Climate Change Data

Sto SE & Co. KGaA

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:75,263.1 tCO2e (2022)
Scope 1 Emissions:31,939.9 tCO2e (2022)
Scope 2 Emissions:2,407.1 tCO2e (2022)
Scope 3 Emissions:40,946.2 tCO2e (2022)
Renewable Energy Share:16% (2023)
Total Energy Consumption:206 million kWh (2023)
Water Consumption:335,741 m³ (2022)
Waste Generated:12,342 tons (2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate protection
  • Environmental protection
  • Circular economy
  • Health and well-being
  • Transparency and social responsibility
  • Employees

Environmental Achievements

  • Since 1965, Sto insulation systems have been installed on around 730 million square meters of buildings worldwide, potentially saving 137.5 billion liters of heating oil (equates to around 550 oil tankers with a capacity of 250 million liters of oil) up to and including 2023.
  • In 2023, 19 of 32 production facilities were ISO 14001 certified.
  • 67% of Sto SE & Co. KGaA’s direct procurement volume came from ISO 14001 or EMAS-certified suppliers in 2023.

Social Achievements

  • Launched StoClimate Ambassador initiative in Austria.
  • Launched Sto Climate Partner concept in Germany.
  • Implemented a company-wide risk management system.
  • Expanded offers for health protection for employees.

Governance Achievements

  • Implemented a reporting system for compliance infringements.
  • Updated Supplier Code of Conduct.
  • Defined and refined a Group-wide value competence model.

Climate Goals & Targets

Long-term Goals:
  • By 2030: no Sto packaging materials, or product and construction-site residues will be disposed of in landfill; climate-neutral production across the entire Group by 2040.
Medium-term Goals:
  • By 2025: recycling at least 70% of product and construction-site waste; extending the official useful life of EWIS to over 50 years; testing the recyclability of all Sto products and packaging; making at least 20% of our products and one EWIS certified recyclable; identifying possible uses of recycled materials in all product groups and, if technically and economically feasible, implementing the use of recycled materials in products.
Short-term Goals:
  • By 2025: all production facilities worldwide will be ISO 14001-certified; reduce critical hazardous materials and harmful substances in products by 5% annually; reduce waste from production facilities by 5% annually; optimize water management; increase biodiversity protection; at least 50% of direct suppliers will be ISO 14001 or EMAS-certified.

Environmental Challenges

  • Collecting and evaluating non-financial key figures promptly.
  • Lack of harmonisation of life cycle assessment databases.
  • Lack of recognition of association EPDs in individual EU member states.
  • Increasing regulatory density and growing business organization.
Mitigation Strategies
  • Introduced a new software solution for data management.
  • Moving towards creating specific EPDs for products.
  • Implemented a learning compliance management system (CMS).
  • Conducted a maturity analysis to prepare for the Act on Corporate Due Diligence Obligations in Supply Chains.

Supply Chain Management

Supplier Audits: Around 2,700 suppliers in the risk assessment system as at the end of 2022.

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather
  • Flooding
  • Water shortages
Transition Risks
  • Regulatory changes
Opportunities
  • Energy-efficient refurbishment of buildings

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: ISO 9001, ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 11 (Sustainable cities and communities)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)
  • Goal 8 (Decent work and economic growth)

Sto's initiatives contribute to these goals through energy efficiency, resource conservation, waste reduction, sustainable product development, climate change mitigation, and responsible business practices.

Sustainable Products & Innovation

  • Sto AimS® products (30% binder from pine oil)
  • EPS insulation boards made using renewable raw materials
  • StoFix Circonic plus (improved separability of EWIS components)

Awards & Recognition

  • Sustainability Leader 2022 (Italy)
  • Highest Reputation – Company Reputation (F.A.Z. Institute)
  • Company of the Year (Focus)
  • 'Great Place to Work' (Austria)