Corporate Social Responsibility

PuriCore Core Purpose, Commitment, and Values

The foundation of PuriCore’s Corporate Social Responsibility is intrinsically tied to its Core Purpose and Core Values. Throughout the organisation and in business dealings, PuriCore is driven by its Core Purpose: to generate life science solutions for a safer, healthier world. To achieve this Purpose, PuriCore develops solutions that advance human health through the control of infectious pathogens—including major public health threats—without harm to people or to the environment. The Company’s technology and solutions are used in a broad range of applications that depend upon controlling contamination including food safety, medical device disinfection, wound care, and water treatment.

The driving forces behind PuriCore and the achievement of its Core Purpose are the people and how they conduct business. PuriCore is committed to creating a culture that values individual and collective energy, spirit, leadership, and innovation. To realize its Core Purpose and to facilitate such a culture, the Company has developed the PuriCore Commitment and Core Values. The Company has reinforced these core values in the PuriCore Code of Conduct, to which all employees have committed themselves to adhere.

The PuriCore Commitment is a promise to customers, employees, communities, and stakeholders that the Company will strive to make a positive contribution to the world whilst delivering exceptional business results. PuriCore will build a Company that customers and suppliers respect as a strategic partner, that employees are proud to work for, that competitors want to emulate, that communities recognise as a contributor, and that investors value.

The following Core Values are the foundation of its corporate and social responsibilities.

Quality

PuriCore focuses on quality and endeavours to meet and exceed the needs of its customers. Similarly, the Company strives to outperform the competition to earn customer loyalty, providing them with value and service beyond their expectations. PuriCore endeavours to have suppliers seek it out as a trusted, reliable partner. Continual innovation, spirit of integration, and high standards improve quality throughout every aspect of the organisation.

Respect and Integrity

The Company demands of itself the highest level of integrity and professionalism in all dealings with each other, customers, suppliers, and other business partners. PuriCore respects the contribution that each member of its team makes to its success. To be an effective team at all levels in the organisation, the Company establishes an environment of trust. All team members carry themselves with the pride that comes from respecting themselves and others.

Teamwork

PuriCore recognises that it is stronger and more effective as a team than as individuals. The Company supports an open, communicative culture in which individuals are encouraged to offer suggestions for improvement. The Company recognises that diversity is a source of strength and listens to differing viewpoints so management can constructively solve problems. Fostering strong teamwork allows an opportunity for each individual’s suggestions to be heard, empowering employees and encouraging necessary risk-taking.

Accountability

PuriCore is accountable to its customers, employees, communities, and stakeholders. Personal accountability is expected and determines the strength of PuriCore through positive contributions by individuals. The Company celebrates and recognises individual contributions. At the same time, it is not afraid to acknowledge, correct, and learn from mistakes. Individual commitment and performance allow the Company to pay attention to the details that will ensure quality throughout each aspect of the organisation.

Passion and Pride

What PuriCore does makes a difference. The Company is passionate about the contribution it makes to the life science and clean technology communities. PuriCore conveys its enthusiasm and passion in all our communications and professional interactions. Taking pride in the work allows all team members to constantly strive to develop and improve.

Employment

PuriCore’s Core Values are the foundation of its human capital force and organisational culture. Each PuriCore employee makes a commitment to adhere to the Core Values statement, one component upon which performance is measured. In addition, each employee receives and acknowledges compliance with PuriCore’s Code of Conduct. PuriCore’s human capital strategy is detailed in the Employee Practices section below.

Health and Safety

PuriCore is committed to providing a safe and healthy work environment for all team members. Health and Safety Policies are communicated to all employees. These policies are robust and continuously improved to complement PuriCore’s business as it develops. In these policies, PuriCore has committed to operate each PuriCore facility in accordance with applicable legal and regulatory guidelines. PuriCore also recognises, promotes, and reinforces the responsibility of employees, consultants, and visitors to work safely and follow procedures.

Environment

PuriCore’s Core Purpose is to contribute to a safer, healthier world. First and foremost, PuriCore pursues this commitment with its products and technology that control the spread of infectious pathogens. This is done in a safe and natural way as all of PuriCore’s hypochlorous solutions are safe to people and the environment.

Additionally, PuriCore’s laboratory clean-air products (as part of the Labcaire acquisition) filter hazardous fumes that previously were released into the atmosphere along with heated air from laboratories. With the Labcaire products, laboratories eliminate these hazardous releases to the atmosphere, and the cleaned, heated laboratory air is reducted back to the laboratory, saving energy costs.

Throughout its business activities, PuriCore is committed to the basic tenets of conservation: reduce, reuse, recycle. As part of PuriCore’s conservation and recycling programme, all employees, consultants, and visitors are asked to:

Recycle paper, glass, and tins throughout all facilities
Use recycled paper in copiers and printers throughout all facilities
Print the Company’s Annual Report and other business and marketing materials on recycled paper stock
Switch off all electric items when they are not needed
Recycle used office equipment
Minimise packaging and waste
Eliminate the consumption of bottled water at its facilities

Communities

PuriCore supports its local communities by maintaining sound business practices and by acting as a good corporate citizen and a valued employer. PuriCore is a responsible member of its local business communities, an active participant in policy development to safely control the spread of infectious pathogens, and an active member of business organisations that advance human health. Additionally, PuriCore provides corporate support for certain local charitable causes and encourages all team members to actively participate in and support charitable causes of their choice.

Business Practices

PuriCore is committed to providing innovative clean technology solutions that control the spread of infectious pathogens benefiting a variety of healthcare and commercial markets. The Company’s solutions not only directly protect its customers and their employees but also protect their own customers at the consumer level and thus their brand value and stakeholder loyalty. PuriCore will continue to invest in research and development for new markets and applications of its pathogen-control technology and solutions.

PuriCore is committed to providing its shareholders, Directors, employees, consultants, clients, suppliers, and the public with timely and accurate information. The Company strives to maintain the highest levels of integrity in its Company records, business communication practices, and scientific information. PuriCore is dedicated to honesty and fairness in all aspects of its business and expects the same from those with whom it does business.

The Company also focuses on preventing and correcting problems and has dedicated quality control teams. PuriCore has a formal system for analysis, correction, and feedback regarding problems that can be prevented or corrected.

PuriCore and its employees are expected to comply with the laws of all jurisdictions in which they operate and with applicable international and national industry codes of practice. PuriCore complies with the applicable US, UK, and European Union securities laws, antitrust, and state laws relating to duties owed by corporate Directors and officers. The Company complies with all applicable government regulations and standards, including those issued by the FDA, EPA, ISO, UL, NSF, FCC, MDD, MHRA, and CE Marking. Accounting records and supporting documents are designed to accurately describe and reflect the business transactions and conform to IFRS as adopted by the EU.

Human Rights

PuriCore does not use any form of forced, compulsory, or child labour. PuriCore supports the Universal Declaration of Human Rights of the United Nations and respects human rights, the dignity and privacy of the individual, the right of employees to freedom of association, freedom of expression, and the right to be heard.

Employee Practices

PuriCore’s human capital strategy and programmes are designed to support a positive organisational culture guided by its Core Values and focused on the achievement of its business objectives. The strategy focuses on four key areas: organisational planning, recruitment and equal opportunity, reward and recognition, and communication.

Organisational Planning

As an expanding organisation, one of the Company’s key priorities is to establish an infrastructure to enable growth considering both short- and long-term goals. PuriCore continually evaluates the resources that are most vital to grow its core markets whilst identifying additional expertise needed to support new market opportunities. The Company annually assesses talent across the business to understand better its organisational strengths and knowledge gaps. Further, PuriCore investigates ways to gain synergies and share successful practices across its global workforce. The Company also reviews the structure of the organisation and reporting relationships to maximize the effectiveness of its work structure and the way it delivers services to its customers.

Recruitment

The Group is committed to the principle of equal opportunity in employment and to ensuring that candidates for employment are hired and employees are advanced based on capabilities and demonstrated results. PuriCore encourages employees to apply for positions when ones become available for which their skills and experience might be suitable. The Company employs a rigorous evaluation process for applicants, including consideration of demonstrated prior results, related Company experience, the extent to which they embody PuriCore’s Core Values, and their passion for life sciences. PuriCore seeks, where practical, to identify a diverse pool of applicants for new positions. The Company customizes new employee training process based on the role new team members will play in the organisation and provides them access to resources and other team members to help them make an informed and smooth transition to their new positions and to the Group.

Full and fair consideration is given to applications for employment made by disabled persons having regard to their particular aptitudes and abilities. The Company is prepared to offer appropriate training for disabled persons, including retraining for alternative work for employees who become disabled to promote their career development within the organisation.

Reward and Recognition

Through a variety of feedback and reward mechanisms, PuriCore is focused on a performance-driven culture. The Company understands that a reward and recognition system with focused goals and the identifiable ability to impact those goals will attract, retain, and motivate employees. PuriCore employs a combination of approaches, based on the circumstance, to reward performance, including cash compensation (base pay and incentive), equity (employee stock option grants), development assignments, and individual recognition. The Company’s performance feedback processes provide periodic and year-end assessments of performance based on established goals. In setting goals, PuriCore has a cascading approach in which senior managers share their business goals with their direct report team who then share them with their direct reports and so on. In this way, the Company ensures uniformity of priorities and objectives.

Communication

The Group recognises the value of communication in fostering teamwork, promoting employee morale, and managing the business. The Group’s policy is to discuss with employees the status of the business and strategies for the future as well as other matters likely to affect employees’ interests. Information is provided to achieve a common awareness on the part of all employees of the regular and frequent financial and economic factors affecting the Group’s performance and to share how they can contribute to the Group’s success.

PuriCore strives for a culture of open communication free exchange of ideas, and innovation through thought and dialogue. The Company regularly and actively engages its team members through timely communication of Company news and information in a variety of formats. The internal communication strategy includes frequent written employee updates, periodic employee meetings, and lunchtime sessions that educate employees on various aspects of the Company’s technology, business, markets, and customers. Management solicits and encourages feedback from all team members and actively engages in dialogue across all management levels. The Company maintains a policy of accessibility of senior management to all staff.

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