Our Policies

M Geller Ltd - Greenhouse Gas Emissions Policy

Purpose

This proposal outlines practical and cost-effective strategies to reduce the greenhouse gas (GHG) emissions of our wholesale diamond business. As a company with approximately 20 employees operating from leased office space in a large commercial building, we recognize our responsibility to minimize our environmental impact while maintaining efficient business operations.

Objectives

The primary objectives of this proposal are to:

• Reduce energy consumption within our office.
• Minimize waste generated through daily operations.
• Encourage sustainable transportation practices.
• Purchase environmentally responsible products and services where practical.
• Demonstrate our commitment to environmental stewardship to customers, suppliers, and stakeholders.

Proposed Initiatives

1. Improve Energy Efficiency

Although building systems are managed by the property owner, our business can reduce electricity consumption by:

• Turning off lights in unoccupied rooms or install Auto Light sensors in our conference room and customer offices.
• Activating power-saving settings on all computers, monitors, and office equipment.
• Shutting down TVs, computers, printers, and non-essential equipment at the end of each workday.
• Reducing shipments between two locations (having 3 times a week vs. 5)
• Purchasing ENERGY STAR® certified office equipment when replacements are required, such as recyclable ink cartridges.

2. Reduce Paper Consumption

To decrease paper use and associated emissions, we will:

• Transition invoices, purchase orders, and internal documents to digital formats whenever possible.
• Use electronic signatures for contracts and approvals.
• Print only when necessary and default all printers to double-sided printing.
• Purchase recycled-content paper when printing cannot be avoided.

3. Waste Reduction and Recycling

The company will:

• Participate in the building's recycling program.
• Provide clearly labeled recycling stations throughout the office.
• Reduce the use of disposable kitchen products.
• Encourage reusable mugs, water bottles, and food containers.
• Reuse shipping and packaging materials whenever practical.
• Have a water dispenser to limit use of plastic water bottles

4. Sustainable Purchasing

When purchasing office supplies, we will prioritize:

• Recycled and recyclable products.
• Energy-efficient electronics.
• Environmentally responsible cleaning supplies.
• Suppliers that demonstrate sustainable business practices.
• Buy products with recycled or low-carbon materials.
• Source from local suppliers when practical to reduce transportation emissions.
• Choose durable products that last longer.
• Utilize email transactions for memo copies & invoices, and minimize paper checks as payment – lean on ACH as preferred payment option

5. Employee Transportation

Employee commuting contributes to indirect greenhouse gas emissions. To reduce these emissions, the company will:

• Encourage public transportation where practical.
• Support carpooling incentives among employees.
• Offer flexibility for remote work when business operations allow. Currently offer a two day a week work remote.
• Utilize virtual meetings to reduce unnecessary travel.

6. Responsible Business Travel

Business travel will be minimized by:

• Using video conferencing whenever possible.
• Combining multiple client meetings into single trips.
• Selecting the most efficient travel options when travel is necessary.

7. Engagement with Building Management

As tenants, we will work collaboratively with building management by:

• Supporting energy conservation initiatives.
• Reporting lighting or HVAC issues promptly.
• Participating in any sustainability programs offered by the building.

Employee Awareness

Employee participation is essential to achieving meaningful reductions. The company will:

• Share sustainability goals with all employees.
• Provide simple guidance on reducing energy use.
• Encourage suggestions for improving environmental performance.
• Review progress annually.

Expected Benefits

Implementation of these initiatives is expected to:

• Reduce electricity consumption.
• Lower greenhouse gas emissions associated with office operations.
• Reduce operating costs through lower energy and paper use.
• Improve workplace sustainability.
• Enhance the company's reputation with customers, suppliers, and business partners.
• Post our Strategies to cut emissions on our website.

Monitoring and Continuous Improvement

The company will review its environmental performance annually by monitoring:

• Electricity consumption (where data is available).
• Paper purchasing.
• Recycling participation.
• Business travel.
• Employee engagement in sustainability initiatives.

New opportunities to reduce greenhouse gas emissions will be incorporated as technology, building programs, and business operations evolve.

The company will review its environmental performance annually by tracking the following Key Performance Indicators (KPIs):

Key Performance Indicators (KPIs)

Initiative	How to Measure	Target
Electricity Use	Monthly utility bills (if available from landlord)	Maintain or reduce annual consumption year-over-year
Paper Usage	Number of paper cases/reams purchased annually	Reduce purchases by 10% year-over-year
Digital Transactions	% of invoices, purchase orders, and memo copies sent electronically	Maintain at least 95% digital transactions
Printing	Printer paper and toner purchases	Annual reduction where practical
Recycling	Quarterly review that recycling stations remain available and used	Maintain office-wide participation
Shipping Materials	Percentage of boxes and packing materials reused	Reuse packaging whenever quality permits; monitor purchasing trends
Business Travel	Number of flights, hotel nights, and mileage reimbursements	Minimize unnecessary travel through virtual meetings
Remote Meetings	Percentage of internal/external meetings conducted virtually	Increase where practical
Employee Commuting	Annual employee survey on commuting methods (carpool, transit, remote work)	Encourage lower-emission commuting options
Sustainable Purchasing	Percentage of office equipment purchased with ENERGY STAR or recycled-content certification	100% whenever suitable alternatives exist
Employee Engagement	Annual sustainability reminder/training and employee suggestions received	Complete annually

Environmental Performance Review

Management will review greenhouse gas reduction metrics annually. Results will be documented, opportunities for improvement identified, and new reduction objectives established where practical. Corrective actions will be implemented when targets are not achieved.

Conclusion

Our wholesale diamond business is committed to operating responsibly and reducing its environmental footprint. While our leased office space limits direct control over building systems, meaningful reductions can be achieved through energy conservation, waste reduction, sustainable purchasing, and employee engagement. By implementing these practical initiatives, our company will contribute to reducing greenhouse gas emissions while improving operational efficiency and supporting long-term sustainable business practices.