AS Latvijasbalzams: Corporate Social Responsibility and Environmental Commitment

AS Latvijasbalzams is a leading company in Latvia, recognized for its commitment to social responsibility and sustainable development. The company focuses on optimizing production processes, increasing quality standards, creating new products, and ensuring the welfare of its employees. As one of the largest taxpayers in the country, Latvijasbalzams is a stable employer that prioritizes professional growth, labor safety, and the overall welfare of its staff.

Key Aspects of Latvijasbalzams’ Corporate Social Responsibility (CSR):

Environmental Responsibility:

Latvijasbalzams continuously works on solutions to implement a responsible approach to environmental issues. The company prioritizes the use of environmentally friendly technologies and packaging, thoughtful use of water and energy resources, and setting high standards for itself and its business partners. Specific environmental practices include:

• Legal Compliance and Impact Reduction: Observing legal environmental requirements and actively working to reduce the company’s environmental impact.
• Responsible Resource Utilization: Using energy and water resources responsibly, including sourcing water from a borehole located on the company’s territory for manufacturing purposes.
• Waste Management: Implementing responsible waste management practices by regularly transferring waste-paper, scrap metal, and hazardous waste for appropriate processing.
• Employee Engagement: Conducting activities aimed at employees to remind them of the considerate use of electricity and other resources.
• Efficient Use of Technical Resources: Maximizing the efficiency of technical resources to reduce environmental impact.

Corporate Structure and CSR Management:

Latvijasbalzams has designated a specific individual responsible for corporate social responsibility within the company. This role ensures that the company’s CSR initiatives are effectively managed and implemented, aligning with the company’s broader strategic goals.

Conclusion:

AS Latvijasbalzams exemplifies a commitment to corporate social responsibility, focusing on sustainable development, environmental stewardship, and the welfare of its employees. Through continuous investment in environmentally friendly practices and responsible resource management, the company strives to balance its development with the well-being of society and the environment.