Environmental Policy

Introduction

Simoro Jewelry acknowledges the critical importance of environmental sustainability as an integral part of our corporate responsibility. We are committed to conducting our operations in an environmentally conscious manner, understanding that the well-being of our planet is vital to our success and the communities we serve. This Comprehensive Environmental Policy is a testament to our dedication to reducing our environmental footprint and promoting a sustainable future.

Policy Statement

Simoro Jewelry pledges to integrate environmental responsibility into all aspects of our business operations. We aim to protect and preserve the environment by implementing practices that minimize our impact on the earth’s natural resources. Recognizing the urgency of environmental sustainability, this policy outlines our strategic approach to environmental management, encompassing compliance, risk management, resource efficiency, and stakeholder engagement.

Compliance with Laws and Regulations

We are steadfast in our commitment to adhere to all local, national, and international environmental laws and regulations applicable to our operations. By maintaining a comprehensive understanding of environmental legislation, we ensure that our business practices not only meet but, where possible, exceed regulatory standards.

Environmental Management System (EMS)

Our EMS is designed to systematically manage our environmental footprint across all areas of operation. It encompasses the following key components:

  • a. Environmental Goals and Objectives: Setting ambitious, quantifiable goals to enhance our environmental performance, focusing on areas such as energy efficiency, waste reduction, and sustainable sourcing.

  • b. Risk Assessment and Mitigation: Identifying and evaluating environmental risks associated with our operations and implementing strategic measures to mitigate their impact.

  • c. Education and Awareness: Cultivating an environmentally conscious culture within our organization through targeted training programs and initiatives that empower employees to take action.

  • d. Resource Efficiency: Prioritizing the efficient use of resources across our operations, including optimizing energy consumption, water usage, and material inputs to reduce our overall environmental footprint.

  • e. Waste Management: Developing and implementing waste management strategies that emphasize waste minimization, recycling, and responsible disposal practices.

  • f. Pollution Prevention: Proactively preventing pollution through careful management of emissions and effluents, and by adopting cleaner production processes and technologies.

  • g. Continuous Improvement: Regularly evaluating our environmental performance to identify areas for improvement and integrating innovative solutions for sustainability.

Sustainable Supply Chain

We are committed to fostering sustainability throughout our supply chain. By working collaboratively with our suppliers, we aim to promote environmentally responsible practices and ensure that our supply chain reflects our environmental ethos.

Stakeholder Engagement and Communication

Engagement with our stakeholders is crucial to our environmental strategy. We are dedicated to:
a. Seeking and incorporating stakeholder feedback into our environmental initiatives.
b. Transparently communicating our environmental commitments, achievements, and challenges to a broad audience, including employees, customers, suppliers, and the wider community.
c. Addressing environmental inquiries and concerns promptly, providing clear and accurate information about our policies and practices.

Monitoring and Reporting

To track our progress and hold ourselves accountable, we will:
a. Implement robust monitoring systems to regularly assess our environmental indicators.
b. Report on our environmental performance to stakeholders through comprehensive sustainability reports and other communication channels.
c. Conduct internal audits to ensure adherence to this policy and identify opportunities for improvement.

Policy Review

This policy will undergo periodic reviews to reflect new scientific knowledge, technological advances, evolving best practices, and changes in environmental legislation. Through these reviews, we will adapt and refine our policy to ensure that it remains aligned with our goal of achieving environmental excellence.

Last Revised Date: February 26, 2024

APPROVED BY THE CEO AND BOARD OF DIRECTORS