Öhlins Racing AB
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Scope 3 Emissions:343 tCO2e (estimated from business travel)
Renewable Energy Share:100% (Sweden)
Total Energy Consumption:10234 MWh (2022), 11705 MWh (2023)
Water Consumption:1350 m3 (Sweden), 3161 m3 (Thailand), 95 m3 (Germany), 74 m3 (USA), 0 m3 (Taiwan)
Waste Generated:3084 kg (Sweden), 1174 kg (Thailand), 1376 kg (Germany), 3724 kg (USA), 556 kg (Taiwan)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced Scope 2 emissions
- Increased green electricity usage at Sweden site to 100%
- Initiated ISO 14001:2015 certification for Upplands Väsby facility
- Reduced food waste through initiative at Upplands Väsby restaurant
- Reduced business travel emissions by 26% compared to 2019
Social Achievements
- 20% of global team members are women
- 84% reduction in recordable accidents compared to 2022
- 75% of high-spend suppliers are ISO 14001 certified
- Zero incidents at 3/5 facilities (USA, Thailand, Taiwan)
Governance Achievements
- Revised supplier assessment framework to include stronger sustainability parameters
- Implemented a Whistleblower Policy
- No cases of bribery and corruption identified in 2023
- No human rights violations reported at any suppliers or by employees in 2023
Climate Goals & Targets
Medium-term Goals:
- Reduce food waste from restaurants
- Reduce packaging waste from facility
- Reduce hazardous waste
- Reduce scrap from manufacturing
- Increase number of environmentally approved suppliers
Short-term Goals:
- ISO 14001:2015 certification for Upplands Väsby site (early 2024)
- Implementation plan for ISO 14001 for Öhlins Thailand site
Environmental Challenges
- Increased energy consumption in Thailand due to expansion and construction
- Management of hazardous chemicals used in production
- Greenhouse gas emissions from transport
- Improper waste handling by contractors
- Lower female representation in management
Mitigation Strategies
- Implementing energy efficiency improvements (separate ventilation, LED lights, etc.)
- Using Chemgroup application for risk assessment of chemicals and finding greener alternatives
- Utilizing ISO 14001 certified freight forwarders
- Engaging with ISO 9001 and ISO 14001 certified recycling companies
- Management support for gender diversity and inclusion
Supply Chain Management
Supplier Audits: Risk-based prioritization, mostly internal audits
Responsible Procurement
- Supplier Code of Conduct
- Tenneco Supplier requirements Manual
- IMDS reporting
- ISO 14001 and IATF 16949 certifications