Climate Change Data

NUEVA EXPRESIÓN TEXTIL, S.A.

Climate Impact & Sustainability Data (2019, 2020, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:4,374.57 t CO2eq (Scope 1+2 combined for Portugal and USA; data unavailable for Masnou)
Scope 1 Emissions:4,101.79 t CO2 (Masnou data unavailable)
Scope 2 Emissions:272.78 t CO2eq (Masnou data unavailable)
Total Energy Consumption:5,514,283 Kwh (data for Masnou, Portugal, and USA combined)
Water Consumption:162,254 m³ (data for Masnou, Portugal, and USA combined)
Waste Generated:261.44 tons (data for Masnou, Portugal; data unavailable for USA)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Developed Greendyes solution, reducing water, energy, and chemical consumption.
  • Implemented water and energy reduction projects in Spain.
  • Obtained STEP, ZDHC, and GOTS certifications in Portuguese companies.

Social Achievements

  • Improved working conditions throughout the supply chain.
  • Implemented programs for employee well-being and work-life balance.
  • Promoted equal opportunities and diversity.

Governance Achievements

  • Implemented a corporate compliance program (planned for 2020 completion).
  • Established a code of ethics.
  • Created a risk map for penal risks.

Climate Goals & Targets

Environmental Challenges

  • Limited data availability due to ongoing internal control system implementation.
  • Impact of COVID-19 on economic activity and financial results.
Mitigation Strategies
  • Ongoing implementation of a comprehensive internal control system.
  • Monitoring and adapting to the evolving situation related to COVID-19.

Supply Chain Management

Responsible Procurement
  • Code of conduct
  • Supplier sustainability requirements
  • Social audits (e.g., by Inditex)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: GOTS, GRS, OEKO-TEX Standard 100, ZDHC MRSL, STEP by OEKO-TEX®, OCS 2.0, RCS 2.0, SEAQUAL

Third-party Assurance: GABINETE AUDIWORK, S.L.

Sustainable Products & Innovation

  • Greendyes technology

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Human and Labour Rights
  • Non-discrimination and Equality
  • Safety and Health at Work
  • Environmental Protection
  • Social Responsibility
  • Information Security
  • Integrity
  • Professionalism
  • Sustainability
  • Legal and Regulatory Compliance

Social Achievements

  • Commitment to respect and protect human and labour rights, aligned with UN Global Compact, OECD Guidelines, and ILO Social Policy.
  • Promotion of non-discrimination and equal opportunities.
  • Commitment to initiatives promoting work-life balance.
  • Objective and rigorous staff selection program based on qualifications.
  • Provision of training programs for employee development.
  • Promotion of safe and hygienic working conditions.

Governance Achievements

  • Establishment of a Code of Ethics and Conduct.
  • Creation of a Whistleblowing Channel.
  • Implementation of a disciplinary regime for breaches of the Code of Ethics.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Supplier selection guided by objectivity and transparency, aiming for ethical and responsible suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, OECD Guidelines, ILO Social Policy

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2029.90 tCO2e/year
Scope 1 Emissions:192.85 tCO2e/year
Scope 2 Emissions:1837.05 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:56% (Portugal), 10% (Group total)
Total Energy Consumption:2089.66 tep/year
Water Consumption:2696 m3/year
Waste Generated:113.62 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Maintained most environmental certifications.
  • Implemented measures to reduce environmental footprint.
  • Installed photovoltaic system in Portugal facilities (45,428 kWh).

Social Achievements

  • 97% of employees had permanent contracts.
  • Implemented measures to improve workplace safety and health.
  • Reduced workplace accident rate.

Governance Achievements

  • Established an ESG Committee.
  • Implemented a new policy of remuneration for councilors.
  • Working towards Penal Compliance Management System certification under UNE19601:2017.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase sustainability of raw materials.
  • Develop an energy transition plan.
  • Become a leader in sustainable dyeing processes.
  • Implement a Penal Compliance Management System.
Short-term Goals:
  • Calculate Scope 3 emissions.
  • Implement ISO 45001:2018 certification in all production centers.
  • Reduce workplace accidents.
  • Develop a decarbonization plan for Scope 1 and 2.

Environmental Challenges

  • Significant losses in previous years.
  • Company restructuring and staff turnover.
  • Geopolitical uncertainties and supply chain disruptions.
  • Climate change impacts.
  • Changes in market demands.
  • Difficulty in attracting and retaining talent.
  • Fluctuations in raw material prices.
  • Changes in national and international legislation.
Mitigation Strategies
  • Resource allocation to value-generating activities.
  • Focus on weaving in Guatemala, garment production in Portugal (luxury sector).
  • Development and commercialization of Greendyes.
  • Implementation of sustainable manufacturing practices.
  • Investment in communication and marketing strategies.
  • Improved employer branding to attract and retain talent.
  • Cost reduction policies.
  • Legal department training on regulatory changes.
  • Development of alternative sourcing strategies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritization of ethical and responsible suppliers.
  • Integration of environmental, ethical, and social criteria in supplier evaluation (Portugal).

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001:2015, ISO 9001:2015, ISO 45001:2018, Global Recycled Standard (GRS), SteP by OEKO-TEX®, GLOBAL ORGANIC STANDARD (GOTS), STANDARD 100 by OEKO-TEX®

Third-party Assurance: GABINETE AUDIWORK, S.L.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Greendyes (natural-based dyeing solution)

Awards & Recognition

  • Not disclosed