At EcoNiLi Battery, we are deeply committed to the principles of the United Nations Global Compact (UNGC) and the Sustainable Development Goals (SDGs). Our mission is to integrate sustainability into every aspect of our operations, ensuring a positive impact on society and the environment.
At EcoNiLi Battery, we are committed to driving sustainability and creating a positive impact on our environment and society. By integrating robust Environmental, Social, and Governance (ESG) practices into our operations, we are not only enhancing our reputation and attracting investors but also accessing new markets and meeting the growing demand for sustainable products. Our focus on ESG has led to increased operational efficiency, reduced waste, and lower production costs, providing significant long-term financial benefits. Through sustainable supply chain practices, innovative product development, and energy-efficient technologies, we are reducing our environmental footprint and building a resilient business model. We believe that strong ESG performance fosters better relationships with our stakeholders, from customers and employees to suppliers and regulators, leading to enhanced brand loyalty, improved market share, and higher profitability. At EcoNiLi Battery, sustainability is at the core of our business strategy, ensuring that we remain competitive, compliant, and poised for growth in a rapidly evolving marketplace.
We acknowledge the importance of upholding human rights in all our operations. We are in the process of enhancing our commitments to ensure that human rights considerations are embedded into our business practices. We are actively working towards implementing comprehensive human rights policies that will encompass all aspects of our operations and supply chain.
Our commitment to labour rights and ensuring decent work conditions is focused on our own operations. We are dedicated to creating a safe, inclusive, and fair working environment for all our employees. This includes:
– Upholding freedom of association and the right to collective bargaining.
– Eliminating all forms of forced and compulsory labour.
– Abolishing child labour.
– Eliminating discrimination in respect of employment and occupation.
– Promoting workplace safety and health.
At EcoNiLi Battery, we recognize the critical importance of environmental sustainability. Our commitment includes not only our operations but also extends to our suppliers and the value chain. Our environmental initiatives focus on:
– Integrating renewable energy sources and improving energy efficiency.
– Implementing comprehensive waste management and circular economy practices.
– Monitoring and reducing water usage.
– Conducting regular environmental audits and benchmarks.
We maintain a zero-tolerance policy towards corruption and are committed to ethical business practices. We are committed to ensuring transparency and integrity in all our business dealings.
Integrating ESG into our EHSQ system is not just about meeting regulatory requirements; it’s about driving sustainable growth, fostering a positive impact on society, and ensuring that our governance practices are aligned with global best practices. This holistic approach will position our company as a leader in sustainability and corporate responsibility, ultimately enhancing our brand reputation and long-term success.
•Sustainability Initiatives: ESG emphasizes sustainable practices that align closely with the environmental aspects of EHSQ. Integrating ESG involves enhancing our environmental management strategies to include a broader focus on sustainability. This can include setting carbon reduction targets, improving resource efficiency, and promoting circular economy practices, such as recycling and waste minimization.
•Compliance and Beyond: While EHSQ ensures compliance with environmental regulations, ESG encourages us to go beyond mere compliance, aiming for leadership in sustainability. This can be achieved by adopting international standards like ISO 14001, setting more ambitious environmental goals, and transparently reporting our progress.
•Health & Safety Enhancements: The “Social” aspect of ESG closely aligns with the health and safety components of EHSQ. By integrating ESG, we can strengthen our focus on employee well-being, ensuring that our health and safety policies not only meet but exceed industry standards. This can include more comprehensive safety training, mental health support, and a commitment to creating a safe and inclusive workplace.
•Community Engagement: ESG pushes us to extend our social responsibility beyond the workplace. This involves engaging with local communities, supporting social initiatives, and ensuring that our operations positively impact society. Incorporating these elements into our EHSQ framework will enhance our social license to operate and build stronger community relations.
•Leadership and Accountability: The governance component of ESG demands strong leadership and accountability, which can be woven into the quality management aspect of EHSQ. This includes setting up robust governance structures, ensuring ethical business practices, and fostering a culture of transparency and integrity across all levels of the organization.
•Stakeholder Engagement: Good governance also involves active stakeholder engagement, ensuring that the concerns and expectations of investors, employees, customers, and other stakeholders are addressed. By integrating this into our EHSQ system, we can ensure that our decision-making processes are inclusive and aligned with our corporate values.
•Continuous Improvement: ESG and EHSQ both emphasize continuous improvement. By integrating ESG into our quality management system, we can enhance our product and service quality, ensuring they meet the evolving demands of customers who increasingly prioritize sustainability and ethical considerations.
•Risk Management: ESG integration brings a broader perspective to risk management, encompassing environmental, social, and governance risks. Incorporating these into our EHSQ system will enable us to proactively identify and mitigate potential risks that could impact our business and reputation.
– Conduct environmental audits and benchmark current performance.
– Develop and initiate local hiring and training programs.
– Establish initial health and safety protocols.
– Start the process of renewable energy integration.
– Implement energy efficiency and waste reduction initiatives.
– Launch community engagement projects.
– Develop and publish the company’s ESG report.
– Establish diversity and inclusion programs.
– Achieve significant milestones in emission reductions and waste management.
– Expand community projects and local development initiatives.
– Continuously improve and adapt ESG strategies based on feedback and performance data.
Our factories will be operating with solar panels to reduce energy consumption and fossil fuels utilization.
Our company is engaged with the local community and committed to support healthy and education programs.
ESG with UN Goals
We are dedicated to continuous improvement and regularly review and adapt our strategies to ensure they meet the highest standards of sustainability and ethical practice. Our annual ESG reports detail our progress, challenges, and future plans, ensuring transparency and accountability to all our stakeholders.
We invite you to join us on our journey towards a more sustainable and equitable future. Together, we can make a significant impact and contribute to the global effort to achieve the United Nations Sustainable Development Goals.
For more information about our sustainability initiatives and progress, please contact us.
GLOBAL CLOSED LOOP BATTERY RECYCLING SERVICES
Level 23-1, Menara 1MK, No. 1, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur, Malaysia.