Climate Change Data

Fabryka Farb i Lakierów Śnieżka SA

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environment
  • People
  • Business

Environmental Achievements

  • Specified carbon footprint in scopes 1, 2, and 3

Social Achievements

  • Maintained comparable salaries for women and men in similar positions (pay gap below 5%)
  • Increased training hours per employee

Governance Achievements

  • Developed a new risk matrix including climate risk
  • Further attention to compliance and cybersecurity development and education

Climate Goals & Targets

Medium-term Goals:
  • Increase sales of low-environmental-impact products to 50% by 2030
Short-term Goals:
  • Reduce industrial water use by 10% in a key production plant (through new cleaning technology)
  • Install a photovoltaic system covering approximately 30% of annual energy demand by 2025

Environmental Challenges

  • Rapid increase in inflation
  • Unfavorable external factors affecting financial and business performance
  • Lower consumer demand
  • Consequences of the war in Ukraine
  • Increased costs of packaging, services, and raw materials
Mitigation Strategies
  • Agile management, including cost monitoring and adaptation
  • Leveraging previous investments (e.g., Logistics Centre) for more efficient logistics and cost reduction

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GHG Protocol

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable Development Strategy
  • CSRD Compliance
  • EcoVadis Assessment

Environmental Achievements

  • Achieved EcoVadis Gold Medal, placing it among the top 5% of certified companies.

Social Achievements

  • Not disclosed

Governance Achievements

  • Work on reporting compliant with CSRD

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • By 2028, achieve consolidated net revenues of PLN 1.1 billion
  • Achieve 18% EBITDA margin by 2028
  • Achieve a market share higher than 20% in key countries by 2028
  • Systematic improvement of ESG indicators assessed by EcoVadis
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Difficult geopolitical and macroeconomic environment (GDP decline, high inflation, interest rates)
  • Drop in volumes on Polish and Hungarian markets due to falling purchasing power and consumer sentiment
  • War in Ukraine affecting market stability and forecasting
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: CSRD

Certifications: EcoVadis Gold Medal

Third-party Assurance: Audit

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • EcoVadis Gold Medal 2023
  • Top Companies Report (59th place)