ENVIRONMENTAL RESPONSIBILITY AND COMPLIANCE
IN GENERAL The Company has a legacy of solving problems in workshops, factories, and homes around the world since 1953. Our maintenance products help to preserve valuable resources, ensuring equipment, tools, and machinery operate efficiently and last longer. This prevents or delays the purchase of new items – as highlighted by our worldwide Repair Challenge campaign – and contributes towards reducing the consumption of the world’s resources. The Company recognizes our collective responsibility to help protect the planet and is committed to reducing the impact our Company has on the environment. We expect Suppliers to work with us towards meeting our environmental goals and GHG emission reduction targets. Relevant items from the Code include:
COMPLIANCE WITH LAW Suppliers must comply with all applicable environmental laws, rules and regulations concerning environmental impacts and protection, including energy, greenhouse gas emissions, waste, and water. EMISSIONS MANAGEMENT AND GREENHOUSE GAS EMISSIONS Suppliers must develop robust means to monitor, track and document all emissions to air, water, and soil from their facilities, as well as the wastewater generated, in order to identify and improve aspects that can be controlled and influenced. Suppliers must work towards quantifying their Scope 1 and Scope 2 greenhouse gas emissions (and Scope 3 where appropriate) on a periodic basis and share this data with the Company. Suppliers are strongly encouraged to set their own targets to minimize greenhouse gas emissions, and to collaborate with the Company on projects to reduce emissions in the overall value chain.
ENERGY USAGE AND RENEWABLE ENERGY Suppliers are strongly encouraged to take appropriate steps and set targets to minimize the use of energy, as well as put in place energy saving strategies. Wherever possible, Suppliers should implement a strategy to phase out fossil fuels for electricity generation and implement renewable energy strategies as an alternative.
6 | WD-40 Company Responsible Sourcing Policy October 2024
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