Lightnovo ApS Environmental, Social, and Governance (ESG) Policy
Lightnovo Aps Board of Directors, January 2024
1. Environmental Stewardship:
• Sustainable Operations: We commit to reducing environmental impact by optimizing energy usage and minimizing waste in the development and production of Raman spectrometers and microscopes.
• Eco–Friendly Materials: We prioritize the use of sustainable and recyclable materials in or daily operations, product development, manufacturing and packaging.
• Carbon Footprint: We implement measures to assess and reduce the carbon footprint of the company’s operations and supply chain and incenvitize employees to contribute ideas to lowering the company’s carbon footprint.
2. Social Responsibility:
• Employee Well–being: We ensure a safe, inclusive, and respectful work environment for all employees. We commit to fair labor practices and competetive compensation.
• Community Engagement: We engage with academic institutions to develop and educate the future workforce, and provide support for STEM (Science, Technology, Engineering, and Mathematics) programs and initiatives.
• Customer Focus: We maintain high standards of product safety and quality, and ensure transparency and ethical practices in customer relations.
• Product Focus: We aim at making affordable Raman spectroscopy solutions widely available for the benefit of mankind in impacfulul application areas.
3. Governance:
• Compliance and Ethics: We adhere to all relevant laws and regulations and implement acode of conduct that emphasizes integrity, fairness, and accountability in all business dealings.
• Risk Management: Establish a framework for identifying, managing, and mitigating risks related to environmental, social, and governance issues.
• Reporting and Transparency: We regularly report on ESG initiatives and performance, ensuring transparency and accountability to stakeholders including employees, management and investors.
4. Continuous Improvement:
• Monitoring and Evaluation: We regularly review and update the ESG policy to reflect evolving best practices and stakeholder expectations.
• Stakeholder Engagement: We encourage feedback from employees, customers, investors, and the community to inform ongoing ESG efforts.
We adopt this policy, January 2024, the board of directors:
• Michael Feser, Chairman
• Oleksii Ilchenko, Director and Founder
• Yurii Pilhun, Director and Founder
• Anja Boisen, Director and Founder
• Erik Lauridsen, Director
• Christian Holzner, Director