BETER BED HOLDING N.V.
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
Renewable Energy Share:0%
ESG Focus Areas
- People
- Product
- Promise
Environmental Achievements
- Reduced operational CO2 emissions by 12% since 2020
- Opened first experience store in Groningen, based in a sustainably designed building powered by solar panels.
Social Achievements
- Introduced the world’s first sustainable box spring, ‘Element’, in 2018. All materials can be reused after the first lifecycle.
- Offered a full collection of duvet covers and other textiles containing only organic cotton as part of the Kayori collection.
- Introduced the first modular mattress collection from the Beter Bed Right 5000 series in 2021. All materials can be separated as mono-materials and reused or recycled.
Governance Achievements
- Consulted an external party to conduct a ‘Quick Scan’ of sustainability activities to obtain an independent perspective on performance and comparison with industry peers.
Climate Goals & Targets
Long-term Goals:
- Operate completely carbon neutrally by 2030
Medium-term Goals:
- Reduce CO2 emissions by 75% by 2025
- Achieve 75% renewable energy by 2025
- 30% women in extended management team by 2025
- 100% suppliers signed code of conduct by 2025
- 25% of returned mattresses recycled by 2025
- 95% packaging recycled by 2025
- 15% more sustainable products by 2025
Short-term Goals:
- Reduce CO2 emissions by half compared with 2020 by 2022
- Expand Beter Slapen IS diagnosis tool to other stores by the end of 2022
Environmental Challenges
- Climate change poses serious challenges to the environment, economy, and society.
- Need for more engagement in creating new sustainable products and addressing sustainability across the entire value chain.
Mitigation Strategies
- Committed to offering customers more sustainable products until a fully circular collection is achieved.
- Implementing improvements that reduce greenhouse gas (GHG) emissions and increase the energy efficiency of facilities and fleet.
- Expanded focus on energy reduction in stores, distribution centers, and headquarters.
- Undertaking initiatives such as using materials that help make products more sustainable, collaborating to recycle returned mattresses, and exploring opportunities to reduce overall waste generation.
- Developed a set of goals and initiatives to reduce climate impacts beyond energy use.
- Electrifying the fleet of cars and trucks and designing or remodeling the store network, headquarters, and distribution centers to support electric vehicle (EV) infrastructure.
- Engaging with suppliers to develop and offer more sustainable products and searching for more sustainable options outside the sector.
Supply Chain Management
Supplier Audits: 81% of suppliers signed the code of conduct in 2021
Responsible Procurement
- Code of conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: EU Taxonomy Regulation, Non-Financial Reporting Directive (NFRD)
Sustainable Products & Innovation
- Element (sustainable box spring)
- Kayori collection (organic cotton textiles)
- Beter Bed Right 5000 series (modular mattresses)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:2252 tonnes CO2e
Renewable Energy Share:100%
Total Energy Consumption:73 MWh
ESG Focus Areas
- Promise
- People
- Product
Environmental Achievements
- Transitioned to 100% green electricity in 2022 for all in-house operations, resulting in savings of 2,760 tonnes of CO2 over 2022 (46% of total carbon emissions).
- Offset 1,000 tonnes of CO2 emissions by participating in the Yanbei Afforestation Project in the east of China. This resulted in a total CO2 reduction of 64% compared with 2021.
Social Achievements
- All suppliers (100%) signed the Supplier Code of Conduct.
- Launched a new employee engagement survey: Happy@Work, with a 70% response rate and positive results.
- 53 employees received a promotion.
Governance Achievements
- Restructured cross-departmental safety organization, appointed central safety contacts, and redefined procedures.
Climate Goals & Targets
Long-term Goals:
- Operate completely carbon neutrally by 2030.
Medium-term Goals:
- Reduce the CO2 emissions of our own operations by 75% by 2025 in comparison with 2020.
- Triple the proportion of more sustainable products in our product range to 45% by 2025.
- Collect 25% of mattresses sold through our own operations for recycling by 2025.
- Recycle more than 95% of packaging collected in our warehouses by 2025.
Short-term Goals:
- By 2025, 70% of mattresses will be purchased by customers that have benefited from using our Better Sleep I5 diagnostic technology.
- Recycle more than 95% of waste stream by 2025.
- Use exclusively renewable electricity for our own operations by 2025.
- 30% of our fleet of trucks and passenger cars to be electric by 2025.
- By 2025, all of our suppliers will have signed our code of conduct.
Environmental Challenges
- The new EU Corporate Sustainability Reporting Directive (CSRD) requires companies to conduct a ‘double materiality’ assessment, meaning they will both have to report on financial materiality and impact materiality.
- Tight labor market conditions making it challenging to fill vacancies.
Mitigation Strategies
- Performing a gap analysis to identify topics that will take a lot of work and to identify any quick wins. Aiming to conduct the double materiality assessment in 2023.
- Improved online and offline visibility, including launching a new recruitment website.
Supply Chain Management
Supplier Audits: 13 high-risk suppliers audited
Responsible Procurement
- Better Bed Holding Supplier Code of Conduct
- Business Social Compliance Initiative (BSCI)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Sustainable Products & Innovation
- Circular mattress
- Modular mattress
- Karlsson box spring
- Element mattress range
- Simmons Generation mattress collection
Awards & Recognition
- Performance Ladder Social Entrepreneurship (PSK) certificate