Schwan Cosmetics
Climate Impact & Sustainability Data (2021-07 to 2022-06, 2023-07 to 2024-06)
Reporting Period: 2021-07 to 2022-06
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainable Sourcing
- Eco-friendly Packaging
- Employee Well-being
- Gender Equality
- Community Engagement
- Governance
- Anti-Corruption
Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by 61% from 2017 baseline.
- Installed a 930 square meter solar power plant in Toluca, Mexico, saving over 150 tons of CO2 annually.
- Increased Natural Origin Content (NOC) of new formulations to an average of 66%, exceeding the 60% target.
- Reduced water consumption by 11%.
Social Achievements
- Implemented a global focus on promoting women and children, lifelong learning, and supporting underprivileged groups.
- Launched Cosmetic Colors University in Toluca, Mexico, offering training to 15% of the workforce.
- Sponsored scholarships and provided resources to the Karis Foundation in Bogota, Colombia.
- Supported various social causes in the Czech Republic and Brazil.
Governance Achievements
- Established a global whistleblower system.
- Conducted a comprehensive corruption risk assessment.
- Implemented a global information security training program.
Climate Goals & Targets
- Achieve CO2 neutrality by 2040 (Scope 1, 2, & 3)
- Reduce Scope 1 and 2 GHG emissions by 54.2% by 2029/2030 (ahead of target)
- Increase on-site generation of sustainable energy to 30% by 2026/2027
- Reduce virgin plastic materials for primary packaging by 25% by 2025 (postponed)
- Reduce virgin plastic materials for secondary packaging by 25% by 2025 (postponed)
- 100% FSC-certified wood by 2024/2025
- 100% RSPO-certified palm oil by 2024/2025
- Reduce waste consumption by 10% globally (target postponed)
- Reduce water consumption by 10% globally (achieved)
- Achieve 75% Natural Origin Index for all new formulations (overachieved)
- 100% vegan in all products (almost achieved)
Environmental Challenges
- Supply chain disruptions due to raw material and energy shortages.
- Limited availability of recycled materials for packaging.
- Need to implement waste reduction measures globally.
- Achieving 100% supplier compliance with environmental and social standards.
Mitigation Strategies
- Developed alternative sourcing strategies.
- Adjusted targets for recycled plastic usage due to material shortages.
- Implementing waste reduction measures in phases, starting with Heroldsberg.
- Intensified supplier due diligence and risk assessment.
Supply Chain Management
Supplier Audits: Annual SEDEX SMETA audits; 98% compliance for raw materials, 99% for packaging.
Responsible Procurement
- Supplier Code of Conduct
- Supplier onboarding assessment and approval process
- Membership in RMI and RSPO
- Focus on FSC-certified wood and RSPO-certified palm oil
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core Option
Certifications: ISO 14001 (three entities certified), ISO 22716 (some entities), IFS HPC (some entities)
Third-party Assurance: DQS (limited assurance for Scope 1 & 2 GHG emissions)
UN Sustainable Development Goals
- Goal 1: No Poverty
- Goal 4: Quality Education
- Goal 3: Good Health and Well-being
- Goal 5: Gender Equality
- Goal 8: Decent Work and Economic Growth
- Goal 13: Climate Action
Initiatives contribute to these goals through community engagement, employee training, sustainable practices, and gender equality initiatives.
Sustainable Products & Innovation
- MicroWoodMatic (wood-based packaging)
- PURIST (recycled plastic packaging)
- Faith (clean and vegan liquid liner)
- Focus (clean and vegan solid liner)
Reporting Period: 2023-07 to 2024-06
Environmental Metrics
ESG Focus Areas
- Climate Change
- Social Accountability
- Governance
Environmental Achievements
- Introduced TheBetterBarrel, reducing CO₂ emissions by almost 70% compared to conventional tubes.
- €7.8 million investment in an on-site solar power plant at German headquarters, achieving 30% self-sufficiency in green electricity.
- 30% reduction in air freight-based GHG emissions within a single year.
- Near completion of transition away from Styrofoam packaging materials, eliminating annual consumption of 7500 cubic meters of foamed plastics.
Social Achievements
- Improved employee retention by 27%, bringing fluctuation down to 19%.
- Various community engagement initiatives across global facilities (food bank support, Habitat for Humanity, cancer prevention efforts, etc.).
Governance Achievements
- Enhanced global evaluation of equal pay, achieving 98% parity.
- Revised and harmonized Code of Conduct for employees and suppliers.
Climate Goals & Targets
- Zero Scope 1, 2, 3 emissions by 2040
- 63% reduction in Scope 1, 2 emissions by FY 2031-32
- 47% reduction in Scope 3 emissions by FY 2031-32
- Increase on-site generation of sustainable energy to 30% of electric power consumption until end of FY 2026-27
- -10% water consumption by end of FY 2024-25
- Reduce non-hazardous waste to landfill to max. 20% by Business Year 2024-25
- Zero hazardous waste disposed to landfill by end of FY 2024-25
Environmental Challenges
- Reduced high inventory levels at customers and normalization in demand following post-pandemic market recovery.
- Slower than expected market adaptation of sustainable products.
- Difficulties in accessing incineration facilities in specific subsidiaries.
- Maintaining accident rates well below the German industry average, particularly for severe incidents.
Mitigation Strategies
- Prioritized accessible and affordable sustainability, securing a two-year supply of leading sustainable materials.
- Developed alternative sourcing strategies.
- Revised landfill target to limit non-hazardous waste to a maximum of 20% by end of FY 2024-25.
- Comprehensive Health & Safety Training programs.
Supply Chain Management
Supplier Audits: 222/year (69% compliant)
Responsible Procurement
- Supplier Code of Conduct
- RSPO and RMI memberships
- Supplier due diligence process
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, Core Option
Certifications: ISO 14001
Third-party Assurance: DQS CFS GmbH
UN Sustainable Development Goals
- Goal 1 (No Poverty)
- Goal 3 (Good Health and Well-being)
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 8 (Decent Work and Economic Growth)
- Goal 13 (Climate Action)
Initiatives contribute to these goals through various social and environmental programs.
Sustainable Products & Innovation
- TheBetterBarrel
- Refilable lip liner
- Liquid brow pencil with recycled content
Awards & Recognition
- Not disclosed