ÖLV CHARTER FOR SOCIAL RESPONSIBILITY AND SUSTAINABILITY OBJECTIVES

 

Given that ÖLV is in its early establishment phase, we are committed to the establishment of a charter for Social, Environmental, and Ethical aspects of the business as well as sustainability goals. By integrating the following CSR initiatives, ÖLV aims to contribute to the well-being of society, minimise environmental impact, and create a positive brand image that resonates with consumers who prioritise socially responsible business practices. Regular assessment and adjustment of these initiatives will ensure continuous improvement and alignment with evolving CSR standards.

Furthermore, ÖLV's establishment of a sustainability plan, as a company that utilises high-tech machinery, includes serious commitment to optimising resource efficiency, reducing environmental impact, and fostering a responsible and ethical approach to production. By implementing these sustainability measures, we aim to reduce our environmental impact, enhance operational efficiency, and position ÖLV as a leader in responsible and ethical food processing. Regular monitoring, assessment, and adaptation of the sustainability plan will allow ÖLV to stay at the forefront of sustainable practices in the industry.

 
 
 

CSR Concept for ÖLV:

Nourishing Communities, Sustaining the Future, the 10 commitments to minimize environmental impact and prioritise social responsibility practices.

 

1

Sustainable Sourcing:

ü  Implement a sustainable sourcing strategy for raw materials, emphasizing ethical practices, and supporting local farmers.

ü  Establish partnerships with suppliers committed to fair labour practices and environmentally friendly agriculture.

2

Environmental Stewardship:

ü  Set ambitious sustainability goals, such as reducing water and energy consumption, waste generation, and greenhouse gas emissions.

ü  Invest in renewable energy sources and explore eco-friendly packaging options to minimize environmental impact.

3

Community Engagement:

ü  Develop community engagement programs focused on promoting health, education and nutrition.

ü  Support local communities through initiatives like nutrition and food safety education and research sponsorship.

4

Employee Well-being:

ü  Prioritize employee health and safety, offering wellness programs and a positive working environment.

ü  Provide training programs and opportunities for skill development, promoting a culture of diversity and inclusion.

5

Responsible Production Practices:

ü  Ensure adherence to ethical labour practices throughout the supply chain.

ü  Implement responsible production practices, emphasizing the well-being of workers and fair wages.

6

Philanthropy and Social Initiatives:

ü  Allocate resources for philanthropic activities and social initiatives aligned with community needs; in both Europe and source countries of origins.

ü  Establish partnerships with NGOs and non-profits to address social issues related to hunger, poverty, and food security; and explore projects with micro-finance support involving food processing and technologies.

7

Education and Awareness:

ü  Launch educational campaigns to raise awareness about sustainable food choices, nutrition, and the environmental impact of food production.

ü  Collaborate with educational institutions to promote research and education in food-safety related fields.

ü  To also allocate resources for sponsorships of local students to undergo food-safety research and education.

8

Transparency and Accountability:

ü  Foster transparency by regularly reporting on CSR initiatives and progress toward sustainability goals.

ü  Encourage stakeholder engagement and feedback to ensure accountability in CSR efforts.

9

Ethical Marketing and Advertising:

ü  Uphold ethical standards in marketing and advertising practices, avoiding misleading claims or deceptive advertising.

ü  Communicate CSR initiatives transparently through marketing channels to build consumer trust.

10

Disaster Relief and Emergency Response:

ü  Develop a disaster relief and emergency response plan to support communities in times of crisis, such as natural disasters or pandemics.

Sustenability_social_initiative_01
social initiatives

“We are establishing relationships with an African Water Wells project using solar power to pump clean water for villagers and agricultural irrigation for farmers.”

 

Sustainability Objectives

10 objectives to align with the company social responsibility practices.

At ÖLV, we are dedicated to a ten-point strategy to reduce our environmental impact and footprint. These objectives fit with our company's social responsibility standards.

1. Energy Efficiency:
To lower total energy usage, we are specifically investing in energy-efficient equipment and technology. Our commitment is to explore the use of automation and smart sensors to optimise energy consumption in industrial operations. We made extra investments in ÖLV’s facility's design to enable the use of renewable energy sources, such solar power, to partially cover energy demands in the next phase of growth.
2. Waste Reduction:
Our waste reduction programme is implemented through the analysis of production processes to pinpoint areas for improvement, the use of sophisticated machinery to reduce product losses during processing, the integration of packaging material recycling initiatives, and the encouragement of suppliers to adopt sustainable packaging practices.
3. Water Conservation:
To cut down on water usage during production, we employ water-saving technology and procedures. As part of our commitment to sustainability, we are implementing water recycling systems to clean and repurpose water at different stages of manufacturing. We are also routinely monitoring and optimising water consumption using sensor technologies and data analytics.
4. Sustainable Sourcing:
At ÖLV, we form alliances with vendors who uphold moral and sustainable standards. Supplier that utilises technology for real-time tracking and traceability of raw materials, guaranteeing transparency in the supply chain, always encouraging suppliers to embrace eco-friendly farming methods.
5. Carbon Footprint Reduction:
As part of our commitment to social responsibility and environmental responsibility, we invest in carbon offset programmes to offset inevitable emissions. We also do thorough carbon footprint assessments to find areas where reductions are possible.
6. Digitalisation and Automation:
At ÖLV, we are dedicated to delivering continuous solutions, which is why we are investigating Industry 4.0 technologies for process optimisation and automation. Our goal is to be able to predict maintenance needs to prolong the life of machinery and reduce downtime. Our unique selling point will be our use of real-time updates from technology to spot inefficiencies and potential areas for development through data analytics.
7. Employee Training and Well-being:
We encourage a safe and healthy work environment through ergonomic design and monitoring systems to cultivate a culture of environmental responsibility among employees. In our pursuit of continuous improvement, we also provide staff training courses on eco-friendly procedures and how to handle sophisticated equipment.
8. Continuous Improvement and Innovation:
We devote resources for research and development to investigate new technologies that further promote sustainability, and we regularly evaluate and update the sustainability plan to integrate the most recent technological breakthroughs and best practices.
9. Certification and Compliance:
At ÖLV, it is imperative to be knowledgeable about and adhere to industry norms and environmental legislation. To show the company's dedication to morality and the environment, we always strive to get pertinent sustainability certifications.
10. Stakeholder Engagement:
We take great satisfaction in being open and honest about the company's sustainability efforts through a variety of channels. By doing this, we can better connect with stakeholders, such as clients, vendors, and the local community, get their input, and make improvements to our sustainability projects.
 

This is our manifesto

Employees, customers, partners, communities. We’re all part of the ÖLV family. Together, we turn agility, reliability, and technology into results.


It’s our compass. As we share our brand with the world, we remind everyone that we are more than a company, we are a force that shapes the future.