Carbonaide’s ESG Guidelines for Suppliers and Partners

At Carbonaide we are committed to operating our business in a manner that upholds the highest standards of Environmental, Social, and Governance (ESG) responsibility. As part of this commitment, we expect our suppliers and partners to share and adhere to these principles. These guidelines outline our expectations and the actions we anticipate from our partners to collectively create a more sustainable and responsible future.

Environmental Responsibility

1. Sustainability Practices

Environmental Compliance: Suppliers and partners must comply with all applicable environmental laws and regulations in the regions in which they operate.

Resource Efficiency: We encourage suppliers and partners to minimize resource consumption, reduce waste, and adopt sustainable practices in their operations, including energy efficiency, water conservation, and responsible sourcing of materials.

2. Climate Action

Greenhouse Gas Reduction: Suppliers and partners are encouraged to set goals for reducing greenhouse gas emissions and work towards carbon neutrality by implementing strategies such as energy-efficient technologies and renewable energy adoption.

Climate Reporting: Transparency is key. We expect suppliers and partners to disclose their greenhouse gas emissions and progress toward emission reduction goals.

Social Responsibility

3. Labor and Human Rights

Fair Labor Practices: Suppliers and partners must uphold fair labor practices, including fair wages, safe working conditions, and compliance with all labor laws and regulations.

Human Rights: We expect suppliers and partners to respect and protect human rights, including but not limited to preventing child labor, forced labor, and discrimination.

4. Diversity and Inclusion

Diversity and Equal Opportunities: We value diversity and expect suppliers and partners to promote diversity, equity, gender equality, anti-discrimination and inclusion within their organizations.

5. Community Engagement

Community Support: Suppliers and partners should engage positively with the communities in which they operate, fostering mutually beneficial relationships and contributing to local development when possible.

Governance Responsibility

6. Ethical Business Practices

Anti-Corruption: Suppliers and partners are required to conduct their business affairs with integrity and adhere to anti-corruption laws and regulations.

Transparency: We expect transparency in financial reporting and corporate governance, including disclosure of potential conflicts of interest.

7. Data Privacy and Security

Data Protection: Suppliers and partners must handle personal and sensitive data with care, following data privacy laws and industry best practices for data security.

8. Compliance and Reporting

Compliance: Suppliers and partners are expected to regularly assess and ensure compliance with these ESG guidelines.

Reporting: Suppliers and partners may be requested to provide periodic reports on their ESG performance and initiatives.

By adhering to these ESG guidelines, Carbonaide and its partners and suppliers can collectively contribute to a more sustainable and responsible business ecosystem. We are committed to working collaboratively to achieve our ESG goals and make a positive impact on the world.

Carbonaide reserves the right to assess compliance with these guidelines and may require corrective actions or terminate partnerships with those who do not meet the outlined ESG expectations.