Climate Change Data

Colorcon

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:31,022 tCO2e/year
Scope 1 Emissions:5,602.48 tCO2e/year
Scope 2 Emissions:24,725.22 tCO2e/year
Scope 3 Emissions:694.40 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:70,900,379.50 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Governance
  • Carbon reduction, energy management, GHG emissions tracking
  • Environmental impact (air, water, waste, ecosystems)
  • DEI, safe work practices, employee engagement, training
  • Product quality and safety
  • Sustainable procurement in the supply chain
  • Personal strategies to become more sustainable

Environmental Achievements

  • Reduced GHG emissions for electricity at Pennsylvania locations by 3,700 metric tons
  • Functional Packaging team significantly cut CO2e emissions from transportation by using greener transport methods
  • Pennsylvania sites switched to 100% renewable electricity
  • Dartford site replaced boilers with heat pumps, cutting down on natural gas use and saving CO2e emissions
  • Goa site uses solar panels to power generators, reducing diesel use
  • Bazainville site halved its water use and significantly reduced sugar content in wastewater
  • Goa site collects and efficiently uses rainwater
  • Romorantin site improved waste sorting, leading to less waste going to landfills

Social Achievements

  • Enriched approach to Diversity, Equity, and Inclusion (DEI), creating a more vibrant and inclusive workplace
  • Achieved a balanced leadership team in NALAN regions (approximately 50/50 gender ratio)
  • Increased female representation in leadership positions in EMEA and SA regions
  • 100% of new employees trained in Code of Conduct; routine refresher training in anti-bribery, anti-corruption, and anti-competition practices
  • All employees receive regular anti-harassment training
  • Various community investment initiatives across global sites (toy drives, donations, food collections, etc.)

Governance Achievements

  • Established Berwind Women’s Network and Colorcon Women’s Network to increase opportunities for women
  • Maintain a third-party managed whistleblower hotline
  • All employees receive quarterly cybersecurity training

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Complete GHG Scope 3 data collection (2024)
  • Create road map to net zero (2024)
  • Perform ESG gap analysis and integrate Functional Packaging sites into a single Colorcon, Inc. Group Ecovadis submission (2024)
  • Reduce cleaning water by 30% vs. 2021 usage (2025)
  • Reduce waste by 20% vs. 2021 usage (2025)

Environmental Challenges

  • Climate change risks affecting business continuity
  • Reducing Scope 3 emissions
  • Improving water efficiency at various sites
  • Reducing waste generation across sites
Mitigation Strategies
  • Business continuity plan to manage climate change risks
  • Using greener transportation methods (trains, biofuel boats)
  • Implementing energy-saving measures (managing airflow, updating AC systems)
  • Switching to renewable energy sources
  • Implementing water conservation measures (rainwater harvesting, efficient usage)
  • Improving waste sorting and recycling programs

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Updated Supplier Code of Conduct to emphasize sustainability

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: EcoVadis, CDP

Certifications: ISO 45001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3.b
  • 4.7
  • 8.8
  • 12.5
  • 13.2.2
  • 6.4
  • 15.2

See page 6 of the report for details.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • EcoVadis Bronze Medal