Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Achieved carbon neutrality in Ecuador, Dominican Republic, and Chile operations through emission reduction and offsetting.
• Reduced waste by -34% from 2004 to 2021 while ink production increased.
• Continued installation of energy-efficient solutions in various entities.

Social Achievements

• Maintained a low occupational accident frequency rate (3.68) with only two occupational illnesses and no fatalities.
• Contributed approximately CHF 2.4 million to 59 cultural, education, and environmental projects.
• Implemented integrated talent management processes, maintaining a high employee retention rate (94%).

Governance Achievements

• Obtained ISO 37001:2016 certification for its global anti-corruption management system.
• Renewed its Banknote Ethics Initiative (BnEI) accreditation.
• Launched a new Strategic Business Area to support governments in public health issues.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the COVID-19 pandemic and natural disasters.
• Increased electricity and water consumption per FTE due to a 25% increase in ink production and the addition of new entities.
• Slight increase in occupational accidents due to the return of employees to on-site work and the inclusion of additional sites with higher working risks.

Mitigation Strategies

• Implemented effective measures to protect staff and ensure business continuity during the COVID-19 pandemic.
• Revised data collection approach to determine global environmental footprint and create a climate neutrality roadmap.
• Continued to install energy-efficient solutions and enhance waste management practices.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct (covering ethics, security, environmental, and human rights requirements)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001, ISO 14001:2015, ISO 45001:2018, ISO 37001:2016

UN Sustainable Development Goals

• SDG 10
• SDG 16
• SDG 17

Solutions contribute to safeguarding cash, securing tax collection, and fighting fraud, thereby contributing to reduced inequalities, peace, justice, and strong institutions, and partnerships for the goals.

Sustainable Products & Innovation

• SPARK Flow®, SICPAPROTECT® Biocide, OPALINE®

Awards & Recognition

• Ecovadis Silver medal (64)

Environmental Metrics

ESG Focus Areas

• Climate change
• Energy management and efficiency
• Mobility
• Environmental impacts of production and operations
• Use and storage of hazardous substances
• Sustainable packaging
• Sustainable sourcing
• Biodiversity
• Diversity, inclusion and equal opportunities
• Talent attraction, retention and development
• Occupational health and safety
• Working conditions and financial securities for employees
• Labour relations
• Engagement in local communities
• Business ethics and integrity
• Sustainable innovation and improvement
• Sustainable supply chain management

Environmental Achievements

• Reduced total emissions by 4.5% compared to 2021, mainly due to a decrease in scope 3 emissions.
• Solar panels across SICPA sites generated 663 MWh.
• Changed the treatment path of Intermediate Bulk Containers (IBCs) to allow reuse, reducing waste tonnage by 24 tonnes per year.
• Implemented new solar production capacity in Indonesia, Spain and Mexico.

Social Achievements

• 115 managers trained on management essentials, including career development.
• Employees spent an average of 31 hours of training (versus 28 hours in 2021).
• 475 new employees hired in 2022.
• Contributed approximately CHF 715,000 to 52 projects in its countries of operation.

Governance Achievements

• Updated the SICPA Group Anti-Corruption Policy.
• Recertified ISO 37001.
• Reaccredited by the Banknote Ethics Initiative (BnEI).

Climate Goals & Targets

Environmental Challenges

• Scope 3 emissions represent 89% of the total carbon footprint.
• Market shortages of mechanical and electronic components made sustainable sourcing challenging.
• Steel drums used for ink transport create hazardous waste.
• Low levels of diversity in the workforce.

Mitigation Strategies

• Developing an operational climate roadmap to support emissions reduction.
• Working with suppliers to increase the percentage of materials from renewable sources.
• Exploring alternative solutions to steel drums, such as cardboard liners.
• Implementing a global grading system to ensure consistency and fairness in job evaluation and compensation.
• Engaging with managers through training and workshops to ensure equal treatment of employees.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct (including environmental and social aspects).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, UN Global Compact, SDGs, ICA Sustainability Charter

Certifications: ISO 9001, ISO 14001, ISO 27001, ISO 37001, ISO 45001, ISO 17025, BNEI, EcoVadis

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

SICPA's sustainability strategy makes a direct contribution to eight UN SDGs and indirectly contributes to all SDGs through various initiatives.

Sustainable Products & Innovation

• New ranges of security inks with an improved sustainability index.
• CERTUS® solution (blockchain-based digital seal technology).

Awards & Recognition

• Cyber Security Innovation of The Year from Cybersecurity Malaysia

Environmental Metrics

ESG Focus Areas

• Climate change
• Energy management and efficiency
• Environmental impacts of production and operations
• Sustainable packaging
• Sustainable sourcing
• Diversity, inclusion and equal opportunities
• Talent attraction, retention and development
• Occupational health and safety
• Working conditions and financial securities for employees
• Business ethics and integrity
• Sustainable innovation and solutions
• Sustainable supply chain management

Environmental Achievements

• Reduced company-wide greenhouse gas emissions by 1% in 2023 (excluding 2022 emissions from Swiss campus construction); 18% reduction compared to 2022 (including campus construction).
• Increased solar panel energy generation by 63% to 1,086 MWh in 2023.
• 16 SICPA entities (21 sites) certified ISO 14001 (environmental management system), including four new certifications.
• Achieved carbon neutral operations in Dominican Republic, Ecuador and Chile.
• Cobalt-based offset inks completely replaced with cobalt-free alternatives; initiated major deployment of cobalt- and octoate-free intaglio inks.
• Vegetable-based 3VF offset inks used for the first time on banknotes in Lesotho and Tajikistan (minimum 60% bio-renewable content).

Social Achievements

• High staff retention rate (>90%).
• 484 new employees hired in 2023.
• Approximately kCHF 1,899 contributed to 109 community projects in 2023.
• Adoption of a new Conflict of Interest Policy.
• Worldwide rollout of updated company Code of Conduct.
• Implemented a platform to monitor diversity and inclusion at headquarters.
• Dominican Republic committed to UN Women’s Empowerment Principles.
• Ecuador certified 100% of employees in “Leaders in Zero Tolerance program against violence against women”.

Governance Achievements

• ISO 37001:2016 (anti-bribery management system) certification maintained.
• No legal actions for corruption, anti-competitive behavior reported in 2023.
• Revamped SICPA Code of Conduct rolled out across the organization.
• Speak Up Line (whistleblower system) in place since 2020.

Climate Goals & Targets

Environmental Challenges

• Market shortages of mechanical and electronic components impacting sustainable sourcing strategy.
• Ink production's environmental impact due to raw materials.
• Hazardous waste from steel drums used for ink transport.
• Increasing water consumption in water-stressed areas (due to recalculation aligning with GRI recommendations).

Mitigation Strategies

• Working with suppliers to increase percentage of materials from renewable sources.
• Expanding local sourcing practices.
• Proposing alternative packaging solutions (cardboard liners) to replace steel drums.
• Pilot project in Mexico to replace wooden pallets with cardboard boxes.
• AI-assisted decision making to improve efficiency and reduce environmental footprint in ink production.
• Implementing a mobility plan in Switzerland to reduce car commutes.

Supply Chain Management

Supplier Audits: 11 sites assessed via EcoVadis in 2023

Responsible Procurement

• Updated Supplier Code of Conduct rolled out in 2023.
• Integration of sustainable procurement and ethical sourcing into Internal Standard on Procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Replacement of fossil-based raw materials with biorenewable sources.

Reporting Standards

Frameworks Used: GRI, UN Global Compact, UN SDGs, ICA Sustainability Charter

Certifications: ISO 14001, ISO 45001, ISO 37001:2016 (anti-bribery)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 3
• 4
• 5
• 6
• 8
• 10
• 12
• 13
• 16
• 17

SICPA's sustainability strategy contributes directly to eight UN SDGs and indirectly to all SDGs through products, solutions, and initiatives.

Sustainable Products & Innovation

• Vegetable-based 3VF offset inks
• SICPA RTX03 machine upgraded with UV LED system
• Switch from fuel-powered alternators to electric motors.

Awards & Recognition

• Nature & Economy Foundation Award (Chavornay)
• Quantification Seal (SICPA Chile)
• Recognition from Ecuadorian Ministry of Environment