Envipco Holding N.V.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Circular Economy
- Waste Management
Environmental Achievements
- Facilitates recycling of approximately 2 billion beverage containers annually.
- Established five climate, energy, and transportation targets in 2022 (details below in Metrics section).
Social Achievements
- Not disclosed
Governance Achievements
- Established a Green Finance Committee (GFC) to evaluate and select eligible projects.
- Committed to annual public reporting on allocation and impact.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Reduce Scope 1 and 2 climate emissions (tonnes CO2e) per company revenues by 10% per year relative to a 2021 baseline.
- Increase climate emissions avoidance from use of products and services (tonnes CO2e) per company revenues by three times relative to a 2021 baseline by 2025.
- Reduce energy consumption (kWh) per company revenues by 5% per year relative to a 2021 baseline.
- Achieve at least 25% renewable energy procurement by 2024.
- Reduce direct energy consumption in transport (kWh) per company revenues by 5% per year compared to a 2021 baseline.
- Reducing packaging waste and office paper use.
- Clarify ESG criteria and complete annual assessments and action plans for all vendors by 2023.
Environmental Challenges
- Business model focuses on waste management rather than prevention.
- Potential licensing effects increasing consumer comfort with waste generation.
- Scopes 1, 2, and 3 emissions require additional mitigation measures.
- Fossil fuel-based energy used in RVM manufacturing, operation, and transportation.
- Upstream emissions from RVM component production.
- Plastics used in RVMs are derived from fossil fuels.
- Physical climate risks (extreme weather events) impacting facilities and operations.
- Transition risks from stricter climate policies and shifts in consumer behavior towards waste prevention.
- Environmental risks from recycling processes (air and water pollution).
Mitigation Strategies
- Encouraging incorporation of waste prevention into outreach efforts.
- Increasing ambition and comprehensiveness of climate targets.
- Strengthening value chain engagement on climate issues.
- Supporting alternatives to plastic where feasible.
- Integrating physical climate risk, adaptation, and resilience into processes and strategies.
- Setting climate, energy, and transportation targets (details below in Metrics section).
- Working with suppliers on ESG topics, aiming for annual assessments and action plans by 2023.
- Implementing energy efficiency measures and minimizing waste and water consumption in own operations.
- Evaluating lower emissions vehicles for fleet renewal.
- Prioritizing preventative maintenance and remote services over on-call maintenance.
Supply Chain Management
Supplier Audits: Aiming for annual assessments and action plans for all vendors by 2023.
Responsible Procurement
- Working with suppliers on ESG topics, primarily in the initial screening phase.
Climate-Related Risks & Opportunities
Physical Risks
- Increasingly frequent extreme weather events impacting facilities and operations.
- Transportation disruptions
Transition Risks
- Stricter climate policies increasing costs of waste management.
- Greater emphasis on waste prevention impacting demand for Envipco's products and services.
- Changes in regulations or consumer demand decreasing use of plastics.
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI, SASB, UN Sustainable Development Goals (SDGs), Euronext ESG Reporting Guide 2022
Certifications: Aiming for ISO 14001 certification at all operational sites by 2024
Third-party Assurance: Allocation reporting will be verified by a third party; impact reporting will not.
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Improved facilities with green materials and ongoing initiatives to further reduce waste and carbon footprint
- All products developed and manufactured according to environmental requirements like RoHS and designed for recyclability
- Minimized power usage during operations and in idle mode
Social Achievements
- Provides educational tours to school groups, environmental groups and political decision-makers
- Offers scholarships and internships to students interested in pursuing environmentally focused careers
- Participating in programs giving workers a second chance
Governance Achievements
- Setting the foundation of good CSR principles
- Ensuring adoption of a high code of conduct and ethics relating to all aspects of our business
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards 2022, SASB standards for Industrial Machinery & Electrical-Electronic equipment, UN Sustainable Development Goals, Euronext ESG reporting Guide 2022
Certifications: Null
Third-party Assurance: CICERO
UN Sustainable Development Goals
- Goal 12
- Goal 13
- Goal 9
- Goal 8
- Goal 4
- Goal 14
Envipco's activities support these goals through recycling and sustainable practices.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed