Tecnoglass Inc.
Climate Impact & Sustainability Data (2017, 2018, 2019, 2020, 2023)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Environmental Sustainability
- Social Responsibility
Environmental Achievements
- Installed a 4,844 kWp photovoltaic system, generating 77.06 MWh in the first year and projected to reduce CO2 emissions by 1,533 tons in the first year and 34,277 tons over 25 years.
- Established a low-emissivity glass production plant (Solartec) with a capacity of over two million square meters per year.
- Reduced water consumption to 27,527 m3 in 2017.
- Recycled 100% of used glass (14,499 tons), 720.8 kg of e-waste, and reused 66,000 pipes and 660 wood mats.
Social Achievements
- Tecnoglass ESWindows Foundation supported 158 students with scholarships, expanded San Pablo School by adding a third floor, and implemented the "Colombia a Field to Dream and Grow" project impacting 300 children.
- Reduced accident rates in Tecnoglass and Alutions plants significantly.
- Implemented the "Let's take care of everyone" safety program.
- Provided 819 direct loans to employees at 0% interest.
Governance Achievements
- Implemented an ethics and compliance program, including a confidential reporting line.
- Became an Authorized Economic Operator (AEO) for export.
- Received the World Finance 2018 award for corporate governance.
- Achieved SOX compliance.
Climate Goals & Targets
- Reduce CO2 emissions by 34,277 tons over 25 years.
- Generate approximately 598.405 kWh of renewable energy each month.
- Reduce water consumption to 0.9 m3 per person.
- Reduce accidents by 85% through behavioral safety initiatives.
Environmental Challenges
- Energy costs volatility in the Colombian market.
- Managing environmental impacts from energy use, waste, and emissions.
- Maintaining high safety standards in the workplace.
Mitigation Strategies
- Implemented a photovoltaic energy system to mitigate energy cost volatility.
- Implemented various initiatives to improve energy efficiency, waste management, and water conservation.
- Developed and implemented the "Vision Zero" safety model and "Let's take care of everyone" program to reduce workplace accidents.
Supply Chain Management
Responsible Procurement
- AEO certification demonstrates commitment to secure and reliable supply chain practices.
Climate-Related Risks & Opportunities
Opportunities
- Development and use of low-emissivity glass.
Reporting Standards
Frameworks Used: Global Compact
Certifications: NTC ISO 9001:2015, NTC ISO 14001:2015, OHSAS 18001, AEO (Authorized Economic Operator), CT-PAT Tier-3
Sustainable Products & Innovation
- Low-emissivity glass
Awards & Recognition
- World Finance 2018 award for corporate governance
- Triple A Award for hazardous waste management
- Recognition for participation in HP Planet Partners program
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed a solar panel system to offset energy needed from the local grid
- Recycles water onsite throughout various manufacturing processes
- Environmental management program certified to NTC ISO 14001:2015 by ICONTEC since 2005
Social Achievements
- Commitment to reducing its environmental impact and to the health and safety of its employees
- OSHA certified by ICONTEC
- Joined the UN’s Global Compact program
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
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: ISO 14025, EN 15804, ISO 21930:2007
Certifications: NTC ISO 14001:2015
Third-party Assurance: Underwriters Laboratories
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Ethics and Compliance
- Supply Chain Security
- Product Quality and Innovation
- Eco-efficiency
- Environmental Management
- Human Talent Management
- Occupational Safety and Health
- Human Rights
- Labor Standards
- Community Engagement
Environmental Achievements
- Reduced water consumption in production to 5.3 m3/ton.
- Generated 6% of plant energy from photovoltaic power generation.
- Increased recoverable waste by 25%.
- Recovered 15,971 tons of scrap glass (18% increase from 2018).
Social Achievements
- Increased Code of Conduct and Compliance Manual training coverage by 134% (4,399 employees trained).
- Implemented the MANAGEMENT COMPETENCES 270 program for leadership development.
- Reduced accident rate at Tecnoglass S.A.S. by 17%.
- Supported various community initiatives through the Tecnoglass Eswindows Foundation (e.g., Rebolo neighborhood transformation).
Governance Achievements
- Maintained SOX compliance.
- Updated Compliance Manual and Corporate Governance Guidelines.
- Maintained Authorized Economic Operator authorization and C-TPAT Importer Program certification.
Climate Goals & Targets
- Implement other stages of photovoltaic generation until reaching 12 Mwp of installed capacity.
Environmental Challenges
- Inadequate waste classification.
- Increase in hazardous waste generation.
- Chemical spills.
- Increased natural resource consumption.
- Potential loss of wastewater management system certification.
Mitigation Strategies
- Implemented controls and evaluated their effectiveness through a risk and opportunity matrix.
- Implemented preventive maintenance, daily consumption controls, emergency plans, training, and monitoring.
Supply Chain Management
Responsible Procurement
- Preference for local suppliers; fulfillment of environmental requirements.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001, ISO 9001:2015, OHSAS 18001:2007, NTC 1578:2011, ANSI Z97.1-2015, CPSC 16 CFR 1201, CAN/CGSB 12.1-2017, FASTM E2190
Sustainable Products & Innovation
- Low-E glass
- Laminated Glass
- Insulating Laminated Glass
- Tempered glass
- Silkscreen Glass
- Curved Glass
- Digital Print Glass
- Hurricane-Proof Windows
Awards & Recognition
- Triple A Award
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Ethical and Responsible Continuous Growth
- Eco-efficiency and Innovation
- Enhancing our environment
Environmental Achievements
- Reduced electric energy consumption by 8,150 MWh/year equivalent to 71,000 MBT/year of natural gas with the operation of two 800 TR absorption chillers, which represents a reduction of 4350 tons
- Generated clean energy from the start-up of the 19,555 mwh photovoltaic generation plant and reduced 7400 Tn of CO2 emitted to the environment and USD$1.8mm in savings.
- Maintained water consumption in production at 5.5 m3/ton
- Implemented a new wastewater treatment system DTPD12, which allows the recirculation of 100% of the wastewater generated in the FOREL line, thus avoiding dumping.
- Reused 100% of the reject water from demineralization in the reverse osmosis equipment
- Reduced hazardous waste by 22.8%
- Collected 4.6 tons of used oil and use all of it as industrial fuel.
- Recycled 800 kg of waste electrical and electronic equipment (WEEE).
- Recovered 6,486 tons of cullet.
- Production of 70 Tn/day of glass with approximately 30% less energy consumption.
Social Achievements
- Trained 100% of new employees on ethics and compliance strategies
- Trained 75% of employees (4,096 people) on the Compliance Manual and Code of Conduct
- Virtually trained 100% of area heads and ethics leaders on SAGRLAFT and the Ethics and Compliance Program
- Implemented the food casino service for employees
- Implemented the Covid-19 Mission Program, including a medical center with specialized health professionals
- Provided psychological support, training to improve occupational safety, interpersonal relationships, and family dynamics to employees
- Delivered 38 thousand door-to-door food aids with essential products of the family basket
- Purchased directly from growers 2,200 tons of food to be delivered to 50 neighborhoods
- Created “Solidarity Pantries” impacting more than 1,200 families
- Delivered 200 thousand washable masks house to house
- Delivered 53 wheelchairs for low-income people
- Delivered 24 benefits through the Home Improvement program
Governance Achievements
- 100% of new employees trained on ethics and compliance
- 75% of employees trained on Compliance Manual and Code of Conduct
- 100% of area heads and ethics leaders trained on SAGRLAFT and Ethics & Compliance Program
- Adapted its system of self-control and risk management of money laundering and terrorist financing (“SAGRLAFT”) to a self-control system and comprehensive risk management of money laundering, terrorist financing and financing, and proliferation of weapons of mass destruction (SAGRILAFT)
- Maintained the authorization as Authorized Economic Operator for exporters
- Achieved optimal results of the audits carried out by the control authorities in Colombia
- Implemented the new minimum-security criteria of the C-TPAT Importer Program
Climate Goals & Targets
- Execute the other stages of photovoltaic generation until reaching 12 Mwp installed.
Environmental Challenges
- Covid-19 pandemic affecting logistics of recyclable waste recovery
- Fire at the Sorting plant
- Inadequate classification of waste, increase in hazardous waste, chemical spills, increased natural resource consumption, loss of wastewater management system certification
Mitigation Strategies
- Implemented security standards under international norms (C-TPAT and Authorized Economic Operator programs)
- Rebuilt the Sorting plant in 37 days
- Implemented controls to manage risks and ensure EMS achieves expected results
- Implemented identification and proper classification strategies to reduce hazardous waste
- Implemented a new wastewater treatment system
- Reused reject water from demineralization
- Installed 7 hand-washing basins
- Expanded water storage capacity
Supply Chain Management
Responsible Procurement
- Vendor registration and updating business partners
- Risk level analysis to focus knowledge and validation visits to suppliers and customers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, Global Compact
Certifications: ISO 9001, ISO 14001, ISO 45001, Authorized Economic Operator, C-TPAT Importer
Sustainable Products & Innovation
- Laminated glass
- Insulating glass
- Silkscreen glass
- Digital print glass
- Tempered glass
- Low Emissivity glass
- TecnoBend curved glass
- UltraView glass
- Aluminum products
- Windows and doors
- Curtain walls
- Interior partitions
- Window walls
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Enhancing Our Environment
- Leading in Eco-Efficiency and Innovation
- Promoting Continuous Ethical and Responsible Growth
Environmental Achievements
- Achieved Water Positive status
- Measured water footprint
- Measured greenhouse gas emissions (GHG) covering Scope 1, 2, and 3
- Implemented energy efficiency improvement project, replacing generators with more efficient units and implementing cogeneration systems
- Generated 3.6% of energy consumed by photovoltaic energy at zero cost
- Generated 33,024 MWh of clean energy from photovoltaic generation plant
- Increased recycling by 21%
- Reduced paper recycling by 32% due to PaperLess project
Social Achievements
- Zero cases of corruption reported
- Low accident rates reflecting continuous improvements in workplace safety
- Numerous social projects implemented benefiting employees and communities
- Collaboration with the National Ombudsman’s Office to promote Human Rights
- Zero reports of human rights violations
- Zero incidents of forced or compulsory labor
- All employees of legal age
- Zero reports of discrimination
- Active promotion of social inclusion of employees with disabilities
Governance Achievements
- Zero reported cases of corruption on the ethics hotline
- 100% of new employees trained on the Ethics and Compliance Program
- 100% of reported and consulted cases on the ethics hotline satisfactorily handled
- 100% of ethics leaders trained on counterpart engagement procedures
Climate Goals & Targets
- Achieve carbon neutrality
- Obtain carbon neutrality certification
- Third-party verification of GHG inventory
- Certification of carbon footprint of aluminum and glass production plants
- Maintain authorizations for AEO and CTPAT programs with continuous improvement
- Continue implementation of AEO program as an exporter at C.I. ES Metals S.A.S.
Environmental Challenges
- Climate change
- Supply chain security
- Maintaining business resilience in an uncertain environment
Mitigation Strategies
- Measuring carbon footprint, consolidating neutrality strategy, developing GHG inventory, implementing mitigation and compensation strategies
- Adhering to C-TPAT and Authorized Economic Operator programs, implementing advanced technologies for supply chain visibility and traceability, implementing industry best practices for security measures
- Vertical integration, strategic location in Colombia, low level of indebtedness, strong liquidity, state-of-the-art manufacturing
Supply Chain Management
Supplier Audits: Null (Number or percentage not specified)
Responsible Procurement
- Adherence to C-TPAT and Authorized Economic Operator programs
- Implementation of industry best practices for supply chain security
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards 2021, UN Global Compact, SASB
Certifications: ISO 9001:2005, SOX compliant since 2017, Authorized Economic Operator, C-TPAT Importer Program (Tier 3), ISO 14001:2015, ISO 45001:2018, NTC 1578:2011, NTC 2409:1994, ANSI Z97.1-2015, ASTM E2190, Vitro Certified International Manufacturer, Good handling of SentryGlas, Butacite and Trosifol products, PPG Industries CAP, NFRC, NOA, FBC
Third-party Assurance: BDO Audit S.A.S BIC (limited assurance)
UN Sustainable Development Goals
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 13 (Climate Action)
- Goal 17 (Partnerships for the Goals)
Various initiatives contribute to these goals through job creation, sustainable innovation, climate change mitigation, and stakeholder collaboration
Sustainable Products & Innovation
- ES-UN625 thermal window system
Awards & Recognition
- Not disclosed