Kebony AS
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:10,545 tCO2e/year
Scope 1 Emissions:733 tCO2e/year
Scope 2 Emissions:268 tCO2e/year (location-based), 1,374 tCO2e/year (market-based)
Scope 3 Emissions:10,545 tCO2e/year
Renewable Energy Share:99%
Total Energy Consumption:7,020 MWh/year
Water Consumption:1,021 tonnes/year (wastewater)
Waste Generated:155 tonnes/year (solid waste excluding wood), 324 tonnes/year (wood waste)
Carbon Intensity:126 kg CO2e/m3 product (location based), 266 kg CO2e/m3 (market based)
ESG Focus Areas
- Help the world reduce CO2 emissions
- Sustainable handling of resources and waste
- Make beautiful, stable, eco-friendly and maintenance-free products
- Lead by example in governance and safety
- Positive impact every day
Environmental Achievements
- Reduced energy consumption in the production process (e.g., reduction of steam consumption by approx. 20%-30%)
- Revised method for calculating Scope 4 greenhouse gas impact
- Implemented waste reduction initiatives through a new Quality and Continuous Improvement organization
- Products sold assimilated 8,495 tonnes CO2 equivalents
Social Achievements
- Implemented an updated DEI policy
- No incidents of corruption identified
- 0 Lost Time Accidents and 3 Recordable accidents (without leave) in 2023
- Implemented a new Quality & Continuous Improvement organization
Governance Achievements
- Updated Code of Conduct and Whistleblower policy launched in 2023
- Strengthened IT department with initiatives such as updated GDPR policy, security and firewall audits
- Implemented a Supplier Code of Conduct
Climate Goals & Targets
Long-term Goals:
- Goal: Kebony technology used all over the world in 2030
Medium-term Goals:
- Reach net zero greenhouse gas emissions by 2035
Short-term Goals:
- Further reduction of CO2 footprint, energy consumption and waste in 2024
- Zero tolerance for health and safety risks
- Improve economic performance
- Support new applications of technology
Environmental Challenges
- Overall weaker market conditions in the building materials and construction markets impacting revenues and production volumes
- Potential biodiversity impacts in areas from where timber is sourced
- Potential human rights and environmental risks in the supply chain of furfuryl alcohol
Mitigation Strategies
- Continuing efforts to utilize wood sourced closer to markets
- Exploring ways of further reducing carbon footprint
- Performing due diligence and risk assessments of key suppliers
- Implementing a supplier code of conduct
- Initiating due diligence of the most important suppliers
- Working to fill identified gaps in policies against OECD Guidelines and the Norwegian Transparency Act
Supply Chain Management
Supplier Audits: Due diligence and risk assessments performed on key suppliers
Responsible Procurement
- Supplier Code of Conduct
- General Purchasing Conditions
- FSC or PEFC certified wood
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: FSC, PEFC, Nordic Swan Ecolabel
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 15 (Life on Land)
Kebony's activities contribute to these goals through sustainable wood modification technology, reduced emissions, responsible resource management, and positive impact on urban spaces and biodiversity.
Sustainable Products & Innovation
- Kebony wood
Awards & Recognition
- Financial Times Tech Champions 2023
- BLT Built Design Awards