Climate Change Data

Environmental Metrics

ESG Focus Areas

• Waste Management
• Energy Efficiency
• Renewable Energy
• Circular Economy

Environmental Achievements

• Upgrading of the Sant Adrià de Besòs waste-to-energy plant to enhance energy efficiency and improve operating conditions. Increased annual electricity generation to 200,000 MWh.
• Reduction in greenhouse gas emissions through improved waste treatment processes (paper and cardboard recycling avoided 3.9 million tonnes of CO2 equivalents).
• Successful implementation of the LIFE COLRECEPS project to reduce EPS waste sent to landfill in Valladolid.
• Development and implementation of GreenE's gasification technology for energy recovery from organic waste, reducing waste volume and emissions.

Social Achievements

• Improved working conditions for crane operators at the Sant Adrià de Besòs plant.
• Job creation in the waste management and recycling sector (3,720 direct and 5,728 indirect jobs in paper and cardboard recycling alone).
• Community investment through the development of local recycling initiatives (e.g., tyre recycling in Ciudad Juárez).

Governance Achievements

• Collaboration with various stakeholders (e.g., government agencies, industry associations, research institutions) to improve waste management practices and policy.

Climate Goals & Targets

Environmental Challenges

• Low landfill costs in Spain disincentivize recycling and energy recovery.
• Negative public perception of waste-to-energy.
• Lack of institutional commitment to waste management targets.
• Illegal waste management practices and unfair competition.
• Economic recession impacting waste generation and recycling activity.

Mitigation Strategies

• Advocating for increased landfill taxes to incentivize sustainable waste management.
• Improving public communication about waste-to-energy benefits.
• Promoting collaboration among stakeholders to develop a national waste management strategy.
• Strengthening enforcement of environmental regulations to combat illegal operators.
• Investing in research and development to improve recycling technologies and processes.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced resources and waste through improved processes
• Increased renewable energy share to 66%
• Implementation of ISO 14001 Environmental Management System

Social Achievements

• 99% of contracts are permanent
• 27% increase in workforce, maintaining diversity
• 50% increase in total training hours

Governance Achievements

• Implementation of a new anti-corruption policy in 2023
• Establishment of an Ethics and Compliance Committee
• Regular review of the risk management system

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on infrastructure and costs
• Environmental damage risks
• Service quality and contractual disputes
• Regulatory changes related to resource use
• Cybersecurity threats
• Talent retention and attraction
• Safety and health risks
• Financial risks

Mitigation Strategies

• Risk identification and assessment programs
• ISO 14001 certification and annual audits
• Insurance coverage for environmental risks
• Monitoring of regulatory and legislative changes
• Regular security assessments and insurance coverage for cyber incidents
• Talent development and local market exploration
• Safety and health management systems and training
• Active risk management of financial variables

Supply Chain Management

Supplier Audits: 421 suppliers audited in 2023

Responsible Procurement

• Code of conduct for external companies

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting infrastructure

Transition Risks

• Increased costs of raw materials and regulatory changes

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Ernst & Young, S.L.

UN Sustainable Development Goals

• SDG 7
• SDG 13
• SDG 17

The company's activities contribute to these goals through renewable energy generation, emission reduction efforts, and collaborations with various organizations.

Sustainable Products & Innovation

• Refipet (chemical recycling of polyester textile fibers)
• AluCSR (gasification of CSR)