Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment & Energy
• Employees
• Customers & Products
• The Surrounding Society

Environmental Achievements

• Reduced carbon emissions by 70.1 tonnes (2018/19: 98.9 tonnes, 2017/18: 94.3 tonnes, 2015/16: 107.2 tonnes) through the use of carbon-neutral electricity in Denmark.
• Switched to climate-smart gas in manufacturing processes, further reducing carbon emissions.
• Implemented energy efficiency improvements, including LED lighting installation and heating optimization.
• Developed a new machine for packaging using foam/film instead of cardboard, reducing customers' carbon emissions.

Social Achievements

• 12 apprentices/trainees etc. employed.
• 95% of employees completed annual development interviews.
• Reduced Lost Time Injury (LTI) frequency to 8 (goal: max 10).
• Implemented measures to reduce sickness absence.

Governance Achievements

• 100% of suppliers with new contracts signed Supplier Code of Conduct.
• Completed anti-corruption training for all new employees in Denmark and Poland in high-risk positions.
• Maintained a high level of data security through vulnerability scanning, patching, and employee training.
• Full compliance with marketing regulations and internal communication policy.

Climate Goals & Targets

Environmental Challenges

• Significant impact of the Covid-19 situation on main markets, leading to postponed customer decisions and challenges in accessing facilities outside Denmark.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: 100% of Qubiqa DK and Qubiqa US suppliers; 100% of suppliers with new contracts during the year.

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: UN Global Goals (SDGs 4, 5, 7, 9, 12, 13, 16)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 4
• SDG 5
• SDG 7
• SDG 9
• SDG 12
• SDG 13
• SDG 16

The CSR strategy directly supports these SDGs.

Sustainable Products & Innovation

• New machine for packaging using foam/film instead of cardboard.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment & Energy
• Employees
• Customers & Products
• The Surrounding Society

Environmental Achievements

• Reduced carbon emissions by 49.3 tonnes in Denmark and 431.8 tonnes in Poland through carbon-neutral electricity.
• Implemented initiatives to reduce energy consumption (3 initiatives/year).

Social Achievements

• Conducted annual employee development interviews (95% completion rate).
• Reduced Lost Time Injuries (LTIs) frequency to 13 (goal: max 10).
• Employed 8 apprentices, students, and trainees.

Governance Achievements

• Conducted anti-corruption training for 100% of high-risk positions.
• Ensured high level of data security through supplementary backup procedures and IT security audits.
• No violations of marketing regulations or internal policies.

Climate Goals & Targets

Environmental Challenges

• Increased sickness absence in 2020/21.
• LTI frequency above target.

Mitigation Strategies

• Concrete plans for employee retention after illness, including interviews.
• Continuous measures and objectives to ensure a safe workplace, including accident analysis and safety inspections.

Supply Chain Management

Supplier Audits: 100% of Qubiqa DK and Qubiqa US suppliers; 100% of suppliers with new contracts during the year.

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

CSR objectives and activities contribute to seven of the UN Global Goals.

Sustainable Products & Innovation

• New packaging machine (Bagger with Stacker) implying reduced transportation volumes and costs for customers.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment & Energy
• Employees
• Customers & Products
• The Surrounding Society

Environmental Achievements

• Implemented three energy-saving initiatives, reducing gas consumption by approximately 20% and electricity consumption by 26% in Qubiqa Poland.
• Maintained contracts for fully carbon-neutral electricity in Denmark and Poland, compensating for 507.3 tonnes of carbon emissions.
• Implemented a new waste management system allowing for more efficient waste sorting.

Social Achievements

• Employed 12 apprentices, trainees, and students, exceeding the annual goal of three.
• Conducted workplace assessment resulting in an action plan to improve workplace health and safety.
• Conducted two anti-corruption training courses with 100% participation of high-risk employees.

Governance Achievements

• All required suppliers signed the Supplier Code of Conduct.
• No actual or suspected cases of corruption reported.

Climate Goals & Targets

Environmental Challenges

• Slight increase in CO2 emissions (1.6%).
• Failure to meet the goal of conducting employee development interviews with 95% of employees (achieved 83%).
• Lost Time Injury frequency (LTI-f) above the goal (13 vs. max 10).

Mitigation Strategies

• Planning to set emission reduction targets based on Science Based Targets initiative (SBTi) for SMEs.
• Prioritizing reaching the 95% goal for employee development interviews in 2023/24 and considering improvements to the current method.
• Continuous measurement of work-related injuries and setting concrete objectives to maintain a safe workplace.

Supply Chain Management

Supplier Audits: CSR survey among suppliers of hired labour in May 2023.

Responsible Procurement

• Supplier Code of Conduct (SCoC)

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, EcoVadis

Certifications: ISO 14001, ISO 9001, ISO 45001

Third-party Assurance: EcoVadis

UN Sustainable Development Goals

• SDG 7 (Affordable and clean energy)
• SDG 8 (Decent work and economic growth)
• SDG 9 (Industry, innovation, and infrastructure)
• SDG 12 (Responsible consumption and production)

Qubiqa's CSR objectives and activities are arranged to contribute to these SDGs through initiatives such as renewable energy use, employee development, sustainable product development, and waste reduction.

Sustainable Products & Innovation

• FlexWeld system (reducing plastic use by almost 50%)

Awards & Recognition

• EcoVadis Bronze Medal (2022)

Environmental Metrics

ESG Focus Areas

• Governance
• Environment
• Social

Environmental Achievements

• Reduced waste at CH System by 22,395 kg compared to 37,350 kg in 2022/23
• All three Group companies purchase fully carbon-neutral electricity for their headquarters, compensating for 441 tonnes of carbon emissions (excluding CH System's purchases from January 1, 2024 onwards).

Social Achievements

• Reduced work-related injuries to 3 in 2023/24 from 10 in 2022/23 (including CH System)
• Implemented a stress policy and stress barometer to measure employee well-being.
• 13 apprentices, trainees, and students employed, exceeding the annual goal of three.

Governance Achievements

• Completed a review of CSR governance at Group Level, establishing a new Group CSR structure.
• Implemented eight new Group CSR policies.
• Qubiqa Denmark awarded EcoVadis gold medal (73/100 points), CH System awarded silver (66/100 points).

Climate Goals & Targets

Environmental Challenges

• Meeting the goal of conducting development interviews with at least 95% of employees.
• Meeting the goal of anti-corruption training for 100% of new employees in high-risk positions.
• Lack of conclusive documentation on supplier training, audits, and capacity building as indicated by EcoVadis.

Mitigation Strategies

• Implementing a systematic approach for employee development interviews in 2024/25.
• Developing an ambitious anti-corruption training plan for CH System for 2024/25 and expanding training requirements for existing employees.
• Establishing a Project Group on purchasing and supply chain management, hiring a Group Supply Chain Director, launching a new Group Handbook, and conducting supplier audits.

Supply Chain Management

Supplier Audits: 2 audits in Poland in March 2024

Responsible Procurement

• Supplier Code of Conduct (SCoC)
• New Group Handbook outlining procedures for CSR approval process of suppliers, CSR risk assessments, etc.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: EcoVadis, UN Global Compact, SDGs

Certifications: ISO 9001 (CH System)

UN Sustainable Development Goals

• SDG 7
• SDG 8
• SDG 9
• SDG 12

The report details how initiatives contribute to these goals.

Awards & Recognition

• EcoVadis Gold Medal (Qubiqa Denmark)
• EcoVadis Silver Medal (CH System)