Climate Change Data

Florestan Group (Inibsa)

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:2.72 tCO2e (2022)
Scope 1 Emissions:1.08 tn CO2 (2022)
Scope 2 Emissions:1.64 tn CO2 (2022)
Renewable Energy Share:20% (from photovoltaic plant)
Total Energy Consumption:6024.21 MWh (2022)
Water Consumption:61431 m3 (2022)
Waste Generated:486.8 tons (2022)

ESG Focus Areas

  • Environmental matters
  • Social matters
  • Governance matters
  • Staff matters
  • Quality and product matters

Environmental Achievements

  • Installed a 1200 kWp self-consumption photovoltaic plant, providing around 20% of annual energy expenditure.
  • Upgraded to more efficient boilers, improving performance and cutting energy consumption.
  • Replaced commercial network's car fleet with hybrid vehicles and installed 10 electric chargers.
  • Recycled more than 50 tonnes of paper every year.
  • Vast majority of toothbrushes distributed in Portugal are made of bioplastics, recovering 95% of CO2 produced during manufacturing.

Social Achievements

  • Developed new initiatives to improve employee well-being, work-life balance, communication, development, and training.
  • Implemented a Remote Work Policy allowing 40% of non-production employees to work from home.
  • Implemented a Digital Disconnection Policy.
  • Introduced a new Professional Development Plan (PDP) focusing on individual development.
  • Partnered with "Fundació Somni Dels Nens" to help children with cancer or chronic diseases.

Governance Achievements

  • Implemented a Compliance Corporate Defence Policy and Code of Ethics.
  • Established a Compliance Committee and whistleblower channel.
  • Conducted internal training sessions to raise awareness of the Code of Ethics.
  • No cases of corruption were identified in 2022.
  • No reports of privacy breaches or loss of customer data in 2022.

Climate Goals & Targets

Environmental Challenges

  • Discharge of chemical substances
  • Atmospheric emissions
  • Management of special waste
  • Flammable products
  • Soil contamination
  • Water consumption and treatment
  • Possible droughts and floods
Mitigation Strategies
  • Actively manage and monitor environmental impact through environmental policy.
  • Manage environmental impacts of activities with specialized external party.
  • Include sustainability criteria in purchasing policy.
  • Implement responsible operations to prevent and mitigate environmental risks.
  • Invest in redesigning products to incorporate more sustainable materials.
  • Contract with specialized waste management firm for pharmaceutical waste.

Supply Chain Management

Responsible Procurement
  • Selection process for suppliers based on objective technical criteria, quality systems, price, service, and alignment with business values.
  • Prioritize local suppliers to reduce environmental impact and foster local development (55% of suppliers are local, accounting for 24% of purchases).

Climate-Related Risks & Opportunities

Physical Risks
  • Possible droughts and floods

Reporting Standards

Frameworks Used: GRI Standards

Certifications: GMP compliance certifications (Russia and Libya)

Sustainable Products & Innovation

  • Toothbrushes made of bioplastics

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3083 tCO2e (Scope 1 & 2)
Scope 1 Emissions:1403.50 tCO2e
Scope 2 Emissions:1781.32 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:15.59%
Total Energy Consumption:6877.63 MWh
Water Consumption:65385.35 m3
Waste Generated:395.64 tons
Carbon Intensity:0.014 Kg CO2e/dosed cartridge

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed a 1200 kWp photovoltaic plant in 2020, covering 15% of annual energy costs in 2023.
  • Reduced total water consumption by almost 1% compared to 2022.
  • Reduced waste generation by more than 13% in 2023 through recycling measures.
  • Recycled more than 90 tonnes of plastic and 38 tonnes of paper and cardboard per year.

Social Achievements

  • Increased headcount by almost 3% to 339 employees in 2023.
  • 98% of contracts are open-ended.
  • 55% of the team is made up of women.
  • Implemented a Teleworking Policy, allowing employees to work from home for 40% of their workday.
  • Implemented a Digital Disconnection Policy.
  • Rolled out 13,500 hours of training in 2023 (82% increase compared to the previous year).

Governance Achievements

  • Updated internal regulations in accordance with Act 2/2023 of 20 February.
  • Developed Inibsa Group's Internal Reporting and Whistleblower Protection System.
  • Developed Inibsa Group's Anti-Corruption Policy (to be approved in 2024).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing greenhouse gas emissions.
  • Managing environmental risks associated with discharge of chemical substances, atmospheric emissions, discharge of special waste, dispersion of flammable products, excess water consumption, and floods.
Mitigation Strategies
  • Measuring and calculating scope 3 of the carbon footprint (using 2022 as the baseline year).
  • Implementing measures for efficient use of supplies in all new projects.
  • Renovating facilities to improve environmental sustainability.
  • Implementing a civil liability insurance policy of up to 6 million euros to cover environmental damage.
  • Implementing risk prevention measures and rules on the protection of workers against chemical agents.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Procurement Policy reflects commitment to comply with current legislation, acting with honesty, transparency and fair treatment.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 7
  • SDG 9
  • SDG 12
  • SDG 13
  • SDG 17

Inibsa's initiatives contribute to these SDGs through various actions detailed in the report.

Sustainable Products & Innovation

  • Toothbrushes made of bioplastic materials in Portugal.

Awards & Recognition

  • Not disclosed