Sustainability Principles. 22.14 The Borrower shall ensure that the covenants in Schedule 8 (Sustainability Principles) are complied with.
Sustainability Principles. A copy of the Second Party Opinion (as defined in Schedule 8 (Sustainability Principles). 156 Conditions subsequent to the Effective Date 1 Company registrations Within thirty (30) days of the Effective Date in relation to an Initial Ship, evidence that all necessary company registrations in any Relevant Jurisdiction have been effected. 2 Legal opinions Within five (5) Business Days of the Effective Date in relation to the Initial Ships, issuance of the following legal opinions:
Sustainability Principles. The Borrower will deliver to the Sustainability Agent a certificate (a Sustainability Compliance Certificate) no later than 15 Business Days after 31 July 2024 (the Reference Date) and no later than 15 Business Days after each anniversary of the Reference Date, which shall:
Sustainability Principles. This Agreement is subject to Pepsi’s Sustainable Packaging, Forestry Stewardship, and Land Use Policy, available at xxxx://xxx.xxxxxxx.xxx/Purpose/Policies as amended from time to time. Supplier will adhere to the policy during the New Plant Term and will make commercially reasonable efforts to adhere to the policy during the Pioneer Plant Term. In support of the foregoing for its supply of “virgin materials”, Supplier certifies that it will not knowingly source material in violation of the aforementioned policies and that it has put in place systems to ensure that all materials it uses come from forest sources which meet Pepsi’s policies. This may include provision of certified materials, certified to a scheme which delivers the commitments and covered by a valid chain of custody certificate, or via other programs or approaches which provide evidence that the policies are met. For supply of “recycled materials” Supplier certifies that is has already obtained and can provide evidence that the material is recycled. A claim from a recognized fiber certification scheme (FSC or PEFC) is acceptable as proof. Where certification is not available, Supplier has put in place systems to ensure that material is post- or pre-consumer reclaimed material as defined by FSC. Supplier agrees to provide information related to the source of fiber used in their products to Pepsi at least annually within thirty (30) days of request. All virgin fiber must be sourced from woodlands with chain-of-custody certification through FSC, PEFC, or SFI, or at minimum be certified as FSC Controlled Wood. For non-certified fiber, Pepsi reserves the right to decide whether the evidence submitted to demonstrate compliance with Pepsi policies is adequate to demonstrate that the all Products comply with the contract specification. In the event that Pepsi is not satisfied, Supplier shall commission and meet the costs of an independent verification and report to either verify the material was reclaimed, or to (a) verify the forest source and (b) assess whether the source meets the requirements of Pepsi. Appendix 13: List of NaturALL Bio-PET Alliance Members Danone Research Nestlé Waters Management & Technology PepsiCo, Inc.
Sustainability Principles. Sustainable level of Natural Resource use The productivity of the environment will be maintained for the benefit of future generations by ensuring that the use (or harvest) of Natural Resources does not occur beyond the capacity of the environment to replace, regrow or replenish the natural resource. Benefit sharing - the fair allocation of Natural Resources To ensure a share of the overall allocation of Natural Resources to traditional owners, Non-Commercial Purposes and commercial purposes (where permitted by this Agreement) will be recognised as an allocation within the following natural resource categories: Vegetation, Stone, Animals, and Water. Avoiding harmful unintended consequences Effort should be made to avoid harmful unintended consequences to the environment, for example, to non-target species and ecosystem health and stability.
Sustainability Principles. The Funding Agreement indicates that the ICSP must take into consideration the four pillars of sustainability. ➢ Environmental ➢ Economic ➢ Social
