Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Health and Safety

Environmental Achievements

• All energy consumption is now covered by renewable energy sources.
• Increase in EcoLine sales revenue worldwide by 25.4%
• Increase in EcoLine sales revenue in Germany by 36.3%
• Reintroduction of a take-back system for recycling empty markers.
• Continuous building refurbishment for energy efficiency.
• 71% of all permanent markers, 80% of all board markers, 63% of all ink rollers and 63% of all highlighters in the current product range are refillable.

Social Achievements

• Extension of existing contingency childcare to include childcare provision at special times and in school holidays.
• Addition of the “Nursing & Senior Citizens” network to the service package at the end of 2013.
• Definition of department-based targets with respect to the company’s social responsibility pursuant to ISO 26000 was almost completed in 2013.

Governance Achievements

• Regular and comprehensive information about the situation of the edding Group and its current operations at five Supervisory Board meetings.
• Detailed quarterly reports on the trends in the individual Group companies as well as estimates of future opportunities and risks.
• Reports from the internal control system on the key risks of the Group, the probability of them occurring, their financial effects and their treatment or prevention.

Climate Goals & Targets

Environmental Challenges

• Unclear political and economic conditions in Argentina, in particular the constant import restrictions.
• Inadequate storage capacity at Wunstorf and Ahrensburg.
• Weak trend in Turkey due to adjustment of the pricing and conditions system in the traditional retail sector.
• Unstable political and economic situation in Argentina.
• Difficult import of new production technologies to Argentina due to tighter import restrictions.
• Distribution difficulties in Mexico.
• Declining markets in France due to weak economy.

Mitigation Strategies

• Recommendation of taking more moderate measures to reduce risks whilst maintaining the Argentine business.
• Putting entire German logistics activities out to tender and expanding cooperation with existing outsourcing partner at the Wunstorf site.
• Adjustment of the pricing and conditions system in Turkey.
• Restructuring of the company’s financing strategy in Argentina (capital increase through contributions in kind, in the form of Argentine government bonds).
• Preparation for import of further new production technologies from Germany to Argentina.
• Switching completely to independent sales agents working on a commission basis in Mexico.
• Establishment of the company’s own field sales force in France.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 26000

Sustainable Products & Innovation

• edding permanent sprays
• edding printer cartridges
• EcoLine products

Awards & Recognition

• Product of the Year in the School/Private Demand

Environmental Metrics

ESG Focus Areas

• Corporate Responsibility
• Employee Engagement

Environmental Achievements

• Returned used marker pens were recycled for the first time, extracting approximately eight kilograms of aluminum, four kilograms of other metal and 73 kilograms of plastic per 100 kilos of waste.
• Increased EcoLine sales worldwide by 2% and in Germany by 19%.

Social Achievements

• Organized language training for refugees.
• Donated €100 per employee to charitable organizations.
• Held a Plant for the Planet Climate Academy at the Bautzen production facility.
• Second global employee survey showed positive results, with high employee commitment (89%) and good quality of performance environment (81%).

Governance Achievements

• Formulated medium-term corporate goals (2017-2020) using a balanced scorecard system.
• Introduced a central product information management system (PIM) and an in-house social network.

Climate Goals & Targets

Environmental Challenges

• Difficult economic and political situations in Argentina, Colombia, and Ecuador.
• Declining overseas sales, particularly in Latin America.
• Brexit vote in the UK and political developments in Turkey.
• Increased marketing costs.
• Exchange rate losses due to devaluation of the British pound and Argentine peso.

Mitigation Strategies

• Risk-oriented management and increasing organizational flexibility.
• Currency hedging.
• Optimization of procurement and distribution.
• Restructuring of strategic marketing and implementation of an international trade marketing structure.
• Consolidation and modernization of IT infrastructure.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Ebner Stolz GmbH & Co. KG

Sustainable Products & Innovation

• edding EcoLine products

Awards & Recognition

• Legamaster Magic Notes won Benelux Office Product Award and German Product of the Year award.