Climate Change Data

Coster Tecnologie Speciali S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:155.320 tCO2e/year (Scope 3 recalculated with new emission factors)
Scope 1 Emissions:1.119 tCO2e/year
Scope 2 Emissions:567 tCO2e/year (market-based)
Scope 3 Emissions:155.320 tCO2e/year
Renewable Energy Share:84% of total energy use
Total Energy Consumption:55.492.277 kWh/year
Water Consumption:663.056 m3/year
Waste Generated:3.131 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Supply Chain
  • Water Footprint
  • Waste Management
  • Employee Well-being
  • Diversity & Inclusion
  • Community Partnerships

Environmental Achievements

  • Reduced absolute market-based Scope 1 + Scope 2 CO2 emissions by 36% vs 2021
  • Reduced waste disposal to landfill by 78% vs 2021
  • 84% green electricity at Group level
  • 79% green electricity in Europe
  • Two sites obtained environmental and energy certifications (ISO 14001 and ISO 50001 respectively)
  • Increased recycled plastic products by 5 new references in PCR

Social Achievements

  • Launched 2nd year of CosterCares program worldwide, with 20 seminars and 878 participants
  • Vocational guidance for employees’ children
  • Community volunteering activities across multiple locations
  • Donations to after-school program in India

Governance Achievements

  • Established a new purpose and vision
  • Published new group policies
  • No reports to Whistleblowing scheme

Climate Goals & Targets

Long-term Goals:
  • Achieve several sustainable goals by 2030 (detailed KPIs in report)
Medium-term Goals:
  • Scope 1 & 2 neutrality (market based) by 2027
  • Scope 3 reduction targets achievement by 2028
Short-term Goals:
  • Zero Waste to Landfill management program (first goal in 2024)
  • Extension of energy certifications (ISO 50001)
  • Worldwide extension of environmental certifications (ISO 14001)

Environmental Challenges

  • Global political, economic, social, and environmental uncertainty
  • Supply chain disruptions
  • High inflation rates
  • Prolongation of world conflicts
  • Difficulty obtaining reliable data for some sites
Mitigation Strategies
  • Resilience and transformation of threats into opportunities
  • Purchasing strategy to reduce dependence on strategic suppliers
  • Geographical diversification and product mix to increase sales
  • Limited use of external financial sources
  • Assumption of consistent data for French offices due to data unavailability

Supply Chain Management

Supplier Audits: 87% of top 15 suppliers assessed by CSR audit in 2023

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability requirements in supply contracts
  • SMETA IV Pillars audits

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Coster's initiatives contribute to these goals through various programs and actions detailed in the report.

Sustainable Products & Innovation

  • Refillable BOV
  • Digital Printing technology
  • Products with PCR plastics
  • POM-free products

Awards & Recognition

  • ADF Innovation Award 2023 (Refillable BOV)
  • BAMA Aerosol Packaging Award 2023 (Digital Printing technology)
  • EcoVadis Gold medal