DIAM Group
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Circular Economy
- Social Inclusion
- Sustainable Purchasing
- Governance
Environmental Achievements
- Reduced total CO2 emissions by 32% from 2019 to 2022.
- Reached 93% renewable electricity consumption in 2022.
- Used over 50% recycled plastic in production in 2022.
- Improved water intensity by -5.8% from 2019 to 2022.
Social Achievements
- Increased social inclusion employees to over 8% of the workforce.
- Achieved a loss-time accident frequency rate below 5 for the first time in 2022.
- Provided 16.4 hours of average training per employee in 2022.
- 68% of DIAM's total purchasing turnover came from suppliers who signed the code of conduct in 2022.
Governance Achievements
- Implemented an anti-corruption policy and surveillance system.
- Established a whistleblowing mechanism.
- Conducted a Fair-Wage review of employees in all factories in 2022.
- Independent third-party assurance on DIAM’s CSR disclosure since 2022.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Reduce scope 1 and 2 GHG emissions by 46% by 2030.
- Reduce scope 3 GHG emissions by 46% by 2030.
- Reach 95% renewable electricity consumption by 2030.
- Use 100% certified wood by 2025.
- Use 80% recycled plastic by 2030.
- Improve water intensity by -2 m3/M€ each year.
Environmental Challenges
- Recruiting and retaining employees, especially those with craftsmanship skills.
- Sourcing sufficient recycled plastics.
- Ensuring 100% certified wood sourcing.
- Addressing physical climate risks to facilities and operations.
- Managing market risks related to climate change mitigation actions by clients.
Mitigation Strategies
- Implementing social inclusion programs.
- Investing in employee training and development.
- Developing B2D recycling service.
- Working with suppliers to improve sustainability practices.
- Developing contingency plans for climate-related events.
- Engaging in dialogue with clients to reduce air freight and improve product design.
Supply Chain Management
Supplier Audits: Number not specified, but increasing coverage.
Responsible Procurement
- DIAM Supplier Code of Conduct
- CSR risk assessments
- On-site audits of high-risk suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water scarcity
Transition Risks
- Market shifts away from carbon-intensive products
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: GRI, SBTi
Certifications: SA 8000, ISO 14001 (some sites), ISO 45001 (implied)
Third-party Assurance: Independent third-party assurance provider (name not specified)
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
DIAM's initiatives contribute to these goals through renewable energy use, eco-design, waste reduction, and climate change mitigation.
Sustainable Products & Innovation
- Energy-efficient lighting solutions
- Products designed for easy dismantling and recyclability
Awards & Recognition
- EcoVadis Gold rating
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Social Responsibility
- Governance
Environmental Achievements
- Reduced carbon footprint by more than 37% in 2023 (vs 2019)
- Reduced energy consumption by 16% compared to 2019
- Almost two-thirds of energy sourced from renewable sources (94%)
- Over 50% of plastics used are recycled in 2023
Social Achievements
- 89% of employees received at least one training in 2023
- Accident frequency rate below 5 since 2022
- Over 9% of workforce from social inclusion background
- 47% women in the company, 31% women at executive committee
Governance Achievements
- Joined Act4Nature international initiative for biodiversity
- Validated 1.5°C trajectory by SBTi
- Ecovadis Gold rating for 4 years (76/100 in 2023)
- Independent third-party assurance on CSR disclosure since 2022
Climate Goals & Targets
- Not disclosed
- Achieve 95% renewable electricity consumption by 2030
- Reduce air freight by at least 30% between 2019 and 2030
- Reduce water intensity by -2 m3/M€ each year until 2030
- Reduce scope 1 & 2 GHG emissions by 46% by 2030 from 2019 baseline
- Reduce scope 3 GHG emissions by 46% by 2030 from 2019 baseline
- Use 80% recycled plastics by 2030
- 100% certified wood sourcing by 2025
Environmental Challenges
- Supply chain disruptions due to climate events
- Maintaining absolute decrease in carbon footprint despite sales growth
- Sourcing recycled plastics
- Ensuring 100% certified wood sourcing
Mitigation Strategies
- Contingency plans for factories to handle climate events
- Continuous improvement in energy efficiency and renewable energy use
- Development of B2D recycling service
- Strengthening sustainable purchasing policy and supplier engagement
Supply Chain Management
Supplier Audits: 2111 suppliers went through CSR risk analysis in 2023, 46% of targeted suppliers had on-site audits
Responsible Procurement
- Supplier Code of Conduct
- CSR risk assessment
- On-site audits
- Contracts with environmental, labor, and human rights clauses
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Flooding
- Water scarcity
Transition Risks
- Market shifts
- Changes in raw material demand
Opportunities
- Development of energy-efficient products
- Capturing market shifts related to sustainability
Reporting Standards
Frameworks Used: GRI, SBTi, Ecovadis, CDP, Act4Nature
Certifications: SA 8000, ISO 14001, ISO 9001, FSC, PEFC
Third-party Assurance: Independent third-party assurance provider (details not specified)
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 8 (Decent Work and Economic Growth)
- SDG 15 (Life on Land)
DIAM's initiatives contribute to these goals through reduced emissions, renewable energy use, sustainable sourcing, fair wages, and biodiversity conservation.
Sustainable Products & Innovation
- Eco-designed displays
- Displays with energy-efficient lighting
Awards & Recognition
- Not disclosed