Climate Change Data

SOFIDEL S.p.A.

Climate Impact & Sustainability Data (2016, 2023, 2024)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:733,195 tCO2e (Scopes 1 & 2)
Scope 1 Emissions:439,650 tCO2e
Scope 2 Emissions:293,545 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:8% (target by 2020)
Total Energy Consumption:11,404 TJ
Water Consumption:6.9 Mm3/year
Waste Generated:110,910 tons/year
Carbon Intensity:733 kg CO2/t paper (2016)

ESG Focus Areas

  • Climate Change
  • Water Use
  • Waste Management
  • Forestry
  • Human Rights
  • Employee Well-being
  • Supply Chain Sustainability
  • Community Engagement

Environmental Achievements

  • Reduced specific CO2 emissions by 19.1% compared to 2009.
  • Reduced specific water consumption to 7 l/kg.
  • 100% of consumer products in Italy, Great Britain, Spain, France, and Benelux certified by FSC.
  • Increased self-production of energy from renewable sources to about 263 TJ.

Social Achievements

  • Launched Sofidel Suppliers Sustainability Award to promote best practices among suppliers.
  • Implemented ‘Sofidel People’ project to assess employee well-being.
  • Provided an average of 19.11 hours of training per employee annually.
  • Donated over 100,000 measles vaccines to Médecins Sans Frontières.

Governance Achievements

  • Established a Sustainability Work Group to coordinate CSR efforts.
  • Implemented the ‘TenP-Sustainable Supply Chain Self-Assessment Platform’ for ethical supply chain control.
  • Revised materiality analysis with input from top management and key suppliers.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce specific Scope 3 CO2 emissions by 13% by 2020 (compared to 2010).
  • Reduce specific Scopes 1 and 2 CO2 emissions by 23% by 2020 (compared to 2009).
  • Use 8% renewable energy sources by 2020.
Short-term Goals:
  • Reduce water consumption per litre/kg of paper to 6.9 in 2017.

Environmental Challenges

  • Economic and political instability in various operating countries.
  • Competition in the tissue paper market.
  • Risks of unexpected production breakdowns.
  • Risks associated with customer dependency.
  • Risks of procuring non-compliant materials and services.
  • Risks of dependency on suppliers of goods and services.
  • Risks associated with greater digitalisation of systems.
  • Risks of workplace accidents and employee turnover.
  • Risks of fines for environmental infringements.
  • Credit risk from business and financial counterparts.
  • Price risk from commodity and financial instrument fluctuations.
  • Exchange rate risk from international operations.
  • Interest rate risk from global operations.
  • Liquidity risk from payment commitments.
  • Legal, compliance, and reputational risks.
  • Reporting risk related to information reliability.
Mitigation Strategies
  • Geographical diversification of operations.
  • Diversification of activities across sectors (Private Label, Brand, Away From Home, e-commerce).
  • Planned maintenance and technological upgrading of plants.
  • Insurance policies against various risks.
  • Data collection for improved efficiency control.
  • Consolidating and developing own brands.
  • Stakeholder engagement actions for long-term partnerships.
  • Sustainable supply chain management policies.
  • Supplier assessment and audits.
  • Interchangeable suppliers at national and international levels.
  • Alternative suppliers for management systems technologies.
  • Different applications at individual facilities for factory systems.
  • Constant monitoring of working environments and safety standards.
  • Training programs and awareness enhancement.
  • Respect for environmental legislation and certifications (EMAS, ISO 14001, ISO 50001).
  • Insurance policies and diversification of counterparties.
  • Procurement planning considering market price trends.
  • Hedging instruments for exchange rate and interest rate risks.
  • Careful treasury planning and diverse funding sources.
  • Proactive management of intangible assets.
  • Integrated business planning, management, and control model.
  • Adoption of IAS-IFRS accounting standards.
  • Administrative, financial, and management procedures for reporting reliability.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Guidelines for suppliers based on the Group's Code of Ethics.
  • Assessment of suppliers' social and environmental performance.
  • TenP-Sustainable Supply Chain Self-Assessment Platform.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding (Lancaster UK factory)
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4, International Integrated Reporting Committee

Certifications: ISO 9001:2008, ISO 14001:2004, EMAS, OHSAS 18001:2007, BRC Consumer Products, IFS Household and Personal Care, FSC, PEFC, ISO 50001:2011, Ecolabel, Der Blaue Engel, Swan Label

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • FSC-certified products
  • Products with Ecolabel, Swan Label, and Der Blaue Engel certifications.

Awards & Recognition

  • CDP Best Voluntary Responder Italy
  • WWF Environmental Paper Awards

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:927,091 tCO2e/year
Scope 1 Emissions:562,146 tCO2e/year
Scope 2 Emissions:364,945 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:60.5% of total energy use
Total Energy Consumption:14,293 TJ/year
Water Consumption:9.6 Mm3/year
Waste Generated:133,319 tons/year
Carbon Intensity:734.8 kg CO2/t paper

ESG Focus Areas

  • Climate Change
  • Forestry
  • Water Stewardship
  • Circular Economy
  • Human Rights
  • Supply Chain
  • Health and Safety
  • Employee Well-being

Environmental Achievements

  • Reduced CO2 emissions per ton of product by 11.5% compared to 2018.
  • Reduced use of conventional plastic in packaging by -39% compared to 2013.
  • 95% of road trips made with Euro 5 and Euro 6 trucks.
  • Signed PPAs for renewable electricity in Spain, Greece, and France.
  • Activated bio-syngas plant in Sweden.
  • Joined East Midlands Hydrogen partnership in the UK.

Social Achievements

  • Launched “Together We Plant the Future” bioeconomy project in the Amazon.
  • Sainsbury's transitioned from plastic to paper packaging, saving 485 tons of plastic per year.
  • Held the fifth edition of the “3SAward” for sustainable suppliers.
  • Increased training hours to 82,007 (vs 73,547 in 2022).
  • Implemented “Sofidel Simplify” concierge service in the US and UK.
  • Launched “Sofidel Language Learning Program”.

Governance Achievements

  • Added independent directors to the Board of Directors.
  • Formed the Risk Control and Sustainability Committee.
  • Created the Group Sustainability Department.
  • Implemented a new Group Whistleblowing Policy.
  • Updated risk assessment with scenario analysis.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero greenhouse gas emissions across the entire value chain by 2050.
Medium-term Goals:
  • Reduce Scope 1, 2, and Scope 3 (pulp only) emissions by 40% per ton of paper by 2030.
  • Reduce Scope 3 emissions by 24% per ton of paper by 2030.
  • Reduce specific consumption of traditional plastic packaging by 50% by 2030.
  • Bring 100% recyclable or compostable primary packaging to market by 2030.
  • Increase per capita training hours by 50% by 2030.
Short-term Goals:
  • Reduce injury frequency rate by 10% annually (2024-2026).
  • Install anti-collision systems on forklifts by 2026.
  • Replace internal combustion forklifts with electric vehicles by 2029.
  • Reduce direct landfilling of solid waste to zero by 2027.

Environmental Challenges

  • Supply chain disruptions due to geopolitical instability and raw material shortages.
  • Climate change risks (extreme weather events, water scarcity).
  • Rising energy and gas costs.
  • Skills gap on decarbonization and energy transition.
  • Employee turnover, particularly in the US and UK.
Mitigation Strategies
  • Long-term supply contracts for raw materials and energy.
  • Investments in renewable energy sources and energy efficiency.
  • Internal training programs and partnerships with external experts.
  • Employer Branding initiatives and employee well-being programs.
  • Risk management strategies and scenario analysis.

Supply Chain Management

Supplier Audits: 97% of critical purchases assessed using TenP Paper.

Responsible Procurement
  • Supplier Code of Conduct
  • ISO 20400 compliant sustainable procurement model
  • TenP Paper supplier assessment
  • Code of Conduct for pulp suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (floods, drought)
  • Hydrogeological instability
Transition Risks
  • Regulatory changes
  • Market shifts
  • Rising energy costs
Opportunities
  • Development of energy-efficient products and processes
  • Renewable energy procurement

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, IIRC Framework, SASB Standards

Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 50001, ISO 20400, ISO 27001, BRC, IFS, FSC, PEFC, Ecolabel, Blaue Engel, Swan Label

Third-party Assurance: EY S.p.A.

UN Sustainable Development Goals

  • Goal 6 (Clean Water and Sanitation)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 15 (Life on Land)
  • Goal 17 (Partnerships for the Goals)

Sofidel's initiatives contribute to these SDGs through various environmental, social, and governance programs.

Sustainable Products & Innovation

  • Soft Bamboo products
  • Regina Asciugamani paper towels
  • Regina Stylish product line
  • Papernet Simplify range

Awards & Recognition

  • Morningstar Sustainalytics 'Low Risk' rating
  • CDP A- rating for climate change and forests
  • CDP A rating for supplier engagement in combating climate change
  • Oscar di Bilancio award
  • Safest Enterprise 2023 award (Soffass)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Sustainable Supply Chain
  • Sustainable Packaging

Environmental Achievements

  • Reduced direct CO₂ emissions (carbon intensity) by 24% from 2009 to 2020

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Further 40% reduction in scope 1 and scope 2 CO2 emissions and a 24% reduction in scope 3 emissions by 2030 (compared to 2018).

Environmental Challenges

  • Reducing greenhouse gas emissions to near zero across the entire value chain in a highly energy-intensive industry.
Mitigation Strategies
  • Introduction of energy-efficient technologies, increased renewable energy use, utilization of organic fuels, sustainable forest management, reduced packaging, efficient transportation, and carbon removal technologies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable forest management to eliminate deforestation

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products with reduced packaging or packaged using renewable, low-carbon materials

Awards & Recognition

  • Not disclosed