Policy brief & purpose
Our Corporate Social Responsibility (CSR) company policy refers to our responsibility toward our environment. Our company’s existence is not lonely. It’s part of a bigger system of people, values, other organizations and nature. The social responsibility of a business is to give back to the world just as it gives to us.
What is our corporate social responsibility?
Our Corporate Social Responsibility (CSR) company policy outlines our efforts to give back to the world as it gives to us.
This policy applies to our company and its subsidiaries. It may also refer to suppliers and partners.
We want to be a responsible business that meets the highest standards of ethics and professionalism.
Our company’s social responsibility falls under two categories: compliance and proactiveness. Compliance refers to our company’s commitment to legality and willingness to observe community values. Proactiveness is every initiative to promote human rights, help communities and protect our natural environment.
Our company will:
- Respect the law
- Honor its internal policies
- Ensure that all its business operations are legitimate
- Keep every partnership and collaboration open and transparent
We’ll always conduct business with integrity and respect to human rights. We’ll promote:
- Safety and fair dealing
- Respect toward the consumer
- Anti-bribery and anti-corruption practices
Examples of Corporate Social Responsibility
Protecting the environment
Our company recognises the need to protect the natural environment. Keeping our environment clean and unpolluted is a benefit to all. We’ll always follow best practices when disposing of rubbish and using chemical substances. Stewardship will also play an important role.
We’ll ensure that we:
- Don’t risk the health and safety of our employees and community.
- Avoid harming the lives of local and indigenous people.
- Support disability, diversity and inclusion.
Our company is dedicated to protecting human rights. We are a committed equal opportunity employer and will abide by all fair labour practices. We’ll ensure that our activities do not directly or indirectly violate human rights in any country (e.g., forced labour).
Donations and aid
Our company may preserve a budget to make monetary donations. These donations will aim to:
- Advance the arts, education and community events.
- Alleviate those in need.
Our company will encourage its employees to volunteer. They can volunteer through programs organised internally or externally. Our company may sponsor volunteering events from other organisations.
Preserving the environment
As a textiles recycling company, apart from fulfilling our legal obligations, FEXL will proactively protect the environment. Examples of relevant activities include:
- Conserving energy
- Organizing reforestation excursions
- Using environmentally friendly technologies
Supporting the community
Our company may initiate and support community investment and educational programs. For example, it may begin partnerships with vendors for constructing public buildings. It can provide support to nonprofit organisations or movements to promote cultural and economic development of global and local communities.
We will actively invest in R&D. We will be open to suggestions and listen carefully to ideas. Our company will try to continuously improve the way it operates.
Our company is a signatory to Textiles 2030. We’ll readily act to promote our identity as a socially aware and responsible business. Management must communicate this policy on all levels. Managers are also responsible for resolving any CSR issues.