Ethical Trading Statement
Ethical Trading Statement
Last updated: August 9, 2024
At Quality Waste, we recognise the significance of adopting a responsible and sustainable approach to our business practices. Our commitment to ethical trading is rooted in our core values of integrity, respect, and fairness, which guide our interactions with stakeholders, suppliers, and customers worldwide.
Our purpose is to create a positive impact on the communities we operate in, while ensuring that our commercial activities are conducted in a manner that is transparent, accountable, and environmentally conscious. We believe that ethical trading practices are essential to building trust, fostering long-term relationships, and driving business success.
OUR COMMITMENT
We are dedicated to upholding the highest standards of ethical conduct in all aspects of our operations, including:
1. Human Rights: We respect and promote the fundamental human rights of all individuals involved in our supply chain, including fair labour practices, safe working conditions, and equal opportunities.
2. Environmental Sustainability: We strive to minimise our environmental footprint by implementing sustainable practices, reducing waste, and promoting eco-friendly products and services.
3. Fair Business Practices: We conduct our business with integrity, transparency, and fairness, avoiding any form of corruption, bribery, or unethical behaviour.
4. Supply Chain Responsibility: We work closely with our suppliers to ensure that they adhere to our ethical trading standards, promoting responsible sourcing practices and improving labour conditions throughout our supply chain.
5. Community Engagement: We engage with local communities, support social initiatives, and contribute to charitable causes that align with our values and promote social welfare.
OUR APPROACH
To ensure that our ethical trading practices are effective, we have established a robust governance structure and implemented a range of measures, including:
1. Ethics Committee: Our Ethics Committee, comprising senior management representatives, oversees the development, implementation, and monitoring of our ethical trading policies and procedures.
2. Code of Conduct: Our Code of Conduct outlines the ethical standards and expectations for all employees, suppliers, and business partners, providing guidance on acceptable behaviour and decision-making.
3. Risk Assessment and Due Diligence: We conduct regular risk assessments and due diligence on our suppliers, business partners, and operations to identify potential ethical risks and implement mitigation strategies.
4. Training and Awareness: We provide regular training and awareness programs for employees, suppliers, and business partners on ethical trading practices, human rights, and environmental sustainability.
5. Incident Reporting and Management: We have established a confidential reporting system for employees, suppliers, and external stakeholders to report any ethical concerns or incidents, which are investigated and addressed promptly.
OUR PROGRESS
We are committed to continuous improvement and transparency in our ethical trading practices. We regularly monitor and report on our progress, identifying areas for improvement and implementing corrective actions as needed.
OUR GOALS
We strive to continually improve our ethical trading practices, setting ambitious goals for the future:
Achieve 100% supplier compliance with our ethical trading standards by 2026
Reduce our carbon footprint by 50% by 2030
Increase our community investment
Develop and implement a comprehensive diversity and inclusion strategy by 2026
By upholding the highest ethical standards, we aim to create a positive and lasting impact on our stakeholders, the environment, and the communities we serve.