Cimpress plc
Climate Impact & Sustainability Data (2022-07 to 2022-06, 2023-07 to 2023-06)
Reporting Period: 2022-07 to 2022-06
Environmental Metrics
Total Carbon Emissions:802973 tCO2e/year (Scope 1 & 2 MB + Scope 3)
Scope 1 Emissions:5856 tCO2e/year
Scope 2 Emissions:14421 tCO2e/year (market-based)
Scope 3 Emissions:676637 tCO2e/year
Total Energy Consumption:117652 MWh/year
ESG Focus Areas
- Responsible governance
- Aligned incentives
- Risk management
- Data privacy and security
- Responsible forestry
- Reducing greenhouse gas emissions
- Reducing and improving plastics
- Diversity, equity & inclusion
- Team member engagement & safety
- Equitable economic opportunity
- Community giving
Environmental Achievements
- 33% reduction in Scope 1 and 2 greenhouse gas emissions from FY2019 levels and 49% since FY2016
- Over 85% of wood fibre products produced at our facilities is made from FSC™-certified materials
- 45% of wood fibre packaging is made from FSC™-certified materials
Social Achievements
- World-class 100-day onboarding program developed for new remote-first team members
- $3.5M of cash and in-kind donations made
- 8.5/10 Cimpress Central and Vista diversity and inclusion score
- Recognized by the Human Rights Campaign Foundation as a Best Place to Work for LGBTQ+ Equality
Governance Achievements
- 40% of board members are women
- 90% shareholder approval of executive compensation program (2013-2021)
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by FY2040
Medium-term Goals:
- Achieve a 53% reduction in emissions by FY2030 (compared to our FY2019 baseline)
Short-term Goals:
- By FY2025: 100% of wood fibre products produced in our facilities are made from FSC-certified materials; 95% of wood fibre products produced on our behalf by 3PFs are made from FSC-certified materials; 95% of wood fibre packaging used in our facilities is either made from FSC-certified materials or contains the highest feasible amount of PCW material
- Eliminate 100% of problematic plastics (PVC and polystyrene) in our packaging and products by FY2025
- Transition 100% of non-reusable packaging to recyclable and/or compostable materials by FY2025
- Increase the recycled content in our plastic products by 20% against our FY2020 baseline, to a minimum of 20% recycled content by FY2025
- Decrease our use of virgin plastic content in our packaging by at least 20% through a combination of plastic elimination and increased recycled content by FY2025
Environmental Challenges
- Accurately measuring FSC progress with third-party fulfillers (3PFs)
- Improving the accuracy of Scope 3 emissions inventory and adopting methodologies that more closely link emissions to performance
- Improving the accuracy of our data and adopting methodologies that more closely link emissions to performance given the nature of our business
Mitigation Strategies
- Initiated conversations with largest 3PFs to outline growing expectations for FSC certified products
- Transitioning from spend-based calculations to supplier-specific calculations that reflect emissions specific to each supplier’s goods and services
- Adopting the use of generic weight-based emission factors for select PG&S categories where supplier-specific data is not yet available
Supply Chain Management
Supplier Audits: Resumed in FY2022 for Vista suppliers; conducted by a third-party
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB
Certifications: FSC Chain of Custody
Third-party Assurance: Grant Thornton LLP (Scope 1, 2, and 3 GHG emissions)
Sustainable Products & Innovation
- PVC-free banners
- Plastic-free paper cups
Awards & Recognition
- Running Remote's Most Flexible Workplace
- Comparably's Best CEO for Women
- NEEBC's Silver Linings Award
- Comparably's Best Company for Work-Life Balance
- Human Rights Campaign Foundation's Best Place to Work for LGBTQ+ Equality
- Institute of Research & Data Aggregation GmbH Leading Employer
Reporting Period: 2023-07 to 2023-06
Environmental Metrics
Total Carbon Emissions:693,331 tCO2e/year
Scope 1 Emissions:6,131 tCO2e/year
Scope 2 Emissions:240,900 tCO2e/year
Scope 3 Emissions:693,331 tCO2e/year
Total Energy Consumption:135,138 MWh/year
Carbon Intensity:0.0077 tCO2e/$ thousand of revenue (Scope 1 & 2)
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- 22% reduction in Scope 1 and 2 (market-based) greenhouse gas emissions from FY2019 baseline levels
- 100% of packaging containing problematic material eliminated
- 83% of wood fiber products produced at our facilities were made from FSC-certified materials
- 44% of wood fiber packaging was made from FSC-certified materials
- 8% (by weight) decrease in the use of PVC and polystyrene plastics
Social Achievements
- 90 out of 100 score on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index
- Launched Same-Sex and Living-Partner Insurance Benefit in India
- Introduced “Mum Project” and “Dad Project” at Pixartprinting to promote work-life balance
- Established Mental Health Alliance and Military Veteran & Families ERGs
Governance Achievements
- Board of Directors formally adopted oversight responsibility for environmental sustainability and governance matters (ESG)
- Adopted new company-wide guidelines for Generative AI
- 95% completion rate for compliance training for non-production employees
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions by FY2040 across Scopes 1, 2, and 3
Medium-term Goals:
- Reduce greenhouse gas emissions by 53% by FY2030 compared to FY2019 baseline
Short-term Goals:
- By the end of FY2025: 100% of wood fibre products from FSC-certified materials; 95% of wood fibre-based packaging from FSC-certified materials or post-consumer waste; 95% of wood fibre products from 3PFs from FSC-certified materials; Eliminate 100% of problematic plastics in packaging and products; Transition 100% of non-reusable packaging to recyclable/compostable materials; Increase recycled content in plastic products by 20%; Decrease virgin plastic content in packaging by at least 20%
Environmental Challenges
- Supply chain disruptions due to shortages of raw materials, rising input costs, currency exchange rate volatility, and rising interest rates
- Temporary interruptions in Energy Attribute Certifications (EACs) purchases
- Challenges in achieving plastic reduction targets due to recyclability, raw material pricing, and supply chain reliability
- Difficulties in accurately measuring FSC progress at third-party fulfillers (3PFs)
Mitigation Strategies
- Leveraged scale-based advantages, expertise in central teams and businesses, information sharing, currency and interest-rate hedging programs
- Resumed EAC purchases
- Partnering with suppliers to identify alternative materials, assessing and testing before launch
- Improved measurement of FSC progress at Vista and Druck.at businesses, included in FY2024 plans
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB
Certifications: FSC Chain of Custody
Third-party Assurance: Grant Thornton LLP
Sustainable Products & Innovation
- PVC-free and polystyrene-free products
- Products made from Seaqual® recycled polyester yarn
- Signage made of corrugated cardboard
Awards & Recognition
- Austrian CSR Seal of Approval (druck.at)
- Best Places to Work for LGBTQ+ Equality (HRC)