Ficosa International, S.A.
Climate Impact & Sustainability Data (2014, 2019, 2023)
Reporting Period: 2014
Environmental Metrics
Scope 3 Emissions:3,750 (from waste management)
ESG Focus Areas
- Human Rights
- Labor Standards
- Environment
- Anti-Corruption
- Quality
- Safety
- Community Investment
Environmental Achievements
- Reduced energy consumption by 41.5% in US Tennessee painting process through new paint shop
- Increased capacity by 24% in Poland while reducing chemical component and paint waste usage
- Distilling used paint to obtain pure solvent in Fico Mirrors Soria for reuse or sale
- Implemented a Carbon Footprint Procedure following the GHG Protocol (WBCSD) to calculate GHG emissions
Social Achievements
- 60% increase in engineers at Viladecavalls headquarters from 2013 to 2015
- Planning to create 240 new jobs for engineers and technology professionals by 2019
- Low employee turnover rate (1.59% in 2014)
- Implemented employee surveys in some countries with action plans based on results
- Various welfare campaigns (healthy week, water culture, safety & environment week, etc.)
- Implemented a competency development program including a Development Center
Governance Achievements
- Defined a corporate structure for OHSE data collection and management at a corporate level
- Developed a corporate code of conduct (in progress)
- Implemented training sessions on working conditions, ethics, and environmental responsibility in Turkey and Brazil
- Specific program in Mexico to ensure employees understand and live Ficosa's values
- Planning to adapt and implement Mexico's initiatives in the USA
- General Purchasing Conditions include supplier obligations to respect social responsibility duties and human rights
Climate Goals & Targets
Environmental Challenges
- Competition for specialist and managerial staff
- Need to improve OHS performance to achieve zero incidents and injuries
- Need to improve environmental reporting and energy efficiency across all plants
- Need to increase reporting on carbon footprint, including Scope 3 emissions
Mitigation Strategies
- Personalized Career Management System for employees
- Actions to increase manager's OHS awareness, improve OHS training, reporting, and system implementation
- Developing an environmental balance scorecard, ensuring all plants report CO2 emissions, and making annual energy efficiency reports obligatory
Supply Chain Management
Responsible Procurement
- General Purchasing Conditions include supplier obligations to respect social responsibility and human rights
- Suppliers must have quality certifications (ISO 9001, VDA, EAQF, ISO/TS 16949)
- Suppliers must comply with environmental regulations (ELV, REACH, CLP/GHS, Dodd-Frank Act)
- Conflict Minerals Declaration and Standardized Survey (EICC/GeSI template)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
Certifications: ISO/TS 16949, ISO 9001, OHSAS 18001, ISO 14001
Sustainable Products & Innovation
- Intelligent Rearview Monitor System (irms)
- Automatic exterior sensor cleaning system
- Shift-by-wire system
- Battery Management System
- On-board charger
- eBox
Awards & Recognition
- Toyota award for manufacturing facilities in Portugal, Turkey, and China
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Energy Management
- Sustainability
Environmental Achievements
- Reduced air conditioning consumption by 40%
- Reduced electricity consumption by 63%
- Reduced utilities consumption by 30%
- Reduced injection moulding consumption by 15%
- Achieved ISO 50001 certification
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Human Rights
- Environmental Protection
- Business Ethics
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality
Supply Chain Management
Responsible Procurement
- Responsible Sourcing Standards
- Conflict Minerals Compliance
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, OECD Guidelines for Multinational Enterprises, ILO Conventions