Environmental, Social and Governance Policy

 

Oxartis recognises the importance of Environmental, Social, and Governance (ESG) factors in driving sustainable development plan and realising long-term value creation.

Our commitment to ESG principles is integral to our corporate culture, operations, and interactions with stakeholders.

Environmental Stewardship

Oxartis is committed to minimizing its environmental footprint wherever possible, by seeking for efficient use of energy and materials, and by adopting sustainable materials and practices in our operations.

We continuously seek opportunities to increase energy efficiency in our processes, aiming to reduce consumption and carbon emissions whenever possible. We also seek to minimise the generation of waste, and to use recyclable or reusable products when possible.

As we progress through our product development process, we will seek to use  renewable energy sources and eco-friendly materials in our projects whenever feasible.

We will promote environmental awareness and responsibility among our employees, encouraging them to participate in conservation efforts both in and out of the workplace.

We are committed to achieving Net Zero by 2050 and are currently evaluating our basal Carbon footprint with a view to creating a Carbon Reduction Plan document that is available to download here. measures identified in our quality management system

Social Responsibility

Oxartis is dedicated to fostering a diverse, inclusive, equitable and enriching workplace where all employees are treated with dignity and respect.

We support and promote diversity and inclusion activities. We strive to ensure that opportunities for employment, and that professional growth and advancement are  unbiased.

We prioritize the health, safety, and well-being of our employees, providing a safe working environment and support work-life balance.

We will engage with our local communities, supporting initiatives that contribute to social welfare, education, and economic development.

Governance Integrity

Oxartis is working toward ISO13485 Medical Device accredition and is committed to maintaining an ethos of evidence-based product development, through the Plan-Do-Check-Act cycle. will continuously improve our management system.

We are committed to upholding the highest standards of corporate governance, transparency, and ethical conduct.

We will adhere to all applicable laws, regulations, and industry standards, conducting our business with honesty, integrity, and fairness.

We will maintain open and transparent communication with our stakeholders, providing accurate and timely information about our ESG performance.

We will establish robust systems for risk management, internal controls, and accountability to ensure the responsible management of resources and assets.

ESG Initiatives

As an early-stage company we are limited in our ability to Part of our ESG compliance strategy is to publicise real world initiatives that we are actively undertaking in our pursuit of these goals.  We will update and refresh these initiatives at least annually.

Continuous Improvement

We will regularly review and assess our ESG performance, setting measurable targets and objectives for improvement.

We will engage with our stakeholders, including clients, employees, investors, and communities, to solicit feedback and incorporate their perspectives into our decision-making processes.

We will strive for innovation and excellence in ESG practices, seeking out opportunities to leverage technology and best practices to drive positive impact.

Summary

Oxartis upholds the integration of ESG principles into our business strategy, not only for mitigating risks and complying with regulatory requirements but also for creating value, building resilience, and driving sustainable growth in the long term.

We are committed to living up to our ESG responsibilities and contributing to a more sustainable future for all.

 

Review date: 4/3/2027

Approved: JFD