At TERACAI we are committed to conducting our business with honesty, integrity, and an entrepreneurial spirit, while promoting sustainable practices that benefit our employees, customers, communities, and the environment. We believe in the power of teamwork and collaboration to drive positive change and invest in our future by promoting responsible use of resources, supporting recycling and reusing, and reducing our environmental impact. We are dedicated to fostering a culture of social responsibility, ethical business practices, employee wellbeing, and diversity and inclusion, while actively engaging with the communities in which we operate to support their development and promote a sustainable future.
At TERACAI, we are committed to operating our business in a socially responsible and environmentally sustainable manner. Our CSR policy is aligned with our values and aims to have a positive impact on the communities we serve and the environment in which we operate.
Our CSR policy is based on the following principles:
• Compliance with laws and regulations -We will comply with all applicable laws and regulations, including environmental and labor laws, and will strive to exceed their requirements whenever possible.
• Transparency and accountability -We will be transparent about our CSR practices and report on our progress in meeting our commitments.
• Respect for human rights -We will respect the human rights of our employees, customers, and other stakeholders, and will not engage in any form of discrimination, harassment, or exploitation.
• Health and safety-We will provide a safe and healthy work environment for our employees, customers, and suppliers, and will ensure compliance with all relevant health and safety regulations.
• Honesty and Integrity: We will conduct all our business with honesty, integrity, and transparency. We will comply with all applicable laws and regulations and will not engage in any form of corruption or unethical behavior.
• Teamwork -We believe in the power of teamwork and collaboration. We will work together with our employees, suppliers, and customers to promote sustainable practices and support the communities in which we operate.
• Community Commitment-We will actively engage with the communities in which we operate, by supporting local initiatives and charities, and contributing to their development.
• Entrepreneurial Spirit: -We will foster an entrepreneurial spirit by encouraging innovation, creativity, and risk-taking. We will support and reward employees who come up with innovative solutions that promote sustainability and social responsibility.
• Environmental sustainability-We recognize the importance of preserving the environment and are committed to minimizing our environmental impact by reducing waste, conserving energy and water, and promoting sustainable practices.
• Recycling and Reusing- We will promote recycling and reusing by implementing programs that reduce waste, encourage recycling, and support the circular economy.
This policy applies to all employees, contractors, and suppliers of TERACAI, and we expect them to comply with its principles.
1. Reduce Scope 2 emissions by 25% by 2025 by promoting the use of renewable energy sources and implementing energy-efficient measures in company-owned facilities.
2. Reduce Scope 3 emissions by 10% by 2025 by working with suppliers to promote sustainable practices and reduce the carbon footprint of the supply chain, embracing and marketing the circular economy through our suppliers offerings, embracing a hybrid work environment, and leveraging video conference technologies to reduce business travel.