Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Risks related to the legal framework regulating environmental protection
• Risks related to the need of financing of planned investments
• Risks related to the prices of energy sources
• Risks related to employment and keeping of qualified personnel

Mitigation Strategies

• IHB Plc applies a policy aimed at performance of all applicable legal obligations, and this is related to putting and maintenance of the facilities and processes in compliance with the effective standards.
• A significant portion of the investments planned by the Issuer is envisaged to be financed by own funds.
• IHB Plc success is partially due to its capability to employ, train, keep and motivate qualified personnel.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Labor Standards
• Work Conditions
• Stakeholder Relations
• Environmental Protection

Environmental Achievements

• Implemented waste management programs at Bulyard Shipbuilding Industry and Dockyad Port – Bourgas.
• Elprom ZEM holds ISO 14001:2004 certification for environmental safety and ecological production.
• ZMM Sliven has a dedicated swarf unit for recycling and a lubricant unit for secondary processing of used lubricants.

Social Achievements

• Employs over 3,100 people.
• Maintains good relations with labor unions, with collective labor contracts in 40% of companies.
• Provides various forms of employee education and training, including a professional training center at Bulyard SI.
• Restored and expanded an 80-bed boarding house for workers at Bulyard SI.
• All companies have contracts with labor medicine facilities for employee healthcare.

Governance Achievements

• Implemented International Accounting Standards in 2002, and in all subsidiaries by 2003.
• Received awards for full disclosure of information (2004), best corporate governance (2005), and best online investor relations (2007).
• Actively engages with technical universities for scholarship and internship programs.

Climate Goals & Targets

Environmental Challenges

• Need to address waste disposal, particularly at ZMM Sliven (chrome waste) and Mashstroy (smelting sand).
• Modernization of painting chambers at Mashstroy to comply with EU Directive 99/13/EC.
• Addressing air pollution issues at Augusta Mebel due to lacquer drying and steam station emissions.
• Maintaining and upgrading aspiration systems at Elprom ZEM.
• Replacing harmful solvents at Elprom ZEM.

Mitigation Strategies

• Investing in new technologies and equipment (e.g., induction furnaces at Leyarmach, new painting chamber at Elprom ZEM).
• Developing and implementing waste management programs and environmental plans.
• Seeking and utilizing European Union subsidies for environmental projects.
• Regular audits and remediation of work conditions.
• Exploring environmentally friendly alternatives (e.g., water-soluble lacquer at Elprom ZEM).

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• 2004 Bulgarian Stock Exchange award for full disclosure of information
• 2005 Investors Association award for best corporate governance
• 2007 award for best online investor relations