Climate Change Data

Fiber Bidco S.p.A.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:325 kt CO₂e/year
Renewable Energy Share:1.1%
Total Energy Consumption:5,757,773 GJ/year
Water Consumption:15,615,000 m3/year (Paper); 249,652 m3/year (Self-Adhesives)
Waste Generated:30,354 tons/year

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced CO₂ emissions by 1.5% in absolute terms despite a 5% volume increase.
  • Achieved 86% waste recovery (compared to 80% in 2019).
  • Returned 97% of clean water to the environment (compared to 92% in 2020).

Social Achievements

  • Reduced injury frequency rate by 32% (from 21 to 7).
  • Increased percentage of women in managerial positions to 25% (from 22% in 2020).
  • 100% of employees involved in individual development conversations (compared to 9% in 2020).

Governance Achievements

  • Joined the UN Global Compact and Science Based Targets initiative.
  • Received a Gold rating from EcoVadis.
  • Implemented a structured, integrated risk management system aligned with TCFD guidelines.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO₂ emissions by 30% by 2030.
  • Achieve 100% waste recovery by 2030.
  • Return 95% clean water to the environment by 2030.
  • Achieve zero cases of water pollution by 2030.
  • Achieve 95% of suppliers qualified according to ESG criteria by 2030.
  • Reduce injury frequency rate by 67% by 2030.
  • Increase percentage of women in managerial positions to 30% by 2030.
  • Achieve 100% training on the code of ethics by 2030.
  • Increase employee NPS by 50 by 2030.
  • Achieve Platinum EcoVadis rating by 2030.
Short-term Goals:
  • Reduce water consumption by unspecified amount.

Environmental Challenges

  • Reducing CO₂ emissions.
  • Waste recovery.
  • Increasing customer focus on sustainable products.
  • Monitoring and adapting to regulatory changes in terms of ESG.
  • Managing extreme weather events and natural disasters.
  • Shortage of raw materials and general increase in costs.
Mitigation Strategies
  • Implemented preventive operations across the supply chain.
  • Improved planning of purchases and diversification of suppliers.
  • Implemented careful management of stocks and constant monitoring of transport.
  • Developed alternative sourcing strategies.
  • Adopted a medium-term strategy by 2030 (-30% absolute CO₂ emissions Scope 1 + 2) and a long-term strategy by 2050 (carbon neutrality).
  • Developed the first Physical Risk mapping related to climate change for production sites.
  • Implemented Ecovadis Platform for supplier assessment.

Supply Chain Management

Supplier Audits: 81% of expenditures have a valid sustainability score in 2021 (target 95% by 2030)

Responsible Procurement
  • Supplier Code of Conduct
  • Revised General Purchasing Conditions
  • New Strategic Sourcing Process
  • Ecovadis Platform
  • Group Sourcing Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Heat waves
  • Floods
  • Water stress
  • Earthquakes
  • Fires
  • Hurricanes and typhoons
  • Sea level rise
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (core option)

Certifications: FSC, EU Ecolabel, Re-made in Italy, BRC, ISO 14001, ISO 45001, ISO 50001, UNE 166002, ISO 22000, ISCC PLUS, ISO 9001

Third-party Assurance: Deloitte & Touche S.p.A. (limited assurance)

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • Paper Snap
  • Materia Viva paper collection
  • Core linerless solutions
  • RIMove

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:323 kt CO₂e
Renewable Energy Share:4.7%
Total Energy Consumption:5,732,917 GJ
Water Consumption:4,399.3 ML
Waste Generated:68,650 tons
Carbon Intensity:Decreased by 15.1% from 2019 at Group level

ESG Focus Areas

  • CO₂ emissions reduction
  • Water consumption reduction
  • Waste management
  • Sustainable product innovation
  • Workplace injury reduction
  • Inclusive work environment
  • Community collaboration

Environmental Achievements

  • Reduced absolute CO₂ emissions by 2.2% despite a 15% increase in production volume (compared to 2019)
  • Achieved 89% waste recovery (86% in 2021)
  • Reduced Scope 2 emissions by 66% in 2022 due to renewable electricity purchase
  • Returned 94.4% of withdrawn water

Social Achievements

  • Reduced injury frequency rate by 37% since 2020
  • Increased percentage of women in managerial positions to 25.48% (25.06% in 2021)
  • Launched a new people promise: "Discover Extraordinary Every Day"
  • Trained 40% of employees on the Code of Ethics

Governance Achievements

  • Updated Organization, Management, and Control Models in 2021-2022 according to Italian Legislative Decree No. 231/2001
  • CEO's compensation linked to ESG targets (up to 100% of fixed compensation)
  • No breaches of the Code of Ethics recorded in 2022

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050
Medium-term Goals:
  • Reduce absolute Scope 1 and 2 GHG emissions by 30% by 2030 (from 2019 baseline)
  • Reduce absolute Scope 3 GHG emissions from fuel and energy-related activities by 30% by 2030 (from 2019 baseline)
  • 90% of suppliers by spend to have science-based targets by 2027
  • Reduce freshwater withdrawal by 10% by 2030
  • 100% of products designed for optimal end-of-life recycling and recovery by 2030
  • Reduce NOx emissions by 10% by 2030
  • Achieve an employee NPS in the top 5% of manufacturing companies and top 10% cross-sector by 2030
  • Reduce total injury frequency rate to 3 by 2030

Environmental Challenges

  • Macroeconomic and geopolitical instability
  • Supply chain challenges
  • Health and safety issues
  • IT management and cybersecurity
  • Integration and organizational transformation
  • People attraction and talent mobility
  • Energy and raw material shortages and price increases
  • CO₂ emission reduction and energy transition
Mitigation Strategies
  • Sourcing new suppliers and alternative materials
  • Recovery plans for gas rationing
  • Hedging policies
  • HSE policy and procedures, staff training
  • Machines equipped with safety features
  • Roadmap for emission reduction
  • Resource efficiency and low-carbon technologies
  • HR roadmap for enhanced people experience
  • IDE initiatives

Supply Chain Management

Supplier Audits: 4 ethical audits covering 18% of direct material expenditure in 2022

Responsible Procurement
  • Supplier code of conduct
  • Sourcing policy
  • Ecovadis platform for ESG assessment
  • Green sourcing initiatives

Climate-Related Risks & Opportunities

Physical Risks
  • Heat waves
  • Floods
  • Water stress
  • Fires
Transition Risks
  • Energy and raw material price volatility
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Renewable energy adoption

Reporting Standards

Frameworks Used: GRI Standards

Certifications: EcoVadis Platinum, FSC® COC and CW, ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: Deloitte & Touche S.p.A.

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)
  • Goal 15 (Life on land)

Initiatives contribute to these goals through emission reduction, sustainable procurement, waste reduction, and biodiversity protection.

Sustainable Products & Innovation

  • Materia Viva II paper collections
  • éclose thermoformed cellulose solution
  • LinerLess RIMove and RePlay labels

Awards & Recognition

  • EcoVadis Platinum Sustainability Rating