Climate Change Data

Terma A/S

Climate Impact & Sustainability Data (2020-03 to 2021-02)

Reporting Period: 2020-03 to 2021-02

Environmental Metrics

Total Carbon Emissions:24,501 tCO2e/year
Scope 1 Emissions:235 tCO2e/year
Scope 2 Emissions:1,954 tCO2e/year
Scope 3 Emissions:24,501 tCO2e/year
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

  • Anti-Corruption
  • Diversity
  • Employee Health & Mental Well-Being
  • Employee Safety
  • Human Rights
  • Responsible Supply Chain Management

Environmental Achievements

  • Developed a solution for recycling expanded polystyrene (EPS) and plastic foils.

Social Achievements

  • Launched an e-learning for employees on how to prevent and handle stress.
  • Launched a recruitment e-learning and assessment tool to support objectivity and diverse decision-making when recruiting.
  • Improved Lost Time Injury Frequency Rate (LTIFR) from 4.5 in FY2018/19 to 0.9 in FY2019/20.

Governance Achievements

  • Strengthened the Anti-Corruption Compliance Program.
  • Updated due diligence procedures for Terma's third parties.
  • Updated human rights policy in accordance with the requirements of the UNGPs.
  • Developed a Responsible Supply Chain Management Program.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reach a world class safety level in all Terma locations.
  • Decrease Lost Time Injuries Frequency Rate (LTIFR) by 50% by 2023.
Short-term Goals:
  • Reduce female sick leave absence to maximum 4.2% by end FY2022/23.

Environmental Challenges

  • COVID-19 pandemic impacting operations and employee well-being.
  • Media scrutiny regarding exports to the UAE.
  • High sick leave absence among female hourly paid employees.
  • Challenges in finding an economically and environmentally sound solution for recycling EPS and plastic foils.
Mitigation Strategies
  • Implemented global survey to assess employee well-being during work from home.
  • Developed virtual leadership training.
  • Updated and strengthened internal processes and training.
  • Improved third-party due diligence process.
  • Developed a solution for recycling EPS waste.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Developed a Business Relationship Code of Conduct.
  • Developed a self-assessment tool for suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed