Environmental Policy Statement

Picolab Technologies Ltd. is dedicated to minimizing its environmental impact and promoting sustainable practices throughout our operations. Our commitment aligns with our vision of advancing scientific progress responsibly and sustainably. We aim to operate in a way that not only meets the needs of today but preserves resources for future generations.

Scope
Our approach to environmental responsibility spans multiple areas, focusing on:

  • Responsible procurement practices
  • Efficient and eco-friendly transportation and logistics
  • Effective waste management and reduction
  • Pollution prevention and control measures
  • Investment in renewable energy and sustainable utilities

Our Responsibility
At Picolab, we promote environmental accountability at both corporate and individual levels across our workforce and stakeholders. We are committed to take all the necessary measures that enables us to identify, assess, manage, and control the environmental impacts of our activities, products, and services. All our operations are designed to ensure that we operate sustainably and transparently, enhancing our contribution to a greener, more sustainable and safer planet.

Environmental Focus and Climate Goals
Climate action is embedded within our strategic objectives and decision-making processes. Our goal is to achieve net zero emissions by aligning with scientifically backed climate targets. We are committed to monitor our progress and implement initiatives that address significant environmental impacts.

Sustainable Development Goals
To ensure continuous improvement in our environmental performance, Picolab is committed to:

  • Reducing carbon emissions and pollution from our operations, products, and services.
  • Minimizing landfill waste through recycling and responsible disposal practices.
  • Collaborating with suppliers to encourage environmentally friendly practices across the supply chain.
  • Conducting regular environmental awareness training for all employees.
  • Complying with environmental regulations and industry standards.
  • Reducing energy consumption and investing in renewable energy sources wherever feasible.
  • Annually reviewing and updating our environmental performance goals, ensuring alignment with our net zero ambition.

Stakeholder Engagement
Picolab actively engages with our suppliers, customers, and other stakeholders to uphold responsible environmental practices throughout our network. We encourage innovation and collaboration with our suppliers on environmental, social, and governance issues, identified through our sustainability assessments. Our commitment also extends to understanding and supporting our customers’ environmental objectives, helping them achieve their own carbon reduction targets wherever possible.

Accountability and Disclosure
Picolab has implemented a comprehensive carbon reduction plan, with performance against our environmental objectives documented and communicated in an annual sustainability report. This transparency ensures our environmental actions are aligned with our overall mission and sustainability goals.

Commitment
This policy has the full support of Picolab’s senior management and employees. Our leadership is responsible for implementing, maintaining, and communicating this policy throughout the company. We are committed to reviewing this policy regularly to ensure it remains relevant to our goals, regulatory requirements, and the scale of our operations.

Mohammad Farhan Islam
Director
Picolab Technologies Ltd.
October, 2024