Climate Change Data

Walden Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Social
  • Environmental
  • Governance

Environmental Achievements

  • 33% of sites are ISO 14001 certified (goal to certify all sites by 2025)
  • Multiple BUs received silver medal from EcoVadis
  • Investment in forests/carbon sequestration technology
  • Increase in use of green energy by 50% compared to 2023
  • Fewer than 50% of vehicles run only on diesel
  • Installation of solar panels at multiple sites (aiming for 11 additional sites by 2025)
  • 60% savings on cooling and 40% savings on heating in Numancia site compared to conventional warehouse

Social Achievements

  • Launched Walden Cares CSR program (initially focused on children, shifting to sustainability in 2024)
  • Over 147,000 euros raised for charities in 2021-2022
  • 38% of positions held by women (ahead of the 23% average in the European logistics sector)
  • 6.4% voluntary turnover rate
  • 40,000+ hours of formal training per year
  • Implemented Speak Up whistleblowing hotline
  • Pulse Survey conducted with 39% employee participation

Governance Achievements

  • ESG clause included in main bank credit agreement
  • Implemented a comprehensive environmental management system
  • Implemented a robust risk and compliance management platform (Navex Global)
  • Implemented a digital learning solutions platform (Netopen) for personalized training
  • Implemented MyTPI Freight Management System for client access to key information

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2040
Medium-term Goals:
  • Achieve net zero emissions by 2040
Short-term Goals:
  • Certify all sites with ISO 14001 by 2025
  • Achieve silver medal from EcoVadis for all BUs
  • Increase green energy usage by 50% compared to 2023 by 2028
  • Complete installation at 11 additional sites with solar panels by 2025

Environmental Challenges

  • Climate change and its impact on operations (intense weather events, resource conflicts, regulations)
  • High carbon emissions from transport sector
  • Balancing short delivery times with sustainable transport options (air freight)
  • Managing waste and recycling across various sites
  • Ensuring supplier adherence to environmental and social standards
Mitigation Strategies
  • Optimising transport plans (route optimisation, dual-temperature vehicles, flexible deliveries)
  • Investing in sustainable fuels (bioCNG, HVO)
  • Fleet electrification
  • Installing solar panels and improving energy efficiency in facilities
  • Implementing 5-stream waste sorting
  • Conducting supplier audits and implementing a Responsible Purchasing Policy
  • Investing in carbon capture methods (micro-forests, forest maintenance, new technologies)

Supply Chain Management

Responsible Procurement
  • Walden Responsible Purchasing Policy
  • Supplier & Subcontractor Code of Conduct
  • Supplier Relationship Charter

Climate-Related Risks & Opportunities

Physical Risks
  • Intense weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: ISO 26000, UN Global Compact, ISO 9001:2015, ISO 14001, ISO 14064, GRI, EcoVadis

Certifications: ISO 14001, ISO 9001:2015