Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health and safety of workers
• Worker training
• Community support
• Design of innovative, socially and environmentally friendly products
• Responsible sourcing of raw materials and packaging
• Reduction of environmental impact of production plants

Environmental Achievements

• Avoided 6.638 tons CO2 eq/year in Agrate and Dovera plants (equal to 350,000 trees)
• 100% renewable electricity in Agrate and Dovera plants
• 50% of hazardous waste sent for recycling and recovery
• 77% of non-hazardous waste sent for recycling and recovery
• 69% of RSPO certified raw materials in 2019
• 100% of Indian mica suppliers were RMI certified members in 2019
• 424t CO2/year avoided in Dovera plant due to trigeneration and solar panels
• ~60% solar energy use in USA West Nyack plant

Social Achievements

• Launched solidarity recruitment programs, hiring asylum seekers, returning veterans, and refugees
• Supported SWIM project and Magica Cleme Onlus
• Contributed to the construction of a day care center near Agrate site
• 51,184 hours of training provided (14 hours per person)
• 68% of employees receiving regular performance reviews
• Welfare plan enhancing work-life balance

Governance Achievements

• Established Sustainability Global Steering Committee in 2018
• Adopted Corporate Policy for Sustainable Sourcing in January 2018
• 22% of new suppliers qualified according to social and environmental criteria in 2019
• Adopted Corporate Policy for Animal Testing in 2017

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions
• Waste management
• Responsible sourcing of raw materials

Mitigation Strategies

• Improving industrial processes to reduce energy and water consumption
• Promoting renewable energy sources
• Efficient waste management, maximizing recycling and recovery
• Joining RSPO and RMI initiatives
• Supplier audits and qualification based on social and environmental criteria

Supply Chain Management

Supplier Audits: 22% of new suppliers qualified in 2019

Responsible Procurement

• Corporate Policy for Sustainable Sourcing
• Supplier adherence to SA8000, ISO 14001, and ISO 45001 principles

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 14 (Life Below Water)

Support for One Ocean Foundation

Sustainable Products & Innovation

• Clean Collection

Awards & Recognition

• LinkedIn Talent Awards 2018 - Best Employer Brand in Italy

Environmental Metrics

ESG Focus Areas

• Health and safety of workers
• Worker training
• Supporting communities
• Design of innovative, socially and environmentally qualified products
• Responsible sourcing of raw materials and packaging
• Mitigation of environmental impact of production plants

Environmental Achievements

• Maintained ISO 14001:2015 certification at several production sites
• Installed trigeneration system at Dovera site with photovoltaic panels
• Cosmint installed a cogeneration system and a photovoltaic system
• Agrate headquarters partially renovated with sustainability principles, reducing energy consumption
• Improved energy efficiency in US and China plants
• Avoided 5,240 tCO2 emissions through various initiatives

Social Achievements

• Launched Welcome Days for new employees
• Offered internal mobility paths for employees
• Collaborated with schools and universities to attract talent
• Implemented “Future Leader” program for future managers
• Adopted a Welfare Plan in Italy and China
• Awarded by UNHCR for “Without Borders” refugee integration project (though on standby in 2020)

Governance Achievements

• Formalized Sustainability Policy and Strategic Sustainability Plan
• Established Sustainability Global Steering Committee
• Updated stakeholder map and materiality analysis
• Achieved 72/100 score from EcoVadis (Gold Medal, top 2% in sector)
• Achieved B score from CDP Climate Change Questionnaire
• Achieved B- score from CDP Forests Questionnaire (first participation)
• Implemented Internal Audit and Risk Management function
• Issued Risk Management Policy (Q2 2021) covering ESG risks

Climate Goals & Targets

Environmental Challenges

• Risks related to raw material sourcing (palm oil deforestation, hazardous substances)
• Risks related to waste management
• Risks related to climate change emissions and air pollutant emissions
• Risks related to water discharges
• Risks related to employee health and safety
• Risks related to human rights non-compliance
• Difficulty attracting qualified resources
• Risks related to materials/ingredients management
• Risks related to corruption

Mitigation Strategies

• Adhesion to RSPO and RMI
• Adoption of environmental management systems (ISO 14001:2015)
• Development of energy efficiency projects
• Implementation of behavior-based safety approach
• Adhesion to Sedex SMETA network and SA8000 management system
• Collaboration with schools and universities, welfare programs
• Compliance with regulations, blacklists, and internal procedures
• Adoption of Organizational Model (Legislative Decree 231/2001) and Guidelines

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Corporate Policy for Sustainable Procurement
• SA8000, ISO 14001, ISO 45001 criteria for supplier qualification
• Codes of Ethics and Conduct for suppliers
• Checklists and audits for Chinese suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001:2015, ISO 9001, ISO 22716, ISO 45001 (Cosmint, Interfila Cosmetics), SA 8000 (Interfila Cosmetics, Intercos Technology, Intercos Cosmetics)

Third-party Assurance: EY S.p.A. (limited assurance)

UN Sustainable Development Goals

• No Poverty
• Good Health and Well-being
• Decent Work and Economic Growth
• Responsible Consumption and Production
• Climate Action
• Life on Land

Intercos' initiatives contribute to these SDGs through various actions described in the report

Sustainable Products & Innovation

• Clean Collection
• Products using coffee silverskin and upcycled ingredients

Awards & Recognition

• EcoVadis Gold Medal
• UNHCR “Welcome. Working for refugees integration” award

Environmental Metrics

ESG Focus Areas

• Human Rights
• Workplace Ethics
• Environmental Responsibility
• Community Relations
• Compliance

Environmental Achievements

• Optimizing energy and water consumption
• Promoting renewable energy sources
• Implementing waste reduction and recycling practices

Social Achievements

• Established a Diversity, Equity, and Inclusion (DEI) Program
• Ensuring a safe and healthy work environment
• Commitment to living wage for all collaborators

Governance Achievements

• Implementation of a Code of Conduct
• Establishment of a reporting channel for violations
• Compliance with legal and ethical standards

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact of operations
• Ensuring ethical conduct throughout the value chain
• Maintaining compliance with evolving regulations

Mitigation Strategies

• Proactive resource management
• Implementation of a Code of Conduct and reporting mechanisms
• Continuous training and awareness programs

Supply Chain Management

Responsible Procurement

• Sustainable procurement policies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Guiding Principles on Business and Human Rights, OECD Guidelines for Multinational Enterprises, UN Global Compact, ILO Conventions