SUSTAINABILITY
The Environmental, Social and Governance Commitment is an integral part of SOWITEC. We are committed to following good practices in all our economic activities and mitigating any impacts. From conception to development, our projects are carried out with care, ethics, integrity and deep respect for local communities and the environment. This includes adherence to the Equator Principles and International Finance Corporation (IFC) standards. We understand that exceptional results and high standards of compliance are mutually reinforcing, leading to sustainable growth and development both for the communities surrounding the projects and for SOWITEC itself.
COMPLIANCE
Integrity and ethics represent the core values adopted by SOWITEC and supported by senior management. Our interactions, both internal and external, are based on honesty, transparency, and respect, reflecting our care for each individual and the environment.
We follow all applicable laws and regulations and promote a culture of strict compliance. We repudiate any manifestation of corruption, bribery, discrimination, or harassment. We support open and transparent communication, encouraging the reporting of possible concerns and unethical conduct, treating in a confidential and impartial manner.
ESG
SOWITEC believes that reducing its impacts on the environment, promoting a fairer society, and applying ethical, transparent and effective governance policies constitute essential strategies to be followed in all corporate spheres, ensuring best practices for all stakeholders. Thus, we reaffirm our commitment, adopting the ESG (Environmental, Social and Governance) criteria and principles in all our processes, ensuring the sustainability of our commercial operations.
CODE OF CONDUCT
The SOWITEC Code of Conduct consists of a set of guidelines that outline appropriate responsibilities and practices for both employees and the entire organization. This approach involves ethical and moral codes that must be followed. The main purpose is to prevent any violations of corporate guidelines, rules, regulations, national and international laws, promoting a standard of exemplary business behavior.
ENVIRONMENTAL COMMITMENT AND RELATIONSHIP WITH COMMUNITIES
SOWITEC believes in sustainable development, linked to energy generation and economic growth, with the conservation of the environment and the social advancement of communities in the regions where it operates. Our projects are planned and developed in accordance with local legislation and based on international sustainability standards. This approach incorporates innovations and stimulates economic, cultural, and social progress.
IFC STANDARDS
- Performance Standard 1: Assessment and Management of Risks and Socio-Environmental Impacts.
- Performance Standard 2: Employment and Working Conditions.
- Performance Standard 3: Resource Efficiency and Pollution Prevention.
- Performance Standard 4: Community Health and Safety.
- Performance Standard 5: Land Acquisition and Involuntary Resettlement.
- Performance Standard 6: Biodiversity Conservation and Sustainable Management of Living Natural Resources.
- Performance Standard 7: Indigenous Peoples.
- Performance Standard 8: Cultural Heritage.