Sustainability
Sustainability promotes responsible resource use for environmental, economic, and social balance.
Sustainable Practices
Oriental G.T. FZE understands that to thrive in today’s global marketplace, sustainability must be integral to our business practices. Therefore, our vision is to incorporate the environmental, social, and economic aspects of sustainability into our core business strategy. We aim to cultivate a profound understanding of the megatrends that will influence our company and society for decades to come. Additionally, we recognize that our approach to these megatrends must be woven into the very fabric of our business processes, tools, and priorities.
Our sustainability vision and strategy acknowledge that there are no straightforward solutions to the environmental, social, and economic challenges facing society. We must regularly assess our achievements and challenges. As such, we view sustainability as a journey that requires ongoing learning, adaptation, and enhancement of our fundamental business processes in response to the diverse priorities of our stakeholders. We are committed to optimizing our impact, reassessing our priorities, and ensuring that sustainability is a key perspective in our core business strategy.
Commitment and Action Plan
Oriental's sustainability efforts are driven by a materiality process that ensures alignment between our business objectives and sustainability strategies. This alignment allows us to concentrate our resources on the risks and opportunities that matter most to our stakeholders and contribute to our long-term success.
We have also begun exploring the newly adopted United Nations Sustainable Development Goals (SDGs) to identify how Oriental’s products and services can enhance human welfare, promote inclusive and sustainable industrialization, and foster innovation.
These focus areas guide us in prioritizing activities, allocating resources effectively, and determining where to develop key processes and metrics to track our performance both now and in the future. Through regular materiality assessments, we will continue to review these priorities to ensure we are addressing evolving risks, opportunities, and stakeholders’ expectations.
Sustainable Innovation Strategies
At Oriental G.T. FZE, we continually challenge ourselves to generate innovative ideas across all aspects of our business. From developing solutions that help our customers—and their customers—achieve sustainability goals, such as higher crop yields, cleaner energy, and improved healthcare, to inspiring our employees to create "The Tobacco Company of the Future" with lower health risks, innovation is at the core of our vision. It not only gives us a competitive advantage but also ensures a sustainable future. We approach innovation through the lens of sustainability, embedding these priorities into our strategy. By combining sustainability, technology, and innovation, we believe we can create value that far exceeds the sum of its parts.
From a sustainability perspective, we consider global megatrends such as climate change and resource scarcity, assessing how these challenges could impact our business. We respond to these risks with a spirit of innovation while maximizing economic value for our customers and our company.
Energy and Resource Optimization
As Oriental G.T. FZE acknowledges global concerns around climate change and resource scarcity, we recognize the challenge of growing our business while minimizing our environmental footprint. With tobacco as our primary raw material and non-renewable resources powering much of our production processes, we are keenly aware of our environmental impact and the need to implement more efficient processes to reduce our greenhouse gas emissions. Our cigarette production is heavily dependent on finite resources, making responsible resource management essential. To minimize our environmental impact, we are focusing on reducing material losses and adopting the principles of a circular economy, where waste and by-products from manufacturing are repurposed as valuable inputs.
Protecting natural resources is integral to our goal of becoming a world-class business that manages all materials wisely. We understand that our environmental impact extends beyond our own operations. Given our wide geographic reach, we believe it is crucial to set strong internal performance targets to effectively manage our environmental footprint.
Research & Development
To meet our stakeholders' economic expectations and foster sustainable growth, we invest in people, customers, and communities. A significant portion of our capital is allocated toward energy and environmental enhancements for our existing manufacturing facilities, along with the development of advanced technology centers. These investments drive greater efficiency, lower operating costs, and reduce our environmental footprint.
Our focus on creating value through innovation is a key factor in generating economic growth. By developing highly efficient manufacturing processes and offering sustainable market solutions, we are positioning ourselves as a leader in addressing future challenges. Integrating sustainability criteria into the innovation processes at our global research and technology centers is helping us develop pioneering solutions that will meet the evolving demands of sustainability.
Close collaboration with customers allows us to align our sustainability strategy with their internal goals, providing them with the solutions needed to thrive in the marketplace. Embedding sustainability into our business strategy maximizes economic benefit and adds value across the entire value chain.
Governance
To drive growth and meet our stakeholders' economic needs, we prioritize investments in our people, customers, and communities. We allocate substantial capital to energy and environmental upgrades at our existing manufacturing facilities, as well as to the development of advanced technology centers. These strategic investments are improving our efficiency, lowering operating costs, and minimizing our environmental impact.
Our emphasis on innovation as a core driver of economic value is key to our success. We are developing highly efficient manufacturing processes and enabling sustainable market solutions. By embedding sustainability criteria into the innovation processes at our global research and technology centers, we are fostering the groundbreaking solutions needed to tackle future sustainability challenges.
Collaborating closely with our customers allows us to align our sustainability strategy with their internal goals, delivering the solutions they need to succeed in the market. By integrating sustainability into our overall strategy, we maximize economic benefits and create value across the entire value chain.