Sustainability Goals And Achievements

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Vethy: Leading the Charge in Sustainability and Corporate Responsibility

Vethy champions environmental sustainability and corporate responsibility through green manufacturing, eco-friendly innovations, and energy efficiency. Committed to reducing its carbon footprint, the company has set ambitious sustainability goals, including achieving carbon neutrality and zero waste to landfill. Vethy's initiatives extend beyond operations to include community engagement, employee wellness, and supporting green technologies. With significant achievements in renewable energy use and sustainable product development, Vethy is leading the way in promoting a more sustainable and responsible automotive industry.

Goals

  • Carbon Neutrality

    Target to achieve carbon neutrality in operations by 2030 through renewable energy adoption, improved energy efficiency, and carbon offset initiatives.

  • Zero Waste to Landfill

    Commitment to achieve zero waste to landfill by 2025 by enhancing recycling programs, reducing packaging materials, and adopting circular economy principles in product design and manufacturing.

  • Water Conservation

    Reduce water usage in manufacturing processes by 50% by 2030 through the implementation of water-saving technologies and wastewater recycling systems.

  • Sustainable Supply Chain

    Goal to ensure 100% of suppliers adhere to sustainable and ethical practices by 2025, including strict standards for emissions, waste management, and labor practices.

  • Increase in Eco-friendly Products

    Aim to have 70% of product portfolio consist of environmentally friendly or sustainably manufactured products by 2030.

Achievements

  • Renewable Energy Adoption

    As of 2023, 40% of Vethy's energy needs are met through renewable sources like solar and wind, significantly reducing the carbon footprint.

  • Waste Reduction Initiatives

    Successfully reduced manufacturing waste by 30% since 2020 through improved waste segregation, recycling, and the use of recycled materials in production.

  • Enhanced Energy Efficiency

    Achieved a 25% reduction in energy consumption in manufacturing facilities since 2018 through energy-efficient machinery and smart energy management systems.

  • Employee Sustainability Training

    More than 85% of Vethy's workforce has participated in sustainability training programs, enhancing overall awareness and engagement in the company's sustainability efforts.

  • Community Solar Projects

    Funded and installed community solar power projects in three regions, contributing to local sustainable energy initiatives and community development.

  • Green Product Lines

    Launched a line of eco-friendly automotive parts, including components for electric vehicles, that are manufactured using sustainable materials and processes.

  • Sustainable Packaging

    Implemented sustainable packaging across 60% of products, utilizing biodegradable and recycled materials, and aiming for 100% sustainable packaging by 2025.

  • Biodiversity Projects

    Engaged in multiple biodiversity projects, planting over 10,000 trees and establishing green spaces in industrial areas to promote ecological balance.