We operate with eyes on both the future and the past.
Intrinsic to Levmet’s operations is our understanding that social, environmental and governance responsibilities go beyond just values-based considerations, instead forming a commercial and strategic imperative for our business.
We recognise the risks involved in our business and that we must adapt proactively to the ever-changing market landscapes, taking our responsibility to uphold high and safe standards of operation across our business seriously.
We operate with eyes to both the future and the past so that we can continue to capitalise on opportunities, whilst also taking heed from the lessons of history, so that we can remain adaptable in the present. This mindset informs our strategic approach to sustainability and corporate responsibility, allowing us to identify commitments, set our objectives and prioritise actions that best serve our clients and the communities in which we operate.
We believe that through a conscious consideration and active management of our social responsibilities and environmental objectives, we are well positioned to continue to deal proactively with the strategic and operational tail risks inherent in the markets in which we operate.
As a business, we have turned our environmental insights into action: we have invested in a Polish wind farm project, as well as three high-grade carbon offset projects with significant additional benefits beyond the projects themselves.
Recognising the environmental and commercial imperative of sustainable business approaches, Levmet took decisive action in 2021 to offset its emissions to achieve Carbon Neutral status.
Having conducted a carbon audit in accordance with the Greenhouse Gas Protocol, the most widely accepted and recognised calculation methodology, we retired credits from our portfolio against our 2021 emissions, neutralising all Scope 2 and all measurable Scope 3 emissions. We intend to continue this on a rolling annual basis.
The credits retired were all from AA-rated nature-based projects within our portfolio, chosen in line with our strict internal guidelines relating to project quality: each project must serve a minimum of 7 Sustainable Development Goals, be verified by a leading standard, and be CCB verified. These guidelines ensure our projects deliver benefits above and beyond the project itself.
Our attitude to corporate responsibility and the integration of sustainability into our business model is guided by a strong framework centred on six core responsibilities:
Our People: To attract, develop and retain the best people in a working environment that promotes integrity, diversity, inclusion, equal opportunity, and mutual respect.
Our conduct: To ensure that our activities comply with all applicable laws and regulations and that employees abide by our Code of Business Conduct.
Our social performance: To avoid infringing human rights, to address harms that may occur and to earn and maintain a social licence to operate.
Our workplace safety: To operate and conduct our activities safely and to protect the health and wellbeing of our people and impacted stakeholders Our environment: To minimise any adverse effects from our operations on the natural environment and to adapt our business to meet the risks and opportunities of climate change.
Our supply chains: To avoid causing or contributing to adverse ESG impacts through our own activities and through the activities of our suppliers