ENVIRONMENTAL, SOCIAL AND GOVERNANCE POLICY
Recognizing the critical importance of sustainability, ARENSIA Exploratory Medicine (ARENSIA) is dedicated to upholding its principles for creating a balanced and thriving future. Through our Sustainability Policy, we integrate sustainability principles into our business strategy, operations, and culture. Our commitment extends beyond legal obligations, aiming to operate responsibly, contribute to long-term success, resilience, and positive social and environmental impacts.
Sustainability Principles
- Environmental Responsibility: Minimize Environmental Footprint: Responsible use of resources, reduction of waste and pollution, and conservation of biodiversity.
- Social Responsibility: Ethical Labor Practices: Promoting diversity, inclusion, and positive contributions to the communities where we operate.
- Economic Viability: Responsible Business Conduct: Ensuring long-term financial stability while being environmentally and socially responsible.
Key Sustainability Practices
- Energy Efficiency: Implementing measures to reduce energy consumption, through the using energy-efficient equipment, promoting energy-saving behaviors, and exploring renewable energy sources.
- Waste Reduction and Recycling: Setting programs to reduce waste generation, including biohazard waste disposal with authorized companies, and promote recycling of materials like paper, plastic, metal, and electronics.
- Sustainable Procurement: Preferring environmentally friendly products and services from suppliers committed to sustainability.
- Sustainable Site Management: Landscaping with native plants, reducing pesticide and herbicide use and implementing green cleaning protocols.
- Transportation: Encouraging sustainable commuting practices like carpooling, biking, walking, and using public transportation or electric/hybrid vehicles.
- Community Engagement: Partnering with local communities to support environmental and social initiatives and promoting sustainability awareness.
- Fair Labor Practices: Ensuring fair wages, safe working conditions, prohibiting forced labor, child labor, and protection of vulnerable groups.
- Health and Safety: Providing a safe and healthy work environment for all employees, contractors, and visitors.
- Integration into Business Strategy: Including environmental and social factors in investment decisions, showing preference for suppliers and partners committed to sustainability.
Service Providers / Third Parties / Vendors
Third parties contracted by ARENSIA must comply with our Sustainability Policy. Key statements of the Policy are included in all contracts/service agreements. Supplier compliance with sustainability standards is monitored through qualification audits.
Accountability
Compliance with the Policy must be verifiable at all times, ensuring traceability and transparency of measures taken. This is achieved through ARENSIA’s sustainability management plan and associated documentation.
Continuous Improvement
The Compliance Group is committed to ongoing monitoring, evaluation, and improvement of sustainability performance globally, through regular reporting, benchmarking, feedback mechanisms, and reviewing the Sustainability Policy as needed. Regularly updating our practices enhances sustainability performance.
By embedding these principles into our operations, ARENSIA aims to foster a sustainable future for our stakeholders and the global community.
