OM Sustainability Policy guides, supports and provides thought leadership to OM Group companies in embedding sustainability in their business strategies. The sustainability policy also helps OM companies to integrate sustainability considerations into all decisions and key work processes, mitigating future risks and maximizing opportunities.
We believe that sustainability is everyone’s job and that a sound corporate sustainability governance framework promotes strong leadership by all our management. Sustainability is the foundation of good management practices, contributing to the long-term success of companies and better risk-adjusted returns for our customers.
We know that our commitment to sustainability helps us to serve our customers better, is the foundation of good citizenship and reduces the impact of environmental, social and governance risks to our company. It permeates the way we do business, driving us to innovate and be creative in everything from warehousing operations to transportation and from solution design to procurement policy. We have a common theme across all our sustainability activities – People, Environment, and Performance.
A sustainability approach can only be successful if activities planned and results booked continuously support the advancement of the three core values of the program: People, Environment, and Performance. We create sustainable value through top-line growth opportunities, bottom line improvements, and risk mitigation while continuously engaging with our customers and other stakeholders.
Our commitment to sustainability helps us to reduce waste and share the benefits with our customers. It permeates the way we do business, driving us to innovate and be creative in everything from warehousing operations to transportation and from solution design to procurement policy. Sustainability results benefit our customers, our communities, our people and our planet. It is ethically right and commercially smart.
Further, under the policy, OM Group commits to aspire to achieve global sustainability leadership in the sectors they operate in by constituting a governance structure to oversee sustainability endeavors. The governance process, under the aegis of the boards, identifies relevant sustainability issues and develops comprehensive sustainability strategies with goals, targets, mitigation and adaptation action plans. The policy aligns the companies to undertake natural and social capital valuation to assess business risks while adhering to global reporting frameworks.