Environmental Policy

Our Policy

Fastbolt Corporation (Fastbolt) adheres to our Environmental Policy, strives to improve our environmental performance, and supports initiatives that further reduce harmful impacts on the environment.

We are committed to:

  • Prevent, reduce, or mitigate harmful effects the business may have on the environment in a manner appropriate to the scale of its activities and services.
  • Provide the resources necessary to sustain and continuously improve our commitment to prevent pollution, reduce or mitigate negative or harmful effects on the environment.
  • Comply with all applicable legal requirements and others to which it subscribes as related to its environmental aspects.
  • Recover or reuse expendable material through recycling initiatives.
  • Pursue continuous improvement in environmental performance by setting and reviewing objectives and targets.

Conflict Materials

As a privately held corporation, Fastbolt is not subject to the Conflict Minerals rules and reporting requirements of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.

We do understand that our customers may be required to report on conflict minerals, and we are committed to helping our customers comply with these requirements.

Fastbolt surveys key suppliers to ascertain their use of any Conflict Minerals in their supply chain and uses all reasonable efforts to work with our suppliers to ensure that materials used in our products are free of Conflict Minerals.

If we become aware of any such materials used in one of our products, we will work with the affected supplier and customer to respond appropriately.  

RoHS and REACH Compliance

The Restriction of Hazardous Substances (RoHS 3), Directive 2015/863 restricts the use of hazardous substances as part of the European Union’s horizontal hazardous waste legislation. The substances, which are restricted, are as follows:  

·         Cadmium (Cd)

·         Mercury (Hg 

·         Lead (Pb)

·         Hexavalent Chromium (Cr VI)

·         Polybrominated Biphenyls (PBB)

·         Polybrominated Diphenyl Ethers (PBDE)

·         Phthalates – Diisobutyl phthalate (DIBP)

·         Dibutyl phthalate (DBP)

·         Butyl benzyl phthalate (BBP)

·         (2-ethylhexyl) phthalate (DEHP)

Fastbolt is committed to making sure its products comply with the RoHS Directive. In response to the Directive, Fastbolt redesigned certain products to remove listed hazardous substances making those products RoHS compliant. However, we are aware that many of our customers’ products are exempt from the RoHS requirements and are therefore committed to continuing to supply existing products and services without change.

Should change be unavoidable through component supply constraints, we will work with our customers to ensure that they are notified in advance of any changes that are required to allow continuity of supply.

In addition, Fastbolt is aware and supports the objective of the European Union (EU) Registration, Evaluation and Authorization and Restriction of Chemicals (REACH) Regulation, EC number 1907/2006, that entered into force on the 1st of June 2007.

REACH addresses the production and use of chemical substances and their potential impacts on both human health and the environment. One of the major elements of the REACH regulation is the requirement to communicate information on chemicals up and down the supply chain. This ensures that manufacturers, importers, and their customers are aware of information relating to health and safety of the products supplied.

Fastbolt as a distributor functions as a supplier of articles and therefore is not required to “Register” product. Fastbolt requires that our supply chain provide us with information on Substances of Very High Concern (SVHC) if those are present above a concentration limit of 0.1% on an article level, as mandated by customer’s contracts, purchase orders, drawings and or specifications.

Recycling & Carbon Footprint

Over the past few years, the awareness and sensitivity to issues related to sustainable energy, environmental impact, and other “green” topics has grown substantially. To be more socially responsible, and in anticipation of future regulation, Fastbolt has committed to driving environmental sustainability initiatives down through our supply base.

CDP (formerly known as the Carbon Disclosure Project), has pioneered a global disclosure system where thousands of companies and hundreds of cities and countries report their impacts on the environment and natural resources to stakeholders and investors. CDP holds the largest collection globally of self-reported climate change, water, and forest-risk data. The goal is to drive action by companies and cities globally to reduce greenhouse emissions, safeguard water resources, and to prevent the destruction of forests. It aims to increase corporate transparency on environmental impact and performance, make environmental performance central to investment and business decisions, assist cities to reduce their climate impacts, and support effective policy and regulation to protect the environment. Further, the platform supports multinational purchasers to build more sustainable supply chains.

Fastbolt became a CDP participant in 2011 and we have asked our partners to join us. We added this topic to our supplier audits and supplier scorecard reviews.

To help achieve the reduction in Carbon Footprint, amongst Fastbolt actions we have:

·         Integrated environmental issues into all aspects of the decision-making processes.

·         Employed Sustainable sourcing Purchasing Policies.

·         Installed energy efficient devices, and therefore carbon reducing equipment throughout our premises.

·         Minimized waste, by promoting recycling, and the use of recycled products to help reduce the amount of waste sent to landfill.

·         Reduced paper printing, replacing printed documents with paperless documents to be shared on-line on the platform chosen for the data management, and making them accessible also through mobile devices.

·         Actively promoted “video conferencing” as a means for reducing travelling.

·         Procured fuel-efficient vehicles.