Climate Change Data

PRINZHORN HOLDING GmbH

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:794,012 metric tonnes CO2 eq. (Scope 1); 388,702 metric tonnes CO2 eq. (Scope 2, market-based); 1,122,776 metric tonnes CO2 eq. (Scope 3)
Scope 1 Emissions:794,012 metric tonnes CO2 eq.
Scope 2 Emissions:388,702 metric tonnes CO2 eq.
Scope 3 Emissions:1,122,776 metric tonnes CO2 eq.
Renewable Energy Share:31.9%
Total Energy Consumption:4,239,917 MWh
Water Consumption:18,327,513 m3
Waste Generated:669,792 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate protection
  • Environmental protection and resource efficiency
  • Empowering every employee to reach their full potential
  • Customer centricity and governance

Environmental Achievements

  • Investment of EUR 250 million in CO2 reduction measures, including construction of an RDF power plant and renewal of energy production from lignite to a gas turbine.
  • Significant upgrades at two paper machines resulting in a 60–80% reduction in reject rates and fibre loss.
  • Net waste reduction of 0.6 percentage points at Dunapack Packaging.

Social Achievements

  • Launched LearnPlus, a voluntary e-learning platform offering employees the opportunity to expand their knowledge on various topics, including sustainability issues.
  • Launched a Group-wide project to improve working conditions for production employees based on employee surveys, fluctuation trends and exit interviews.
  • Implemented a division-wide occupational health and safety directive at Hamburger Recycling.

Governance Achievements

  • Joined the United Nations Global Compact.
  • Established a quarterly ESG Board, a comprehensive ESG Ambassador Programme and the Group-wide ESG Academy.
  • Implemented a whistleblower system.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Install and utilize photovoltaic panels across all depots by 2026 where technically and economically possible.
  • Increase the biogenic content of refuse-derived fuels; Invest in renewable energy sources.
Short-term Goals:
  • Finalizing Corporate Carbon Footprint calculation; Assessing levers for decarbonization; Submitting Science Based Targets to SBTi for validation.

Environmental Challenges

  • Increased operational expenses caused by rising energy prices.
  • Reliance on non-renewable fossil fuels.
  • Contribution to global warming through CO2 emissions.
  • Fragile supply chains susceptible to disruptions as a result of the impacts of climate change.
  • Lack of attractiveness as an employer.
  • Reputational damage and the risk of business interruption in the event of non-compliance with business-related legislation.
Mitigation Strategies
  • Increasing energy efficiency and transitioning to renewable energy sources.
  • Implementing energy management systems.
  • Developing a comprehensive decarbonization roadmap.
  • Commitment to the Science Based Targets initiative (SBTi).
  • Improving working conditions for production employees.
  • Implementing a Group-wide Code of Conduct, a Group tax guideline and a whistleblower system.
  • Conducting regular educational updates on local tax matters at Dunapack Packaging.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • FSC® certifications; EN 643 compliance; Supplier checks, including assessments related to international trade sanctions.

Climate-Related Risks & Opportunities

Physical Risks
  • Diminishing availability of water resulting from periods of drought; Heightened cooling demands stemming from the effects of global warming
Transition Risks
  • Increased operational expenses caused by rising energy prices; Reliance on non-renewable fossil fuels; Contribution to global warming through CO2 emissions; Fragile supply chains susceptible to disruptions as a result of the impacts of climate change.
Opportunities
  • Further increasing energy efficiency; Embracing energy self-sufficiency through the incineration of biogenic waste; Enhancing the use of renewable energy sources to reduce environmental impact; Optimizing heat production efficiency; Possible future hydrogen (H2) usage; Capture and utilization of CO2 emissions (CCS / CCU).

Reporting Standards

Frameworks Used: GRI Standards, ESRS draft requirements

Certifications: ISO 14001, ISO 9001, ISO 45001, ISO 50001, EMAS, FSC®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3 – Good health and well-being
  • 4 – Quality education
  • 7 – Affordable and clean energy
  • 8 – Decent work and economic growth
  • 9 – Industry, innovation and infrastructure
  • 12 – Responsible consumption and production
  • 13 – Climate action
  • 16 – Peace, justice and strong institutions

Prinzhorn’s material topics across the value chain are aligned with these SDGs.

Sustainable Products & Innovation

  • SpreeGips Plasterboard Liner with an Environmental Product Declaration (EPD)

Awards & Recognition

  • EcoVadis Bronze Medal (Hamburger Containerboard)