Climate Change Data

Environmental Metrics

ESG Focus Areas

• Circular bioeconomy
• Territorial regeneration
• Sustainable agriculture
• Renewable resources
• Employee well-being
• Product sustainability
• Innovation
• Stakeholder engagement
• Business integrity

Environmental Achievements

• 100% of electrical energy from certified renewable sources
• 57% of raw materials of renewable origin
• 13% reduction in specific energy consumption compared to 2017
• Reindustrialization of non-competitive sites to create biorefineries

Social Achievements

• Foundation of BIOREPACK, the national consortium for the biological recycling of packaging
• Foundation of Re Soil Foundation, promoting territorial regeneration and soil protection
• Covid-19 emergency response: implemented safety measures, remote work, and support initiatives for employees and communities
• 8500 hours of training for employees
• Partnership with Coldiretti for regenerative farming

Governance Achievements

• Became a B Corp-certified Benefit Corporation
• Established a Group-wide “Coronavirus emergency unit”
• Maintained ISO 9001, ISO 14001, and ISO 45001 certifications

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic and its impact on the global economy
• Uncertainty due to the pandemic

Mitigation Strategies

• Implemented safety measures and remote work options for employees
• Supported communities through various initiatives (e.g., mask production, food distribution)
• Provided back-up solutions and interrupted non-essential activities to maintain production continuity

Supply Chain Management

Responsible Procurement

• Careful selection and management of suppliers; promoting respect for human rights

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Italian Leg. Dec. No.254/2016

Certifications: ISO 9001, ISO 14001, ISO 45001, B Corp

Sustainable Products & Innovation

• Bioplastics and biochemicals

Environmental Metrics

ESG Focus Areas

• Research and Innovation
• Business Integrity and Stability
• Value Chain and Product Sustainability
• Compliance and Quality of the Products and Customer Care
• Responsibility towards employees
• Soil protection and revitalisation
• Communication and promotion of sustainability
• Education and training of new generations
• Partnership and collaboration for territorial regeneration

Environmental Achievements

• Reduced energy intensity by 24% relative to 2017
• 99.8% of electricity from certified renewable sources
• 58% of raw materials from renewable origin
• 71% share of regenerative turnover
• New Mater-Bi plant at Patrica online, increasing bioplastics production capacity to 200 ktons
• Significant process changes in Origo-Bi polyester production, expanding range and capacity
• Increased production of 1,4 bio-BDO at Bottrighe plant
• Second THF recovery line at Patrica plant
• Development of innovative products for barrier and transparent packaging, 100% recyclable

Social Achievements

• Launched Mater-Agro with Coldiretti, promoting participatory innovation between agriculture and industry
• Acquired BioBag International, expanding global presence and distribution network
• Launched “Dialoghi con la scienza” initiative on Anthropocene, fake news, climate change, etc.
• Launched Change & Integration program to enhance innovative potential
• Named “B Corp Best for the World” for environmental performance

Governance Achievements

• Became a B Corp certified Benefit Company in 2020
• Established Sustainability Committee and Sustainability Policy
• Implemented Organisation, Management and Control Model (OMM) to prevent corruption
• Adopted Anti-corruption Policy
• Adopted Antitrust Manual

Climate Goals & Targets

Environmental Challenges

• Raw material scarcity and price increases
• Supply chain disruptions
• Lack of systemic regulatory approach to bioeconomy
• Barriers to circular bioeconomy implementation in Italy and Europe

Mitigation Strategies

• Strengthened integrated value chain
• Acquired BioBag International for broader distribution
• Maintained strong R&D investment (€50 million)
• Implemented process changes to improve efficiency and stability
• Developed alternative sourcing strategies
• Avoided penalties through proactive efforts

Supply Chain Management

Supplier Audits: 30 suppliers involved in EcoVadis assessment (2021)

Responsible Procurement

• EcoVadis platform for supplier sustainability assessment
• Focus on local and European suppliers
• Purchase of carbon neutral-certified raw materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (2016, updated to 2020), UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 45001, B Corp

Third-party Assurance: PricewaterhouseCoopers S.p.A. (limited assurance)

Sustainable Products & Innovation

• Mater-Bi
• Origo-Bi
• Matrol-Bi
• Ager-Bi
• Celus-Bi

Awards & Recognition

• B Corp Best for the World (Environment)
• Best Performer 2020 (Terni plant, Urban Re-Generation project)

Environmental Metrics

ESG Focus Areas

• Research and Innovation
• Business Integrity and Stability
• Value Chain and Product Sustainability
• Compliance and Quality of the Products and Customer Care
• Soil Protection and Revitalisation
• Responsibility towards Employees
• Communication and Promotion of Sustainability
• Education and Training of New Generations
• Partnerships and Collaboration for Territorial Regeneration

Environmental Achievements

• Reduced primary energy consumption by 12% in six months of operation at the new Patrica trigeneration plant.
• Achieved 99.8% renewable electricity and 100% renewable heating across the group.
• 71% of turnover related to circularity.
• Developed a process to use 2nd generation sugars from waste material at the Bottrighe plant.
• Brought a number of new low-impact bio-polyesters to industrial scale.
• Developed new product range for transparent food packaging, up to 100% renewable and biodegradable.

Social Achievements

• Launched the Officine Novamont, a new corporate academy for training on innovation and sustainability.
• Achieved B Corp Best for the World award in the impact on the Environment field.
• Received the Oscar di Bilancio prize in the 'Benefit Company' category.
• Continued the EcoVadis project for the sustainability performance assessment of Novamont suppliers.
• Strengthened partnership with Versalis in green chemistry.

Governance Achievements

• Completed the 'NOVAMONT FUTURE READY 1' organisational transformation project.
• Introduced a Tax Control Framework (TCF) to improve financial management and risk assessment.
• Introduced a new procedure for managing import-export customs procedures.

Climate Goals & Targets

Environmental Challenges

• Setback in economic development due to the conflict in Ukraine and worsening multi-crisis.
• Lack of a consolidated regulatory framework in Europe that adequately recognizes the environmental value of bio-based products compared to fossil fuel imports.
• Dumping of Chinese bio-degradable plastics of fossil origin.
• Increased raw material and energy costs.
• ETS contribution only considering process-related CO2 emissions, ignoring CO2 stored in bioproducts.

Mitigation Strategies

• Worked on production efficiency by introducing new flexibility schemes in relation to energy consumption and raw material interchangeability.
• Strengthened existing partnerships with suppliers.
• Continued to innovate and invest in strengthening the integrated supply chain.
• Developed and pilot-scale transferred a process to use 2nd generation sugars from waste material.
• Continued to invest in research and development for new applications.

Supply Chain Management

Supplier Audits: 27 suppliers assessed through EcoVadis platform (86% coverage of raw material expenses).

Responsible Procurement

• Code of Ethics
• EcoVadis assessment
• Purchase of carbon neutral-certified raw materials

Climate-Related Risks & Opportunities

Physical Risks

• Air and water temperature change
• Temperature variability
• Soil degradation and erosion
• Sea level rise
• Water stress
• Droughts
• River flooding

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (2021), UN Global Compact

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001, ISCC PLUS, EU Ecolabel, ISO 14067:2018 SA

Third-party Assurance: PricewaterhouseCoopers S.p.A. (limited assurance)

Sustainable Products & Innovation

• Mater-Bi
• Origo-Bi
• Matrol-Bi
• Ager-Bi
• Celus-Bi

Awards & Recognition

• B Corp Best for the World (Environment)
• Oscar di Bilancio ('Benefit Company' category)
• Sustainable Development Prize (Natural Capital Section)
• Impresa Ambiente Award ('Best Process/Technology for Sustainable Development')

Environmental Metrics

ESG Focus Areas

• Regeneration of local areas
• Promotion of a circular model maximizing the recovery of organic matter
• Protection and regeneration of soil vitality and health
• Development of innovative and sustainable production processes
• Contribution to creating a virtuous network

Environmental Achievements

• Reduced primary energy use by 21% at Bottrighe site and 11% at Patrica site through energy efficiency improvements.
• Achieved 60.7% organic recycling of compostable bioplastics in 2022, exceeding 2030 targets.
• 98.3% of eligible turnover aligned with European Taxonomy for Sustainable Finance criteria.
• Avoided and/or offset CO2e per ton of useful product: 1.07 tonnes

Social Achievements

• Launched Officine Novamont, a corporate academy, delivering 38 internal training courses to 285 employees.
• Awarded platinum medal in sustainability practices by EcoVadis, placing it in the top 1% of companies in its sector.
• Continued collaboration with AMSA in Milan, exceeding 50% organic waste collection.
• Supported various community initiatives and partnerships with NGOs.

Governance Achievements

• Achieved a B Impact Assessment (BIA) score of 128 (BioBag Group: 86.3, overall 118.78), exceeding the B Corp excellence threshold.
• Implemented an internal improvement plan based on BIA results.
• Appointed a Diversity, Equity and Inclusion Manager.

Climate Goals & Targets

Environmental Challenges

• High prices of renewable raw materials and inflation impacting purchasing power.
• Competition from dumped fossil products from China.
• ETS levy on biorefinery, ignoring CO2 stored in bioproducts.

Mitigation Strategies

• Modernizing and replacing plants with high-efficiency plants running on biofuel.
• Implementing energy efficiency projects (heat exchangers, optimized impellers, steam recovery).
• Offsetting Scope 1 emissions through certified carbon credits.
• Developing new integrated processes using waste from other sectors and alternative feedstocks.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of carbon-neutral raw materials (PAS 2060)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, UN Global Compact principles, B Impact Assessment (BIA)

Certifications: B Corp, ISO 14067

Third-party Assurance: B Lab

UN Sustainable Development Goals

• SDG 2, 7, 8, 9, 11, 12, 13, 15, 17

Initiatives contribute to these goals through various projects and collaborations.

Sustainable Products & Innovation

• Mater-Bi bioplastics, bioherbicides, biolubricants, compostable stick packs

Awards & Recognition

• SMAU 2023 Innovation Award
• Coldiretti ‘Green Oscar’ (Terra Felix)