Sustainability


FastFiber considers that the existence of a sustainability policy is mandatory to guarantee the company’s long-term viability, development and growth and assumes environmental, social and governance (ESG) best practices as a part of sound business management, preserving the Company’s reputation and integrity.

Creating a culture of sustainability requires, in addition to the concern with economic performance, efficient risk management and responsible decision-making that takes into account the well-being of the stakeholders, the community and the environment.

FastFiber makes efforts to minimize the negative impacts on natural resources and the environment, committing itself to the continuous improvement of the ESG performance of the operations and the fulfillment of all relevant legal and regulatory requirements.

The ESG Policy is based on the principles and values ​​of ethics and integrity contained in the Company’s Code of Ethics and Conduct, that guides FastFiber’s activity, and which the Company believes to be the basis for the establishment and consolidation of solid and of trustful relations with all stakeholders.


FastFiber ESG Goals 2022 – 2024


Environmental

  • Reduce the equivalent average monthly water consumed 7,5% by 2023 and 10% by 2024
  • Reduce Scope 2 GHG emissions resulting from electricity consumption to zero by 2023
  • Reduce the proportion of diesel vehicles in the fleet to 75% by 2023
  • Settle a roadmap to achieve net zero carbon by 2050
  • Document and identify the diversion opportunities and practices for landfill waste and establish a company-wide diversion rate by 2023
  • Establish and implement preferential waste management practices by 2023
  • Develop a preferential procurement policy to source materials made of recycled content or reusable items by 2023



Social

  • Have at least 650 training hours per year, gender balanced and including training on ESG
  • Have a minimum of 10% of employees under the age of 30 by 2024
  • Zero accidents at the office with medical leave
  • Zero accidents at the construction



Governance

Not to be subject to any material complaint, formal litigation process nor to be considered responsible for any wrongful activity reported through the whistleblower protection program



Sustainable Development Goals – SDG

The goals defined by FastFiber regarding ESG are in line with the topics chosen by the UN for the promotion of sustainable development (SDG). FastFiber identifies 7 SDG for which it considers having a positive direct impact:



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CONTACT INFO
Address:  Rua João de Lemos, nº3 Loja
1300-324 Lisboa
Telephone:  +351 210 517 700
Email:  geral@fastfiber.pt

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