UNIROYAL GLOBAL ENGINEERED PRODUCTS, Inc.
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Quality
- Environmental Management
- Safety
Environmental Achievements
- Environmental Management Systems certified to ISO 14001
- Reduction in emissions
- Stringent recycling targets
- Lower VOC emissions
Social Achievements
- OEKO-TEX certified
- MED approved supplier
- A member of Vinyl Plus Foundation
Governance Achievements
- ISO9001/2008
- TS 16949 certification
- VDA 6.3 compliant
- Compliance with REACH regulations
Climate Goals & Targets
Long-term Goals:
- Management estimates that with geographic expansion, new technology and product development we can expand our current target market from $2 billion to $10 billion in the next three to five years
Medium-term Goals:
- Penetrate Industrial & Consumer markets in Europe using power of Uniroyal Brand
- Geographic Expansion to complete the Global Footprint (Asia)
Short-term Goals:
- Deeper penetration into current automotive OEMs and expanding our customer base
- Entrance into new German OEM’s
- Development and Innovation of new technical applications
Environmental Challenges
- General weakness in non-automotive markets
- Negative currency translation effect from British Pound
Mitigation Strategies
- Efficiency initiatives and global integration programs
- Increasing penetration at existing customers
- Expanding customer base
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 14001, ISO9001/2008, TS 16949, VDA 6.3, OEKO-TEX, REACH, Vinyl Plus Foundation
Certifications: ISO 14001, ISO9001/2008, TS 16949, OEKO-TEX, MED
Sustainable Products & Innovation
- Casablanca (new linen-textured vinyl-coated fabric)
- Water-based coatings
- PU leather technology
- TPO technology