Our goal is to conduct our business in a pro-environmental, transparent and sustainable manner, so we have assessed ourselves and created a report on our approach to the ESG guidelines. The report was created in cooperation with Enterprise Europe Network. Among other things, it talks about:
- How the company uses natural resources or affects the environment through its business
activities. - How it affects the people around it – employees, customers, suppliers, local communities and other stakeholders – and how they can interact with the company. This includes, but is not limited to, issues such as working conditions both in its own operations and in its supply chain, occupational health and safety, diversity and inclusiveness, respect for human rights, and impact on local communities and end users.
- What is the internal management and supervision system, procedures, standards and control mechanisms implemented to ensure effective management, process improvement, compliance with laws and regulations.
Companies that integrate ESG factors into their business model are more likely to gain the trust of the environment. Proper management of environmental, social and corporate governance issues, utilizing the potential of these factors in the creation of a company’s long-term strategy brings many benefits to the company. Each of the ESG areas includes a number of aspects that can be evaluated by customers,
investors and other stakeholders.
Conclusions of the report.
1. average strength of influence and average commitment of the company in ESG areas. The company has low impact (generates low risk) in each of the ESG areas and at the same time its commitment to minimize this impact/risk is high.
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Generated impact (risk) in each ESG area does not exceed level 1 (low impact/low risk for the area) on a four-point scale of 0-3.
The low impact/risk generated by REmakeit is due to both the size of the company (micro-enterprise), the business model adopted (upcycling) and the ethical and pro-environmental, pro-social attitude of the owners. activities aimed at reducing environmental or social impacts, some of which have been practically integrated permanently into our business model.
2. Profile of the company according to the scale of generated impact (risks) in ESG areas.
Figure below:
3. assessment of the company’s commitment to minimizing impact in ESG areas.
Figure below:
Our activities in the implementation of sustainable development goals are primarily:
- using waste/unnecessary materials for the production of our own products
- designing products aimed at minimizing waste of materials used in our own production and extending the durability and useful life of our own products
- engaging in upcycling promotion with community organizations (including upcycling workshops)
- adherence to the principles of fair trade, transparency in conducting transactions
Implementation of ESG assessment allows you to implement evaluation tools in advance and prepare for subsequent mandatory reporting in this area, but most importantly it allows you to be one step ahead of the competition and respond to the expectations of increasingly environmentally conscious customers and cooperators.