Climate Change Data

Endutex SGPS, S.A.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:265 tCO2eq per M€ generated (Scope 1 & 2, Industry only)
Renewable Energy Share:12% (Industry only)
Total Energy Consumption:224,742 GJ/year (Industry and Hospitality)
Water Consumption:18,000 m3/year (Hospitality) + 0.500 m3/year (Oeiras Tower)
Waste Generated:1,285 tons of non-hazardous waste + unspecified hazardous waste (Industry only)
Carbon Intensity:2,259.5 kg CO2 eq/tep (Endutex – Coated Technical Textiles)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Water
  • Attracting and retaining talent
  • Product quality and safety
  • Health & safety
  • Affected communities
  • Ethics, integrity, and compliance
  • Procurement practices
  • Risk management and internal controls

Environmental Achievements

  • Reduced energy intensity by 6% and specific energy consumption by 8% in Endutex – Coated Technical Textiles.
  • Doubled the power installed in our photovoltaic plant, mitigating the emission of 273 tCO2eq.
  • Reinforced water-based and PVC-free coating processes, decreasing energy consumption and GHG emissions.
  • Developed the project “Biotex Generation”, providing textile solutions with a lower carbon footprint (CO2 emission reductions ranging from 29% to 65% for various products).
  • Diverted almost 25% of total waste from disposal through reuse, recycling, and other recovery operations.
  • Increased the use of recycled yarn by 72% compared to 2021.
  • Increased the use of water-based chemical products by 45% compared to 2021.

Social Achievements

  • Reduced turnover rate to 10.4% in the Industry sector and implemented several measures to improve working conditions and well-being of employees (monthly bonuses, overtime pay, gifts, insurance, partnerships for employee discounts).
  • Reduced turnover rate in Hospitality & Real Estate to 46.8% while recruiting 60 new employees.
  • Implemented a salary distinction for employees in Oeiras to better align with regional living costs.
  • Provided 119.1 hours of training per employee in the Industry sector, including 290 hours focused on sustainability and ESG.
  • Provided 42 hours of training per employee in the Hospitality & Real Estate sector.

Governance Achievements

  • Revised Code of Conduct and Ethics in 2022.
  • Appointed a regulatory compliance officer.
  • Established a whistleblower channel.
  • Developed a Supplier Code of Ethics and Conduct.
  • Assessed 100% of new suppliers using environmental and social criteria.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase the percentages of renewable and recycled materials used in production.
  • Implement additional water recovery initiatives.
Short-term Goals:
  • Obtain Green Key and Biosphere certifications for Moov Hotels.

Environmental Challenges

  • High energy consumption in the Industry sector.
  • High staff turnover in the Hospitality & Real Estate sector.
  • Difficulties in attracting and retaining talent (high priority risk).
  • Global requirements in the automotive sector (high priority risk).
  • Fixed costs and high commissions in Hospitality.
  • Competition from new hotels.
  • Uncertainty in raw material prices and availability.
  • Environmental Management System not certified.
Mitigation Strategies
  • Energy consumption reduction plan with annual targets based on energy intensity, carbon intensity, and specific energy consumption.
  • Investment in renewable energy (photovoltaic plant).
  • Implementation of energy conservation measures (thermal insulation, equipment upgrades, LED lighting).
  • Development of sustainable products with lower carbon footprints.
  • Implementation of talent retention measures (training, career development, improved working conditions).
  • SWOT analysis to identify risks and opportunities.
  • Supplier Code of Ethics and Conduct to ensure responsible practices.

Supply Chain Management

Supplier Audits: 100% of new suppliers assessed using environmental and social criteria.

Responsible Procurement
  • Supplier Code of Ethics and Conduct
  • Supplier Fact Sheet and Self-assessment Sheet

Climate-Related Risks & Opportunities

Physical Risks
  • Increased likelihood of extreme weather events
  • Impacts on the health and well-being of workers
  • Damage to structures and buildings
  • Disruption to the supply and availability of raw materials and essential services
Transition Risks
  • Loss of business opportunities or customers due to non-compliance with carbon footprint requirements
  • More stringent criteria due to changes in government policy and environmental requirements
  • Loss of customers and reputational damage due to poor performance on energy use, GHG emissions, and other environmental issues
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: OEKO-TEX STeP Level 3 (Endutex - Dyeing), ISO 9001, Oeko-Tex Standard 100, GOTS, GRS, OCS, RCS, SMETA (Endutex – Coated Technical Textiles)

Sustainable Products & Innovation

  • Biotex Generation products

Awards & Recognition

  • Travellers' Choice Award (Moov Hotels)