OC SUSTAINABILITY POLICY

ORIENTAL COPPER CO.,LTD. (OC) fully recognizes the importance of sustainability in developing and strengthening our mission, therefore, the company has revised the policy of sustainable business development in harmony with environmental, social dimensions, and governance, referred as ESG, by including key issues related to sustainability throughout the supply chain into it. This new policy is currently used as good practice for business operation and to help reduce risks of the organization and the emerging risks of the company

Our ESG strategy reflects OC’s belief that corporate 

responsibility drives long-term value not just in our business, but also for OC’s stakeholders, including clients, shareholders, employees and the societies in which we operate. We recognize that all firms and individuals have an important role to play in reducing negative environmental impacts and specifically tackling climate change. We aim to follow and to promote good sustainability practice, to reduce the environmental impacts of all our activities and to help our clients and partners to do the same. Our business practices are designed to create value in both the short and long term, maximizing positive impacts and minimizing eventual negative impacts on society and the environment throughout all our value chain through ethical and transparent conduct.

OC understands that sustainability must be integrated in all the Company’s businesses and organizational levels, ensuring availability of needed resources, considering the perspective of its stakeholders

In pursuance of and in accordance with the Corporate Governance Policy of the Company, the Board of Directors has adopted the Corporate Social Responsibility Policies as follows:

1. Integrating sustainability considerations into all our business decisions together with promoting the practices of in-process CSR along OC’s business processes with a focus on the Copper Products with good quality, reliability, and the conduct of efficient environmental operations and management.
2. Conducting the organizational management based on good corporate governance, good moral and ethical responsibilities, to comply with, and exceed where practicable, the laws, all applicable legislation, government regulations and codes of practice and with respect for and response to the interests of stakeholders in all sectors, while placing emphasis on the efficiency and sustainable growth and sustainable growth of core and related businesses. 
3. Giving importance to the respect of human rights, labor practices, and fair operating practices.
4. Being a caring organization for society and communities, particularly the communities living around facilities and the adoption of approaches focusing on the interests, needs and expectations of community members

Key success factors of achieving Sustainability Management

 

We will ensure to deliver our objectives through the following measures:

• Embedding sustainability principles and practices into the day-to-day management of the company

• Setting objectives and targets relevant to our organization and its sustainability priorities that will drive innovation, best practice and knowledge sharing

• Ensuring our staff members understand this policy and its objectives and are encouraged to be roll model of sustainability across the organization

• Procuring goods and services sustainably with an emphasis on supplier diversity, fair employment and environmental attributes, as well as other social and ethical criteria as appropriate and applied to our value chain

• The OC’s Board of Directors is responsible for establishing the overall sustainability policy for the organization and accountable for delivering sustainability performance and will ensure that adequate resources are engaged to deliver against this policy. They fully support the policy and provide effective leadership within their business areas. All staff members are responsible for following the policy with the support, direction and commitment of our leaders.

(H1) ENVIRONMENT, SOCIAL RESPONSIBILITY and GOVERNANCE 

(H2) Environment 

(H3) ENVIRONMENTAL CONCERNS

OC’s Environmental Policy is committed to good environmental practice as part of our overall approach to corporate and social responsibility. We recognize that we have a responsibility to minimize our impacts on the environment as much as possible, and to conduct our business in a way which contributes to the sustainability of the environment in which we work and deliver our services, whilst continuing to deliver a high quality

service to our clients.

As a leading global Copper Material Manufacture,

OC has environmental impacts straightly to suppliers, our operational processes, right through to the final delivery of our products. Therefore, managing these impacts is a major challenge in the copper industry.

The important steps we are taking help reduce

costs, identify market opportunities, differentiate our

business from competitors, and most importantly,

we are contributing to improving our environment.

Our policy is to take the environment into account in all appropriate decision making, not only in compliance with legislative and statutory environmental requirements, but in recognition that a quality environment should be available to all, not just to those who can afford it.

Our commitment, therefore, is a proactive and anticipatory approach,

(H3) ENVIRONMENTAL ACTION

Environmental issues for our direct business operations currently is our commitment. We embed sustainable development including environmental action in all our activities. Some of the specific ways in which we support environmental action which is a proactive and anticipatory approach are as following.

 

(H3) What we are doing…

Create and seek approaches and methods of reduction of resources, energy, emission, waste and greenhouse gas in order to protect, control and minimize impacts to environment, community and society.

We are taking systematic steps to reduce and control the direct environmental impacts of our operations, including:

• Conducting product development in consideration of environmental protection
• Reducing environmental load through development of compact products and systems thus reducing emissions from our production
• Reducing the resources we use by using of renewable resources and the sustainable management of resources
• Using raw materials with reduced environmental impact
• Preventing waste water discharge, chemicals and hazardous waste
• Conserving energy and recycle by producing products that are 100% recyclable
• Reducing the impacts of our logistics

(H3) We are enforcing…

One of the way we are working to protect the environment is through the organized and systematic implementation of the Environmental Management System, ISO 14001. Our environmental policy, strategies, and management systems are fundamental –

Oriental Copper is committed to improving environmental performance. We operate a rigorous environmental management system and have implemented and completed IS014001 certification since 2001.

(H3) We are educating…

Tackling energy use and climate change is priority for everyone. At Oriental Copper, we agree that every business is responsible for playing their part in making a cleaner and greener environment. Green Industrial Certificate is evidence of environmental management have assessed. We continue to promote ways in which we help the electrical energy industry increase energy efficiency, reduce waste and lower costs.

For our children’s sake, a safe clean environment is everyone’s responsibility. To create and seek approaches and methods of reduction of resources, energy, emission, waste and greenhouse gas in order to protect, control and minimize impacts to environment, community and society is our concern. A sustainable world demands the better and a more efficient use of the world’s resources, reduction in CO2 emissions, controls of pollutants and the more efficient use of energy.

Using OC-ETP” copper material for electrical energy and electrical applications with its superior electrical performance will move us all forward in conducting electrical energy more efficiently, saving energy resources, reducing life time costs, and lowering everyone’s carbon footprint.

Oriental Copper can help you contribute to the creation of a ‘greener world’ – Let’s work together to turn the vision of a better, cleaner, and greener world into reality.