ESG

Transforming Business through Sustainable and Responsible Practices at FnF Surplus

Environmental, Social, and Governance (ESG) has emerged as a critical framework for businesses seeking to create long-term value while addressing global challenges. In an increasingly interconnected world, ESG has transformed from a peripheral concept to a core strategic imperative for forward-thinking organisations.

At FnF Surplus, we are at the forefront of this transformative approach, integrating ESG principles into the core of our business.

What are the Three Pillars of ESG?

Environment

The environmental pillar focuses on a company’s impact on the planet and its commitment to sustainable practices. For FnF Surplus, this means:

  • Comprehensive waste reduction and recycling of fragrance and flavor materials
  • Minimizing carbon footprint through innovative recycling processes
  • Promoting circular economy principles in the fragrance and flavor industry
  • Reducing water consumption and chemical waste
  • Supporting renewable energy and sustainable sourcing initiatives

Our unique approach to repurposing expired essential oils and aroma chemicals exemplifies our environmental commitment.

Social

The social pillar addresses how a company manages relationships with employees, suppliers, customers, and the broader community. Our social initiatives include:

  • Empowering women’s self-help groups and cottage industries
  • Creating employment opportunities in micro-enterprises
  • Ensuring fair pricing and access to quality materials for small-scale manufacturers
  • Supporting local communities through sustainable business practices
  • Maintaining ethical supply chain management

We take pride in bridging the gap between fragrance and flavour companies with surplus materials and small-scale enterprises that need affordable, high-quality ingredients. This approach not only supports economic growth but also creates meaningful social impact.

Governance

The governance pillar focuses on a company’s leadership, executive pay, audits, internal controls, and shareholder rights. At FnF Surplus, we demonstrate strong governance through:

  • Transparent business practices
  • Compliance with state pollution control board regulations
  • Ethical decision-making
  • Accountability and integrity in all our operations
  • Regular reporting and disclosure of our sustainability efforts

Our authorisation by the Maharashtra Pollution Control Board as the only state-approved recycler for near-expiry and expired aroma chemicals underscores our commitment to responsible governance.

FnF's Commitment to ESG

We view ESG not as a compliance requirement but as a fundamental business necessity. Our commitment extends beyond mere reporting. We actively integrate sustainability into every aspect of our operations. From our innovative recycling processes to our support of small-scale manufacturers, we are building a business model that creates value for all stakeholders while protecting the planet.

Goals and Future of ESG

Our ESG goals are ambitious and forward-thinking:

We believe that the future of business lies in sustainable, responsible, and innovative practices. By embracing ESG principles, we are not just transforming our own businesses but inspiring change across industries.

Join us in our mission to create a more sustainable, equitable, and prosperous future for all.

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