ACCO Brands Corporation
Climate Impact & Sustainability Data (2018, 2020, 2021, 2022, 2023)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced overall water consumption by 6% from 2017 to 2018.
- Achieved 86% waste recycling rate (up slightly from 85% in 2017).
- Reduced sludge waste in Bauru, Brazil facility by nearly 70%.
- Energy consumption in Brazil reduced by 340,016 kWh/year.
- 100% green power utilization in Australian cleaning products manufacturing facility.
- 34 facilities achieved ISO 14001 certification.
- 4 locations have ISO 50001 Energy Management certifications.
Social Achievements
- Lake Zurich office named one of “Chicago’s Best Places to Work” in 2018.
- Awarded 2018 Employee Engagement Award winner by Korn Ferry.
- Booneville, Mississippi, and Lerma, Mexico manufacturing sites tied for #1 Ranking safety performance award with zero recordable injuries.
- Donated approximately $2 million in cash and in-kind contributions to charitable organizations.
- Tilibra launched notebooks designed for those with special needs and learning disabilities.
Governance Achievements
- 90% of directors are independent.
- 2018 say-on-pay proposal approved by 97% of shareholders.
- 81% of CEO 2018 target compensation is at-risk based on financial performance.
- ACCO Brands EMEA awarded RoSPA Order for Distinction for 22 consecutive Gold Medal Awards.
- Enhanced due diligence through increased supplier engagement and reporting, based on OECD due diligence guidelines.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- CO2 emissions increased by 2.8% over 2017 due to increased electricity usage and a shift to more coal in Poland's power production.
- Electricity usage increased by 1% from 2017 to 2018 due to additional production and shipments, as well as construction activities.
Mitigation Strategies
- Centralizing and optimizing vacuum pumps, evaluating and substituting inefficient motors, pumps, and compressors.
- Progressively switching to LED lighting in St. Amé warehouse, France.
- Implemented an improved non-toxic chemical treatment process to reduce sludge waste in Bauru, Brazil.
Supply Chain Management
Supplier Audits: Regular supplier audits performed by a third-party audit firm
Responsible Procurement
- Supplier Code of Conduct
- Supplier Summit in China
- OECD due diligence guidelines
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001, ISO 50001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- TruSens™ air purifiers (launched in 2019)
- AT-A-GLANCE® recycled planners
Awards & Recognition
- National Safety Council Industry Leader Award
- National Safety Council Operational Excellence Achievement Awards
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Management
- Data Security
- Workforce Diversity and Inclusion
- Product Sourcing
- Packaging and Marketing
- Labor Conditions in the Supply Chain
- Community Investment
- Product Safety
- Quality Management
- Packaging
- Corporate Governance
Environmental Achievements
- 11% reduction in energy consumption at sites reported in 2019 ESG report, resulting in a 29% reduction in CO2 emissions at those same sites.
- 89% of non-hazardous waste in factories and warehouses recycled (6% improvement over 2019).
- Almost 7% reduction in overall water consumption from 2019 (15% reduction at sites reported in both 2019 and 2020).
Social Achievements
- Increased percentage of Director-level-and-above female leaders globally to 28% (from 27%).
- 40% of ACCO Brands people managers attended a “Raising the Bar” leadership development program.
- Approximately $1.3 million in monetary and in-kind donations to charitable organizations.
- 98% of all social responsibility audit checkpoints indicated conformance with applicable standards.
- Worker Sentiment Surveys completed for 69 suppliers, showing high levels of employee satisfaction and intent to stay.
Governance Achievements
- Launched a new audit model to better align risk, influence, compliance, corrective action and investment.
- Implemented Worker Sentiment Surveys into the audit process.
- Responded to 66 customer and consumer access requests and 109 customer and consumer deletion requests through the MyData platform.
Climate Goals & Targets
- Increase percentage of Director-level-and-above female leaders globally to 33% by 2025.
- Increase percentage of revenue from products certified to third-party environmental and social sustainability standards by 10 percentage points by 2025.
- Increase energy efficiency at facilities by 10% by 2025.
Environmental Challenges
- COVID-19 pandemic significantly impacted consumers, employees, customers, and the company.
- Inability to perform onsite CESMP audits due to the pandemic.
Mitigation Strategies
- Formation of a COVID-19 Task Force to address pandemic implications.
- Transition to a work-from-home environment for most office staff.
- Development of office reopening guidance and training.
- Intention to resume CESMP audit program in 2021 using a combination of remote and onsite audit protocols.
Supply Chain Management
Supplier Audits: 177 strategic in-scope supplier factory locations audited (100%)
Responsible Procurement
- Supplier Code of Conduct
- Conflict Minerals Policy
- e-learning lessons on compliance topics
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: ISO 50001, ISO 14001
Sustainable Products & Innovation
- Leitz® Recycle product line
Awards & Recognition
- National Safety Council Operation Perfect Record Award
- Occupational Excellence Achievement award
- RoSPA Order of Distinction
- Red Dot award for Leitz® Recycle
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Management
- Waste Reduction
- Water Consumption
- Culture and Employee Experience
- Diversity and Inclusion
- Occupational Health and Safety
- Supply Chain Responsibility
- Community
- Product Safety
- Board Diversity
- Data Security and Privacy
Environmental Achievements
- Reduced scope 1 and scope 2 CO₂ emissions 24% from 2020
- Recycled 86% of the non-hazardous waste in our factories and warehouses
- Increased energy efficiency at our factories and warehouses by 11.3% at the Lilyhall, UK facility
Social Achievements
- Increased the percentage of Director-level-and-above females globally to 30%, up from 27% in 2019
- Achieved a 91% participation rate in the Employee Engagement Survey
- Made approximately $1.3 million in monetary and in-kind contributions to charitable organizations
Governance Achievements
- One-third of the nine director nominees are women
- Company-required learning delivered annually to all employees to ensure understanding of, and compliance with, the Code of Conduct
Climate Goals & Targets
- Increase the energy efficiency at our facilities by 10% by 2025
- Increase revenue from products certified to third-party environmental and social standards by 10 percentage points by 2025
- Increase the percentage of Director-level-and-above female leaders to 33% globally by 2025
Environmental Challenges
- Recycling rate decreased by 3% over 2020 due to production improvements and clean-up projects
- Maintaining energy efficiency improvements amidst increased production and shipping activity
Mitigation Strategies
- Initiated new energy management projects including auditing compressed air leaks, modifying production processes, replacing inefficient batteries and chargers, and installing LED lighting
- Installed new board pasting machines in Arcos, Portugal to reduce waste and eliminate hazardous waste disposal
Supply Chain Management
Supplier Audits: 100% of 182 strategic in-scope supplier factory locations were audited
Responsible Procurement
- ACCO Brands’ Supplier Code of Conduct
- ACCO Brands’ Conflict Minerals Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: ISO 50001, ISO 14001, PEFC, FSC®, ACMI, Blue Angel, GECA, Nordic Swan, SFI®, UL Greenguard
Sustainable Products & Innovation
- Mead® We Mean Green™ and Five Star® Recycled
- Leitz® Recycle range
Awards & Recognition
- National Safety Council’s Operation Perfect Record Award
- Occupational Excellence Achievement Award
- RoSPA Patrons Award
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- People
- Planet
- Products
Environmental Achievements
- Exceeded energy efficiency goal by improving energy efficiency 13% over 2019 baseline
- Reduced scope 1 and scope 2 CO₂ emissions 13% from 2021
- Nearly doubled renewable energy in electricity to 14% from 7.1% in 2021
- Recycled 86% of non-hazardous waste from factories and distribution centers
- Decreased total energy consumption by 5% from 2021
Social Achievements
- Increased percentage of Director-level-and-above females globally to 31.7% (from 27% in 2019)
- Made approximately $1.42 million in monetary and in-kind contributions to charitable organizations
- Launched a new Mentoring Program connecting employees to leaders
- Launched ACCO Women Partnering for Success (AWPS) Employee Resource Group
- Improved working hour flexibility at German distribution sites based on 2021 employee survey feedback
Governance Achievements
- 100% of salaried employees and 89% of hourly employees completed Code of Conduct training
- Expanded risk identification activities to specifically consider climate-related risks
- Implemented a new people management system (HR Connect)
Climate Goals & Targets
- Not disclosed
- Increase percentage of Director-level-and-above female leaders to 33% globally by 2025
- Increase revenue from products certified to third-party environmental and social standards by 10 percentage points by 2025
- Increase energy efficiency at facilities by 10% by 2025
Environmental Challenges
- Increased accidents during the immediate post-COVID return-to-work phase
- Turnover and hiring challenges globally
- Maintaining compliance with evolving data protection laws
Mitigation Strategies
- Focused training and adjusted policies to meet regional requirements and employee needs
- Initiatives to attract and retain valued workers, including accommodations
- Making privacy notices publicly available and incorporating privacy into Code of Conduct training
- Robust cybersecurity program with annual risk assessments and training
Supply Chain Management
Supplier Audits: 98% of 239 strategic in-scope supplier factory locations audited
Responsible Procurement
- Supplier Code of Conduct
- Conflict Minerals Policy
- e-learning on compliance topics
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: ISO 14001, ISO 50001, ISO 9001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- GreenPath™ by Cambridge®
Awards & Recognition
- EcoVadis Bronze Medal certification
- Office Depot Italia Sustainability Award
- RoSPA Patron’s Award (26 consecutive Gold Medals)
- Walmart Project Gigaton™ Giga-Guru
- National Safety Council recognitions
- Crain’s Chicago’s Most Innovative Companies 2022
- NACD Directorship 100™ (Graciela Monteagudo)
- OPI Top 50 Woman In Business Products World (Roxanne Bernstein)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- People
- Planet
- Products
Environmental Achievements
- Reduced scope 1 and scope 2 CO2 emissions by 25% from 2022 levels
- Increased use of renewable energy to 20% from 14% in 2022
- Decreased total energy consumption by 10% from 2022 levels
- Improved energy efficiency by 16.7% relative to the 2019 baseline
- Recycled 91.8% of non-hazardous waste from manufacturing plants and distribution centers
- Realized a 32% reduction in water consumption over 2022
Social Achievements
- Increased female representation to 33% across the global workforce at the Director-level and above
- 98% of suppliers audited achieved conformance with applicable standards on all social responsibility audit checkpoints
- Made approximately $2.3 million in monetary and in-kind contributions to charitable organizations
- Implemented “Feel Good @work and beyond” concept in Central Europe to improve work-life balance and promote well-being
- Expanded the women’s employee network, ACCO Women Partnering for Success (AWPS), to have global reach
Governance Achievements
- 100% of salaried employees completed online training; 94% of hourly employees completed facilitator-led training sessions
- Refined privacy program to keep ahead of new laws
- 100% of employees with an email address completed privacy training
Climate Goals & Targets
Environmental Challenges
- Increase in accidents during the immediate post-COVID return-to-work phase
Mitigation Strategies
- Continued focus on Mission Zero to achieve zero occupational injuries or illnesses
- Annual Comprehensive Environment Safety Management Plan (CESMP) audits at all major manufacturing and warehousing locations
Supply Chain Management
Supplier Audits: 253 facilities
Responsible Procurement
- Social Responsibility Policy
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: ISO 14001, ISO 50001, ISO 9001
Sustainable Products & Innovation
- Kensington® Pro Fit Ergo TB450 and TB550 Trackballs with recycled content
Awards & Recognition
- Microsoft Product of the Year Award
- Optimizely’s 2023 UKI Customer Awards
- ACCO Brands Australia Gold Partner of the Year
- EcoVadis Bronze Medal certification
- RoSPA Patron’s Award
- America’s Safest Companies (EHS Today)