Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Supply Chain

Environmental Achievements

• Obtained Cradle to Cradle certification in the silver category for its natural grey and natural wood acoustic panels.
• 95% of energy consumption for heating production comes from CO2-neutral wood waste and bark.

Social Achievements

• Installed a thickness planer with a cabin, reducing noise levels by 15%.
• Offered company-paid health insurance to all employees.
• Annual absence due to illness kept below 2.82%.

Governance Achievements

• Formulated three strategic objectives: Vision: Trendsetter in intelligent acoustic solutions; Mission: Creator and provider of innovative acoustic solutions; Guiding principle: Sustainable indoor climate.
• Affiliated with the UN Global Compact.

Climate Goals & Targets

Environmental Challenges

• Demand for PEFC-certified wood exceeded supply, causing a temporary drop in the percentage of PEFC-certified wood used.
• Less surplus heat available than initially anticipated for sale to Troldhede CHP plant.

Mitigation Strategies

• Meeting with timber suppliers resulted in commitments to increase PEFC-certified wood supply.
• Further financial calculations are being conducted by consulting engineers to assess the viability of supplying surplus heat to the CHP plant.

Supply Chain Management

Supplier Audits: 81% of suppliers signed Code of Conduct by 31 December 2011.

Responsible Procurement

• Code of Conduct for suppliers focusing on labor standards, environmental protection, and anti-corruption.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, Cradle to Cradle

Certifications: CE-labelling (EN 13964, EN 13168), Danish Indoor Climate Labelling, M1-labelled (Finnish indoor climate labelling), Cradle to Cradle (Silver)

Sustainable Products & Innovation

• Acoustic panels made from wood and cement.

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Human Rights
• Labor Rights

Environmental Achievements

• Reduced paint waste by more than 70%
• 100% renewable energy for electricity consumption (wind power)
• No wastewater discharge from production
• Reduced waste suitable for incineration by 13%

Social Achievements

• Number of lost-time injuries fell from eight in 2016 to four in 2017
• Established a take-back scheme for collecting Troldtekt cut-offs and waste from building sites in Denmark
• Improved working environment with new robots and minimized noise and dust levels
• Sponsored a new acoustic ceiling for Faster Seniors Club

Governance Achievements

• Implemented anti-corruption training for all employees
• Developed and implemented a Code of Conduct for suppliers

Climate Goals & Targets

Environmental Challenges

• Increased production volume resulted in an increase in greenhouse gas emissions
• Increased production volume resulted in an increase in SOx emissions
• Increased production volume resulted in an increase in emissions of ozone-depleting substances

Mitigation Strategies

• Investing in greener and more efficient production
• Focusing on preventative efforts to reduce industrial injuries
• Developing and implementing new guidelines for anti-corruption
• Analyzing and sorting production waste into fractions for reuse

Supply Chain Management

Supplier Audits: 27 main product-related suppliers have signed Troldtekt’s Code of Conduct; approx. 90% of product-related purchases from suppliers who have signed the Code of Conduct

Responsible Procurement

• Code of Conduct based on general principles contained in international conventions

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G4

Certifications: Cradle to Cradle Certified (Silver), FSC® 100%

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 12: Responsible Consumption and Production
• SDG 15: Life on Land

Using renewable raw materials, focusing on sustainable production, and contributing to more sustainable building practices

Sustainable Products & Innovation

• Troldtekt acoustic panels

Awards & Recognition

• Danish indoor climate label Indeklimamærket
• Finnish quality label M1
• Allergy Friendly UK

Environmental Metrics

ESG Focus Areas

• Responsible consumption and production
• Life on land
• Good health and well-being
• Partnerships for action

Environmental Achievements

• Reduced energy consumption per produced square metre of acoustic panel from 25.47 MJ in 2018 to 21.95 MJ in 2019 (13.8% reduction), a total reduction of 20.9% over two years.

Social Achievements

• New knowledge about healthy construction provided by Rambøll, supporting WELL certification, Nordic Swan Ecolabel, DGNB, LEED and BREEAM certifications. Participation in the C2C LAB in Berlin.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of FSC and PEFC certified wood

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Cradle to Cradle

Certifications: FSC®C115450, PEFC™

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 12
• SDG 15
• SDG 17

The report details how Troldtekt's initiatives contribute to these goals.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• German ICONIC Awards 2019
• German Design Award 2020

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Energy Efficiency
• Circular Economy
• Sustainable Supply Chain

Environmental Achievements

• Reduced energy consumption per square meter produced by 28.6% since 2017
• 97.7% of energy consumption from renewable sources in 2020
• 3,347 tonnes of dust returned to Aalborg Portland for use in cement production

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions related to cement production from external suppliers

Mitigation Strategies

• Dialogue with Aalborg Portland to reduce their emissions

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: FSC® (FSC®C115450), PEFC™

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• DI Prize 2020

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon footprint of acoustic panels by 26% using FUTURECEM cement and renewable energy.
• Achieved 97.8% renewable energy use in its factory.
• Switched to a new paint recipe resulting in Platinum Cradle to Cradle certification for material health.

Social Achievements

• Financial contribution to Troldhede's new activity area and sports hall.
• Introduced clear plastic foil packaging for easier recycling.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Logistics challenges associated with recycling Troldtekt panels from demolition waste.

Mitigation Strategies

• Projects underway to overcome logistics challenges related to recycling.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of FUTURECEM cement

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Cradle to Cradle

Certifications: Cradle to Cradle Gold

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Acoustic panels based on FUTURECEM
• New paint recipe

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Human rights
• Labour rights
• Environment
• Anti-corruption

Environmental Achievements

• 97.7% renewable energy in production (Scope 1 and 2)
• Launched acoustic panels based on FUTURECEM cement, reducing carbon footprint by 26-38% compared to traditional cement.
• Achieved Cradle to Cradle Gold certification.
• Pilot project testing waste heat recovery from drying ovens showing significant energy reduction potential.

Social Achievements

• Upskilling course for 50 employees to handle smaller electrical tasks.
• Financial contribution to SignTube project for sign language videos.
• Three-year funding for Troldhede culture and sports centre.
• Partnership with Solar Decathlon Europe.

Governance Achievements

• Appointment of a new Quality & Compliance Manager.
• Participation in international committees (e.g., Cradle to Cradle Products Innovation Institute’s Standards Steering Committee).
• Zero tolerance policy towards corruption.

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions (primarily from cement supplier)
• Establishing effective take-back schemes for used acoustic panels.
• Ensuring decent conditions and respect for human rights at suppliers.

Mitigation Strategies

• Collaboration with Aalborg Portland to reduce cement emissions (Aalborg Portland aims for 73% reduction by 2030).
• Investigating various models for return schemes for used panels.
• Updated Code of Conduct for suppliers, including new supplier audit procedures.
• Increased focus on non-discrimination and safety for suppliers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Code of Conduct for suppliers
• Use of certified wood from responsible forestry

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: EU’s forthcoming sustainability reporting standards (ESRS), UN Global Compact

Certifications: Cradle to Cradle Gold, PEFC™, FSC®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 12
• SDG 15
• SDG 17

Contribution to healthy indoor climate, responsible production, life on land, and partnerships for the goals.

Sustainable Products & Innovation

• Acoustic panels based on FUTURECEM cement

Awards & Recognition

• HRH Crown Prince Frederik International Business Award (Troldtekt GmbH)
• German Sustainability Award 2023

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions per unit produced by 6.9% since 2020 and by 4.3% compared to 2022.
• Increased the amount of low-carbon cement FUTURECEM by 111% compared to the previous year.
• Achieved a 30% reduction in energy consumption in selected sections of the drying oven through waste heat recovery.
• Maintained Cradle to Cradle Certified Gold level despite stricter requirements in version 4.0.

Social Achievements

• Established two new functions: Health & Safety Coordinator and Head of People & Development.
• Implemented a new Code of Conduct.
• Supported local community initiatives (Troldhede sports centre, Videbæk Shooting Club, Byggefestival).

Governance Achievements

• Initiated work towards ISO 9001 (quality management) and ISO 45001 (occupational health and safety management) certifications.
• Implemented Kingspan’s global compliance programme and internal audit system.
• Implemented a new Supplier policy.

Climate Goals & Targets

Environmental Challenges

• 18 occupational accidents in 2023 (9 resulting in absence).
• Temporary fall in renewable energy share to 94.5% due to bioboiler maintenance.
• High energy consumption in the drying process.

Mitigation Strategies

• Appointed a Health & Safety Coordinator and implemented several safety initiatives (training, risk assessments, campaigns).
• Installed a new electrostatic filter in the bio-boiler.
• Implemented a pilot project for waste heat recovery in the drying process, aiming for wider implementation.
• Developing an Energy Management System for better energy consumption overview.

Supply Chain Management

Responsible Procurement

• Supplier policy implemented in 2023 covering business integrity, ethical employment practices, anti-bribery, and environmental responsibility.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: UN Global Compact, ESRS (European Sustainability Reporting Standards)

Certifications: Cradle to Cradle Certified® (Gold), PEFC™, FSC®

UN Sustainable Development Goals

• SDG 3
• SDG 12
• SDG 15
• SDG 17

Contribution to health and well-being, responsible consumption and production, life on land, and partnerships for action.

Sustainable Products & Innovation

• Troldtekt tiles T24 (FUTURECEM variant)

Awards & Recognition

• German Design Award 2024