Climate Change Data

Heinzel Holding GmbH

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4,635,928 tCO2e
Scope 1 Emissions:171,360 tCO2e
Scope 2 Emissions:331,611 tCO2e
Scope 3 Emissions:3,574,085 tCO2e
Renewable Energy Share:58.8%
Total Energy Consumption:4,666.28 MWh
Water Consumption:32.30 million m³ (total withdrawals)
Waste Generated:251,255 tons
Carbon Intensity:1.85 tCO2e/EURK (2023)

ESG Focus Areas

  • Climate Change
  • Renewable Energy
  • Responsible Water Use
  • Biodiversity
  • Sustainable and Circular Products
  • Social Engagement
  • Fair Business Practices
  • Good Employer

Environmental Achievements

  • Reduced Scope 1 GHG emissions by 6.7% to 171,360 metric tons of CO2e in 2023.
  • Reduced Scope 2 GHG emissions by 5.7% to 331,611 metric tons of CO2e in 2023.
  • Maintained GHG intensity at 0.32 metric tons of CO2e per metric ton of product manufactured.
  • Reduced biogenic CO2e emissions from biomass by 3.2% to 1,030,325 metric tons of CO2e in 2022.
  • Increased renewable energy share to 58.8% of total energy consumption.

Social Achievements

  • Invested an additional 111 Euro in training per employee compared to 2021.
  • 46.1% of workforce participated in regular staff appraisals and career development meetings in 2023.

Governance Achievements

  • Redefined remuneration policy for board members and general managers to link it more closely to sustainability goals.
  • Evaluated sustainability and climate risks based on TCFD recommendations for the first time in 2023.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 78% renewable energy by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Water scarcity related to climate change.
  • Extreme weather events causing damage to infrastructure and machinery.
  • Rising sea levels endangering the Estonian site.
  • Rising CO2 prices increasing operating costs.
  • Risk of declining sales due to environmental concerns.
  • Potential risk of damage to reputation.
  • Competition for biomass resources.
  • Dependence on reliable suppliers.
  • Workforce-related risks (occupational accidents, skilled labor shortage).
Mitigation Strategies
  • Diversifying business operations.
  • Implementing a decarbonization plan (requires significant investment).
  • Improving energy efficiency.
  • Preparing for upcoming regulations (CSRD, CSDDD, PPWR, EUDR).
  • Integrating evaluated sustainability risks into the Group’s risk management.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Use of certified raw materials (FSC®, PEFC, EUTR)

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity
  • Extreme weather events
  • Rising sea levels
Transition Risks
  • Rising CO2 prices
  • Changes in legislation
  • Market preferences
  • Declining sales due to environmental concerns
Opportunities
  • Higher CO2 prices accelerating the break-even of decarbonization projects

Reporting Standards

Frameworks Used: TCFD, ESRS

Certifications: FSC®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed