Bluebits Technologies Environmental Policy

1. Introduction

At Bluebits Technologies, environmental protection is a core commitment. We are dedicated to minimizing our impact across all business operations to safeguard the climate and ecosystems.

In our pursuit of sustainability, we continually explore innovative methods to reduce our environmental footprint. This includes deploying modular locker systems that lower operational costs, optimizing supply chains for greater energy efficiency, and collaborating with vendors who share our commitment to reducing environmental impact. Our efforts also extend to mitigating climate change risks and transparently sharing our progress with investors, service users, and business partners. We are committed to taking conscious actions that foster sustainable development and deliver positive environmental outcomes.

2. Commitments

Our environmental policy is grounded in the following principles:

Greenhouse Gas Emissions Reduction

1. Our goal is to reduce greenhouse gas emissions through efficient operations, aiming to achieve net-zero emissions by 2050, guided by frameworks such as the Science Based Targets Initiative (SBTi). We are committed to investing in technological advancements that reduce our environmental footprint across our entire value chain, including the production, transportation, installation, and maintenance of smart lockers.
2. We are dedicated to continuously promoting and educating stakeholders about smart locker technologies across both the private and public sectors. Our aim is to support the global shift towards an out-of-home Delivery System backed by an extensive smart locker network in our last-mile operations. This initiative is expected to reduce over 60% of the emissions associated with the current, less efficient delivery model. Further details on the initiative can be found here.

Energy Efficiency 

We are committed to consistently enhancing the energy efficiency of our smart lockers, vehicles, and operational infrastructure. By carefully monitoring and optimizing energy use, we aim to reduce our carbon footprint and minimize emissions.

Sustainable Transportation 

Our goal is to reduce the environmental impact of our transportation activities. In partnership with our business associates, we will prioritize the adoption of low-emission or zero-emission vehicles within our fleet. We will also optimize transport efficiency by selecting the most suitable vehicles, refining loading processes, and planning the most effective routes.

Innovation and Research 

We will continue to strengthen our research and development efforts, seeking new smart solutions and technologies that enable users to integrate eco-friendly practices into their daily activities, thereby reducing their environmental impact.

Green Economy 

We are committed to promoting a circular economy and minimizing waste production. We will adopt practices that emphasize reducing, reusing, and recycling across all operations. We aim to decrease resource consumption by embracing circular economy strategies and supporting a more sustainable logistics model.

Education and Engagement 

We will continue to educate our employees and stakeholders within the value chain on sustainable practices, encouraging active participation in our environmental initiatives. We will also foster ecological awareness and environmental stewardship among our stakeholders.

Collaboration and Engagement 

We will collaborate with communities, organizations, and institutions to exchange knowledge, experiences, and best practices in environmental protection. We will further engage with local communities through educational partnerships. Additional information can be found here.

3. Responsibility

The ESG Committee establishes and reviews the ESG Strategy and related documents that set environmental goals. The committee ensures these goals align with regulations, integrate with our business strategy, and support governmental objectives. Additionally, the Committee monitors emerging industry trends relevant to the company and reviews our environmental initiatives and commitments.

4. Implementation

Organizations are required to take all necessary actions to minimize their environmental impact. This policy is enforced through established procedures for monitoring environmental factors and managing waste. These procedures include identifying, monitoring, and managing environmental aspects alongside regular audits to ensure compliance with policies and standards. Organizations are expected to reduce waste generation, manage waste responsibly, and conserve natural resources. By following these procedures, organizations contribute to sustainable development and preserving the natural environment.

5. Monitoring and Reporting

We will continuously monitor our environmental performance to measure progress toward our goals. Our environmental achievements will be actively shared with customers, business partners, and the local community. Our reports will be transparent and reliable and will include key sustainability indicators.

6. Policy Updates

This policy will undergo regular reviews and may be amended to ensure it aligns with the company’s goal of leading sustainable transformation and expanding its environmental initiatives.