting:
a. Publish an annual sustainability report outlining key achievements and areas for improvement.

8. Review and Amendments:

1. Policy Review:
a. This policy will be reviewed annually to incorporate advancements in sustainability practices and feedback from stakeholders.

2. Approval Process:
a. Amendments will be approved by the Board of Directors.

Approval:
This Environmental Sustainability Policy has been approved by the Board of Directors of Sunbeam Elastomers Pvt. Ltd. on 1st January 2025.

This policy reflects Sunbeam Elastomers Pvt. Ltd.’s commitment to environmental sustainability and responsible business practices.