Climate Change Data

NITTO BELGIUM NV

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:20.3k tons CO2e
Renewable Energy Share:100% (purchased green electricity)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved targeted CO2 emission reduction (Scope 1+2) due to installation of a second solvent recovery system and lower production.
  • Achieved targeted waste reduction due to increased production efficiency, improved sorting, and better waste quantity control.
  • Achieved targeted VOC reduction due to encapsulation of open coaters.

Social Achievements

  • No serious work-related accidents in the last four fiscal years.
  • Provided 21,573 training hours to 512 employees (significant increase from previous year).
  • 84.56% approval rate of a Collective Labor Agreement (CAO).

Governance Achievements

  • Achieved EcoVadis Platinum certification for the second consecutive year.
  • Achieved VOKA Charter for Sustainable Entrepreneurship for the second time.
  • Obtained TISAX management certificate for information security.

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral by 2045.
Medium-term Goals:
  • 55% reduction in CO2 emissions (Scope 1+2) by 2030.
Short-term Goals:
  • 17% women in management positions in 2023, 21% by 2025, 25% by 2030.

Environmental Challenges

  • Increase in accidents resulting in lost work time.
  • Increase in short-term absence compared to the previous fiscal year.
  • Challenges in achieving global diversity targets due to economic circumstances.
Mitigation Strategies
  • Root cause analysis and corrective actions for accidents.
  • Reintroduction of presenteism conversations and continuous employee engagement efforts.
  • Locally adjusted diversity targets.

Supply Chain Management

Supplier Audits: CSR surveys with top 15 suppliers (80% of raw material purchase turnover) and expanding to top 10 technical purchase suppliers.

Responsible Procurement
  • Supplier Code of Conduct
  • Third-party certifications (EcoVadis)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, CSRD

Certifications: ISO 14001, EcoVadis Platinum, TISAX, VOKA Charter for Sustainable Entrepreneurship

UN Sustainable Development Goals

  • SDG 13 (Climate Action)

Carbon footprint analysis, carbon reduction targets, renewable energy use.

Sustainable Products & Innovation

  • Products with biobased and recycled materials (launch in 2023)