Environmental Policy

Plast1 is committed to environmental sustainability and acknowledges the importance of reducing our impact on the environment. This policy outlines our dedication to implementing environmentally responsible practices and serves as a guiding framework for our company when setting environmental objectives.

Purpose

The purpose of this policy is to clearly communicate Plast1’s commitment to environmental responsibility and establish guidelines for our operations. By adhering to this policy, we aim to minimize our environmental footprint and contribute positively to protecting the environment and communities in which we operate.

Scope

This policy applies to all aspects of Plast1's operations, including our facilities, processes, products, and services. It encompasses our employees, contractors, suppliers, and any other stakeholders involved in our activities. Plast1 is dedicated to environmental sustainability and will strive to integrate responsible environmental practices into all aspects of our business operations.

Our Commitments

Compliance

We are committed to complying with applicable local, national, and international environmental laws, regulations, and standards relevant to our industry. These include:

  • ▪ CSRD
  • ▪ EPR for packaging

Pollution Prevention

We are committed to preventing pollution of water, land, and air by minimizing emissions, waste generation, and the release of hazardous substances. We will implement appropriate control measures and seek to continuously improve our pollution prevention efforts.

Provide Safe and Healthy Workplaces

We are committed to ensuring the health and safety of our employees is paramount. We will maintain safe and healthy workplaces by identifying and mitigating environmental risks, addressing workplace hazards (both actual and potential), and complying with relevant occupational health and safety regulations.

Stakeholder Engagement

We are committed to actively engaging with our stakeholders, including customers, suppliers, local communities, and regulatory bodies, to foster collaboration and shared responsibility in achieving environmental sustainability goals.

Ressource Efficiency

We are committed to optimizing the use of resources such as energy, water, and raw materials by implementing efficient practices, promoting conservation, and exploring opportunities for renewable alternatives.

Sustainable Procurement

Plast1 is committed to prioritizing the procurement of environmentally sustainable products and services. We will work closely with our suppliers to encourage their adoption of sustainable practices and consider environmental factors when selecting vendors and partners.

Employee Engagement and Training

We are committed to promoting environmental awareness among our employees, providing them with the necessary training and resources to contribute to our environmental objectives. We will foster a culture of environmental responsibility and encourage employee involvement in sustainable practices.

Communication and Reporting

We are committed to transparent communication regarding our environmental performance, initiatives, and progress. We will regularly report on our environmental efforts and encourage feedback from stakeholders to drive continuous improvement.

Compliance

EPR for Packaging

At Plast1, we take responsibility for the waste generated by our products, adhering to the EU's polluter pays principle. We have embraced Extended Producer Responsibility (EPR) for packaging in alignment with Denmark’s and EU’s regulatory framework.

Through our partnership with the European Recycling Platform (ERP), we are EPR-compliant in Denmark for 2024. This ensures that our packaging waste is efficiently managed, meeting legal, financial, and environmental obligations.

By working with ERP, we are able to efficiently handle our packaging waste while ensuring full compliance with local regulations and international standards. Our proactive approach reflects our commitment to sustainability, responsible packaging, and environmental preservation on a global scale.

CSRD

As regulations evolve to address environmental concerns, we at Plast1 actively engage in sustainability reporting to meet the requirements of the Corporate Sustainability Reporting Directive (CSRD).

By 2025, large companies that already adhere to the Non-Financial Reporting Directive (NFRD) must disclose sustainability-related information for the 2024 financial year. This requirement extends to all other large companies under the CSRD, including our own, by 2026, covering the 2025 financial year.

We understand that supply chains play a significant role in environmental impact for many large companies. As a responsible supplier, we are proactively working to increase transparency regarding our environmental impact. Although CSRD reporting is not mandatory for us yet, we have started the process. Our efforts include establishing strong data systems for gathering and analyzing sustainability metrics.

Our goal is to easily share this important sustainability data with our customers, helping them meet their CSRD reporting requirements effectively. We are committed to assisting our customers in achieving their sustainability objectives by providing necessary information and support.

X

Some of Plast1’s manufacturers use solar panels, up to 10% of the energy used in our factories. The remaining 90% of energy used is primarily generated from water & wind sources.

At Plast1 we constantly strive to minimize our manufacturing footprint through six initiatives:

1. Solar energy

Solar panels on the rooves of our factories generate 10% of the energy used in the manufacturing process

2. Green energy

Parts of the electricity is CO2 free, generated from water and wind

3. Heat recovery system

Our factories have reduced their energy consumption due to new heat recovery systems, which uses heat generated from the machines, to heat production halls

4. LED lighting system

LED lighting in all main production halls has further reduced the energy consumption

5. Waste management

Waste paper is pressed at factories, in order to reduce the volume of transported waste

6. Production plastic waste

All waste products from the production are re-granulated and reused

X

In 2021 more than 30% of our products are manufactured from recycled plastics material, and we continuously aim for increasing this proportion.

To increase our recycled produced number of products, we absorb more and more re-generated material. By planning in advance, we do our outmost to secure as much re-generated raw material possible. Presently we are also working close together with suppliers of re-generated material when it comes to “food safe” approved re-generated material.

X

Plast1 always work on a high technical level when it comes to development of new products and evaluation of best possible raw material to be used, product by product.

We make stress-test on all product development, in order to identify and secure minimum usage of raw material, whether it’s virgin or re-generated material at stake.

The product development team at Plast1 design and manufactures new products every year. For every new product, the consideration of product functionality goes hand-in-hand with an overall aim of reducing the plastic consumption per unit. Our team works with sophisticated stress-test software and 3D printing in the development process, and we take an honor in launching functional products with a reduced C02 footprint.

X

Local production and optimized logistics ensure lowest possible CO2 emissions.

95% of Plast1 products are manufactured in Europe. We constantly optimize our logistic solutions offering direct deliveries to our customers’ distribution centers and by this we avoid extra transport in relation to storing the products.

By avoiding unnecessary transport handling and transshipments, we reduce our overall carbon footprint. Compared with a product sourced overseas, we save approx. 11% of C02 emissions every year.

X

We constantly focus on reducing food waste, and we encourage the correct disposal of our articles at end-of-life cycle into recycling schemes.

Food waste is a global issue.

Through special directed campaigns with food storage boxes, Plast1 together with our customers encourage end-consumers to reduce usage of plastic bags, and to store leftovers in order to reduce household food waste. With in-store campaigns and product marking we help raise awareness about this issue.

Plastic is a fantastic recyclable material when disposed correctly.

All our products have labels with material specification, enabling consumers to dispose the product correctly. All raw materials are specified in the bottom of the product, according to legislation, guiding end-consumers to sort correctly as ‘Post-Consumer Waste’.