Climate Change Data

Permascand Top Holding AB

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:214 tCO2e/year (2021)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (electricity)
Total Energy Consumption:4.6 GWh/year (2021)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:1.9 MSEK/ton CO2e (2021)

ESG Focus Areas

  • Environmental responsibility
  • Social responsibility
  • Responsible governance

Environmental Achievements

  • Transitioned to renewable hydropower electricity and bio-pellets for heating (since end of 2019)
  • Reduced coating consumption through process optimization in the main coating plant (2021)
  • Redesigned a high-volume product in 2020, launched in 2021, resulting in significantly less material use and increased transport efficiency

Social Achievements

  • ISO 45001 certification (2020)
  • Automation of several processes reducing employee exposure to safety risks (2020-2021)
  • Annual employee surveys on fairness and equal-opportunity employment

Governance Achievements

  • Implementation of a group-wide Sustainability Policy by the Board of Directors
  • Adoption of a Code of Conduct and Whistle-blowing Procedure
  • Supplier audits conducted to monitor quality, health and safety, and social and environmental performance

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Re-establish wastewater treatment capacity (summer 2022)
  • Complete project assessing physical materials handling focusing on increased safety and efficiency
  • No accidents leading to time off
  • Sick-leave less than 3%
  • Employees present at work 97% excluding parental leave holidays etc.
  • 0 incidents of harassment amongst employees
  • Leadership index >80%
  • On time delivery >97%
  • Keep performance in the coating plant on the levels seen at project completion or better during the whole of 2022
  • Progress on establishment of new test coating line. Test plant operational in Q2 2022
  • Assess if technologies investigated 2020 and 2021 can form the basis of a commercially feasible improved recovery system
  • Identify further avenues of investigation into noble metal recovery
  • Progress on establishment of new coating line. Project expected to finish Q2 2022 with the initial test phase being completed in 2022
  • Support customer needs while retaining scalability to supply the increased demand post pandemic

Environmental Challenges

  • Titanium production's environmental burden (energy consumption, emissions, land use)
  • Resource consumption of noble metals (scarcity, non-renewable)
  • Transportation of goods (high footprint of road transport)
  • Personal travel (significant use of cars and air travel)
  • Wastewater treatment plant malfunction (since November 2020)
  • Noble metal and titanium recovery from waste streams (plant rebuilding)
Mitigation Strategies
  • Re-manufacturing and extending product life, recycling titanium scrap
  • Process optimization to reduce noble metal consumption per unit
  • Implementation of more efficient application equipment (2021), testing alternative application technology (2022)
  • Working with suppliers to reduce transportation
  • Transitioning to next-generation ballast water treatment cell model (smaller footprint)
  • Increased use of video conferencing and working from home
  • Re-establishing on-site wastewater treatment capacity (expected summer 2022)
  • Research projects on noble metal recovery from waste streams (2020-2021)

Supply Chain Management

Supplier Audits: Higher ranked suppliers audited at least once a year

Responsible Procurement
  • Procurement Policy applicable to all direct and indirect spend
  • Supplier development handbook (2020)

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001:2015, ISO 9001:2015, ISO 45001:2018, ISO 3834-2 and 4 (welding)

Third-party Assurance: KPMG AB

UN Sustainable Development Goals

  • 9, 12, 13, 14

Permascand’s business idea revolves around the United Nation’s sustainable development goals, numbers 9, 12, 13, and 14.

Sustainable Products & Innovation

  • Redesigned high-volume product (2020-2021)

Awards & Recognition

  • Not disclosed