HIPAC Group
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Scope 1 Emissions:146.2 tCO2e/year (2022)
Scope 2 Emissions:9,332.4 tCO2e/year (2022)
Renewable Energy Share:1.18% (2022)
Total Energy Consumption:140,355 GJ/year (2022)
Water Consumption:67,747 m3/year (2022)
Waste Generated:903 tons/year (2022)
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Avoided 82 tCO2e in 2022 thanks to photovoltaic self-production
- Recovered 95.3% of waste produced in 2022
- Won Ecopack award for eco-design of packaging (555 Relive REC60 Rigid)
- Obtained ‘Plastic Second Life’ certification for REC60, REC30, and REX30 products
- Obtained ISCC Plus certification for REC60, REC30, and REX30 products (2021)
- AENOR certification for REC60 and REC30 products in Spain (2023)
Social Achievements
- Signed a second-level framework agreement with trade unions in Italy (2021) regarding production bonus and corporate welfare
- Implemented ‘Plan de Igualdad’ at IBERHIPAC to promote equal opportunities
- Established an Equality Committee at IBERHIPAC
- Adopted a protocol to prevent and act against sexual harassment at IBERHIPAC
Governance Achievements
- Implemented Model 231 (2021) for internal control and prevention of crimes
- Appointed a Supervisory Board (2021) to oversee Model 231 implementation
- UNI EN ISO 9001, 14001, 45001, and 50001 certifications
Climate Goals & Targets
Medium-term Goals:
- Two new production plants with energy-efficient characteristics
- Upgrading of photovoltaic plant at HIPAC S.p.A. (0.5 MW capacity)
- Installation of new photovoltaic plant at IBERHIPAC (1.4 MW capacity)
- Feasibility study for photovoltaic plant at HIPAC ROMANIA (1 MW capacity)
Short-term Goals:
- Expansion of the Italian office
- AENOR certification for RELIVE films in Spain
Environmental Challenges
- Increase in energy costs
- Growing consumer awareness towards sustainable lifestyles (opportunity and challenge)
- Increase in costs that innovation entails
Mitigation Strategies
- Increased self-generation of electric energy through photovoltaic systems
- Investment plan (2022-2024) to optimize production processes and environmental impacts
- Development of energy-efficient products and processes
Supply Chain Management
Responsible Procurement
- Preference for local suppliers for auxiliary materials
- Criteria for supplier selection: quality, cost-effectiveness, technical suitability, environmental respect, social responsibility, and compliance with health and safety regulations
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: UNI ISO 9001:2015, UNI EN ISO 14001:2015, UNI EN ISO 50001:2018, UNI ISO 45001:2018, ISCC Plus, Plastic Second Life, AENOR (2023)
UN Sustainable Development Goals
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 16
- Goal 17
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- RELIVE (recycled materials)
- RENEW (renewable raw materials)
- RESOLVE (biodegradable raw materials)
- NetRoll (no cardboard core)
Awards & Recognition
- Sustainability Award (2021, 2022)
- Ecopack award (2022)
- Best Packaging 2022 (finalist)
- Packaging Innovation Award (Silver Winner)
Reporting Period: 2023
Environmental Metrics
Scope 1 Emissions:144 tCO2e
Scope 2 Emissions:11,903 tCO2e
Total Energy Consumption:136,929 GJ
Water Consumption:66,293 m3
Waste Generated:981 tons
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Avoided 106.2 tCO2e in 2023 through self-generation of energy from photovoltaic systems
- Installed Europe's largest production line in 2023
- Recovered 95.5% of waste produced in 2023
- Renewed Plastica Seconda Vita certification in 2023 for several products
- Obtained AENOR certification in 2023 for several products
Social Achievements
- Signed El Plan de Igualdad at IBERHIPAC in 2022 to promote equal opportunities
- Provided 2,344 hours of occupational health and safety training in 2023
- Maintained 98% of employees on open-ended contracts in 2023
- Achieved 48% female employees in white-collar roles in 2023
Governance Achievements
- Implemented a 231 Model in 2021 to prevent offenses
- No reports of potential bribery incidents or proven cases of corruption in 2021-2023
- Adapted internal whistleblowing measures in 2023 in accordance with Legislative Decree no. 24 of 10 March 2023
Climate Goals & Targets
Long-term Goals:
- Net Zero emissions (implied)
Medium-term Goals:
- LCA and systematic approach to develop a certified tool for scientific calculation of the carbon footprint of HIPAC products
Short-term Goals:
- Upgrade of the photovoltaic plant at HIPAC S.p.A. (power 0.5 MW)
- Feasibility study for a new photovoltaic plant at IBERHIPAC
- Feasibility study for a photovoltaic plant at HIPAC ROMANIA (power 1 MW)
- Plastica Seconda Vita certification for RELIVE films at HIPAC Romania
- SAP go-live at IBERHIPAC (2024)
- Development of QR code for implementation with sampling
Environmental Challenges
- Market dynamics in the sector
- Reduction in raw material costs impacting sale prices
- International economic contingencies influencing sector performance
- Political conflicts affecting access to international trade routes
- Recent developments in European and national environmental legislation
Mitigation Strategies
- Business strategy focused on the promotion of HI-Green products to remain competitive
- Product innovation focusing on sustainable solutions using recycled and renewable materials
- Integration of ESG criteria into business strategy to monitor and improve sustainability performance
- Investments in cutting-edge technologies for efficient natural resource management
- Support for innovative research and development projects
Supply Chain Management
Supplier Audits: All suppliers of auxiliary raw materials signed the HIPAC Sustainable Procurement Policy in 2023
Responsible Procurement
- Sustainable Procurement Policy (formalized in November 2022)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: UNI ISO 9001:2015, UNI EN ISO 14001:2015, UNI EN ISO 50001:2018, UNI ISO 45001:2018, ISO 14024 Plastica Seconda Vita, ISCC International Sustainability & Carbon Certification, AENOR certification
UN Sustainable Development Goals
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 15
- Goal 16
- Goal 17
Correlation between material topics and SDGs is detailed in the report
Sustainable Products & Innovation
- HI-Green products
- RELIVE, RENEW, and RESOLVE versions of premium films
- NetRoll®
- DOUBLEDGE
- 112 Super Power Plus film
- 555 NetRoll® REC60 stretch film
Awards & Recognition
- Sustainability Award (2021, 2022, 2023)
- Top 100 Performers
- PRS Green Label (Italy and Spain)