Climate Change Data

Environmental Metrics

ESG Focus Areas

• Occupational Health and Safety
• Emissions
• Diversity and Equal Opportunity
• Non-discrimination
• Procurement Practices
• Materials
• Effluents and Waste
• Environmental Compliance
• Marketing and Labelling
• Customer Health and Safety
• Economic Performance
• Anti-corruption
• Anti-competitive Behaviour
• Socioeconomic Compliance
• Public Policy
• Employment
• Labour/Management Relations
• Training and Education
• Freedom of Association and Collective Bargaining
• Child Labour
• Forced or Compulsory Labour
• Human Rights Assessment
• Supplier Social Assessment
• Energy
• Water
• Environmental Compliance
• Supplier Environmental Assessment

Environmental Achievements

• Increased internal recycling quota to 62.15% (a 4.1% increase from 2017), moving closer to the 65% target by 2020.
• Reduced specific energy consumption by 7.5% compared to the 2013 baseline.
• Reduced specific CO2 emissions by 6.4% compared to the 2013 baseline.

Social Achievements

• Decreased group-wide employee turnover rate to 8.6% (year-on-year decrease).
• Decreased employee turnover rate in Asia to 16.5% (from 20.5% in 2017).
• Implemented a program to reduce employee turnover in Asia, resulting in a four percentage point decrease compared to the previous year.
• 94.4% of trainees in German locations stayed after completing their training.
• Eleven refugees completed internships, providing them with experience in the German working world.

Governance Achievements

• No cases of corruption or fines for non-compliance with laws or regulations were identified.
• Implemented Administrative Internal Control Procedures (AICPs) to manage compliance activities and internal controlling measures.
• Regular audits conducted by the Internal Revision department to review compliance with AICPs.

Climate Goals & Targets

Environmental Challenges

• Rising cost of materials and unusually low productivity in the fourth quarter.
• Inadequate disposal and recycling structures leading to plastic waste in the environment.
• Old building structures at some plants making it difficult to store water-harmful substances in compliance with regulations.
• High employee turnover rate in Asia (although improving).

Mitigation Strategies

• Investments in new products, growth targets, and efficiency increases (EUR 80.7 million in 2018).
• Focus on internal recycling and increasing the use of recyclates.
• Development of sustainable products and systems (e.g., green roofing systems).
• Installation of sealed surfaces and hazardous substances warehouses to prevent environmental impact from hazardous substances.
• Program to reduce employee turnover in Asia focusing on process optimization, training, and further education.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Preference for local suppliers.
• Requirement for suppliers to comply with statutory provisions regarding working conditions and safety standards.
• Preference for suppliers with certified environmental or energy management systems.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards (2016): Core option

Certifications: ISO 14001 (9 locations), EMAS (9 locations), ISO 9001 (14 production plants), ISO 50001 (all German locations and Cramlington, UK)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 9
• SDG 5
• SDG 10
• SDG 12
• SDG 8
• SDG 13

RENOLIT contributes to these SDGs through various initiatives related to health and safety, innovation, gender equality, responsible production, economic growth, and climate action.

Sustainable Products & Innovation

• RENOLIT ALKORSMART roofing membrane (energy-saving).

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Increased internal recycling rate to 54.3% (though lower than the previous year's 62%)
• Invested EUR 0.9 million in 22 energy-saving projects
• Reduced specific energy consumption by 4.8% compared to 2013 (though a step backwards from previous years)
• Reduced specific CO2 emissions by 4.5% compared to 2013
• Achieved 100% recycling rate throughout the value chain for RENOLIT ONDEX COMPACT range

Social Achievements

• Employed 4,892 people worldwide (1.8% increase year-on-year)
• Launched mental well-being program at Cramlington, UK, receiving a Silver Better Health at Work Award
• Provided training and further education options for employees
• Maintained low employee turnover (10% group-wide, though higher in Asia)
• Donated around EUR 35,000 to social projects, EUR 24,000 to sponsoring cultural events, and EUR 36,000 for scholarships

Governance Achievements

• Reorganized shareholder structure
• Expanded Board of Management to four members
• Updated Code of Conduct
• No significant corruption risks identified
• Implemented Administrative Internal Control Procedures (AICPs)

Climate Goals & Targets

Environmental Challenges

• Decreased internal recycling rate due to changes at four locations (lower production volumes and deconsolidation of a Chinese company)
• High employee turnover in Asia due to market mechanisms and manual labor demands
• Need to improve identification and assessment of sources of danger in occupational safety
• Old buildings at some plants making it difficult to store water-harmful substances
• Low demand for products made with recycled materials

Mitigation Strategies

• Implementing measures to increase recycling rate, investing EUR 1.2 million in RENOLIT goes Circular initiative
• Implementing a new system of incentives in China to improve work-life balance and automating processes
• Developing a training program on identifying and assessing risks for occupational safety
• Installing sealed surfaces and hazardous substances warehouses at various locations
• Focusing on increasing materials efficiency and expanding recycling activities

Supply Chain Management

Supplier Audits: 95% of suppliers have ISO 14001 certification

Responsible Procurement

• Preference for local suppliers
• Compliance with conditions of purchase (including labor standards and hazardous substance regulations)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards (2016): Core option

Certifications: ISO 14001, ISO 50001 (at some locations), ISO 9001 (at 16 production plants), ISO 13485 (RENOLIT MEDICAL)

Third-party Assurance: None

UN Sustainable Development Goals

• SDG 3
• SDG 9
• SDG 5
• SDG 10
• SDG 12
• SDG 8
• SDG 13

The report details how RENOLIT's activities contribute to these goals.

Sustainable Products & Innovation

• RENOLIT ONDEX COMPACT range (100% recyclable)
• RENOLIT WOOD-STOCK (100% recyclable wood plastic composite)

Awards & Recognition

• Silver Better Health at Work Award (Cramlington, UK)

Environmental Metrics

ESG Focus Areas

• People
• Planet
• Profit

Environmental Achievements

• Significant strides toward the goal of recycling all plastic scrap internally by 2025; all RENOLIT production sites have created an internal system that continually reports the materials flow available for recycling.
• Further increased the use of raw materials with non-fossil origins.
• Reduced CO2 emissions by 7.7% compared to 2021 (total scope 1+2).

Social Achievements

• Increased diversity quota to 37.8% (goal: 35.5% by 2025).
• Further reduction of workplace accidents; reduced the Thousand Man Quota (TMQ) to 8.4 (2021: 15.8).

Governance Achievements

• Anchored sustainability as a principle of attitude and action for management in numerous workshops in 2022.
• No violations of laws or ordinances found at RENOLIT SE or its subsidiaries in 2022.

Climate Goals & Targets

Environmental Challenges

• Effects of the global Corona pandemic (employee health concerns, travel restrictions, delivery bottlenecks).
• Humanitarian catastrophes and energy crisis triggered by the war in Ukraine (high-cost increases in the energy industry, high degree of insecurity).
• Lack of skilled labor due to demographic change.
• Rising energy costs.

Mitigation Strategies

• Developed alternative sourcing strategies.
• Implemented energy efficiency measures and invested in energy-saving technologies (approx. €3 million).
• Expanded and reinforced the RENOLIT employer brand (child holiday program, anniversary gala, works agreement on appreciation).
• Initiated a company-wide idea campaign for energy savings (161 suggestions).

Supply Chain Management

Supplier Audits: 62 suppliers assessed in 2022 (German sites)

Responsible Procurement

• Purchasing specifications requiring adherence to legal requirements in the area of working conditions and safety standards; opposition to forced or child labor; obligation to observe individual and collective labor rights and pay minimum wage; requirement for suppliers to have certified environmental or energy management systems.

Climate-Related Risks & Opportunities

Physical Risks

• Heavy rainfall, water shortages, storms, heat waves

Transition Risks

• Rising energy costs, regulatory changes

Opportunities

• Development of energy-efficient products, renewable energy sources.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (10 sites), EMAS (1 site), ISO 9001 (16 sites), ISO 13485 (all healthcare sites), ISO 15378 (all medical product sites), IATF 16949 (Buriasco and Pune sites)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3, SDG 5, SDG 8, SDG 9, SDG 12, SDG 13

RENOLIT's initiatives contribute to these goals through various programs and activities related to health and well-being, gender equality, decent work, innovation, responsible consumption and production, and climate action.

Sustainable Products & Innovation

• Flexible PV films, new functional films for photobioreactor or agri-tech industry, cooling tower film with high recycled material content.

Awards & Recognition

• Mind Change Award in Gold for human resources management concepts.