Climate Change Data

Bulab Holdings, Inc.

Climate Impact & Sustainability Data (2016, 2021-2022, 2023)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:14,775 metric tons of CO2 (Scope 1) and 11,591 metric tons of CO2 (Scope 2) in 2016
Scope 1 Emissions:14,775 metric tons of CO2 in 2016
Scope 2 Emissions:11,591 metric tons of CO2 in 2016
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:184,751 GJ (direct) and 98,842 GJ (indirect) in 2016
Water Consumption:262,727 m3 in 2016
Waste Generated:3335.75 tons in 2016
Carbon Intensity:Provided GHG emissions intensity data (kg per tonne of production)

ESG Focus Areas

  • Environmental
  • Social
  • Governance
  • Economic

Environmental Achievements

  • Reduced direct energy consumption by 1.7% since 2015 baseline
  • Reduced indirect energy consumption by 4.2% since 2015 baseline
  • Reduced total water withdrawn by 3% since 2015 baseline
  • Reduced direct GHG emissions (Scope 1) by 2.7% since 2015 baseline
  • Reduced indirect GHG emissions (Scope 2) by 3.5% since 2015 baseline
  • Reduced total water discharge intensity by 21% since 2015 baseline
  • Reduced total waste by 4.7% since 2015 baseline

Social Achievements

  • Improved occupational incident rating to 0.49 in 2016 from 1.9 in 2002
  • Improved lost workday cases to 0.11 in 2016 from 0.7 in 2002
  • 85% of associates feel their job gives them the opportunity to do interesting and challenging work
  • 97% of associates feel empowered to take actions that prevent safety incidents
  • 61% of associates feel highly enabled and engaged
  • 85% of associates feel they have opportunities to have their ideas adopted and put into use
  • Named one of LearningElite’s top organizations by Chief Learning Officer magazine

Governance Achievements

  • 100% of nine operating companies analyzed for risks related to corruption; no incidents uncovered
  • All upper-level managers completed Foreign Corrupt Practices Act training
  • Established a risk management committee at the board level

Climate Goals & Targets

Short-term Goals:
  • Reduce nonrenewable direct energy consumption by 10% by 2020 (from 2015 baseline)
  • Reduce indirect energy consumption by 10% by 2020 (from 2015 baseline)
  • Reduce water consumption by 10% by 2020 (from 2015 baseline)
  • Reduce direct GHG emissions (Scope 1) by 10% by 2020 (from 2015 baseline)
  • Reduce indirect GHG emissions (Scope 2) by 10% by 2020 (from 2015 baseline)
  • Reduce total water discharged intensity by 10% by 2020 (from 2015 baseline)
  • Reduce total waste by 10% by 2020 (from 2015 baseline)

Environmental Challenges

  • Associate concerns about Buckman’s future business prospects, organizational structure, and resource allocation
Mitigation Strategies
  • Executive management and Global Continuous Improvement Workgroup review associate concerns and take organizational actions; local teams engage associates in action planning

Supply Chain Management

Supplier Audits: 100% of raw material and PFT suppliers screened using environmental criteria

Responsible Procurement
  • Buckman Code of Conduct; ISO 14001 and ISO 9001 registered sourcing policies and programs; collaborative model for supplier engagement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Core

Certifications: ISO 9001, ISO 14001, OHSAS 18001 (in many operating companies)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

  • Green enzymatic technology to replace traditional chlorine-based pulp bleaching chemistries

Awards & Recognition

  • LearningElite’s top organizations by Chief Learning Officer magazine

Reporting Period: 2021-2022

Environmental Metrics

Total Carbon Emissions:22,759 tons CO2e
Scope 1 Emissions:12,259 tons CO2e
Scope 2 Emissions:10,500 tons CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:18.4% of indirect energy
Total Energy Consumption:200,099 GJ (1.09 MJ/kg production)
Water Consumption:532,056 m3
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Increased the amount of indirect energy purchased from renewable sources by 130% since 2020.
  • Increased the volume of treated and recycled process effluent by 8% from 2020 to 2022.
  • Achieved a 6% reduction in cubic meters of effluent discharge per kg production in 2022 compared to 2020.

Social Achievements

  • Global OIR remained at or below the target of .50, ending the year with an OIR of .53 and LTIR of .24.
  • Launched Buckman Safety Week in 2021 with 7,538 attendees in 2022.
  • No work-related ill health incidents in 2021 or 2022.

Governance Achievements

  • No incidents of corruption during the reporting period.
  • No legal actions against Buckman for anticompetitive behavior, antitrust or monopoly practices.
  • No customer privacy breaches or loss of customer data.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Maintain an OIR of 0.2 or below and an LTIR of 0.05 or below by 2030.
Short-term Goals:
  • Reduce water consumption by 20% by 2025 (2020 baseline)
  • Reduce waste by 20% by 2025 (2020 baseline)
  • Reduce liquid effluent waste by 20% by 2025 (2020 baseline)
  • Reduce GHG emissions by 15% by 2025 (2020 baseline)

Environmental Challenges

  • Performance Gap: Risk of failing to meet financial performance expectations.
  • Business Interruption: Risk of interruptions to critical operations and processes.
  • Competitor: Risk of competitors establishing a competitive advantage.
  • External Economic and Financial: Risk of external events negatively impacting business.
  • Regulatory Compliance: Risk of failing to comply with laws and regulations.
  • Product/Service Failure: Risk of product failure or poor customer advice.
  • Information System Integrity: Risk of information system failure.
Mitigation Strategies
  • Diversification of supplier base
  • Design of delivery, monitoring solutions
  • Focused R&D projects
  • Disciplined approach to accelerate improvement
  • C-suite leadership forum to increase ownership
  • All Managers Connect to recognize managers and their teams
  • HR worked closely with managers to ensure they clearly understood the gaps, developed SMART goals and steps to ensure effective implementation
  • Held focus groups to prioritize areas that required more help and support

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Buckman Fundamentals
  • ISO 14001 Environmental/ISO 9001 Quality Management Systems registered sourcing policies and programs
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Access to raw materials
  • Prolonged supply chains
  • Price increases
Transition Risks
  • Changes in consumer sentiment
  • Regulatory changes
  • Cost of capital
Opportunities
  • Developing products and services to help other organizations operate more efficiently and sustainably.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001 (Buckman North America and Digital Innovation Hub in India)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3: Good Health and Well-being
  • SDG 4: Quality Education
  • SDG 6: Clean Water and Sanitation
  • SDG 8: Decent Work and Economic Growth
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action
  • SDG 16: Peace, Justice and Strong Institutions

Buckman's initiatives contribute to these goals through various programs and practices related to employee well-being, safety, environmental protection, community engagement, and ethical business conduct.

Sustainable Products & Innovation

  • Ackumen™ digital platform and related solutions

Awards & Recognition

  • US EPA Green Chemistry Challenge Award for Optimyze® and Maximyze® technologies

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:19,279 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:11,263 tCO2e/year
Scope 2 Emissions:8,016 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:23.1% (indirect energy)
Total Energy Consumption:270,892 GJ/year
Water Consumption:577.139 Ml/year (withdrawn)
Waste Generated:10,774 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Responsibility
  • Social Responsibility
  • Governance
  • Business Responsibility

Environmental Achievements

  • 12% reduction in Scope 1 emissions and a 22% reduction in Scope 2 emissions in 2023 compared to 2020.
  • South Africa plant treated and reused 383 tons of process water.
  • Substantial results with investments in water treatment infrastructure in SA and Brazil, enabling wastewater reduction and increased recycling/reuse.

Social Achievements

  • Global OIR (Occupational Injury Rate) remained below the target of .50; ended the year with an OIR of .18 and LTIR of .06.
  • 6,335 attendees participated in the annual Global Safety Week across 132 workshops.
  • 83% of the total workforce received career- or skills-related training across 15 different skill training programs/pathways.

Governance Achievements

  • Zero incidents of corruption uncovered through external and internal financial audits.
  • 100% of Buckman’s trading partners covered by a due diligence process managing and mitigating potential risks.
  • 1,186 associates (74%) were trained in business ethics.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Maintain an OIR of 0.2 or below by 2030.
  • Achieve an LTIR of 0.05 or below by 2030.
  • Achieve 51% of suppliers (by spend) to sign our sustainable procurement charter by 2025, and 80% (of supply chain spend) by 2030.
  • Achieve 60% (by spend) of our direct suppliers covered with contracts or binding purchase orders that include clauses on environmental, labor, and human rights requirements by 2028.
Short-term Goals:
  • Reduce energy consumption to 268,134 GJ by 2025 (15% reduction from 2020 baseline).
  • Reduce water consumption by 20% by 2025 (2020 baseline).
  • Reduce total waste by 20% by 2025 (2020 baseline).
  • Reduce liquid effluent waste by 20% by 2025 (2020 baseline).

Environmental Challenges

  • Performance gap risk (failure to meet financial performance expectations).
  • Business interruption risk (due to accidents, natural disasters, pandemics, etc.).
  • Competitor risk (establishing or sustaining a competitive advantage over Buckman).
  • External economic and financial risk (economic downturn, political crisis, etc.).
  • Regulatory compliance risk (failure to comply with laws and regulations).
  • Product/service failure risk (product failure, poor advice to customers).
  • Information system security risk (system failure, data breaches).
Mitigation Strategies
  • Risk management processes, including a Global Risk Matrix.
  • Investments in information system security, including ISO 27001 audits and penetration tests.
  • Diversification of supplier base, design of delivery, monitoring solutions, and focused R&D projects to mitigate climate change risks.
  • Disciplined approach to accelerate improvement and C-suite leadership forum to increase ownership.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Integration of social and environmental clauses into purchase order contracts
  • Sustainability criteria in supplier selection (GHG information, business continuity plan, diverse ownership).

Climate-Related Risks & Opportunities

Physical Risks
  • Access to raw materials
  • Prolonged supply chains
  • Price increases
Transition Risks
  • Changes in consumer sentiment
  • Regulatory changes
  • Cost of capital
Opportunities
  • Innovation in products and services to meet the challenge for other organizations.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001, ISO 27001 (Buckman North America and Digital Innovation Hub in India)

Third-party Assurance: AA1000AS v3 2020 standard; Type 2 Moderate level of assurance

UN Sustainable Development Goals

  • SDG 3 (Good Health and Well-being)
  • SDG 4 (Quality Education)
  • SDG 6 (Clean Water and Sanitation)
  • SDG 8 (Decent Work and Economic Growth)
  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)
  • SDG 16 (Peace, Justice and Strong Institutions)

Buckman's commitment to the UN Global Compact and its materiality assessment drove attention to these goals.

Sustainable Products & Innovation

  • Solutions designed to reduce environmental impact and promote efficiency (stronger, lighter sustainable packaging, etc.).

Awards & Recognition

  • US EPA Green Chemistry Challenge Award for Optimyze® and Maximyze® technologies.