Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance and Business Ethics
• Waste Management and Promotion of Circular Economy
• Energy Management
• Water Management
• Climate Change
• Human Resource Management
• Supply Chain
• Community Development
• Economic Performance
• Occupational Health and Safety
• Client Management

Environmental Achievements

• Increased the use of recycled materials in traditional plastics processing to 31% (Romcarbon) and 17.1% (Livingjumbo) in 2021.
• Processed over 12,000 tonnes of plastic waste in 2021.
• Delivered over 9,500 tons of re-granulated material and compounds in 2021 (32% more than in 2020).
• Reduced technological waste by 14% in the recycling sector and 5% in the polyethylene processing sector (Romcarbon).
• Installed a 60 kW photovoltaic system for self-consumption.

Social Achievements

• Maintained employment for 1,478 people in 2021.
• Organized a vaccination center for over 200 employees.
• Organized 10 blood donation campaigns.
• Supported a fundraising and collection for an isolated community.
• Reduced work accidents by 70% at Romcarbon and 67% at Livingjumbo.

Governance Achievements

• Implemented a Corporate Governance Regulation.
• Adhered to the Bucharest Stock Exchange Corporate Governance Code.
• Implemented a company-wide risk management system.
• Adopted a Remuneration Policy.

Climate Goals & Targets

Environmental Challenges

• Hostile environment with pandemic restrictions affecting sales and increasing commodity prices.
• Significant increase in commodity prices and low availability of raw materials.
• Difficulties and bottlenecks in international transport.
• Reduction in availability of raw materials, especially PET flakes.

Mitigation Strategies

• Maintained close relationships with suppliers to ensure secure quantities and delivery times.
• Increased safety stocks of basic raw materials.
• Reduced the number of suppliers to optimize the procurement process.
• Identified solutions to increase quantities of recycled material purchased.

Supply Chain Management

Supplier Audits: 355 suppliers evaluated in 2021.

Responsible Procurement

• Supplier Code of Conduct and Business Ethics
• Assessment of suppliers for environmental impact (target for 2025)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 9001:2015, ISO 14001-2015, ISO 45001:2018 (Romcarbon), ISO 9001:2001, ISO 14001-2015, ISO 22000-2018 (Livingjumbo), EuCertPlast (Romcarbon)

Sustainable Products & Innovation

• Biodegradable and compostable packaging
• Recycled plastic products
• Products with recyclable content

Environmental Metrics

ESG Focus Areas

• Waste Reduction

Environmental Achievements

• Implemented a program for the prevention and reduction of waste quantities, aiming to improve environmental performance by reducing technological waste and increasing waste recovery.

Social Achievements

• Training and awareness programs for all staff on proper waste management and compliance with legal requirements.

Governance Achievements

• Established documented procedures for waste management, audited internally and externally by SRAC ROMANIA.

Climate Goals & Targets

Environmental Challenges

• Generating diverse types of waste, including hazardous waste from laboratory reagents.

Mitigation Strategies

• Selective waste collection, deodorization in specially arranged places, and capitalization by authorized companies. Recycling of plastic waste within the company.

Supply Chain Management

Responsible Procurement

• Identification and selection of suppliers who collect waste for recycling and energy recovery.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 14001/2015

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, EUCERTPLAST

Third-party Assurance: SRAC ROMANIA

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Pollution
• Water and Marine Resources
• Own Workforce
• Governance

Environmental Achievements

• Reduced gas consumption for heating by 5% compared to 2022
• Reduced fuel consumption for mobility by 4% compared to 2022
• Produced 67 MWh of electricity from renewable sources (solar) for own consumption
• Signed financing contract for a 0.999 MW photovoltaic electricity system (to be implemented in 2024)
• 36 new compounds manufactured from recycled plastic (~1,000 tons) developed
• New polyolefin (PP/LDPE) recycling line with a processing capacity of approximately 5000 tons/year added

Social Achievements

• Implemented robust health and safety policies, resulting in zero fatalities and zero work-related illnesses
• Provided 52,512 training hours to employees (average 37.8 hours per employee)
• Launched "Bookshelf. With a book closer to the others" project, donating books to local schools
• Organized 17 blood donation drives

Governance Achievements

• Implemented a whistleblowing program
• Organized training on ethics, anti-corruption, human rights, diversity, and equal opportunities for all employees
• Updated Purchasing Procedures
• Expanded the number of suppliers adhering to the Suppliers’ Ethics and Code of Conduct

Climate Goals & Targets

Environmental Challenges

• Shortage of quantitative and qualitative workforce
• International geopolitical situation, effects of the war in Ukraine, inflation, and economic problems
• Unpredictable quantitative availability of raw materials
• Supply chain disruptions and delays
• Customers increasingly favoring products with sustainable packaging
• High cost of decarbonizing industries
• Climate change physical risks (heat stress, heavy precipitation, drought, wildfires, changes in mean temperature)
• Climate change transition risks (policy changes, regulatory changes, customer demand, technology)

Mitigation Strategies

• Recruiting foreign workforce
• Continuous adaptation to market uncertainty, including seeking alternative suppliers
• Investing in equipment to enhance recycling capacity and increase the use of post-consumer recycled content in products
• Investing in renewable energy production (solar power)
• Implementing stringent quality control measures for raw materials
• Developing contingency plans for sourcing raw materials
• Using fire-resistant building materials and construction techniques
• Maintaining controlled temperature environments
• Improving drainage systems
• Reinforcing building structures
• Installing large water storage tanks
• Adopting water-efficient technologies
• Optimizing logistics to reduce transit time and exposure to extreme heat
• Collaborating with suppliers to implement stringent quality control measures

Supply Chain Management

Supplier Audits: 529 suppliers evaluated in 2023; 48 relevant suppliers adhered to the Code of ethics and conduct of suppliers

Responsible Procurement

• Supplier’s Ethics and Conduct Code
• Purchasing Policy aligned with ISO 9001, ISO 14001, and ISO 45001 standards
• Supplier evaluation process considering ESG factors

Climate-Related Risks & Opportunities

Physical Risks

• Heat stress
• Heavy precipitation
• Drought
• Wildfires
• Changes in mean temperature

Transition Risks

• Policy changes (CBAM)
• Regulatory changes (recycled content targets, single-use plastic bans)
• Customer demand
• Technology

Opportunities

• Energy efficiency and renewable energy production
• Product design for longevity, reuse, and recyclability
• Recycling infrastructure and supply chain partnerships

Reporting Standards

Frameworks Used: GRI Standards, ESRS (in preparation)

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 (Individual respiratory protection equipment sector), EuCertPlast (Plastics Compounds Division)

Third-party Assurance: Limited assurance engagement for FY 2024 planned; no third-party assurance for 2023

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation, and infrastructure)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)

Initiatives contribute to these goals through renewable energy production, waste reduction, recycled material use, and GHG emission reduction

Sustainable Products & Innovation

• Recycled polymers and compounds
• Biodegradable and compostable packaging
• XPS panels for insulation
• PET trays and films for food packaging

Awards & Recognition

• AGIR award for a unique project, first “circularly school” in Romania