Cortina
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Products
- People
- Planet
- Governance
Environmental Achievements
- Installed solar panels covering the majority of electricity consumption in Belgian sites and the sample plant in China. Since July 1st, all remaining grid electricity used in our Belgian sites and our sample plant in China comes from renewable production.
- Reduced the average sustainability score by 25% by 2035 (target)
Social Achievements
- Actively involved in supporting charity projects, including collaborations with Te Gek, Herstelacademie, Lezerscollectief, Centrum voor Kansarmen, Goods to Give, and YouthStart.
- Distributed 14,344 products through 111 poverty organisations in 2023.
- Offers free hot meals, accommodations, and shuttle bus services to Chinese employees.
Governance Achievements
- Partnered with Sustenuto BV to develop a sustainability strategy.
- Member of EcoVadis and aiming for Gold certificate.
- Will initiate the process to achieve the Great Place To Work certificate in 2025.
Climate Goals & Targets
Long-term Goals:
- Carbon-neutral operations by 2030 (Scope 1 and 2).
Medium-term Goals:
- Reduce the average carbon footprint of materials used by 30% by 2035.
- Reduce the average sustainability score by 25% by 2035.
- Have all Tier 1 and nominated Tier 2 suppliers third-party audited by 2030.
Short-term Goals:
- Achieve Great Place To Work certification in 2025.
Environmental Challenges
- Majority of greenhouse gas emissions (GHG) occur outside of direct control (Scope 3 emissions).
- Data collection for full carbon footprint calculation.
- Social risks in Asian supply chains (labor rights, income distribution).
Mitigation Strategies
- Partnered with Climact for carbon footprint mapping and decarbonisation.
- Integrating carbon footprint calculations into BOM software.
- Focusing on third-party compliance systems (BSCI, SMETA, OEKO-TEX) for supply chain social compliance.
- Guiding suppliers to join third-party audit systems instead of terminating relationships.
Supply Chain Management
Supplier Audits: Aiming for 100% third-party audit coverage for Tier 1 and nominated Tier 2 suppliers by 2030.
Responsible Procurement
- Using third-party compliance systems (BSCI, SMETA, OEKO-TEX).
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Reporting Standards
Frameworks Used: Great Place To Work Trust Model, UN Sustainable Development Goals, Product Environmental Footprint (PEF)
Certifications: EcoVadis (aiming for Gold)
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 1: No Poverty
- Goal 4: Quality Education
Supporting various charities focused on mental health, poverty reduction, and quality education.