The synergy between our internal standards and the support we receive from the economic landscape allows us to set benchmarks for others in the industry ~ Mirjana Radić
Sustainability is at the core of the company’s strategy. This commitment is reflected in continuous investments in advanced technologies, employee development, and responsible resource management. By adhering to the principles of the circular economy and responsible procurement, Inos Balkan sets high industry standards and actively contributes to environmental preservation.
Your commitment to ethical practices has earned you the trust of clients, suppliers and stakeholders generally. Has this been key to securing your position as a market leader?
— Our commitment to ethical practices has indeed been crucial in gaining the trust of all stakeholders. We firmly believe that transparency and adherence to high business standards form the backbone of any successful enterprise. This approach has enabled us to build longstanding relationships with our clients and suppliers, ultimately leading to our position as a leader of Serbia’s metal recycling sector.
We are currently implementing due diligence procedures for a sustainable supply chain as one of the main objectives of our group. We have also introduced a responsible sourcing procedure, further ensuring ethical and sustainable operations across our entire procurement network.
Does the business environment work in to your advantage?
— Setting high standards in compliance, transparency and innovation is a key part of our strategy for continuous growth and development. The business environment in Serbia provides support through various initiatives and programmes aimed at fostering innovation and sustainability. The synergy between our internal standards and the support we receive from the economic landscape allows us to set benchmarks for others in the industry.
By setting high standards in areas like compliance, transparency and innovation, Inos Balkan is enhancing its operations while also establishing benchmarks for others in the metal recycling sector
Our company has also implemented numerous codes and policies, including the Business Code of Conduct, the Business Partner’s Code of Conduct Energy, the Labour and Human Rights Policy, the Energy and Climate Change Policy, the Sustainability Policy and others. These policies further reinforce our commitment to sustainable and responsible operations, setting an example for other companies in the industry.
Do you also consider investment in knowledge, industries, technologies and personnel as the most valuable investment?
— We absolutely agree that investment in new knowledge, technologies and personnel is fundamental to lasting success. We invest continuously in the training and development of our employees to ensure that we have the most highly qualified team in the industry. To achieve this, we utilise SuccessFactors as a tool for human resource management and workforce development, enabling us to monitor and enhance the skills and competencies of our employees efficiently.
How will the five megatrends shaping the modern world impact the principles of the circular economy in the future?
— These megatrends – urbanisation, climate change, technological advancement, demographic shifts and globalisation – will have a significant impact on the principles of the circular economy. We believe that the circular economy will become even more important in the future, as a response to these trends.
Our company is committed to implementing circular economy principles and waste management through various initiatives, including resource efficiency monitoring and reporting, optimising and increasing the use of secondary raw materials to reduce dependence on primary resources, and applying circular economy principles with a focus on waste minimisation, recycling and the development of new technologies that enable minimal waste generation.
