Climate Change Data

KEUCO GmbH & Co. KG

Climate Impact & Sustainability Data (2021-2022)

Reporting Period: 2021-2022

Environmental Metrics

Total Carbon Emissions:1307.6 tCO2e (2021, Scope 1 & 2); Data for 2022 not yet available
Scope 1 Emissions:1245.3 tCO2e (2021)
Scope 2 Emissions:2489.1 tCO2e (2021)
Scope 3 Emissions:Data not available
Renewable Energy Share:Data not available
Total Energy Consumption:30,890.3 GJ (2021); Data for 2022 not yet available
Water Consumption:14,598 m³ (2022)
Waste Generated:Data not available
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable Innovations
  • Sustainable Production
  • Sustainable Supply Chains
  • Climate Protection

Environmental Achievements

  • Reduced water consumption from 15,947 m³ in 2021 to 14,598 m³ in 2022.
  • Replaced exhaust air systems in Hemer grinding shop in 2012 with heat recovery.
  • Replaced approximately 182 sqm of window area in 2021 and 2022 with modern thermally insulated windows.
  • Converted lighting in goods distribution center to energy-saving LEDs in 2021.

Social Achievements

  • Implemented flexible working time models.
  • Offered flex office arrangements.
  • Provided custom-made earmoulds for hearing protection.
  • Offered comprehensive occupational health examinations and vaccinations.

Governance Achievements

  • Established a central ESG management with regular progress reports to the Executive Board.
  • Developed a KEUCO Code of Conduct (in preparation).

Climate Goals & Targets

Long-term Goals:
  • Climate neutrality along the entire value chain by 2045.
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 40% by 2032.
  • Reduce fuel consumption for motor vehicles by 15% by 2031.
  • Assess 100% of new suppliers based on social criteria from 2024.
  • Screen 80% of critical suppliers for human rights compliance by 2025.
  • Achieve climate neutrality (at least Scope 1 and 2) by 2045.
Short-term Goals:
  • Assess 80% of suppliers for environmental and social sustainability by end of 2023.
  • Reduce electricity consumption by 5% by 2026.
  • Reduce gas and district heating consumption by 10% by 2026.
  • Reduce waste by 10% by 2026.
  • Increase own generation from photovoltaics to 5% by 2025.

Environmental Challenges

  • Resource scarcity (water, energy)
  • Climate change risks to supply chains and production
  • Legal requirements and associated costs (e.g., Supply Chain Due Diligence Act)
  • Shortage of skilled workers
  • Human rights violations in the supply chain (low probability, but high impact)
  • Energy-intensive electroplating process
  • Gas-based generation of process-related heat
Mitigation Strategies
  • Implementing energy efficiency projects and creating a holistic energy monitoring system.
  • Switching to 100% renewable energy by 2024.
  • Expanding own renewable energy production.
  • Reducing fleet consumption.
  • Assessing 80% of suppliers for environmental and social sustainability aspects by end of 2023.
  • Assessing 100% of new suppliers based on social criteria from 2024.
  • Screening 80% of critical suppliers for human rights compliance by 2025.
  • Developing alternative electroplating process (Cr VI replacement).

Supply Chain Management

Supplier Audits: 80% of existing and future suppliers to be assessed by end of 2023; 100% of new suppliers assessed from 2024 based on social criteria.

Responsible Procurement
  • Compliance with ethical standards, responsible working practices, occupational health and safety, and environmental protection.

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity, climate change impacts on supply chains and production
Transition Risks
  • Legal requirements and associated costs
Opportunities
  • Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: German Sustainability Code (DNK), Global Reporting Initiative (GRI), United Nations Development Goals (SDGs), International Labour Organisation (ILO)

Certifications: WELL (Water Efficiency Labelling) for PLAN blue single-lever basin mixer

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Various SDGs are mentioned throughout the report, but not explicitly listed.

The report aligns with various UN SDGs, but lacks a comprehensive mapping.

Sustainable Products & Innovation

  • PLAN blue fittings (water and energy saving)
  • Products designed for longevity and recyclability

Awards & Recognition

  • WELL certification for PLAN blue single-lever basin mixer