Environmental Policy

POLICY

 

The Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) Code of Business Conduct and Ethics states that Altisource will conduct business “in accordance with the highest legal and ethical standards.” Consistent with the principles set forth in Altisource’s Code of Business Conduct and Ethics and other policies and procedures, Altisource is committed to working to minimize the impact of its operations on the environment. Altisource’s commitment to sustainability applies to all persons involved in the Company’s business including directors, officers, employees, temporary staff, contractors and suppliers.

 

 

VISION

 

Altisource strives to operate its business in accordance with the Environment Principles of the UN Global Compact. Altisource is committed to embed respect for the environment into its business operations. To achieve this goal, Altisource will strive to:


• Adhere to applicable environmental laws across its different locations, globally

•Act with integrity and in thorough consideration of environmental impacts caused by its business activities

• Minimize and mitigate its environmental footprint

• Minimize waste through careful and efficient use of materials, water and energy

• Implement appropriate waste management practices and recycling programs

• Create a positive impact for the communities where Altisource operates and serves, and when appropriate and/or feasible undertake corporate responsibility and environmental responsibility initiatives in those communities

• Procure sustainable products/materials wherever feasible

• Increase employee awareness with respect to environmental issues and encourage responsible behavior 

• Promote and uphold these values among Altisource’s suppliers and business partners

 

Altisource’s Corporate Responsibility Management Committee will be responsible for implementing and monitoring this document.  Altisource encourages its stakeholders to contact its Corporate Secretary at CorporateSecretary@altisource.com in the event they have any recommendation or suggestion for further improving or implementing Altisource’s environmental commitments. Altisource reserves the right to amend this document at any time without notice. This document does not create any contractual or other legal right on behalf of any party.

 

 

Adopted:  1 September 2020 
Reviewed & Approved:  17 December 2020 
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