9. Recycling And Circular Economy Policy

INTRODUCTION

Aluminij Industries d.o.o. (hereinafter “Aluminij Industries” or “we”) is responsible for approving the recycling and circular economy policy for all employees and companies under M.T. Abraham Group, who were engaged with the common goal of creating a work environment that supports the aforementioned policy.

This policy applies to our entire organization and those with whom we do business or are our partners, including suppliers, sellers and contractors.

PURPOSE

Recycling is essential for modern business with materials such as aluminum and provides raw material for the same supply chain. Recycled or secondary aluminum is about 95% less energy intensive to produce than new or primary aluminum. Aluminum, as a material, can be endlessly recycled. This is why, according to estimates, 75% of all aluminum ever produced is still in use today.

Aluminum cans can serve as a striking example, since they are the most sustainable type of beverage packaging in almost every respect. With better recycling rates and a far greater proportion of recycled material than glass or plastic, aluminum cans are a tailor-made product that enables a highly circular economy in the industry in which they are used.

It is very important to emphasize that aluminum does not lose its original properties through recycling and that it has a high internal material value. These are the reasons from which it follows that it is also profitable from an economic point of view to return aluminum to the circular cycle consisting of decomposition, separation and reuse. One of the great advantages of aluminum is that it can be recycled extremely easily and efficiently, and in a way that does not impair its quality. In addition to favorable mechanical properties with excellent reshaping, light weight and resistance to corrosion, aluminum is a material that, compared to other metals, has a significantly lower impact on the environment.

Environmental protection and preservation of natural resources are the focus of Aluminij Industries d.o.o. which, considering the increased production on a global level with the simultaneous reduction of raw material stocks, is considered a commendable commitment.

In order to establish a line of sustainability, the best way is to form a circular business model that ensures the reuse of resources. Aluminum as a material fits perfectly into this – it retains its qualitative properties even after an unlimited number of recyclings. Namely, the entire production of logs, blocks and small ingots, which are products of Aluminij Industries, is based on the principle of recycling, i.e. aluminum products that have already been used as raw materials.

We want to initiate and support the recycling of aluminum packaging, but achieving this goal requires a comprehensive, responsible and reasonable consumer culture of recycling. The entire recycling agenda fully fits into our Company’s clear commitment to environmental protection and the preservation of natural resources.

VIOLATION OF POLICY

Violation of the law, this Code of Conduct or Aluminij Industries policy has appropriate consequences, including potential termination of employment. Failure to report knowledge of a breach, attempting to prevent a colleague from reporting a breach and falsely reporting a breach may also have consequences. All criminal offenses are reported to superiors.

POLICY OVERVIEW