Sustainability Statement
Proven Group of Companies is committed to driving sustainable practices across every aspect of our lead-acid battery production processes. As leaders in the industry, we recognize the importance of minimizing environmental impact, prioritizing the health and safety of our employees and communities, and contributing positively to society as a whole.
The Mid- and Long-term Quantitative Targets on Sustainability of Proven Group of Companies
- Environmental Stewardship:
- Mid-term Target (3-5 years): Reduce greenhouse gas emissions by increasing the installation of solar panels and renewable energy.
- Long-term Target (5-10 years): Achieve minimize-waste-to-landfill status by implementing efficient recycling processes, aiming for higher recovery rate for lead-acid batteries and secondary lead smelting materials.
- Responsible Supply Chain:
- Mid-term Target: Ensure that the majority of suppliers adhere to established sustainability standards and ethical practices.
- Long-term Target: Achieve full traceability of raw materials, with 100% of major suppliers complying with sustainability criteria and human rights standards within 10 years.
- Community Engagement:
- Mid-term Target: Increase community outreach programs and engagement initiatives, aiming to create positively impact in the community we work in.
- Long-term Target: Establish sustainable partnerships with local communities, contributing to socio-economic development and enhancing the quality of life for residents within the company’s vicinity.
- Innovation and Continuous Improvement:
- Mid-term Target: Invest in research and development to introduce at least two innovative eco-friendly processes by the end of 5 years.
- Long-term Target: Foster a culture of innovation and continuous improvement, aiming for higher energy efficiency in Myanmar.
- Transparency and Accountability:
- Mid-term Target: Publish annual sustainability reports with detailed metrics on environmental impact, social responsibility, and governance practices.
- Long-term Target: Achieve full transparency and accountability by regularly engaging stakeholders, conducting third-party audits, and maintaining compliance with international sustainability standards.
The Statement on the Climate Change of Proven Group of Companies
The Proven Group of Companies does identify climate change as a significant issue. We recognize the profound impact of climate change on both the environment and our business operations, as it poses risks to resources, supply chains, and community well-being. In our sustainability statement, we have outlined a comprehensive commitment to reducing greenhouse gas emissions.
To support this commitment, we have implemented several initiatives. These include investing in renewable energy sources such as solar power, which not only reduce our carbon footprint but also enhance our energy resilience and independence. We have also focused on improving energy efficiency across our operations through the adoption of advanced technologies and practices that minimize waste and optimize resource use.
In addition to our operational efforts, we have adopted sustainable sourcing practices by prioritizing suppliers that demonstrate a commitment to environmental stewardship. This approach ensures that our entire supply chain aligns with our sustainability goals.
Moreover, we actively participate in industry partnerships and initiatives aimed at addressing climate challenges. We also regularly engage with our stakeholders—employees, customers and investors —to promote transparency and accountability in our environmental practices, ensuring that we are responsive to their concerns and expectations.
By prioritizing climate action, we aim not only to mitigate risks associated with climate change but also to create long-term value for our customers, employees, and the communities we serve. Our commitment to sustainability reflects our understanding that a healthy planet is essential for a thriving business and a prosperous future for all.
