Companies like Tratos, with a global presence, need to have a global response to the sustainability challenge. Unlike some other companies, our response started decades ago. Since 1980, Tratos has used clean, renewable energy from its own hydroelectric plant. In 2001, the company started producing Tratos Green, a cable made using only hydroelectric energy.
Since its establishment in 1966, Tratos has taken great care of its employees, as well as shown great responsibility for the environment. Tratos products are fully recycled and made in respect of environmental standards. It is proud of its environmentally friendly cables that are connecting and powering the world.
In 2019, Tratos has launched its first integrated sustainability strategy. In implementing this strategy, Tratos has committed itself to adopt high standards, often going beyond legal requirements, on the sustainability issues that matter to our business, employees, the communities that host us and the customers that buy and use our products.
Throughout the years, Tratos has been consistent in achieving its goals, by excelling in showing high-quality social and environmental performance across all of its operations and in increasing its stakeholders’ knowledge on its working practices through meaningful disclosures and transparency.
Tratos has never sparred its efforts to better understand, engage and partner with its key stakeholders to create sustained mutual value. Tratos fully supports the 2030 development agenda and globally contributes to achieving the UN Sustainable Development Goals. Understanding how we can contribute more to climate change mitigation remains a priority, as is ensuring strong relationships with our communities. Tratos genuinely has reason to believe it is doing its part in this global endeavor.
But, as much as it has been achieved, there is more to do. We appreciate that changing our traditional linear economic model to a circular one presents opportunities for our business, but also significant challenges for many. Tratos performance over years illustrates, a pragmatic approach, coupled with strong performance and profitability, do indeed create sustained value – for our shareholders, employees, communities and host governments alike.
We express our sustainable strategy in three pillars:
The first pillar includes a broad array of issues, from trade and investment to employment growth and private sector development. The economic pillar is foundational in running a safe, responsible and profitable business. At Tratos we carefully perform economic planning that attempts to foster economic growth while preserving the quality of the environment for future generations.
We care about our planet. The third pillar is about protecting our shared future: pioneering human progress through sustainability, including the materials we produce and the innovations we bring to market, aligned with the priorities of the coming low-carbon economy.