Climate Change Data

STEICO SE

Climate Impact & Sustainability Data (2018, 2020, 2021, 2022)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:376,343.4 tCO2e/year
Scope 1 Emissions:208,005.5 tCO2e/year
Scope 2 Emissions:168,337.9 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:36% (2018)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Economy

Environmental Achievements

  • Reduced energy generation from coal by 30% compared to 2016.
  • Increased energy production from biomass by 79% compared to 2016.
  • Increased energy efficiency by 17% compared to 2016.
  • Headquarters in Feldkirchen is a plus-energy house (generating more energy than it consumes).

Social Achievements

  • Employed 249 more people in 2018 than in 2016.
  • Offers individual working time models to accommodate employee needs.
  • Provides a wide range of training and continued professional development opportunities.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Discontinue the use of fossil fuels, especially coal, as far as possible.

Environmental Challenges

  • High energy consumption in production.
  • Use of coal as an energy source.
Mitigation Strategies
  • Switching to biomass for steam and heat generation in production.
  • Installing an electric turbine to generate electricity from biomass.
  • Investing in energy-efficient production facilities.
  • Implementing closed water cycles in production plants.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 100% FSC® or PEFC® certified wood from sustainably managed forests; no wood from unclear origin or protected forests; compliance with EUTR rules.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: FSC®, PEFC®, ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • STEICOflex, STEICO protect 037, STEICOfloc, I-joists, laminated veneer lumber

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:507,437.7 tCO2e (Scope 1+2+3)
Scope 1 Emissions:254,568.5 tCO2e
Scope 2 Emissions:213,099.1 tCO2e
Scope 3 Emissions:39,770.1 tCO2e
Renewable Energy Share:48% (Biomass)
Total Energy Consumption:1,509,176 MWh
Water Consumption:1,360,068 m³
Waste Generated:8644 tons
Carbon Intensity:0.95 t CO2 per ton of finished product in 2020

ESG Focus Areas

  • Climate Change
  • Resource Efficiency
  • Social Responsibility
  • Employee Well-being
  • Supply Chain Sustainability

Environmental Achievements

  • Reduced coal use by 39%
  • Increased biomass use by 21%
  • Reduced energy intensity by 10%
  • Reduced CO2 intensity by 27%
  • Reduced greenhouse gas emissions by 96,133 t
  • Reduced waste by 8,891 t of resources and 1,383 t of greenhouse gases
  • 100% use of raw materials, 0% waste

Social Achievements

  • Created 68 additional jobs
  • Donated €70,000 to Polish hospitals during the COVID-19 pandemic
  • 86% of employees covered by collective agreements

Governance Achievements

  • Established a compliance officer role
  • Implemented a redesigned pricing and discount structure for transparency

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Global warming and extreme weather events impacting forest ecosystems and raw material availability
  • Increased raw material prices
  • Uncertainty among employees regarding job security due to the COVID-19 pandemic
Mitigation Strategies
  • Investing in capacity expansion at existing sites and developing a new site
  • Maintaining job security and even hiring additional employees during the pandemic
  • Implementing a redesigned pricing and discount structure
  • Using sustainable forestry with FSC® or PEFC certification

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sourcing wood from sustainably managed forests with FSC® or PEFC certification
  • Regional sourcing of wood within a 150km radius

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events impacting forest ecosystems
Transition Risks
  • Reduced availability of wood as a raw material
Opportunities
  • High demand for wood products due to decarbonization efforts
  • Resource efficiency of wood products compared to mineral building products
  • Contribution to energy efficiency of buildings

Reporting Standards

Frameworks Used: GRI (Core Option)

Certifications: ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 13 (Climate Action)

STEICO's products contribute to energy efficiency, sustainable construction, and carbon sequestration.

Sustainable Products & Innovation

  • Wood fiber insulation materials
  • Cellulose insulation
  • Laminated veneer lumber
  • I-joists

Awards & Recognition

  • First Bavarian Resource Efficiency Award

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:373,197.4 tCO2e/year
Scope 1 Emissions:127,895 tCO2e/year
Scope 2 Emissions:190,653 tCO2e/year
Scope 3 Emissions:54,648.8 tCO2e/year
Renewable Energy Share:53% of total energy use (2021)
Total Energy Consumption:1,678,239 MWh/year
Water Consumption:1,523,621 m3/year
Waste Generated:7,853 tons/year
Carbon Intensity:0.65 tCO2e/ton of final product (2021)

ESG Focus Areas

  • Climate Change Mitigation
  • Resource Efficiency
  • Employee Well-being
  • Governance

Environmental Achievements

  • Reduced CO2 intensity of energy consumed by 38% compared to 2020
  • Reduced CO2 emissions for business travel by an unspecified amount (target of 60% reduction by 2026)
  • Coal use reduced by 38%, biomass increased by 31%
  • CO2 intensity cut by 33% (CO2 emissions per ton of finished product)
  • Products bound almost two and a half times as much CO2 as was released during production.
  • 6,514 tons of resources and 1,053 tons of greenhouse gases cut by waste management

Social Achievements

  • 68 additional jobs were created in 2021
  • Donations of around €65,000 in 2021
  • Implemented various employee wellbeing initiatives (fruit, sport, vaccinations, pool, etc.)

Governance Achievements

  • Implementing a uniform, group-wide whistleblower system to combat corruption by the end of 2023

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Transition 80% of temporary workers and limited-term employees to long-term employment relationships by 2026
  • Cut the proportion of temporary workers and limited-term employees to 5% by 2026
  • Implement a system to obtain, review and implement employee suggestions to improve workplace quality by 2026
  • Achieve 80% concordance between job requirements and employee qualifications by 2026
Short-term Goals:
  • Reduce CO2 intensity of energy consumed by 24% compared to 2021 by 2026
  • Reduce CO2 emissions from travel by 60% compared to 2021 by 2026
  • Implement a group-wide whistleblower system by end of 2023

Environmental Challenges

  • Supply chain disruptions due to low availability of certified biomass, pellets, and gas (due to the war in Ukraine)
  • Increased energy requirements due to reduced coal use
  • Potential for downstream water shortages in dry summers
  • Potential for dust emissions in unfavorable wind conditions
  • Increased proportion of early wood in tree rings due to climate change
Mitigation Strategies
  • Continued use of coal as a backup fuel source (aiming for near-zero coal use by 2023)
  • Installing an electric turbine in Czarnków to generate electricity from renewable materials
  • Implementing a closed water cycle in Casteljaloux
  • Improving filter and suction systems to reduce dust emissions
  • Investing in more efficient energy use and alternative raw materials

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sourcing timber from FSC® or PEFC certified sustainable forestry

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in tree species composition
  • Increased proportion of early wood in tree rings
  • Extreme weather events
Transition Risks
  • Increased timber prices
  • Increased competition
  • Regulatory changes
Opportunities
  • Increased demand for sustainable building materials
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 13 (Climate Action)

STEICO's initiatives contribute to these goals through the use of renewable materials, energy efficiency improvements, and CO2 storage in its products.

Sustainable Products & Innovation

  • Wood fiber insulation materials
  • LVL
  • I-joists

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:284,656 tCO2e/year
Scope 1 Emissions:75,828 tCO2e/year
Scope 2 Emissions:152,502 tCO2e/year
Scope 3 Emissions:56,326 tCO2e/year
Renewable Energy Share:66% (Biomass and wood pellets)
Total Energy Consumption:1,509,470 MWh/year
Water Consumption:1,436,491 m3/year
Waste Generated:23,843 tons/year
Carbon Intensity:0.61 tCO2e/ton of final product (2022)

ESG Focus Areas

  • Climate Change
  • Resource Efficiency
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced greenhouse gases by 24% (88,541 t) from 2021 to 2022
  • Reduced coal use by 54% compared to 2021
  • Reduced CO2 intensity by 19% in 2022 (CO2 emissions per ton of finished product)
  • 78% of waste recycled in 2022
  • STEICO’s products bound almost three times as much CO2 as was released during production in 2022
  • 100% use of raw timber, 0% waste for LVL production

Social Achievements

  • Donations of around €105,000 in 2022
  • No cases of discrimination in 2022

Governance Achievements

  • Implementing a uniform, group-wide whistleblower system (planned completion end of 2023)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 80% concordance between job requirements and employee qualification by 2026
  • Provide 1 working week per employee per year for continued professional development by 2026
  • Have 15% electric cars in company fleet by 2026
Short-term Goals:
  • Reduce CO2 intensity of consumed energy by 24% compared to 2021 by 2026
  • Reduce CO2 emissions from business travel by 60% compared to 2021 by 2026
  • Transitioning 80% of temporary workers and limited-term employees to permanent employment by 2026
  • Cutting the proportion accounted for by temporary workers and limited-term employees to 5% by 2026

Environmental Challenges

  • Continued use of fossil fuels (gas and coal), albeit to a lesser extent
  • High proportion of coal-generated electricity in Poland
  • Low availability of certified biomass, pellets, and gas due to the war in Ukraine
  • Gender ratio in executive positions is not yet balanced
Mitigation Strategies
  • Investing in renewable energy sources (photovoltaic system, biomass boiler)
  • Offsetting all CO2 emissions from air travel
  • Transitioning to electric vehicles
  • Implementing a system to obtain, review and implement employee suggestions to improve workplace quality
  • Implementing a system to record days of absence with the aim of introducing activities to promote good health and reduce the number of days of absence

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Procurement of timber exclusively from PEFC-certified sustainable forestry

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in tree species due to climate change leading to higher timber prices
Transition Risks
  • Increased market pressure due to changes in tree species
  • Higher timber prices due to slower spruce growth
Opportunities
  • Increased demand for renewable and sustainable insulation materials

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, ISO 14001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 13 (Climate Action)

STEICO's initiatives contribute to these goals through the use of renewable materials, energy efficiency improvements, and CO2 emission reductions.

Sustainable Products & Innovation

  • Wood fiber insulation materials, cellulose cavity insulation, timber construction products

Awards & Recognition

  • Not disclosed