Climate Change Data

Robit Plc

Climate Impact & Sustainability Data (2015, 2016)

Reporting Period: 2015

Environmental Metrics

ESG Focus Areas

  • Environmental Responsibility
  • Work Safety
  • Employee Wellbeing

Environmental Achievements

  • Started creating an environmental management system in accordance with the ISO 14001 standard (certification planned for 2016).
  • In the environmentally friendly steel production process the CO² emissions have been reduced by 80 %. Out of the process waste 95 % is recycled, including the process smoke, which is filtered.

Social Achievements

  • No occupational accidents leading to absence from work occurred at any Robit location during 2015.
  • Launched Robit Talent program to hire and train young people.
  • Personnel survey showed good results regarding job satisfaction.

Governance Achievements

  • Successful IPO in May 2015, raising EUR 30.4 million.
  • Established three new strategic business units (Top Hammer, Down-the-Hole, and Digital Services).

Climate Goals & Targets

Long-term Goals:
  • Double global market share.
Medium-term Goals:
  • Achieve the long-term strategic target of EBITA of +13%.
Short-term Goals:
  • Introduce ISO 14001 management system in all subsidiaries.

Environmental Challenges

  • Challenging global market for drilling consumables.
  • Weak economic situation and decline of the ruble in Russia and CIS countries.
  • Negative development of the South African rand against the euro.
Mitigation Strategies
  • Investments in new employees and active market presence to increase global market share.
  • Establishment of a new sales company in Peru and a sales office in Thailand.
  • Development of new products and technologies (Robit Sense System, Robit Prime ring bit series, fiberglass casing systems).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 14001

Sustainable Products & Innovation

  • Robit Sense System
  • Robit Prime ring bit series
  • fiberglass casing systems

Reporting Period: 2016

Environmental Metrics

ESG Focus Areas

  • Health, Safety, and Environment (HSE)
  • Employee Well-being
  • Corporate Responsibility

Environmental Achievements

  • Reduced CO2 emissions by 80% in steel production.
  • Improved waste sorting facilities to reduce municipal waste.
  • Switched lighting to LED and upgraded heating to district heating in Lempäälä premises to save energy.
  • Implemented ISO 14001:2015 Environmental Management System in Finnish locations.

Social Achievements

  • Launched Management Training Programme for key managers.
  • Improved employee satisfaction (based on personnel survey).
  • Increased workforce to 263, with 75% outside Finland.
  • Implemented a more comprehensive HSE development program.

Governance Achievements

  • Won 1st Award in the competition for “Best Investor Websites” of 2016.
  • Received 3rd prize in the European Small and Mid-Cap Award 2016.
  • Established three strategic business units (Top Hammer, Down the Hole, Digital Services).

Climate Goals & Targets

Long-term Goals:
  • Double its global market share.

Environmental Challenges

  • Challenging market situation at the beginning of 2016.
  • Tough realities in the mining sector and commodity market in Africa.
  • Uncertainty in individual market environments.
  • Slow start to 2016 in Americas, with postponed construction projects.
  • Challenging Russia and CIS markets due to exchange rate and import restrictions.
Mitigation Strategies
  • Major efforts in customer interface and persistent sales personnel.
  • Reinforced professional dealer network in Africa.
  • Investments in sales offices in USA and Peru.
  • Maintaining key customer relationships in Russia.
  • Focus on Americas region in 2017.

Supply Chain Management

Responsible Procurement
  • Global sourcing activity

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Robit Sense Systems
  • Top Hammer drill tube product line
  • Robit Flow Control system

Awards & Recognition

  • 1st Award for “Best Investor Websites”
  • 3rd prize in the European Small and Mid-Cap Award 2016