2. MIDAS CORPORATE SOCIAL RESPONSIBILITY
We believe that Corporate Social Responsibility is the
continuing commitment by a business to behave
ethically and contribute to economic development
while improving the quality of life of the workforce
and their families as well as of the local community
and society at large.
Year after year our clients choose to work with us
because we are focused on a healthier and more
productive world and they can rely on us to develop
their products while adhering to the highest standards
of energy efficiency and employee health.
3. GREENER WITH MIDAS
Factories which we represent are implementing many changes
specifically geared to having a positive impact on the environment as
well as the communities in which we operate. There is a strong
commitment to a more environmentally friendly approach in all our
activities and an Environmental Management System has been
developed to:
• Set and achieve aggressive environmental objectives
• Convert fossil fuel equipment to new sustainable bio mass
equipment wherever possible
• Conform to applicable laws and standards through continual
improvement of systems and processes
• Provide ongoing employee training to improve environmental
awareness
• Involve local communities
4. SUSTAINABLE GREEN MANUFACTURING
ENERGY
Vapor Absorption Chillers used
to cool down water Unlike
electrical chillers, these are
powered by heat. They can run
on a variety of heat sources, e.g.
steam, hot water, liquid/gaseous
fuels, exhaust gases or a
combination of above.
ENERGY
Five Bio-mass heaters
using sawdust /Gliricidia
and rubber wood
Saving 15 million liters
of imported fossil fuel per year
ENERGY
Water and air pre-
heaters to utilize
waste heat to
preheat the water
for our production
processes
ENERGY
High throughput,
double former,
disposable dipping
plant
ENERGY
Hybrid solar air conditioners
improve energy efficiency
using a renewable energy
source
MATERIAL
Better Cotton Initiative – A
green initiative taken
internationally to grow
cotton, PSL got membership
of BCI
5. SUSTAINABLE GREEN MANUFACTURING
ENERGY
LED lights – 2100 large
& 861 small tube lights
been converted into
LED tube light
ENERGY
Solar Power System – Installing
102 KW solar panels able to
generate 450 electrical units/day.
In 1st phase, it will be used in day
time for offices
ENERGY
VFD Inverters – Installed 118
VFD’S of different rating on
inductive motors that would be
able to save up to 81 units/hr
electrical consumption
MATERIAL
DMF recycling plant
currently recovers
90,000 liters of DMF
per month
MATERIAL
Polybags
• Printing on bags
instead of including
master card
• Reducing bag sizes
ENVIRONMENTAL CARE
Waste Water treatment plants –
Onsite facilities to treat waste
waters so that pollutant
concentrations in it comply with
the local regulations regarding
disposal of waste waters into
community treatment plants
ELECTRONIC WASTE
Managing electronic waste
in collaboration with Green
Links (Pvt) Ltd.
6. MIDAS CERTIFICATIONS
ENVIRONMENTAL CARE
Oeko-Tex® – BELTEXCO
and PSL got their NFT
product certified for
Oeko-Tex®
ENVIRONMENTAL CARE
Effluent treatment plant – As a certified ISO
14000 company, PSL is in process to install
about 275 m3/day capacity plant by the end
of 2015
ENVIRONMENTAL CARE
Azo-free – All dyes being used
in our factories are AZO FREE
as a green initiative
ENVIRONMENTAL CARE
Prop-65 – All chemical being used
in PSL are free from LEAD,
CADMIUM etc.
ENVIRONMENTAL CARE
REACH compliance – All products
shipped to Europe are REACH
compliant
ENVIRONMENTAL CARE
DMF reduction and
recycling
7. GOLD AWARDS
GOLD AWARD
Geo Responsibility Award for Total Waste
Management
GOLD AWARD
Geo Responsibility
Award for Hazardous
Waste Management
GOLD AWARD
Promotion of Eco-
Efficient
Productivity(PEP)
Project
GOLD AWARD
National Cleaner Production Award –
• Gold Award in Recognition of
Excellence in Cleaner Production
Practices
• Excellence Award in Energy Efficiency
• Merit Certificate in Recognition of
Good Performance in Material
Efficiency and Water Efficiency
8. SOCIAL RESPONSIBILITY
EMPLOYEE WELFARE
Realizing the dream of a home
Supporting needy employees to build and renovate
their homes
EMPLOYEE WELFARE
Eye clinics and Medical check-ups for
employees
ENVIRONMENTAL WELFARE
In 2015, World Wildlife Fund’s Earth Hour
grew to become the world’s largest
grassroots movement for the environment.
While the global lights out remains an
impactful visual call-out, its true impact is
starting to be seen in areas and
communities fighting climate change on an
everyday basis.
9. SOCIAL RESPONSIBILITY
EMPLOYEE WELFARE
Midas Safety Sri Lanka gave scholarships to 75
children of their employees
EDUCATIONAL WELFARE
Midas Safety sponsored 50
scholarships for the Educate A
Girl Program
SOCIAL WELFARE
New classroom for the
Yatihena School
10. SOCIAL RESPONSIBILITY
SOCIAL WELFARE
Drought relief
SOCIAL WELFARE
Donations – Medical equipment, drugs
and accessories for government hospitals
and schools
SOCIAL WELFARE
Blood donation campaign
SOCIAL WELFARE
Donations – Ambulance Donation to
CEPZ Hospital, Chittagong
11. SOCIAL RESPONSIBILITY
SOCIAL WELFARE
Donations –
Wheelchairs for
Sambodhi disabled
rehabilitation center
SOCIAL WELFARE
Donations – Essential
goods for displaced
people in North & East Sri
Lanka
SOCIAL WELFARE
Donations – Essential
goods for flood victims
SOCIAL WELFARE
Donations – schoolbags
for handicapped children SOCIAL WELFARE
Donations – Boats for villages, to facilitate river
water transport
12. THANK YOU
Midas and its associates are 100% committed to contributing
to a greener environment as well as ensuring that we are
socially responsible in all our actions, and we want our
business partners to be with us in our efforts to make the
world a better place for our future generations!
