Climate Change Data

Diab Group AB

Climate Impact & Sustainability Data (2020, 2021)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:131,635 tCO2e/year
Scope 1 Emissions:15,646 tCO2e/year
Scope 2 Emissions:20,087 tCO2e/year
Scope 3 Emissions:95,902 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:146,742 MWh/year
Water Consumption:4.00x10^6 m3/year
Waste Generated:Not disclosed
Carbon Intensity:7 kg CO₂/kg product in 2020

ESG Focus Areas

  • Environmental Responsibility
  • Social Responsibility
  • Financial Responsibility
  • Business Ethics

Environmental Achievements

  • Reduced CO2e emissions from approximately 11 tCO2e/tons sold product in 2016 to approximately 7 tCO2e/tons sold product in 2020. Significant CO2 savings made due to a new solid biofuel boiler.
  • Developed and published a blacklist of unacceptable chemicals and materials.
  • Achieved Science Based Targets (SBT) aligned with a 1.5°C global temperature increase pathway.
  • Developed new products with significantly improved properties, reducing carbon footprint.

Social Achievements

  • Improved Lost Time Accident (LTA) rate from 14.7 ppm in 2019 to 7.7 ppm in 2020.
  • Introduced e-learning platform "Smarter" to improve training and knowledge sharing.
  • Implemented a confidential whistleblowing procedure.

Governance Achievements

  • Implemented a control function in Salesforce CRM system to improve compliance with international trade regulations.
  • Had only 1 confirmed incident of corruption in 2020.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve approximately 8 tCO2e/tons sold product by 2022.
Short-term Goals:
  • Reduce waste volume by 50% from 2016 levels by 2022 (target appears difficult to meet).

Environmental Challenges

  • Slower than expected pace of waste reduction program.
  • Difficulty in meeting the 2022 target for waste reduction.
  • High LTA rate compared to industry benchmark.
  • Increased corruption risks due to balsa shortage.
  • Difficulty in incinerating IPN waste.
Mitigation Strategies
  • Cross-functional program for waste reduction launched in 2018.
  • Additional activities put in place since 2018 to reduce accidents at European sites.
  • In-depth global training program on anti-corruption policy and procedures.
  • Control function built into Diab’s Salesforce CRM-system to control countries and companies through international sanctions and export permits.
  • Activities started to improve the market for IPN by-products.

Supply Chain Management

Supplier Audits: Supplier audits performed in China during the year, but no suspected case of child labor found.

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Long and heavy wet season in Ecuador impacting balsa harvesting and transportation
Transition Risks
  • Changes in customer requirements regarding carbon footprint
Opportunities
  • Development of energy-efficient products; Increased demand for sustainable products.

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 13: Climate Action

SBTs are completely in line with SDG 13.

Sustainable Products & Innovation

  • New products within both the PET and IPN range with significantly improved properties, reducing carbon footprint.

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:122,983 tCO2e/year
Scope 1 Emissions:11,739 tCO2e/year
Scope 2 Emissions:11,215 tCO2e/year
Scope 3 Emissions:100,029 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:138,088 MWh/year
Water Consumption:4.00x10^6 m3/year
Waste Generated:Not disclosed
Carbon Intensity:5.9 kg CO2e/kg product in 2021

ESG Focus Areas

  • Environmental Responsibility
  • Financial Responsibility
  • Social Responsibility

Environmental Achievements

  • Reduced tCO2e emissions by 9% from 2020 to 2021. Intensity of CO₂/kg product significantly lower, from 7 kg CO₂/kg product to 5.9 kg CO₂/kg due to improved raw material yield.
  • Laholm site is landfill-free.
  • Developed new products within PET and PVC ranges with significantly improved properties, reducing carbon footprint.

Social Achievements

  • Introduced global e-learning platform "Smarter" to all coworkers.
  • Held first global Safety Day/Safety Month.
  • Improved Lost Time Accident (LTA) rate from 7.7 ppm in 2020 to 7.1 ppm in 2021.

Governance Achievements

  • Reaffirmed support of the Ten Principles of the United Nations Global Compact.
  • One confirmed incident of corruption in 2021 (down from one in 2020).

Climate Goals & Targets

Long-term Goals:
  • Maintain Science Based Targets aligned with a 1.5°C global temperature increase.
Medium-term Goals:
  • Achieve "Zero waste and closed loop" operations.
Short-term Goals:
  • Reduce waste volume by 50% from 2016 levels by 2022 (challenging target).

Environmental Challenges

  • Difficulty meeting 2022 waste reduction target.
  • High LTA rate compared to industry benchmark.
  • Challenges in achieving Scope 3 emissions reduction target.
  • Increasing cost of waste management, particularly PVC waste.
Mitigation Strategies
  • Cross-functional program for waste reduction launched in 2018.
  • Additional activities at European sites to reduce accidents since 2018.
  • Switch to solid biofuel boiler in Laholm for CO2 savings.
  • Increased use of renewable electricity across most sites.
  • Initiatives to increase market for PVC waste stream.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option, UN Global Compact, EU Taxonomy (soft implementation)

Certifications: ISO 14001, ISO 9001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 13: Climate Action

Science Based Targets aligned with 1.5°C global temperature increase.

Sustainable Products & Innovation

  • Divinycell Recoboard
  • New PET and PVC products

Awards & Recognition

  • Not disclosed