Sustainability, social responsibility, staff, efficiency, ecology, economic and added value for the shareholders, ethical business practices and quality management are amongst the key business priorities and principles of the PMM Group of enterprises.
Social Responsibility
Social responsibility of the PMM Group of enterprises is our business concept by which we voluntarily incorporate social, environmental and transparent business principles into our internal processes and the company’s relationships with stakeholders. Our work principles are focused not only on our business activities in accordance with applicable legal framework or norms of implemented standards, but also on higher than the required performance targets and their implementation in the daily activities of the organization.
Economic Value
The aim is to increase EVA®. This indicator helps us to understand and implement the objectives of the PMM Group of enterprises.
Our key strategic directions:
- Profitable and consistent growth;
- Increase of the current return on capital and increase of the Group’s equity value;
- Refusal of activities that eliminate or decrease value;
- Reduction of the capital costs
Quality Management
We have developed a management system focused on the assessment and satisfaction of customer's needs and expectations. We are obliged to comply with the set requirements and to continually improve the effectiveness of the management system. We can achieve this by supplying the market with high-quality products, by constantly improving the expertise of our staff and by implementing advanced management methods.
Transparent and Ethical Business Practice
We are an open and transparent organization. We always maintain a safe and healthy working environment. Occupational safety as well as the safety and well-being of employees are very important issues. We appreciate our workers' loyalty, dedication and their professionalism. Our work is based on the development of common human values. Our organization seeks to become a world-class group of enterprises with trademarks and lubrication products that provide added value and benefits to users, without any harm done to the environment. PMM Group is characterised by a dominating responsible attitude towards customers, suppliers and business partners, in accordance with the assumed and/or any future obligations. We adhere to human rights, working conditions and anti-corruption standards. Our relationship and interaction with the surrounding countries is sincere, evidence-based, transparent and without any transgression of the limits of commercial confidentiality. The organization's business decisions are based on the principle of maximum benefit for customers, the company and the shareholders. We assume the obligation to comply with legal and all other requirements relating to environmental aspects and customers' needs.
Innovative products
We provide petroleum products of an advanced generation, i.e., oils and lubricants of the highest specifications and standards: fuel-efficient oils and lubricants, biodegradable oils, specific FDA-certified lubricants for the food industry, low-ash oils ensuring a smooth operation of the particulate filters in cars. All of these PMM products help to protect the environment and contribute to environmental wellness.
Safe and Clean Environment
We aim to reduce energy consumption and environmental pollution according to the European Union (EU) directives. We respect and preserve the natural environment in which we operate. We aim to be an example for business partners and customers in the field of environmental management. We keep on developing and improving environmental performance evaluation procedures and relating indicators in all enterprises of the Group.
In order to ensure the proper utilization of oils and lubricants, our organization became a part of the Association of Manufacturers and Importers (Gamintojų ir importuotojų asociacija (GIA)) www.gia.lt.
Furthermore, we are involved in the environmental programme "Mes rūšiuojam" http://www.mesrusiuojam.lt.
We adhere to the provisions of Regulation (EC) No. 1907/2006 of the European Parliament and of the Council of 18 December 2006 concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH)
We use natural resources responsibly and improve our activities as much as possible to protect the environment.
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