Climate Change Data

SAR RECYCLING SA

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:54.6 tCO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100%
Total Energy Consumption:322 MWh
Water Consumption:Not disclosed
Waste Generated:200 tons
Carbon Intensity:0.27 tCO2e/unit

ESG Focus Areas

  • Environmental Management
  • Social Responsibility
  • Governance

Environmental Achievements

  • Switched to 100% renewable energy (hydroelectric) for electricity consumption.
  • Reduced VOCs through afterburners in new machinery.
  • Developed customized system to minimize fire risks.
  • 100% waste recycled or reused.

Social Achievements

  • Granted employees two days off for their birthdays.
  • Implemented flexible work arrangements to accommodate employee needs.
  • Provided additional parental leave.
  • Offered French and Italian language courses to employees.
  • Donated CHF 20,000 to local associations.

Governance Achievements

  • Maintained RJC Code of Practices and Chain of Custody certifications.
  • Implemented a robust Compliance model adhering to Swiss regulations on precious metals trading and money laundering.
  • Established an independent Compliance Office.
  • No dividends paid to shareholders, reinvesting profits into company operations.

Climate Goals & Targets

Long-term Goals:
  • Formal invitation to client/supplier and stakeholders to visit the new plant.
  • Drafting of the welfare plan.
Medium-term Goals:
  • Installation of additional smoke suppressors.
  • Allocation of spaces for play and recreational activities.
  • Creation of a small ‘outdoor canteen’.
Short-term Goals:
  • Relocation to new building in Mendrisio in 2025.
  • Implementation of photovoltaic system.

Environmental Challenges

  • Market downturn for spent catalysts due to semiconductor shortages and uncertainty about future engines.
  • Managing GHG emissions from road logistics.
Mitigation Strategies
  • Investing in new technologies and machinery to improve efficiency and reduce emissions.
  • Encouraging car-sharing among employees.
  • Planning to offer e-bikes and charging points at new headquarters.
  • Continuous monitoring and control of emissions and wastewater.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritizing local suppliers.
  • Detailed contracts and general terms and conditions.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: AITI – Associazione Industrie Ticinesi

Certifications: Responsible Jewellery Council – Chain of Custody, Responsible Jewellery Council – Code of Practice, Registered Assayer’s Mark

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Apprentices Trainer Award from the city of Mendrisio