Grenevia S.A. (formerly FAMUR S.A.)
Climate Impact & Sustainability Data (2021, 2023-2030)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- environmental factors
- social and employee factors
- climate change
- sustainable development
Environmental Achievements
- minimising environmental footprint through waste management, environment-friendly upgrades, energy and water management, hazardous substance management, and emission reduction. Applies aggregated GRI indicators (Core option).
Social Achievements
- implemented a diversity policy to prevent discrimination and promote equal treatment. Seeks to ensure diversity in governing bodies and key management.
Governance Achievements
- adopted a diversity policy on December 18th, 2017, addressing gender, racial, national, ethnic, religious, philosophical, disability, health, age, psychosexual orientation, gender identity, family status, and lifestyle discrimination.
Climate Goals & Targets
Environmental Challenges
- Developing a new uniform framework for measuring ESG performance and management across all business units due to rapid changes following the launch of a new business segment. Lack of a fully implemented ESG strategy.
- Developing a new uniform framework for measuring and managing the impact of operations on climate change across the organization.
- Not meeting the 30% target for minority group participation in corporate bodies.
Mitigation Strategies
- Developing a new uniform framework for measuring ESG performance and management across all business units.
- Developing a new uniform framework for measuring and managing the impact of operations on climate change across the organization.
- Implementing a diversity policy to promote equal treatment and diversity in governing bodies and key management.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI (Core option)
Reporting Period: 2023-2030
Environmental Metrics
Renewable Energy Share:35% by the end of 2024 (increasing in following years)
ESG Focus Areas
- Sustainable business transformation
- Energy transition
- Modern products and business models
- Effective and responsible organisation
- Employees and society as a key component of climate transition
Environmental Achievements
- By the end of 2024, approximately 35% of energy will come from RES
Social Achievements
- Boosting education and development of employees and local communities
- Developing an organisational culture that promotes equality and diversity
Governance Achievements
- Implementing best international practices in corporate governance, risk management and relations with business partners
- By the end of 2025, relations with 70% of our key suppliers will be based on the Grenevia Sustainability Code
Climate Goals & Targets
Medium-term Goals:
- By 2030, reduce Scopes 1 and Scope 2 emissions by 40% relative to the 2021 level
Short-term Goals:
- By the end of 2024, approximately 70% of the Group’s revenue should be derived from sources other than the thermal coal sector
Environmental Challenges
- Reducing the estimated share of revenue related to the thermal coal sector
Mitigation Strategies
- Developing new segments supporting energy transition
Supply Chain Management
Responsible Procurement
- Relations with 70% of key suppliers based on Grenevia Sustainability Code by end of 2025