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Our goal is to continuously improve the working conditions and well-being of our employees and those in the value chain, to be ethical and protect human rights.
NFM’s contribution to sustainability
In NFM, we believe that sustainable business practice means more than conventional understanding of environmental and community-friendly production processes. Our goal is designing products in accordance with customers’ expectations, as well as limiting influence on the environment and ensuring decent working conditions. Sustainable development consists of balancing local and global efforts to meet basic human needs without destroying or degrading the natural environment.
We are committed to transparency and accountability.
Utilizing cutting-edge technology and the knowledge of our diverse workforce, we strive towards sustainable solutions for our employees and our products. We do this by investing in the development of our employees and the environment we have an impact on.
Environmental, Social, Governance (ESG) practices
ESG measures how the extent to which a business integrates environmental, social, and governance practices into its operations, the business model, as well as its impact and sustainability.
We intend to implement our strategy through the following activities:
- Respect nature and cares for the natural environment, its employees, and its local communities.
- Continuous improvement of all ESG areas.
- Support the principles of the United Nations’ Sustainable Development Goals (SDGs).
- To ensure that environmental, climate and social risks are identified and avoided.
- Transparency in the execution of the ESG policy.
- Promote its ESG principles throughout its value chain.
ENVIRONMENTAL
Our goal is to reduce impact of the NFM on the environment
- Monitor an impact on the environment.
- Prioritize renewable energy.
- Measure improvements in energy efficiency.
- Waste management.
- Environmental education of employees.
- Optimize travel arrangements in the context of environmental impact.
SOCIAL
- Safe and hygienic workplace.
- Good working conditions.
- Grievance procedure accessible for employees.
- CSR program in larger subsidiaries.
- Certification or compliance with Social Accountability Standard.
- Social Accountability Policy known to all employees.
GOVERNANCE
NFM’s goal is to incorporate ESG goals into business operations.
- Be in line with ethical standards, follow NFM’s Code of Conduct, be transparent.
- Communicate ESG strategy and activities.
- Incorporate data protection methods.
CIRCULARITY
We are aiming to optimize product lifecycle processes from idea through design, production, logistic following the principles of longer lifespan, reuse, recycle.
- Continuously applying the principles of Lean Production.
- Modern Machinery Park.
- Continuously working on the improvement of packaging systems.
- A holistic approach to the capability lifecycle focused on Reliability, Availability, Maintainability and Testability of equipment.
ENVIRONMENTAL
Our goal is to reduce impact of the NFM on the environment
- Monitor an impact on the environment.
- Prioritize renewable energy.
- Measure improvements in energy efficiency.
- Waste management.
- Environmental education of employees.
- Optimize travel arrangements in the context of environmental impact.