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 striveto 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 BUSINESS ETHICS

The Code of Business Ethics, is aimed at establishing the reference framework for understanding and implementing the conduct and standards that the Company expects from its employees in their day-to-day work.

We express our values and we define a strong ethical culture that leads us to perform and serve as our basis to what is economically, environmentally, and socially right, while entailing an internal regulation of obligatory compliance.

The standards of Business Conduct and Ethics apply to all directors, senior collaborators and permanent employees of companies of the Group, as well as to non-permanent employees, interns, experimental workers, in addition to any other temporary staff.

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.

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 Business Ethics.

CORPORATE DOCUMENTS

See our Code of Business Ethics

See our Anti-Retaliation Policy

See our Environmental Policy

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.

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 ALLIANCE

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.