FOSTERING GOVERNANCE FROM OUR CORE TO LOCATIONS WHERE WE OPERATE

Each and every action taken by the Selenis team determine the present and the future of the company. Therefore, our management model and governance bodies oversee compliance with legal and regulatory requirements, proper economic development and manage policies and practices in every place we operate.

Selenis combines economic perspective with an obligation to foster sustainability practices that protect our environment, training our employees on the values that must guide their behavior, while communicating all of our actions in a way that's reliable, transparent and verifiable.

We strive to meet the expectations of today’s conscious consumers through our solutions, while taking into consideration the needs of the most vulnerable communities. Selenis aims to foster governance from our core to locations where we operate, preserving the highest standards of business conduct and corporate governance practices.

CODE OF ETHICS

In 2022, we merged our Code of Business Ethics and our Anti-Retaliation Policy to develop a Code of Ethics, that reflects our updated values and embraces our company's regenerative approach. Selenis upholds a business culture that is free of harassment, discrimination, misconduct, abusive conduct, retaliation, and degenerative practices.

Selenis’ Code is not based only on a set of norms, but also on a reflection of our unwritten corporate culture that gives meaning to the values and principles that lead us on our decision-making process throughout the years.

The Code establishes the rules and procedures that all employees of Selenis must follow, and it is inspired by our vision, mission, and values. Additionally, the Code provides support and guidance to ensure that our conduct always meets the highest ethical standards. 

ETHICS COMMITTEE

In 2022, we created our first Ethics Committee to handle concerns from employees and the rest of stakeholders. The Committee is made up of people from different departments, countries, and professional categories, to ensure that all employees have direct access to committee members. The Committee meets every three months, and complaints receive a response on further procedure in a maximum of one week.

Our employees have been informed about the new Code of Ethics, as well as the procedures and details linked to the Ethical Reporting Channel and the Ethics Committee.

OUR PRINCIPLES AND INTEGRITY

At Selenis we further enhanced our commitment to respect people and human rights, our environment, and operate with integrity. We promote the adoption of the Universal Declaration of Human Rights (UDHR), the UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises and the ILO Core Conventions on Labour Standards. Our commitment is reported in our Code of Ethics.

CORPORATE DOCUMENTS

GOOD GOVERNANCE

MESSAGE FROM OUR PRESIDENT

Conducting our business with honesty, integrity and transparency is not only what we should do, but it is also critical to the continuity, sustainability and development of our business in the long run. Our Standards of Business Conduct express the high standards of integrity that we demand from our employees around the world. They are a key factor in the IMG Group's strategy

- IMG President

ROADMAP FOR A SUSTAINABLE COMPANY IN THE PET SECTOR

At Selenis, our executive management team is continuously evaluating group performance, in the economic, environmental and social aspects, with a critical eye.

Our goal is to continuously enhance our actions. Our future outlook focuses on achievement of a true circular economy. This is attainable through the innovative solutions we offer our customers so that together we can meet the global pledge to close the loop.

Not only does Selenis’ core business emphasizes sustainability, but we also make it our mission to extend our sustainable approach to the whole PET value chain.

SUSTAINABILITY COMMITTEE

The IMG Group has established a well-structured Sustainability Committee that serves a critical coordinating function to steer our sustainability strategy into a competitive advantage for our businesses.

Our Sustainability Committee continually works on a variety of projects, either internal or through partnerships with customers and suppliers, with the goal of maximizing our positive impact on the world. The committee is devoted to addressing the impact of PET resins and accelerating a circular economy by exploring solutions that close the loop.

MEMBERS OF THE COMMITTEE

The team is composed by C-level and managing positions to accelerate the decision-making process. The committee is accountable for the sustainability strategy and performance of all our business units.

IMG GROUP

President
Chief Marketing and Sustainability Officer
Sustainability Manager
Chief Operations Officer
Social Impact Manager
Head of Quality
Responsible for representation at external entities

EVERTIS

Chief Executive Officer
Chief Product Officer
Chief Sales Officer Europe
Chief Sales Officer Americas
Head of Recycling

SELENIS

Chief Executive Officer
Chief Sales Officer
Head of Special Projects & Partnerships
Head of Research & Development
Responsible for new product trials

OBJECTIVES OF SUSTAINABILITY COMMITTEE

The main goal of our Sustainability Committee is to integrate all business units that individually, or in partnership with other business units, contribute towards the development of new raw materials or products that positively contribute towards our sustainability strategy:

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Address and meet our policy, objectives, and sustainability guidelines 

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Regularly review our sustainability performance and KPIS

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Promote relations with different stakeholders and try to meet their needs

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Continuously define and carry out new projects as opportunities appear

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Measure and manage non-financial risks

The committee’s intentions are to promote legislations, directives, customers’ and the markets’ sustainability goals through:

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New raw materials or products with enhanced physical or chemical properties

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Raw materials, products or processes for easy recyclability

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Raw materials, products or processes that promote a circular economy

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Raw materials or products that allow our customers to reduce the weight of their products, whilst maintaining properties and integrity

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Partnerships with suppliers that promote the sustainability of our end-products

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Participation and integration in organizations and entities that promote recycling, circular economy, reduction in CO2 emissions and sustainability

SUSTAINABILITY INTEGRATION IN OUR GROUP STRUCTURE

Selenis believes that turning sustainability targets into realities is only achievable if sustainability is fully integrated across our organization and built into our business strategy. Cross-functional teams are set up to work on new opportunities and minimize emerging threats.

MEMBERSHIPS, PARTNERSHIPS & ASSOCIATIONS

Selenis believes in close engagement with organizations who share the same commitment to create initiatives, upgrade our sustainability performance and achieve global goals that affect all of us.

Either directly or through our sister-company Evertis, our group is a member or associate of the following Foundations and Associations:

HIGHLIGHTED ALLIANCES

SOCIEDADE PONTO VERDE

As of 2008 Evertis and SPV have collaborated together in the recycling of post-consumer PET in Portugal. At times we have recycled up to 90% of Portugal’s recovered PET bottles. 

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