Climate Change Data

KB Components

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:50%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental responsibility
  • Social responsibility
  • Human rights
  • Financial responsibility

Environmental Achievements

  • Seven out of ten plants are certified to ISO 14001:2015. Remaining plants will be certified within two years.
  • No breaches of environmental legislation were registered in 2022.
  • All energy bought in Sweden, Lithuania, Slovakia & Mexico is CO2 free. Renewable sources represent approx 50% of the total purchase.
  • Solar panel installations in Örkelljunga Sweden, Zilina Slovakia, Wuxi China & Puebla Mexico.
  • Örkelljunga Sweden solar energy production was 560,000 kWh.

Social Achievements

  • All plants are fully compliant with KB-Star principles and the Code of Conduct.
  • 16 lost time incidents (LWCs) in 2022, same as previous year.
  • Regular training provided in various areas (first aid, chemical health risks, etc.).
  • Initiatives to support employees with disabilities.
  • Developed an employee survey to measure motivation and social health more frequently.

Governance Achievements

  • KBC’s Code of Conduct applies to all employees and Group company management teams.
  • Monitoring of costs, expenditure and revenues on an ongoing basis.
  • Compliance with UN Global Compact 10 principles.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase the amount of renewable energy by 5%/year
Short-term Goals:
  • 5% improvement in energy consumption vs. previous year
  • 5% improvement in waste reduction vs. previous year

Environmental Challenges

  • Reducing energy consumption and waste generation.
  • Increasing the amount of renewable energy.
  • Accurately collecting and calculating CO2 impact (Scope 1, 2, and 3).
Mitigation Strategies
  • Actions to reduce energy consumption (ventilation, process water, heating/cooling, etc.).
  • Waste reduction actions (sorting, scrap reduction programs, grinder utilization).
  • Collaboration with RISE and fkg for CO2 calculation tools.
  • Partnership with Polymercentrum Sweden for life cycle analyses.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct applies to suppliers.
  • Risk-based model for selecting suppliers for review.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ISO 14001, ISO 45001, UN Global Compact

Certifications: ISO 9001, IATF 16949, ISO 14001, ISO 13485

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed