IWT Corporate Environmental Policy

IWT Corporate Environmental Policy

Purpose

To outline the policy and procedures effective for International Welding Technologies, Inc. (IWT or the Corporation) concerning environmental protection.

Environmental Principles

Realizing that the world’s natural resources are limited and fragile, IWT considers environmental protection to be consistent with its overall goals and values and an important consideration in its total activities. This commitment to environmental protection is reflected in our policies, programs and practices for conducting operations in an environmentally as well as economically responsible manner.

Furthermore, IWT recognizes that effective environmental management can positively impact corporate profitability in several important ways. First, programs designed to make efficient use of natural resources often minimize operating costs. Second, environmental quality programs help sustain and enhance the Corporation’s presence and reputation in domestic and international markets. Third, compliance programs minimize risk and potential legal liability. In these ways and more, environmental protection is viewed by the Corporation as important to the economic well-being of the Corporation.

In light of the above principles, the following corporate environmental policy has been established.

Environmental Policy Statement

Environmental protection is the responsibility of every employee of IWT. This policy concerning environmental protection addresses aspects of IWT’s operations which can potentially impact the environment.

The Corporation shall seek to:

  • Conduct its operations in compliance with applicable laws, regulations and standards concerning environmental protection and provide a mechanism for self-monitoring to ensure compliance and continual improvement.
  • Establish corporate environmental objectives and targets relevant to the environmental impacts of its activities and a means to measure progress against these objectives. These objectives and targets shall be reviewed and revised as necessary on an annual basis.
  • Continually improve environmental management policies, programs, and performance, based on the results of our periodic reviews and taking into account regulatory developments, customer needs, technical developments, scientific understanding, and community expectations.
  • Minimize the environmental risks to our employees and the communities in which we operate.
  • Promote employee awareness of environmental concerns, actions and responsibilities.
  • Promote the adoption of environmental protection goals and practices by suppliers acting on behalf of the IWT, strongly encouraging improvements in our suppliers’ practices to make them consistent with those of the Corporation.
  • Operate facilities and conduct IWT’s activities taking into consideration the efficient use of energy and materials.
  • Reduce and where possible eliminate waste through recycling and handle and dispose of all waste through safe and responsible methods.
  • Assess the environmental condition of our property and appropriately address any environmental impacts.

Environmental Management Procedures

This section discusses the potential waste streams Potential waste streams at IWT include:

General Office/Kitchen waste

Paper waste including cardboard

Metallic off-cuts and wire ends

Metallic shavings

Mop Bucket Water

Off-spec and out-of-spec materials

Used oil from header and thread roller

Cleaning solutions

Sorbent Materials (such as PIGS® and oily paper towels)