Our Commitment to Sustainability (ESG)

    Teval Elektroonika recognizes that long-term business success depends on responsible and sustainable operations. Our ESG (Environmental, Social, Governance) strategy encompasses environmental responsibility, social equity, and ethical governance to create a positive impact on both our business environment and society at large.

    We have set clear objectives to reduce our environmental footprint, ensure fair treatment of employees and partners, and uphold the highest ethical standards in our governance practices. Transparency and continuous development in ESG areas form the core values of our company.

    ESG Policy for Teval Elektroonika

    Purpose:

    This ESG policy outlines our commitment to sustainability, responsible business practices, and ethical supply chain management.

    Teval has chosen the path of striving toward being a sustainable company, keeping in mind, that a SME is not a subject to report according to ESG standard. (EU Corporate Sustainability Reporting Directive (CSRD) including the European Sustainability Reporting Standard ).

    Following industry standards we are guided by the RBA recommendations with insights to improve the ESG topics.

    Environmental Responsibility

    • Reduce carbon emissions by optimizing transportation routes and using fuel-efficient vehicles according to our Environmental and Sustainable Procurement Policies

    • Minimize packaging waste by prioritizing recyclable and eco-friendly materials.

    • Encourage suppliers to follow sustainable manufacturing and sourcing practices.

    Social Responsibility (Labor & Human Rights)

    • Ensure safe and fair working conditions for employees and logistics workers according to Teval Employee Handbook and Quality Handbook (ISO 9001).

    • Promote equal opportunities and diversity in hiring and workplace policies following our Employee  Handbook.

    • Work only with suppliers that comply with labor laws and human rights standards and accept our Code of Conduct.

    • Provide training on workplace safety and ethical business practices.

    Governance & Ethical Business Practices

    • Maintain a zero-tolerance policy on bribery and corruption set in our  Quality Handbook.

    • Protect customer and supplier data in compliance with GDPR and other privacy laws. Privacy Policy is published on our web-page.

    • Ensure that all suppliers adhere to ethical sourcing policies and avoid conflict minerals.

    • Conduct regular internal reviews to improve ESG performance.

    Supplier Code of Conduct

    This document sets out the ethical, environmental and social standards expected from all suppliers of Teval Elektroonika.

    Compliance with Laws & Regulations

    • Suppliers must comply with all applicable local, national, and international laws related to labor, environmental protection, and fair trade.

    • All electronic components must adhere to EU RoHS (Restriction of Hazardous Substances) regulations.

    Environmental Responsibility

    • Suppliers are encouraged to minimize carbon footprint, waste, and energy consumption in manufacturing and logistics.

    • Use of eco-friendly packaging (recyclable materials, reduced plastic) is encouraged.

    • Proper disposal and recycling of waste are required.

    Labor & Human Rights

    • No child labor or forced labor is permitted at any stage of production or supply.

    • Fair wages and safe working conditions must be ensured for all employees.

    • Suppliers must prevent workplace discrimination and ensure equal opportunities for all employees.

    Ethical Business Practices

    • No bribery, corruption, or fraudulent activities are allowed.

    • Suppliers must respect intellectual property rights and protect customer data.

    Supply Chain Transparency

    • Suppliers must monitor their own suppliers and ensure they also comply with ethical and environmental standards.

    • Upon request, suppliers must provide documentation proving compliance with sustainability requirements.

    Confirmation of Compliance with ISO 26000 Principles

    Teval Elektroonika OÜ is committed to operating in accordance with the ISO 26000 guidance on social responsibility. We believe that responsible business practices support sustainable development, increase the trust of our partners and customers, and create value for society as a whole.

    Our Principles:

    1. Transparency and Good Governance - we manage our company ethically, lawfully, and in an open and transparent manner.

    2. Respect for Human Rights - we ensure that our operations and supply chain do not violate human rights.

    3. Fair Labour Practices - we provide a safe, inclusive, and non-discriminatory working environment and support the professional development of our employees.

    4. Environmental Protection - we strive to reduce the environmental impact of our activities, promote the circular economy, and use resources responsibly and efficiently.

    5. Fair Operating Practices - we prevent corruption, promote fair competition, and comply with all applicable laws and regulations.

    6. Respect for Customer and Consumer Interests - we provide high-quality and safe products and services under transparent and fair conditions.

    7. Contribution to Community Development - we support local communities and value cooperation with our stakeholders.


    Our Commitment:

    We regularly assess our activities and continuously improve our processes.

    We hereby confirm that our operations adhere to the core values and principles of the ISO 26000 guidance standard.

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