Climate Change Data

Frigoglass Group

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:981.9 (tCO2e/year)
Scope 1 Emissions:52.47 (tCO2e/year)
Scope 2 Emissions:18.21 (tCO2e/year)
Scope 3 Emissions:960.9 (tCO2e/year)
Renewable Energy Share:Not disclosed
Total Energy Consumption:175,443.2 (MWh/year)
Water Consumption:Not disclosed
Waste Generated:3,549 (tons/year)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Marketplace
  • Environment
  • Workplace
  • Community

Environmental Achievements

  • Achieved validation from SBTi for near-term, long-term, and Net Zero science-based emissions reduction targets.
  • Installation of Liquefied Natural Gas (LNG) tanks to reduce reliance on diesel.

Social Achievements

  • Maintained a global rate of above 90% of local origin workforce.
  • Continued contributing coolers and other critical supplies for infrastructure developments in operating countries.
  • Launched Augmented Reality technology, increasing customer satisfaction and improving efficiency while reducing business travel and emissions.

Governance Achievements

  • Sixth consecutive year of Platinum rating from EcoVadis.
  • Implementation of a new Operational Risk Management program.

Climate Goals & Targets

Long-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year.
  • Reduce absolute scope 3 GHG emissions 90% by 2050 from a 2019 base year.
  • Achieve Net Zero greenhouse emissions across the value chain by 2050.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions 48.3% by 2030 from a 2019 base year.
  • Reduce absolute scope 3 GHG emissions 27.5% by 2030 from a 2019 base year.
  • Increase annual sales share in green ICMs over 90% by 2025.
  • Maintain high annual local spent on procurement over 40%
  • Achieve 100% renewable electricity by 2025 in Romania.
  • Achieve a minimum of 50% average recycled content across all three glass colours by 2025.

Environmental Challenges

  • Continued disruptions from the Romania plant rebuild and the war in Ukraine.
  • Exceptional circumstances created by the fire incident in Romania and the Ukraine war affecting emissions and energy intensity.
  • Unstable energy supply in Glass operations nearly doubling intensity indices.
  • Increased energy and labor costs, particularly in Europe.
Mitigation Strategies
  • Equipped Romania temporary operations with cabin insulation capabilities.
  • Ongoing product standardization and component outsourcing projects.
  • Procurement related initiatives improving manufacturing efficiencies.
  • Stabilizing newly established operations in Switzerland and strengthening those in South Africa.
  • Securing competitive supply sourcing and continuity through collaboration with long-term strategic partners and introducing new alternative supply sources.
  • Investment in research and development to produce ICMs that use natural refrigerants and consume minimum possible power.
  • LNG system installation as a backup energy source in case of natural gas outages.

Supply Chain Management

Supplier Audits: Over 50% of suppliers representing over 90% of total annual spend audited on-site in the last 3 years.

Responsible Procurement
  • Supplier Code outlining standards and principles on ethics, labor, human rights, health & safety, and environment.
  • Sustainable procurement practices and supplier assessment processes.
  • Supplier training programs on sustainability criteria.
  • Risk analysis on key purchasing categories to ensure security of supply.

Climate-Related Risks & Opportunities

Physical Risks
  • Greater variability of temperature including high temperature which may lead to production downtime.
  • Increase in average temperature over longer time frames which may lead to increased operation and production costs associated with cooling in factories.
Transition Risks
  • Increasing reporting obligations imposed by regulators.
  • Participation in the EU ETS and introduction of similar schemes.
  • Changes to refrigerant regulation.
  • Expectations of major customers with respect to environmental performance.
Opportunities
  • Energy efficiency opportunities at a number of plants.
  • Development of energy-efficient ICMs.

Reporting Standards

Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs), Science Based Targets initiative (SBTi), UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 17025, ISO 9001

Third-party Assurance: TUV Hellas (Scope 1 and 2 emissions, excluding Russia; parts of Scope 3)

UN Sustainable Development Goals

  • 6
  • 7
  • 8
  • 9
  • 12
  • 13
  • 3
  • 4
  • 5
  • 10
  • 16
  • 17

Mapping of material issues against SDGs.

Sustainable Products & Innovation

  • ICOOL 2.0 and Max/Plus ranges of coolers
  • Hybrid and Solar models

Awards & Recognition

  • Platinum medal from EcoVadis (six consecutive years)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:739,400 tCO2e/year
Scope 1 Emissions:40,310 tCO2e/year
Scope 2 Emissions:12,970 tCO2e/year
Scope 3 Emissions:725,120 tCO2e/year
Total Energy Consumption:198,150.4 MWh/year

ESG Focus Areas

  • Marketplace
  • Environment
  • Workplace
  • Community

Environmental Achievements

  • Slightly decreased emissions and energy intensity indices in Commercial Coolers; significantly reduced emission intensity index in Glass Containers due to stable electricity supply and use of LNG.
  • Successfully validated near-term, long-term, and Net-Zero science-based emissions reduction targets through SBTi in 2023.

Social Achievements

  • Investments in Health and Safety ensured optimal working conditions; improvements in processes and skill enhancement initiatives increased efficiency in Frigoserve.
  • Rebuilt Romanian commercial coolers plant, furthering close relationship with local community; workforce is locally recruited at a global rate exceeding 90%.

Governance Achievements

  • Received Platinum rating from EcoVadis for the seventh consecutive year with a record overall score of 86%; this acknowledges responsible business practices in all four ESG categories.

Climate Goals & Targets

Long-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year; reduce absolute scope 3 GHG emissions by 90% by 2050.
  • Reach Net Zero GHG emissions across its value chain by 2050.
Short-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by 48.3% by 2030 from a 2019 base year; reduce absolute scope 3 GHG emissions by 27.5% by 2030.
  • Increase annual sales share in Green Commercial Coolers to over 90% by 2025.
  • 100% renewable electricity in Romanian plant by 2025.
  • 100% ISO45001 and SA8000 certification of operational sites by 2025.

Environmental Challenges

  • Continued disruptions caused by the ongoing war in Ukraine, affecting operations in Russia and impacting the supply chain.
  • Increased energy and labor costs, particularly in Europe.
  • Power outages in Nigeria impacting Scope 1 and 2 emissions.
  • Supply chain disruptions due to the war in Ukraine and other factors.
Mitigation Strategies
  • Upgraded Operational Risk Management tool and reporting system to better assess potential risks and develop mitigation actions.
  • Securing competitive supply sourcing and continuity through working with long-term strategic partners and introducing new alternative supply sources.
  • Implementing comprehensive plans to mitigate power outages in Nigeria, including the extension of gas tank installations and the use of alternative fuels.
  • Developing alternative sourcing strategies and transportation means/routes.

Supply Chain Management

Supplier Audits: Over 60% of suppliers (representing over 90% of total annual spent) audited on-site in the past three years.

Responsible Procurement
  • Code of Business Conduct; sustainable procurement practices; supplier assessment processes; sustainability screening criteria; supplier training programs; risk analyses on key purchasing categories; focus on local suppliers (over 50% in 2023).

Climate-Related Risks & Opportunities

Physical Risks
  • Greater variability of temperature, including high temperature, leading to production downtime.
  • Increase in average temperature over longer time frames, leading to increased operation and production costs associated with cooling.
Transition Risks
  • Increasing reporting obligations imposed by regulators.
  • Participation in the EU ETS and introduction of similar schemes.
  • Changes to refrigerant regulation.
Opportunities
  • Energy efficiency opportunities at plants; development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI Standards (update 2021), UN Sustainable Development Goals (SDGs)

Certifications: ISO 14001, ISO 45001, ISO 17025 (product development labs), ISO 27001 (information security management)

Third-party Assurance: TUV Hellas (Scope 1 and 2 emissions, parts of Scope 3)

UN Sustainable Development Goals

  • 6
  • 7
  • 8
  • 9
  • 12
  • 13
  • 3
  • 4
  • 5
  • 10
  • 16
  • 17

Mapped material issues against SDGs to determine relevant goals to contribute to.

Sustainable Products & Innovation

  • ICOOL2ECO range; Max B and Plus B ranges; Hybrid and Solar models.

Awards & Recognition

  • Platinum rating from EcoVadis for seven consecutive years.