OUR FOUR SUSTAINABILITY COMMITMENTSBY END 2025
CARE FOR PEOPLE It is essential for LTP Group to provide opportunities for our employees to develop their skills and continuously improve working, social and living conditions. We are committed to assuring we have high work safety in all factories. No one must get hurt on our shift. We also commit to involving business partners to meet high social industry standards for their own employees. FIGHT FOR CLIMATE Given the urgency of the climate change situation we will invest in renewable energy and tree planting locally and we will aim to reach emission reduction targets in alignment with the Science Based Targets initiative (SBTi). We also commit to share the carbon footprint of our products' full lifecycle. EMBRACE DURABILITY & CIRCULARITY As a manufacturer for multiple garment and furniture brands, LTP takes the responsibility to collaborate with brands and suppliers on materials substitution, product- development and innovation for design for durability and design for disassembly. We will promote knowledge sharing and sustainability standards to drive industry transformation. We also commit to minimise production waste and optimise recycling of waste. UNLOCK TRANSPARENCY We commit to open communication and demonstrate results to all stakeholders.
(Refers to the section 'Risk & Compliance, on page 31)
EMBRACE DURABILITY & CIRCULARITY
CARE FOR PEOPLE
We commit to provide equal means for all employees to meet the basic needs of their families wherever they live.
We commit to rethink material sourcing, production processes and technologies to enable
UNLOCK TRANSPARENCY
industry wide and scalable circularity solutions.
We commit to open communication with end- consumers, customers & suppliers and demonstrate results to all stakeholders
FIGHT FOR CLIMATE We commit to reach carbon equivalent neutrality within our organisational boundaries and with offsetting by end 2022 and to significantly lower the CO2 footprint per production unit by end of 2025.
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