Labomar
Climate Impact & Sustainability Data (2020-2021, 2022)
Reporting Period: 2020-2021
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Supply Chain Sustainability
- HR Policies Development
- Benefit Society - B Corp Certification
Environmental Achievements
- Reduction in plastic and paper consumption
- Separate waste collection in partnership with RENEWABLE ENERGY sources
- Purchase of the first electric car
- Sustainable packaging initiatives (BIO-PE, PLA, R-PET, FSC certified paper, recycled paper, biodegradable labels)
Social Achievements
- Development and donation of hand sanitizer gel
- Donations to Casa Religiosa Domus Nostra
- Creation of a corporate book to collect vision, mission, and values
- Planting trees to create a community area
- Wellbeing initiatives (welfare portal with access to benefits and services)
- Internal communication programs
- Training programs at all organizational levels
- Employee engagement initiatives
Governance Achievements
- Redefinition of Values, Vision, and Mission to sustain sustainable growth
- Development of a Leadership Model to address personnel development initiatives
- Implementation of a new supplier evaluation criteria focusing on sustainability
- Continuous monitoring system for supply chain sustainability
- B Corp certification process underway
Climate Goals & Targets
Short-term Goals:
- Achieve B Corp certification
Environmental Challenges
- Alignment of personal and company values
- Attracting and recruiting the best competences
- Identifying and developing key people and managerial capabilities
- Engaging and retaining employees
- Performance improvement
- Integration and standardization of processes
Mitigation Strategies
- Redefinition of Values, Vision, and Mission
- Employer branding initiatives (cooperation with universities, headhunting)
- Training programs and competence assessments
- Career paths for key employees
- Wellbeing initiatives
- Lean Manufacturing approach and KPI management
- Process redesign and introduction of new digital tools
Supply Chain Management
Responsible Procurement
- New supplier evaluation criteria including sustainability aspects
- Sustainable supply chain goal: selecting, qualifying, and monitoring suppliers according to sustainability criteria
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI (Global Reporting Initiative)
Reporting Period: 2022
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
- CO2 emissions reduction
Environmental Achievements
- Investment of EUR 13.5M planned over 2023-24 for a new plant (L6) aimed at optimizing inbound logistics flows, reducing CO2 emissions and operating costs.
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
- Cost inflation
- Low stock liquidity and market float
- Still too focused on the domestic market despite a growing internationalization trend
Mitigation Strategies
- Implementation of selling price increases (approx. 10% in 2023)
- Investment in new L6 plant to optimize logistics and reduce costs
- 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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed