Stanley Gibbons Environmental and Social Policy

THE STANLEY GIBBONS GROUP PLC

Environmental and Social (Sustainability) Policy

Introduction and aim

The Stanley Gibbons Group plc is a public company. Its shares are traded on AIM. It operates from four main sites in the UK (London x 2, Ringwood and Axbridge) with an office in Jersey.

The Group’s main business activities are as follows: trading in stamps and other philatelic items,
coins, medals, banknotes and other collectibles, attendance at trade fairs and exhibitions worldwide,
development and operation of collectibles websites, online trading, philatelic and collectibles
publishing including catalogues, albums and magazines in hard copy and electronic media,
auctioneering, valuing (for sale, auction, purchase, insurance and/or probate) stamps and other
philatelic items, retail and mail order of the above, manufacturing of albums and accessories, third
party safe custody and storage services, property managers and owners.

 

We recognise that our operations result in emissions to air and water, and the generation of waste. It is our aim to comply with legislation and other requirements, continue to reduce the environmental impacts of our business and operate in an environmentally responsible manner. This Group-wide policy is part of our commitment to minimising the impact of our operations on the environment to as low a level as is practically possible and describes how we will go about achieving this aim.

We will –

  • integrate the consideration of environmental concerns and impacts into our decision making and activities,
  • promote environmental awareness among our employees and encourage them to work in an environmentally responsible manner,
  • train, educate and inform our employees about environmental issues that may affect their work,
  • reduce waste through re-use and recycling and by purchasing recycled, recyclable or re-furbished products and materials where these alternatives are available, economical and suitable,
  • promote efficient use of materials and resources throughout our facilities including water, electricity, raw materials and other resources, particularly those that are non-renewable,
  • avoid unnecessary use of hazardous materials and products, seek substitutions when feasible, and take all reasonable steps to protect human health and the environment when such materials must be used, stored and disposed of,
  • purchase and use environmentally responsible products accordingly,
  • where required by legislation or where significant health, safety or environmental hazards exist, develop and maintain appropriate programmes and policies,
  • communicate our environmental commitment to suppliers, clients, customers and the public and encourage them to support it,
  • strive to continually improve our environmental performance and minimise the social impact and damage of activities by periodically reviewing our environmental policy in light of our current and planned future activities.

Responsibility

This Environmental and Social Policy applies to all of our operations. Richard Purkis, Group Secretary is responsible for ensuring that the policy is implemented. However, all employees have a responsibility in their areas to ensure that the aims and objectives of the policy are met.

Resources

We will ensure that resources are available to enable us to achieve our objectives and targets.

Targets

To achieve our aims we have set the following targets for 2018.

– Reduce transport emissions produced by travel between our various Group locations by
installing Skype and conference call facilities at all locations for management and client
meetings by 30 September 2018.

– Reduce material and water use, waste management and transport emissions by pursuing a
strategy of moving from paper based catalogues and magazines to e-publishing.
– Use only suppliers of printed materials that meet the requirements of the FSC Standard for
Chain of Custody Certification and inform our customers of this objective by 31 December
2018.
– Improve waste management and recycling and strive to apply the waste hierarchy in all our
activities on an ongoing basis.
– Continue to inform all customers and suppliers of our commitment to reducing our
environmental impact by 30 June 2018.

Monitoring and auditing

Progress against these targets will be monitored at regular management meetings .

This Policy will be reviewed annually and will be adapted to any future changes within our company or to any changes in legislation that apply to our business.

Communication

This Environmental and Social Policy is available to employees on the Group Intranet and on the Group’s website at www.stanleygibbons.com (About SG). Future paper based publications will bear the FSC certified logo, as applicable.

Richard Purkis

Group Secretary

On behalf of

The Stanley Gibbons Group plc

2 September 2017