ESG Policy

LMPH is an innovation-driven energy company that addresses the need for clean manufacturing of industrial gasses and flexible, distributed heat and power, to enable the transition to net zero and support local energy infrastructure.

Our ESG commitments are an integral part of LMPH’s business strategy, and our projects are evaluated to live up to or deliver above the UN sustainable development goals for our sector. We are dedicated to making a positive impact on the environment, society, as well as governance practices, thereby contributing to a more resilient and prosperous future for all stakeholders.

In line with our commitment to sustainability, our efforts are targeted to support the 1.5-degree goal and the Paris Agreement, further reinforcing our dedication to a sustainable and responsible future.

 

Environmental

At Landmark Power Holdings, we are committed to being a responsible and sustainable manufacturer of industrial gases, power, and heat. We strive to harness any emissions and contribute to a low-carbon future. LMPH continually strive to minimise our environmental footprint by adopting the latest technologies and best practices in both production, generation and carbon capture and storage, as well as throughout our value chain. Our efforts are centred around reducing greenhouse gas emissions and promoting clean energy generation and industrial gas production.

 

Key Environmental Commitments

  1. Carbon Capture and Storage: We invest in cutting-edge carbon capture technologies to effectively capture, store, AND re-use of CO2 emissions as e.g. industrial gasses. Thereby reducing the overall carbon footprint of our facilities and removing other harmful emissions.
  2. Plant Efficiency: We optimise our operations to maximise energy efficiency, minimising waste and improving resource utilisation throughout our facilities.
  3. Renewable Energy Integration: We actively explore opportunities to integrate renewable energy sources into our power generation portfolio, enhancing the share of clean and sustainable electricity in the grid.
  4. Biodiversity Conservation: We protect and preserve the biodiversity surrounding our power stations, implementing conservation initiatives, and minimising our impact on local ecosystems.
  5. We contribute to the circular economy by continuously looking for ways to improve efficiency and treating all waste products as a resource.

 

Social

At Landmark Power Holdings Ltd, we believe in fostering positive social impact and prioritising the well-being of our employees, local communities, and stakeholders. We are dedicated to maintaining an inclusive and diverse work environment while actively supporting the communities where we operate.

 

Key Social Commitments

  1. Health and Safety: We prioritise health and safety local communities by running safe plants and for our employees, by ensuring a safe work environment and providing continuous training and resources to enhance their well-being.
  2. Education and Skill Development: Lifelong learning is a key value at LMPH, we strive to continuously develop our employees and their skills through training and education. We also support education and skill development initiatives in the communities around our facilities, empowering individuals to pursue sustainable livelihoods.
  3. Diversity and Inclusion: We promote diversity and inclusion within our workforce and aim to create an environment that embraces varied perspectives, backgrounds, and experiences.
  4. Responsible Supply Chain Management: We are dedicated to ethical supplier practices, ensuring supplier vetting processes, are in line with international standards, and encompass labour practices, working conditions, and ethical compliance. We actively enforce these standards within our supply chain and maintain transparency in our supplier relationships.
  5. Community Engagement: We engage with local communities to understand their needs and concerns and work collaboratively to develop initiatives that create shared value.

 

Governance

At Landmark Power Holdings, strong governance is at the core of our operations. We maintain high standards of transparency, accountability, and ethical behaviour, ensuring long-term value creation for our shareholders and stakeholders.

 

Key Governance Commitments

  1. Ethical Business Practices: We adhere to the highest ethical standards, conducting our operations with integrity and transparency in all interactions and throughout the supply chain.
  2. Stakeholder Engagement: We actively engage with our stakeholders, including investors, customers, employees, and communities, to understand their needs and expectations and incorporate their feedback into our decision-making processes.
  3. Tax Compliance: we uphold responsible tax practices, following all applicable tax laws. We refrain from artificial transactions and prioritise meeting our tax duties, advocating for transparency and ethical business conduct.
  4. Risk Management: We implement robust risk management strategies to identify, assess, and address potential risks that may impact our operations or stakeholders. Including data security, through the responsible handling and protection of data in all decision-making and operational processes.
  5. Board Diversity and Independence: We strive to maintain a diverse and independent board of directors, ensuring a broad range of perspectives in corporate decision-making.
  6. We encourage the reporting of any suspected or observed misconduct, violations of our ESG policies, or unethical behaviour. We will provide a confidential channel for reporting ESG concerns, ensuring anonymity and protection against retaliation. This mechanism encourages stakeholders to raise ethical issues, fostering transparency and accountability within our organisation.”

 

LMPH follow and develops our projects per the sustainable development goals, mainly focusing on SDG 3,7,9 and 11.

The LMPH ESG POLICY and related Procedures shall be reviewed by the board yearly or sooner if needed in response to changing legal requirements, global norms, and the evolving sustainability landscape.