Page 37 - InterloopAnnualReport2020
P. 37

T                               L                               E




                        Technological                        Legal                       Environmental

                Technological developments and   Compliance with Legal / Regulatory   Company activities have an impact
                innovation determine the progression   requirement is necessary for the   on the environment in which they
              DESCRIPTION                                                        of Corporate Responsibility, the
                of an organization.
                                                 Company’s smooth operations.
                                                                                 operate. With the rise in importance
                                                                                 environmental factors are becoming
                                                                                 increasingly important for the growth of
                                                                                 the Company.





                Interloop has aligned itself to efficiently   Our Corporate & Legal Affairs and   The Company ensures compliance
              ORGANIZATIONAL RESPONSE  shareholders’ value by providing the   regulatory changes advised by SECP,   impact including:
                                                 EHS teams ensure compliance with
                                                                                 with applicable environmental laws and
                use Information Technology resources
                                                                                 regulations and also takes additional
                                                 all legal & regulatory requirements.
                in achieving its operational and
                strategic objectives while increasing
                                                 They continue to closely monitor any
                                                                                 steps to minimize its environmental
                right tools, and accurate and timely
                                                 Excise & Taxation, FBR, Customs, and
                                                                                     Reducing GHG emissions
                                                                                 •
                information for decision-making. In this  Labour Dept. and take appropriate
                                                                                 •
                                                                                     Reducing water and chemical
                respect, the Management Information
                                                 measures accordingly.
                                                                                     usage
                Systems has developed and employed
                                                                                     Increasing use of sustainable raw
                                                                                 •
                multiple tools including Enterprise
                                                                                     materials including BCI, Organic
                Applications, Business Analytics, IT
                                                                                     Cotton, and Recycled Fibers
                Infrastructure, Industrial Automation
                including Robotic Process Automation,
                Collaboration, Information Security, and
                IT Service Management.
               Significant Changes                                Seasonality of Business
               from Prior Years
                                                                  Apparel industry largely operates consistently throughout
                                                                  the year. Product type varies with seasons; however, there
               There are no significant changes to be reported within the   is sufficient demand throughout the year to utilize our
               organization across core services, products, mission, vision,   capacities efficiently.
               culture, and values. Interloop Limited will continue to expand
               its presence across all its categories and across various
               markets to remain a top textile manufacturing organization.




                                                                                                                   35
   32   33   34   35   36   37   38   39   40   41   42