Environment and Sustainability Policy

1. Introduction

At NEIC Ltd, we recognize the critical importance of environmental stewardship and sustainability in our operations and service delivery. We are committed to conducting our business in a way that minimizes our environmental impact, promotes sustainable practices, and contributes to the well-being of our communities. This Environment and Sustainability Policy outlines our commitment to responsible environmental management and sustainable practices across all aspects of our business.

2. Our Commitment to Sustainability

• Minimizing the environmental impact of our activities.
• Complying with all relevant environmental laws, regulations, and standards.
• Continuously improving our environmental management practices.
• Promoting sustainability in our operations, services, and supply chain.
• Reducing our carbon footprint and contributing to climate change mitigation efforts.
• Encouraging our employees, contractors, and suppliers to embrace sustainability principles.

3. Key Environmental Objectives

• Reduce Energy Consumption: Continuously improve energy efficiency across all operations, reducing energy use and promoting the use of renewable energy sources.
• Waste Management: Implement waste reduction, recycling, and responsible disposal practices to reduce landfill waste and ensure proper waste management.
• Water Conservation: Promote water conservation across our operations by reducing water usage and encouraging responsible management.
• Sustainable Sourcing: Ensure that the materials, products, and services we procure are from environmentally responsible sources and suppliers who adhere to sustainable practices.
• Carbon Footprint Reduction: Measure and reduce our carbon emissions, seeking ways to minimize our environmental impact and contribute to reducing global warming.
• Biodiversity: Strive to protect and enhance biodiversity by minimizing harm to local ecosystems and encouraging sustainable land use practices.

4. Environmental Management Practices

• Environmental Risk Assessment: Regularly assess the environmental risks associated with our operations, identifying areas for improvement and implementing appropriate measures.
• Training and Awareness: Provide ongoing environmental sustainability training for employees to ensure they are aware of best practices and their responsibilities in reducing environmental impacts.
• Sustainable Procurement: Prioritize the procurement of materials and services that have minimal environmental impact, supporting suppliers who share our commitment to sustainability.
• Energy Efficiency: Implement energy-saving measures, including the use of energy-efficient equipment, optimized energy use in office spaces, and sustainable transportation options.
• Waste Reduction and Recycling: Establish waste management protocols that focus on reducing, reusing, and recycling materials where possible. Ensure proper disposal of non-recyclable waste in compliance with all regulations.

5. Compliance with Legislation

• Compliance with local, national, and international environmental regulations.
• Adherence to industry-specific environmental guidelines and standards.
• Keeping up to date with any legislative changes related to sustainability and environmental protection.

6. Continual Improvement and Monitoring

• Monitor and measure the effectiveness of our sustainability initiatives.
• Set measurable environmental goals and track progress.
• Review this policy periodically to ensure it remains relevant, practical, and effective.
• Implement corrective actions when necessary to address any non-compliance or areas of underperformance.

7. Employee Involvement and Engagement

• Encourage employee involvement in sustainability initiatives and foster a culture of environmental responsibility.
• Provide platforms for employees to suggest improvements and innovations related to sustainability.
• Recognize and reward individuals or teams who demonstrate outstanding commitment to sustainable practices.

8. Supply Chain Responsibility

• Engage suppliers who share our commitment to sustainability and encourage them to adopt sustainable practices.
• Integrate environmental criteria into procurement decisions, including evaluating suppliers based on their environmental performance and sustainability efforts.
• Work closely with our suppliers to reduce the environmental impact of products and services we procure.

9. Communication and Reporting

• Regularly report on our sustainability performance.
• Publish an annual sustainability report, highlighting key achievements and areas for improvement.
• Engage stakeholders in discussions regarding environmental performance and sustainability initiatives.

10. Policy Review and Approval

This Environment and Sustainability Policy will be reviewed regularly to ensure it remains effective and aligned with our sustainability goals. Updates will be made as necessary to reflect new legislative requirements, industry standards, and business practices.

This policy has been approved by the Board of Directors of NEIC Ltd and is fully supported at all levels of the organization.

Signed: R. Foster

Rober Foster

Director, NEIC Ltd