We are proud to present our inaugural Sustainability Report showcasing the ongoing commitment and progress we have made on our sustainability journey.
To begin this journey, we have deliberately chosen the hardest route to take – the European Sustainability Reporting Standards (ESRS).
The ESRS are designed to meet the stringent requirements of the European Union regulations on sustainability reporting and are seen by many as the global standard for sustainability rules. As Star Scientific operates within and interacts with the global market, complying with these standards is crucial. It ensures we meet both current and future legal expectations, avoiding potential regulatory penalties and enhancing our market integrity.
By adopting ESRS, Star Scientific will grow in compliance with these regulations, facilitating easier regulatory navigation with both current and upcoming regulatory demands. ESRS provides a comprehensive set of standards that cover all key aspects of sustainability reporting.
This framework will enable us to provide a detailed account of our practices, impacts, and performance in areas critical to our stakeholders, such as environmental integrity, social responsibility, and corporate governance.
In future years, you’ll be able to follow our journey, not only as we expand our own operations in accordance with the ESRS rules, but as we improve our customers’ performance and contribute to a cleaner and energy-just planet.