Viking Malt Group
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:51,876 tCO2e/year (Scope 1+2, Market Based)
Scope 1 Emissions:21,697 tCO2e/year
Scope 2 Emissions:30,179 tCO2e/year
Renewable Energy Share:72.6% (electricity), 52.5% (heat)
Water Consumption:2,9 m3/ton malt
Waste Generated:70 tons/year (landfill)
Carbon Intensity:38.0 kg CO2e/ton malt (Scope 1, Market Based)
ESG Focus Areas
- Sustainability
- Food safety & product quality
- Supply chain sustainability
- Work safety
- Ethical standards
- Biodiversity
- Human rights
Environmental Achievements
- Reached EcoVadis Platinum medal (top 1% of companies evaluated)
- Reduced water consumption to a maximum of 2.9 m³/ton malt
- Reduced solid waste to landfill by 72% from 2018 base year (exceeding 2025 goal)
- 52.5% fossil-free fuel share for heat production
- 72.6% renewable energy share for electricity
Social Achievements
- Employee engagement and wellbeing score in the top 25% of the manufacturing industry benchmark
- High representation of women in management (38% of all employees, 49% of managers, 43% of Group Management Team)
- Customer satisfaction rating of 8 out of 10
- Launched Sprau®, a germinated faba bean product, contributing to sustainable and healthy eating habits
Governance Achievements
- Completed implementation of new ERP system across all six sites
- No cases filed through the Whistleblowing Channel
- Viking Malt human rights practices and reporting model audited by an external consultant
Climate Goals & Targets
Short-term Goals:
- Reduce Scope 1 CO2 emissions by 50% by 2025 (from 2018 base year)
- Reduce Scope 2 CO2 emissions by 25% by 2025 (from 2018 base year)
- Minimum 70% fossil-free fuels for heat production by 2025
- FSSC 22000 certification for Vordingborg and Halmstad (2022) and Lahti (2023)
Environmental Challenges
- Covid-19 pandemic and related restrictions impacting beer consumption
- Unprecedented price development of malting barley due to poor crops in several regions and high global demand
- Sharp increase in energy prices
- Lower quality and yield of barley leading to higher import needs and costs
- High inflation in Eastern Europe
Mitigation Strategies
- Tight cost management with special focus on fixed costs
- Continued progress with the construction of a new malting plant in Lahti
- Introduction of a new, modern logistics center in Poland
- Implementation of a new ERP system
- Significant changes in key leadership positions
- Focus on improving product quality and enhanced customer focus
- Asset development, digitalization and automatization
- Continued improvement of sustainability agenda and end-to-end supply chain efficiency
Supply Chain Management
Supplier Audits: Farm Sustainability Assessment (FSA) audits in Finland, Lithuania, and Poland. Continued work in Sweden.
Responsible Procurement
- Supplier Code of Conduct
- Cooperation with Yara on optimal nitrogen fertilizer usage
- Regenerative farming projects
Climate-Related Risks & Opportunities
Physical Risks
- Climate change impacting raw material availability (poor crops due to weather events)
Transition Risks
- Changes in the business environment, availability of sustainable biofuels
Reporting Standards
Frameworks Used: GRI, UN Global Compact
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, ISO 50001:2018 (Denmark only), FSSC 22000 (version 5.1, 3 sites)
Sustainable Products & Innovation
- Sprau®
Awards & Recognition
- EcoVadis Platinum Medal
- Sprau® nominated for FI Europe Innovation Award