61 Arise IIP | Sustainability Report 2023 Corporate Governance and Business Ethics FOSTERING ACTION ON CLIMATE CHANGE Fostering Responsible Supply Chains Fostering an Inclusive Workplace Charting the Path to Sustainable Growth GRI Index Case Study: Wood Waste conversion at Particle Board Factory in GSEZ GSEZ has launched an initiative to support our circular economy waste management philosophy by optimizing the amount of material that our timber business reuses and recycles. Currently, about 40% of the wood waste produced by the timber industries, which amounts to approximately 350 metric tons per day, has no practical use. However, it is feasible to use the particle board manufacturing process to consume all the generated wood waste. This presents an opportunity to further utilize and convert the remaining waste into particle board. Monthly Wood Consumption at GSEZ 90,000 cubic meter 350 m3/day particle board production capacity Direct Jobs Generation 100 (unskilled, semiskilled and skilled) Wood Waste Generation 40500m³/month in GSEZ Raw Material Input Capacity of Plant 550 MT/Day 32,000 tCO2e Emission reduction estimated from circularity initiatives at the particle board factory annually over the lifetime of the project. Log Sawn timber Veneer sheet Veneer sheet Wood processing stages Plant for the production of particle board Recovered wood waste Plywood Plywood Furniture Reused recyclable waste (new rawmaterial)
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