Climate Change Data

Quadpack Industries, S.A.

Climate Impact & Sustainability Data (2020, 2021-02 to 2022-01)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Global Expansion
  • Agility
  • Collaborative Innovation
  • Being a great place to work

Environmental Achievements

  • Launched environmental impact assessments of products and operations
  • Quadpack Wood’s new biomass plant saving over 160,000 litres of fossil fuel consumption each year
  • EcoVadis Gold Medal

Social Achievements

  • Quadpack Foundation helped over 40,000 people
  • Reinforced management team and talent pool
  • Launched first Annual Report and CSR Report

Governance Achievements

  • Improved ESG standards
  • Proactive saving measures and successful relationship with banks, clients, and partners

Climate Goals & Targets

Environmental Challenges

  • 2020 pandemic acting as a ‘stress test’ to the business
Mitigation Strategies
  • Strategy prepared the company for difficult times
  • Global expansion plans were not interrupted
  • Improved footprint in key European markets
  • Expanded service offer in the Americas
  • Long-term digital transformation project
  • Manufacturing in the region, for the region strategy

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO26000, UN Sustainable Development Goals

Awards & Recognition

  • EcoVadis Gold Medal

Reporting Period: 2021-02 to 2022-01

Environmental Metrics

Total Carbon Emissions:47,522.45 tCO2e/year
Scope 1 Emissions:1,669.69 tCO2e/year
Scope 2 Emissions:19.39 tCO2e/year
Scope 3 Emissions:45,833.37 tCO2e/year
Renewable Energy Share:100%
Total Energy Consumption:15,890.06 MWh/year
Water Consumption:2.51 megalitres/year
Waste Generated:563.05 tons/year
Carbon Intensity:0.46 tCO2eq per thousand euros of turnover in 2021.

ESG Focus Areas

  • Human rights
  • Labor standards
  • Environment
  • Anti-corruption
  • Sustainable Development Goals (SDGs)

Environmental Achievements

  • Achieved carbon neutrality in 2021 (Scopes 1 and 2) through initiatives like the installation of a biomass plant at Quadpack Wood and investment in a reforestation project.
  • Increased the use of post-consumer recycled PET by 100%.
  • Used renewable electricity at 100% of manufacturing sites and seven locations.
  • Reduced GHG emissions from 38,650.58 tCO2eq in 2020 to 47,522.45 tCO2eq in 2021.

Social Achievements

  • Launched a new profit-sharing scheme for all Quadpackers globally.
  • Reduced the wage gap between men and women.
  • Increased the percentage of employees on permanent contracts to 88.7%.
  • Organized 25 projects in ten different countries through the Quadpack Foundation.
  • 107 Quadpackers participated in volunteering activities.

Governance Achievements

  • Appointed the first independent members to the Board of Directors, improving diversity and governance.
  • Updated Anti-Bribery and Anti-Corruption Policy and Code of Ethics.
  • Launched a whistle-blowing channel managed by an external provider.
  • Fully constituted three new committees focused on sustainability, audit and risk, and remunerations and nominations.

Climate Goals & Targets

Long-term Goals:
  • Become a climate-positive company and actively contribute to climate protection.
Medium-term Goals:
  • By 2025, all undecorated products in the portfolio should be recyclable, compostable, or refillable.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain delays impacting turnover.
  • Inflationary pressure eroding gross margin.
  • Increased staff turnover (doubled from 2020, attributed partly to the post-pandemic situation).
  • Rising costs of freight, energy, and raw materials.
  • War in Ukraine causing volatility in energy and raw material markets.
Mitigation Strategies
  • Price increases throughout the year to protect margins.
  • Development of a value proposition plan to address staff turnover in 2022.
  • Active management of pressures to maintain profitability margins.
  • Investments in sustainable manufacturing, operational efficiency, and digital transformation (€10 million).

Supply Chain Management

Supplier Audits: 12 suppliers assessed for environmental impact and 12 for social impact in 2021.

Responsible Procurement
  • Supplier Code of Conduct signed by all suppliers.
  • Sustainable sourcing policy.
  • Social and environmental issues addressed in supplier selection.
  • Whistle-blowing channel for reporting irregularities.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001, ISO 9001 (Louvrette site), PEFC™, FSC®, ISCC+

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Quadpack is committed to four of the Sustainable Development Goals (SDGs), but the specific goals are not listed in the report.

Sustainable Products & Innovation

  • Woodacity® Regula Airless Refill
  • CANVAS Airless
  • Sulapac® Nordic Collection 50ml jar

Awards & Recognition

  • EcoVadis Gold Medal for Quadpack Group; Silver Medal for Louvrette site.