1X Technologies Environmental Sustainability Policy
First and foremost, 1X Technologies Cable Company strives to build environmental sustainability into everything we do.
In addition to this, our team takes pride in empowering you while continuously lowering our impact on the environment.
Truly, we love to deliver you unbelievably amazing value!
Our value is delivered not just in our top-of-the-line wire & cable products, but we also provide value by offering you better options for preserving the world we live in.
Undoubtedly, our goal is to always exceed your expectations and the expectations of the local communities where we do business.
Partnering with the best of the best!
Importantly, as a preferred wire & cable supplier to major companies who are leaders in sustainability, we are building our internal environmental systems right alongside the global sustainability leaders.
Indeed, organizations such as The Walt Disney Company, Apple, and Coca-Cola are valued partners, offering 1X Technologies statistical benchmarks to live up to in sustainability.
We welcome the challenge and will continue to improve every single day.
Specifically, we are striving to meet long-term goals of attaining a Net-Zero state of greenhouse gas emissions, reducing waste, while conserving water.
Concerted Sustainability Efforts in Wire & Cable Manufacturing
Importantly, we’re reducing our impact on the environment through scientifically proven, actionable measures focusing on these four fundamentals…
First: We supply industry-leading Minimum-Order-Quantities & short runs of wire & cable, effectively eliminating waste.
Second: We develop manufacturing processes with a laser focus on energy & resource efficiency.
Third: We promote environmental responsibility by encouraging suppliers, sub-contractors & customers to adopt international environmental standards.
Fourth: We conduct operations in an environmentally sound manner. We apply environmental management systems with a focus on continuous improvement & emphasis on the three keys: reduce, reuse, & recycle.
Without a doubt, we know that even small changes can make a BIG impact on our planet!
Remember… small changes.
BIG Impact!
Choosing a like Minded Sustainability Partner as your Wire & Cable supplier
If you believe environmental sustainability is important and would like to buy from a wire & cable company that shares your vision, please consider 1X Technologies as your electrical and electronic wire & cable supplier.
Unquestionably, we’re Manufacturing a better planet by working hand-in-glove with great partners like you.
Below you will find our environmental sustainability policy.
1X Technologies LLC Sustainability Policy
Policy Effective Date: May 15, 2015
PURPOSE AND SCOPE
1X Technologies LLC employs this Policy to define the fundamental principles for its commitment to the well-being of its Users, communities and the environment, uphold 1X Technologies LLC’s Core Values and comply with Applicable Law.
This Policy applies to anyone accessing, participating in, or impacting the Program including, but not limited to, employees, consultants, contractors, temporary employees, property managers, owners, franchisees, and vendor personnel (“Users”).
INTRODUCTION
1X Technologies LLC is committed to being the leader in environmental sustainability (“Sustainability”) and protecting the Earth’s natural resources through education, innovation, and the efficient use of land, energy, water, and green products/services in all its operations. It is committed to mitigating climate change and to meeting global policies and legislation to reduce carbon emissions.
Environmental sustainability is one of four focus areas of the 1X Technologies Cable Company Social Responsibility Program (“1XTSR”). The 1XTSR Program-focused pillars include: championing diversity and inclusion, protecting human rights, supporting our communities (philanthropy), and leadership in sustainability.
1X Technologies LLC takes reasonable steps to manage its Environmental Footprint and develop programs to reduce energy and water consumption and increase waste diversion as well as increase our usage of green products and services. 1X Technologies LLC tracks and measures its sustainability performance, manages risks, and delivers triple bottom line benefits by focusing on People (Human Capital/Community), Planet (Natural Capital), and Profit (Economy). 1X Technologies LLC has established baselines and will report performance results annually mirroring externally recognized third-party reporting mechanisms and rating agencies including but not limited to: Global Reporting Initiative, CDP, and Dow Jones Sustainability Index. Performance reporting enables stakeholders to gauge social responsibility efforts (also called Environment, Social, and Governance (“ESG”)) in conjunction with financial reporting to evaluate overall company performance. 1X Technologies LLC also works with governments, nonprofit organizations, and academic institutions to develop solutions to climate change.
To that end, 1X Technologies LLC has developed the 1XTech® Green Program or the Program. The Program is designed to not only benefit its customers, associates, and shareholders but also the communities in which it operates. The Program enhances 1X Technologies LLC’s reputation, delivers positive economic and environmental benefits, and helps 1X Technologies LLC attract and retain talent. The Program enables 1X Technologies LLC to optimize its risk management efforts and measure its results both quantitatively and qualitatively to drive competitive advantage by achieving short and long-term sustainability goals.
POLICY
3.1 Sustainability. All Users are responsible for supporting 1X Technologies LLC’s Sustainability goals.
3.2 The 1XTech® Green Program. Senior Executive Leadership (“EC”) endorses the mission, authority, and structure of the Program and is committed to taking appropriate steps to comply with Applicable Law. The EC has charged the Social Responsibility Department in conjunction with the Social Responsibility Council with developing, maintaining, and communicating Sustainability policies. The Social Responsibility Department, subject to the oversight of the Social Responsibility Council, is responsible for the overall administration and management of the Program. The Social Responsibility Department in conjunction with the Social Responsibility Council is responsible for implementing processes and controls that identify, respond to, and remediate issues with regards to environmental or Sustainability issues and/or information regarding 1X Technologies LLC’s facilities, products, services, and supporting processes.
3.3 1XTech® Green Toolbox.
- The Social Responsibility Department in conjunction with the Social Responsibility Council is responsible for developing the Program’s strategies, processes, and procedures that support the Program’s objectives, including the implementation of the 1XTech® Green Toolbox including related funding and resources.
- Facility Administrators or Operators are responsible for monitoring, tracking, and using the 1XTech® Green Toolbox and/or applicable resources as specified by the Social Responsibility Department in conjunction with the Social Responsibility Council.
- The Social Responsibility Department is responsible for granting Facility Administrators or Operators the appropriate level of access to the 1XTech® Green Toolbox and its resources.
- The Social Responsibility Department will coordinate with Information Technology when any technology tools and/or technical support is required for Sustainability initiatives.
3.4 Environmental Management.
- 3.4.1 Minimize Environmental Footprint. Facility Administrators must take reasonable and appropriate steps to minimize the Environmental Footprint of Facilities, including purchasing and procuring environmentally responsible products and services used in Facilities and taking steps to reduce waste to landfills. Waste includes, but is not limited to, electronic devices, paper, glass, plastic, and metal plus food products. When disposing of waste, Users must comply
with Applicable Law, including 1X Technologies LLC’s policies regarding Information Security, Privacy, and information management.
- 3.4.2 Environmental Incident Response. The Social Responsibility Department will partner with other areas of the organization as well as serve as a member of the Executive Incident Response team to access the potential impact to 1X Technologies LLC’s assets and associates in regard to any environmental incident. In addition, the Social Responsibility Department will be responsible for assisting those associates impacted at any of our corporate, owned, or managed properties
3.5 Reporting and Monitoring Environmental Risk.
- The Social Responsibility Department in conjunction with the Social Responsibility Council is responsible for: (1) tracking, measuring, and reporting on 1X Technologies LLC’s environmental performance to be utilized by stakeholders and rating agencies; (2) obtaining credible third-party verification and financial review of data and metrics, including 1X Technologies LLC’s Environmental Footprint; and (3) maintaining oversight of existing and new Sustainability products/services. The Social Responsibility Department will lead the data validation process through independent third-party verification providers.
- Appropriate tracking of Sustainability regulations and environmental controls must be built into 1X Technologies LLC’s business practices. Such tracking must be commensurate with the level of risk and comply with Applicable Law.
- The Social Responsibility Department in conjunction with the Social Responsibility Council shall monitor and track Facilities and 1X Technologies LLC’s related Environmental Footprint and activities to comply with Applicable Law and/or reporting requirements that meet 1XTech®’s Sustainability goals. The Facility Administrators are responsible for understating and applying applicable legislation/regulation at the property level.
3.6 Training and Communication.
- 1X Technologies LLC will provide appropriate Sustainability training to Users and Facility Administrators. It is the Facility Administrator and User’s responsibility to attend required training sessions.
- The Social Responsibility Department in conjunction with the Social Responsibility Council, and Communications department, shall develop ongoing communications with key stakeholders both internally and externally about the Program, including but not limited to, ESG reporting, requests for proposals, third-party reviews, and 1X Technologies LLC’s Sustainability performance.
3.7 Management of Third-Party Vendors.
- The Strategic Sourcing Department, with the assistance of the Social Responsibility Department, is responsible for oversight of third-party vendors who supply and develop Sustainability products and services to 1X Technologies LLC.
- The Social Responsibility Department, together with the Strategic Sourcing Department, is responsible for administering all surveys related to the corporate social responsibility performance of vendors and their products. Administered surveys are intended to track third-party vendor performance and other products, services, and information aligned with the Program.
RESPONSIBILITIES
It is the responsibility of all Users to understand and comply with this Policy. Upon discovery of a violation or perceived violation of this Policy, the User will immediately notify the Social Responsibility Department or a member of the Senior Leadership of the Social Responsibility Council as soon as possible. It is the responsibility of the Senior Leadership of the Social Responsibility Council to review this Policy on an annual basis.
DEFINITIONS
“Applicable Law” means any applicable regulation, statute, rule, industry-standard, contractual requirements, Company policies, standards (including privacy notices), and procedures.
“Facility Administrators or Operators ‘ are individuals or groups of individuals designated by the Sustainability Department with responsibility for monitoring, tracking, implementing and/or maintaining 1XTech® facilities and also the Environmental Footprint of our facilities and related activities. If an individual or group is not designated by the Sustainability Department the responsibility will be that of the property general manager.
“Company” means 1X Technologies LLC. and its subsidiaries.
“Environmental Footprint” means the measurement of natural resources or sources (e.g., oil, coal, gas, water, plants, and wood) used by the Company through business activities such as working, printing, traveling, and meetings. These activities are translated into common sets of measurements and then can be defined as a footprint of a business, building, person, or activity.
“Environmental Incident” is an environmental activity (e.g., unplanned event, natural disaster, etc.) that impacts Facilities and requires review, intervention, and/or remediation by 1X Technologies LLC.
“Environmental, Social and Corporate Governance” or “ESG” refers to the three central factors in measuring the sustainability and ethical impact of an investment in a business.
“Facilities” means any physical location where 1X Technologies LLC conducts business.
“Information Resources” means information and related resources, such as computers, cell phones, or other electronic devices. “People (Human Capital)” means treating our associates and communities fairly, as well as saving the environment and improving health with clean air and water.
“Planet (Natural Capital)” means conserving the earth’s resources and our natural environment by recycling, reusing, and reducing the consumption of resources.
“Profit” means providing an economic benefit either through an increase in revenues or a reduction of expenses.
“Senior Executive Leadership” or “EC” consists of 1XTech®’s Chief Executive Officer and his or her direct reports.
“Senior Leadership of the Social Responsibility Council” is an officer of 1X Technologies LLC and a member of the Social Responsibility Council who has been appointed by the CEO or designated sponsor of the Program.
“Sustainability” means meeting the needs and resources of the present generation without compromising the ability of future generations to meet their own needs.
“Sustainability Leadership Council consists of executive officers, senior leadership members, key leaders with representation from areas including Operations, Legal, Finance, Communications, Human Resources, and Information Technology. This council meets quarterly to develop and implement the Program strategies and initiatives, as well as track program progress for each business.
“1XTech® Green Program” or “Program” means the Sustainability Program for 1X Technologies LLC.
“1XTech® Green Program Charter” means a document that outlines the philosophy, motivation, scope, and objective of the Program. It also outlines the governance structure and defines the key functional areas of responsibility.
“1XTech® Green Toolbox” means an online computer software tool that tracks 1X Technologies LLC’s Environmental Footprint. It captures the resource usage of 1X Technologies LLC’s buildings and activities in its Facilities. This software not only captures energy usage such as electricity, gas, water, and waste but also tracks projects and legislation that require- buildings to report their Environmental Footprint and other related activities.
VIOLATIONS
Any violation of this Policy may result in disciplinary action, up to and including termination of employment. This document shall not be construed to represent a contract of employment between the Company and any User or third party. Any User who is requested to undertake an activity which he or she believes is in violation of this Policy must report his or her concerns to his or her manager, any other manager or the Human Resources Department, and/or the Integrity Line as soon as possible.
MANAGER
Chief SR Officer
QUESTIONS & CONCERNS
Questions and concerns may be directed to the Chief SR Officer (Marie Lee) using the secure message portal at 1xtechnologies.com