Climate Change Data

MARTIFER SGPS, S.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • reducing CO2 emissions
  • sustainability
  • social responsibility
  • safety and working conditions
  • environmental performance and energy transition
  • Gender Equality

Environmental Achievements

  • aiming to reduce CO2 emissions by around 50% by 2025
  • implementing a programme to decarbonise its Oliveira de Frades and Viana do Castelo production units (3.5 MW wind and solar energy self-consumption solutions)

Social Achievements

  • signed the “Pact for More and Better Jobs for Young People”, aiming to reinforce its focus on hiring and retaining young workers, guaranteeing quality employment for young people, training, developing and giving a voice to young people by 2026
  • presented its Gender Equality Plan

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • climate changes
  • geopolitical crisis
  • social instability
  • volatility of commodity prices (steel and aluminum)
  • variation of energy sales prices
  • exchange rate risk
  • interest rate risk
  • liquidity risk
  • credit risk
  • client risk
  • supplier risk
  • supply chain and logistics disruptions
  • external or market risks
  • risks related to innovation capacity
  • difficulty in capturing highly qualified staff
  • risks related to the level of competitiveness of ship repair
  • risks in relation to subcontractors and suppliers
  • lack of qualified staff
  • risks linked to renewable energy business productivity
  • licensing and regulatory risks
  • legal and regulatory changes
  • Compliance and ESG regulatory requirements
Mitigation Strategies
  • rigorous planning of raw material purchases and contracts with clients that allow changes in the price of raw materials to be reflected in the amount paid by the client
  • fixing the sales price of energy on at least an annual basis
  • implementing a programme to decarbonise production units
  • carrying out transactions in respective local currencies for subsidiaries
  • contracting exchange rate hedges when appropriate
  • maintaining competitive levels in the long term for debt spreads
  • accelerating the debt amortisation plan
  • reinforcing activity in business segments with recurring cash-flows
  • assessing the credit risk of all its clients
  • developing KYC processes
  • performing regular risk analyses and credit control
  • diversifying its client portfolio
  • dispersion of its businesses in different countries
  • geographical distribution of wind farms
  • constant adaptation to new regulatory reality
  • legal and tax advisory services
  • compliance officer and Regulatory Compliance Programme
  • Ethics and Conduct Committee

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • European Award for the Gare de Mons project
  • Gold Winner - Global Future Design Awards 2023 for the KOI Building