Climate Change Data

NR Spuntech Industries Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:245,040 tCO2e
Scope 1 Emissions:12,350 tCO2e
Scope 2 Emissions:20,568 tCO2e
Scope 3 Emissions:212,126 tCO2e
Water Consumption:250,888 m3
Waste Generated:4,918 tons
Carbon Intensity:4.78 tCO2e/ton manufactured (2023)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced greenhouse gas emissions intensity by 12% compared to 2019.
  • 91% of all waste was sent to recycling in 2023.
  • Reduced water consumption intensity by 9% compared to 2019.

Social Achievements

  • Conducted second consecutive employee engagement survey in 2023.
  • Provided support to employees during the 2023 Israel conflict, including extended work accommodations, flexibility, relocation assistance, and resilience training.
  • Initiated a donation program to support affected communities during the 2023 Israel conflict.

Governance Achievements

  • Published inaugural ESG report.
  • Appointed a Global Q.A & Environment Manager to oversee ESG issues.
  • Updated code of ethics in 2022.

Climate Goals & Targets

Long-term Goals:
  • Reduce turnover and attrition rates to 15%.
Medium-term Goals:
  • Conduct Lifecycle Analyses for an expanded range of products.
Short-term Goals:
  • Purchase only renewable electricity and Renewable Energy Certificates for global assurance by mid-2025.
  • Achieve zero instances of non-compliance in waste separation surveys.

Environmental Challenges

  • Supply chain disruptions due to the 2023 Israel conflict.
  • Maintaining water quality and cost-effective recycling of process water.
  • Meeting customer demands while increasing the use of sustainable raw materials.
Mitigation Strategies
  • Provided support to employees affected by the 2023 Israel conflict.
  • Implemented a closed-loop filtration system for water recycling.
  • Increased sourcing of low-carbon intensive or sustainable raw materials; actively seeking new collaborators willing to participate in the development of sustainable alternatives.

Supply Chain Management

Supplier Audits: Annual

Responsible Procurement
  • Supplier Code of Ethics
  • Prioritization of environmentally and socially aware suppliers
  • Traceability of materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Pulp and Paper indexes

Certifications: ISO 14001, ISO 45001, ISO 9001, FSC, ISO 27001, OEKO-TEX, PEFC, SMETA (USA site)

UN Sustainable Development Goals

  • Goal 3: Good Health and Well-being
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 13: Climate Action

Spuntech's initiatives contribute to these goals through sustainable production practices, employee well-being programs, and climate action initiatives.

Sustainable Products & Innovation

  • Products using Hemp and PLA-based compostable fibers; products using natural fibers such as cotton, recycled cotton, flax, viscose, and lyocell.

Awards & Recognition

  • EcoVadis Silver Medal (2022), Bronze Medal (2023)