Mission, Vision and Principles
LUMIN® provides products that meet a variety of social needs whilst preserving a healthy environment through sustainable timberland management. One of the pillars of our responsible management is our commitment to producing wood based products for humanity, that conserve natural resources and biodiversity.
Our other pillars include corporate social responsibility, which focuses on safety, diversity, ethics, responsibility and sustainability. We are committed to complying with local and national standards in the environments in which we operate in.
Mission
We are committed to meeting customer needs by delivering a reliable supply of high quality products, whilst maintaining high safety standards and operating sustainably. Our innovative approach, cost optimization and support for the communities in which we operate form the foundation for maximizing shareholder value.
Vision
Our vision is to be a leading company in forest commercial management and wood product production, committing to industry excellence while upholding our ethics and values.
Principles and Values
Our business is inspired by the desire to guarantee a trustworthy supply of wood-products from responsible and sustainable sources delivered to our clients at national, regional and global level.
As a global leader in socially responsible and environmentally sustainable wood products, LUMIN is committed to complying with all local and national standards, as well as our corporate social responsibility, which focuses on safety, diversity, ethics, responsibility and sustainability.
How we achieve our Strategic Approach
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Customer relationships
We view our customers as vital business allies, focusing on building long-term relationships by understanding and prioritizing their needs and expectations.
We maintaining strict quality and service standards across our product lines to ensure we meet these expectations consistently.
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Safe and sustainable operations
The health and safety of our employees is extremely important to us. In fact, since LUMIN began operating in Uruguay in 1996, we have been publicly recognised as a leader in safety standards. All employees have the responsibility and the right to refuse work or stop an activity if they consider it unsafe.
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Long-term strategy
We strive to operate in an innovative, economical, and transparent manner, attuned to our staff's needs and focused on optimizing solutions for long-term strategic success.
Our actions are designed to reflect our company's best interests, aiming to maximize value and deliver impactful results both in the short and long term.
We are deeply committed to fostering the development and growth of our organization, driven by a strong entrepreneurial spirit.
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Citizenship
LUMIN® implements a strong Corporate Social Responsibility (CSR) policy that ensures high levels of communication and participation with the local community and the environment in which we operate, throughout the different stages of the business.
We work closely with local communities, with an emphasis on initiatives that support women and children.
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Environmental care
Every part of our operation places the environment as a priority. We comply with all laws, rules, regulations and best practices in the areas where we operate. In fact, Uruguay’s national forestry standards were originally modelled on LUMIN’s management practices. We closely cooperate with authorities and regulators to ensure we comply with all environmental standards.
We ensure the protection and appropriate use of natural resources, as well as the care of native fauna and flora.
We are responsible stewards of our environment and aim to continuously improve our company and products.
How we Work
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People development
We foster an inclusive workplace by identifying and promoting development opportunities and collaboration across all business functions, ensuring equal opportunities for all.
Our commitment to a healthy work-life balance is reflected in comprehensive policies supporting maternity, paternity, and caregiving, aligning with our core values and enhancing employee well-being.
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Inclusivity
We promote inclusivity and equality across the company.
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Recognition
We recognize and reward our staff's achievements by focusing on both individual and organizational excellence.
We are committed to understanding and supporting individual career growth, guiding our team to success through a focus on tangible results.
Employees are rewarded and promoted based on their individual and teamwork contributions.
Additionally, we actively promote gender equality and the advancement of minority groups, fostering an inclusive and equitable workplace.
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Diversity
We do not allow any form of discrimination, and ensure that equal opportunities are offered to everyone, regardless of ethnicity, gender, nationality, sexual orientation, religion, disability and/or age.
We foster a culture of diversity, excellence and innovation.
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Teamwork
We foster a respectful environment where collaboration and trust are the foundation of our team dynamics.
Moreover, we are committed to safe labor practices by actively preventing workplace violence and addressing sexual and gender harassment, ensuring support extends beyond the office environment.
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Entrepreneurial spirit
We cultivate an entrepreneurial spirit by encouraging and rewarding the exploration and development of innovative projects.
In line with our commitment to the Women's Empowerment Principles (WEP), we also prioritize forming commercial relationships with female-owned suppliers, reinforcing our dedication to gender equality and empowerment in all business practices.
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Open and effective communication
We prioritize open and effective communication across all levels of our organization including staff, suppliers, contractors, clients, and communities.
Good communication is key to building professional relationships and we take measures to ensure the language and imagery associated with our business is inclusive and without bias.
Leadership
At LUMIN, we are dedicated to surpassing client expectations by delivering operational excellence, superior quality products, and outstanding service.
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Innovation
Our commitment to innovation drives us to develop sustainable, marketing leading solutions.
With continuous improvement at the forefront, we challenge the status quo and search for more cost effective and environmentally friendly ways of working.
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Cost and resource optimization
At LUMIN, we make informed decisions that consider costs to optimize our organization's financial performance. Understanding the direct impact of costs on our results, we are rigorously committed to adhering to our organizational budget, ensuring fiscal responsibility and sustainability in all our operations.
Understanding the direct impact of costs on our results, we are rigorously committed to adhering to our organizational budget, ensuring fiscal responsibility and sustainability in all our operations.
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Focus on results
We consistently deliver top results by adhering to stringent safety and quality standards. We recognize the importance of cost optimization in our decision-making processes to enhance organizational efficiency and performance.
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Operational excellence
We adhere to industry best practices to ensure operational excellence.
We prioritize client needs, meticulously balancing costs and deadlines. Our commitment is to exceed expectations through a deep sense of responsibility in achieving superior results.
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Ethical Conduct
We are guided by the highest ethical standards and adopt clear compliance standards, strictly observing all applicable laws, rules, regulations, policies and internal procedures.
We act with integrity and in accordance with our principles, fulfilling our ethical and legal responsibilities.
We implement programs to prevent, detect and report suspicious activities, including fraud and terrorism, sexual exploitation or any other activities that could harm the integrity of other people.