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