Climate Change Data

LC Packaging International BV

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:8,717,509 KG CO2e
Renewable Energy Share:28.9%
Total Energy Consumption:32,575,162 kWh
Water Consumption:49,311 m3
Waste Generated:644,086 KG

ESG Focus Areas

  • Environmental

Environmental Achievements

  • Reduced absolute waste production by 72% compared to 2016, largely achieved through the GreenBangla waste recycling initiative.

Climate Goals & Targets

Short-term Goals:
  • Reduce CO2 emissions by 25% by 2022
  • Reduce energy use by 10% by 2022
  • Reduce water use by 10% by 2022
  • Reduce waste production by 40% by 2022

Environmental Challenges

  • Significant and unpredicted expansion of production capacity over the past five years, not considered in 2017 target setting.
  • Construction work for new factories increased resource use, especially water.
  • Severe underground water leak at South Africa site in 2019 and 2021.
Mitigation Strategies
  • GreenBangla waste recycling initiative at DBPL in Bangladesh.
  • Leaks were fixed after discovery.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option, UN Global Compact Advanced Communication on Progress

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Circularity
  • Climate action
  • Living wage

Environmental Achievements

  • Introduction of Big Bag including 30% rPP content
  • Achieved EcoVadis Platinum rating for the third consecutive year (overall score 84/100, 99th percentile)

Social Achievements

  • 98% of employees committed to LC Packaging’s 2030 Ambition
  • Extensive dialogue with 94% of employees on sustainability contributions
  • Introduction of Impact Objective to incentivize sustainable behavior

Governance Achievements

  • Dedicated Head of Sustainability reporting directly to the CEO
  • Cross-functional sustainability team established
  • Local sustainability representatives appointed for each affiliate
  • Monthly Steering Committee meetings with Innovation and Circular Economy Team

Climate Goals & Targets

Medium-term Goals:
  • Living wage: 100% of key product partners' employees earn at least a living wage
  • Circularity: At least 80% of turnover comes from packaging that delivers the circular economy
  • Climate action: 50% emissions reduction from our value chain

Environmental Challenges

  • Transition to the use of recycled plastics (rPP) as opposed to virgin material is in its early stages.
Mitigation Strategies
  • First steps taken towards the desired transition to the use of recycled plastics (rPP).

Supply Chain Management

Responsible Procurement
  • Sustainable Supply Chain Policy
  • Supplier Code of Conduct (SCoC)
  • Living wage commitment

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option

Third-party Assurance: The Footprinters (for environmental footprint data)

Sustainable Products & Innovation

  • Big Bag including 30% rPP content

Awards & Recognition

  • EcoVadis Platinum rating