NIBSA S.A.
Climate Impact & Sustainability Data (2020, 2020-12 to 2021-12, 2021-01-01 to 2021-09-30, 2021-12 to 2022-12, 2023, 2023-03, 2023-06, 2024-01-01 to 2024-09-30)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Diversity
- Employee Well-being
Social Achievements
- Implemented protocols and procedures to avoid contagion and ensure the health and well-being of workers during the pandemic.
Climate Goals & Targets
Environmental Challenges
- Pandemic impacted sales and market contraction in the construction sector.
- Supply chain disruptions due to the pandemic.
Mitigation Strategies
- Reduced expenses, adjusted inventory volume, and improved gross contribution margins.
- Obtained loans under the FOGAPE-COVID19 program to address economic uncertainty.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-12 to 2021-12
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to problems observed in the supply of imported products that have generated significant delays in international trade.
Mitigation Strategies
- Increased short-term bank debt to finance purchases of merchandise in foreign trade using letters of credit.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Kreston Macro Consultores Auditores SpA
Reporting Period: 2021-01-01 to 2021-09-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increased operations of merchandise purchases in foreign trade financed with letters of credit in 2021 compared to 2020, due to problems observed in the supply of imported products that have generated significant delays in international trade.
Mitigation Strategies
- The company monitors cash flow projections in the short and long term, managing surplus liquidity and preventing cash shortages in advance. The company maintains a balanced structure between short-term and long-term obligations to reduce interest rate fluctuations, structuring a larger portion of its bank liabilities in the long term.
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: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021-12 to 2022-12
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Board Diversity
- Workforce Diversity
Social Achievements
- Increased the number of clients served by 38% in 2023 compared to 2022 through the opening of new stores and increased commercial coverage.
Climate Goals & Targets
Environmental Challenges
- Lack of price competitiveness against competitors.
- Decreased revenue due to lack of competitiveness in prices.
Mitigation Strategies
- Developing new commercial strategies and efficiently managing operational and distribution costs.
- Differentiating the value proposition of NIBSA and ITALBRASS brands and enhancing marketing and sales strategies.
- Implementing a new NETSUITE ERP system to automate and manage company processes.
- Establishing a new logistics center in Pudahuel to improve inventory control, delivery times, and customer service.
- Opening two new physical stores to increase the number of specialist and B2C clients.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-03
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NIIF
Reporting Period: 2023-06
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NIC 34 Información Financiera Intermedia
Third-party Assurance: Grant Thornton Auditoría y Servicios Ltda.
Reporting Period: 2024-01-01 to 2024-09-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- 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: NIIF
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed