Climate Change Data

Deceuninck NV

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:531,549 tCO2e/year
Scope 1 Emissions:12,680 tCO2e/year
Scope 2 Emissions:38,570 tCO2e/year (market based)
Scope 3 Emissions:481,240 tCO2e/year
Renewable Energy Share:45% of total electricity use
Total Energy Consumption:218,688 MWh/year
Water Consumption:256,941 m3/year
Waste Generated:14,371 tons/year
Carbon Intensity:2.5 tCO2e/tonnes (2023)

ESG Focus Areas

  • Recycling
  • Use of recycled material
  • Product insulation
  • Greenhouse gas emissions
  • Energy efficiency & renewable energy
  • Waste generation
  • Water consumption
  • Human capital
  • Talent management
  • Health, safety & wellbeing
  • Diversity & Inclusion
  • Health & safety impacts of products
  • Anti-corruption & bribery
  • Business ethics in the supply chain
  • Data protection
  • Community engagement

Environmental Achievements

  • 19,800 tonnes recycled in our recycling factory
  • 18% recycled material in our products
  • 37,000 tCO2e emissions avoided through the use of own PVC recyclate
  • Validated Science Based Targets
  • VinylPlus Product Label for Elegant, Elegant Thermofibra, Zendow, Zendow#neo and Twinson in Europe
  • GreenCircle Recertification for Closed-Loop Window Extrusions, Recycled Content (North America)

Social Achievements

  • Employee turnover rate decreased to 17.7% (from 20.2% in 2022)
  • 87% of white-collar employees received a formal performance review
  • Implementation of an online learning platform
  • Increased number of employee surveys
  • Detailed action plans implemented based on employee feedback
  • Culture Improvement Teams established to address employee concerns
  • Deceuninck Together Ahead Dialogue to improve employee engagement
  • Assisted in rebuilding 100 schools in Turkey after earthquake
  • Supported various charity projects

Governance Achievements

  • 82% Supplier Code of Conduct spend coverage rate
  • Compliance with the Belgian Corporate Governance Code 2020

Climate Goals & Targets

Long-term Goals:
  • Net-zero GHG emissions across the value chain by 2050
Medium-term Goals:
  • Reduce absolute Scope 1 & 2 emissions 60% by 2030
  • Reduce Scope 3 emissions 52% per ton product produced by 2030
  • Increase own roof solar PV production
Short-term Goals:
  • Increase recycling volumes towards 40,000 tonnes annually
  • Conduct stakeholder interactions for double materiality exercise
  • Update targets, KPIs, and data governance for CSRD aligned reporting

Environmental Challenges

  • Soft market demand in Europe due to low consumer confidence
  • Restructuring of German operations
  • High inflation impacting consumer spending power
  • Higher mortgage rates affecting sales volumes in North America
  • Supply chain disruptions
  • High inflation in key areas
  • Rising energy costs
  • Growing expectations regarding environmental performance of products
  • Competition for skilled workforce
Mitigation Strategies
  • Global footprint allows balancing business performance
  • Investments in high-tech recycling facility and co-extrusion lines
  • Adjusted go-to-market model in several Emerging Markets
  • Improved operational efficiency in North America
  • Risk-based approach to hazardous substances
  • Calculation of environmental performance of products
  • Proactive communication on circular economy
  • HR focus on employee engagement, wellbeing, and training
  • Energy efficiency roadmap implementation
  • Expansion of REC purchases and investment in solar PV production

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Own production of renewable energy

Reporting Standards

Frameworks Used: GRI Standards, UN Sustainable Development Goals (SDGs), Sustainability Accounting Standards Board (SASB), Science Based Targets initiative (SBTi)

Certifications: ISO 14001, ISO 45001, ISO 50001, GreenCircle Certified, VinylPlus product label, Passive House Component Certification

Third-party Assurance: Recyclass (for recycling activities)

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)

Not disclosed

Sustainable Products & Innovation

  • Elegant (100% recyclable)
  • Phoenix (circular product)
  • Eclipse (color-through PVC extrusion)

Awards & Recognition

  • Red Dot Award
  • German Innovation Award
  • German Design Award