Visscher-Caravelle Automotive Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Renewable Energy Share:24% (Visscher-Caravelle Poland); 30% (VC Yimeng)

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Significant reductions in energy consumption at Visscher-Caravelle Poland (14% decrease in three years despite 9% sales increase)
85% of waste directed toward circular solutions
1.5% cutting waste saved by implementing various nesting projects

Social Achievements

Empowering leadership trainings for 80 leaders across Visscher-Caravelle companies
Various initiatives promoting employee well-being (physiotherapy sessions, space improvements)
Community engagement activities (school supplies for local kids in Mexico, awareness for Women’s Day)

Governance Achievements

Preparation for the Corporate Sustainability Reporting Directive (CSRD) compliance from 2025
Implementation of a carbon footprint calculation tool (Ecoserve)
Development and communication of a Global Code of Conduct, Supplier Code of Conduct, and Global Grievance Policy

Climate Goals & Targets

Long-term Goals:

Achieve a 100% upstream carbon neutrality supply chain by 2039
Achieve net zero impact by 2039

Medium-term Goals:

Achieve carbon neutrality at all key impact suppliers for VC relevant manufacturing operations by 2026
Achieve carbon neutrality at all direct suppliers for VC relevant manufacturing operations by 2030
Develop sustainable content solutions with a minimum of 70% for all product groups with 80% of the sales volumes by 2030
Achieve all manufacturing operations and locations environmental-friendly by 2030
Create raw materials out of the production waste: 25% by 2025, and 100% by 2030

Short-term Goals:

Develop a climate-neutral travel policy by 2024
Reduce carbon emissions of transport with 80% by 2025
Achieve carbon neutrality at all manufacturing operations and locations by 2024
Reduce the proportional waste of production by 3% of the material volumes per year
Develop recyclable product solutions with a minimum of 70% for all product groups respectively with 50% of the sales volumes by 2025, and 100% by 2030
Develop recycling technologies for all product groups respectively with 50% of the sales volumes by 2025, and 100% by 2030

Environmental Challenges

Inaccurate scope 3 emissions calculations due to lack of supplier data
Textile waste ending up as fuel for the cement industry

Mitigation Strategies

Development of a carbon footprint software (Ecoserve) to calculate upstream supply chain emissions
Rethinking product design to make them recyclable with higher recycled content and lower carbon footprint
Researching solutions to recover all-weather mats for recycling

Supply Chain Management

Responsible Procurement

Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

Not disclosed

Transition Risks

Not disclosed

Opportunities

Not disclosed

Reporting Standards

Frameworks Used: UNGC/COP

Certifications: ISO 14001 (Netherlands offices and plants), ISO 45001 (Poland plant)

Climate Change Data