Climate Change Data

Neolith Group

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:103,009 tCO2e/year (location-based)
Scope 1 Emissions:29,519 tCO2e/year
Scope 2 Emissions:5,709 tCO2e/year
Scope 3 Emissions:67,781 tCO2e/year
Renewable Energy Share:100% (electricity at Castellón plant)
Total Energy Consumption:184,493,473 kWh/year
Water Consumption:37,352 m3/year
Waste Generated:32,146 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Waste Management
  • Circular Economy
  • Human Capital
  • Supply Chain
  • Corporate Governance

Environmental Achievements

  • Offset 100% of Scope 1 CO2 emissions
  • Recycled 96% of waste generated at the production plant
  • Launched 90R technology (Neolith products with up to 90% recycled materials)
  • Achieved climate neutrality since 2019
  • Invested €459,680 in environmental protection
  • Planted 730 trees

Social Achievements

  • Hired 200 people in 2021, 90% with long-term contracts
  • Donated €32,950 to World Central Kitchen and €100,000 worth of food to food banks
  • Implemented a Safety-First program focusing on health and safety
  • Conducted first climate and engagement survey with 99% employee participation
  • Developed various HR policies to improve working conditions (Health and Safety Policy, Occupational Risk Prevention Policy, Digital Disconnect Policy)

Governance Achievements

  • Updated delegated authority matrix
  • Conducted first materiality survey and ESG strategy and action plan
  • Established ESG Committee
  • Linked 10% of management committee’s variable remuneration to ESG action plan implementation (increased to 25% in 2022)
  • Reviewed Code of Ethics, Code of Conduct, Global ESG and Sustainability Policy, Health and Safety Policy, and other key policies

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Achieve Zero Waste certification in 2022

Environmental Challenges

  • COVID-19 pandemic impact (supply chain disruptions, energy price increases)
  • Environmental impact of raw material extraction and treatment
  • Waste management
  • Climate change risks (carbon price increase, drought, extreme heat)
  • Occupational health and safety (crystalline silica exposure)
Mitigation Strategies
  • Robust growth strategy
  • Securing alternative and sustainable raw material sources
  • Implementing policies and procedures for water and waste recycling
  • Climate neutrality through carbon offset projects
  • Climate risk assessment (TCFD)
  • Safety-First program
  • Updated Health and Safety Policy
  • Freedom project (reducing crystalline silica content in products)
  • NeolEAT technology (mitigating bacterial growth)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct for suppliers
  • Procurement Quality Handbook
  • ESG criteria embedded in supplier approval process
  • Supplier self-assessment on environmental and social aspects

Climate-Related Risks & Opportunities

Physical Risks
  • Drought and water stress
  • Extreme heat
Transition Risks
  • Increase in carbon prices
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: TCFD, GRI

Certifications: ISO 14021, Cradle to Cradle (process initiated), Declare (International Living Future Institute), GREENGUARD, GREENGUARD GOLD, CE, ISO 9001, ISO 45001 (in process)

Third-party Assurance: Third-party assurance for ISO 14021

UN Sustainable Development Goals

  • SDG 8 (Decent Work and Economic Growth)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)

Actions under the ESG Action Plan contribute to these SDGs

Sustainable Products & Innovation

  • 90R technology products
  • NeolEAT technology products

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:54,165 tCO2e (market based) / 60,560 tCO2e (location based)
Scope 1 Emissions:31.78 tCO2e
Scope 2 Emissions:5,213 tCO2e (location based) / 59 tCO2e (market based)
Scope 3 Emissions:24,464 tCO2e (location based) / 23,223 tCO2e (market based)
Renewable Energy Share:100% (electricity)
Water Consumption:62,706 m3 (mains water)
Waste Generated:22,826 tons (2023)

ESG Focus Areas

  • Environmental compliance
  • Employee health and safety
  • Customer satisfaction
  • Climate change
  • Waste and a circular economy
  • Human capital development
  • Supply chain and environmental impact
  • Energy and material consumption
  • Product sustainability
  • Human rights in the supply chain
  • Talent attraction and retention
  • Corporate culture and engagement

Environmental Achievements

  • Maintained Carbon Neutral status, compensating Scope 1, 2, and 3 emissions.
  • Launched products with up to 98% recycled content (98R label).
  • 100% of water used is recycled.
  • 100% of electricity comes from renewable sources or is self-generated.
  • Scope 1 Carbon Footprint dropped by 19%, Scope 2 by 28%, and Scope 3 by 55% compared to 2022.
  • Achieved "Zero Waste" certification with the highest score (Excellent Plus).

Social Achievements

  • Reduced gender pay gap from 3.8% to 1.9%.
  • 99% of employees have indefinite term contracts.
  • 6,600 hours of employee training.
  • Crystalline silica content in new products ranges from 0-9%.

Governance Achievements

  • Continued corporate governance consolidation strategy.
  • Implemented various monitoring committees.
  • Renewed ISO 9001 and ISO 14001 certifications.
  • Endorsed the UN Global Compact and submitted goals to SBTi for approval.

Climate Goals & Targets

Long-term Goals:
  • Full climate neutrality

Environmental Challenges

  • Fall in demand.
  • Geopolitical risks impacting energy and raw material prices and availability.
  • International geopolitical situation.
  • Managing energy costs and raw material costs.
  • Ensuring international logistics chain operation.
Mitigation Strategies
  • Proven ability to adapt to complicated situations.
  • Demand forecasting and planning systems.
  • Relationships with the environment and communication with customers and distributors.
  • Continuous improvement programs to reduce waste.
  • Investment in renewable energy (solar plant).

Supply Chain Management

Supplier Audits: Nearly 100% of suppliers with a volume of more than €50,000 were evaluated in 2023.

Responsible Procurement
  • ESG criteria in supplier approval process
  • Code of conduct for suppliers
  • Procurement quality manual focusing on quality, environmental affairs, and human rights
  • Supplier self-evaluations (RFI) including environmental and social aspects.

Climate-Related Risks & Opportunities

Transition Risks
  • New regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SBTi, UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 14021, Zero Waste (Excellent Plus), EcoVadis Gold Medal (98th percentile), EPD, Declare, M1 Emission Classification, LEED Points Earner, GreenGuard Gold Certification, NSF Gold Certification, Kosher, EC (European Commission) Certification, China Compulsory Certificate (CCC)

UN Sustainable Development Goals

  • SDG 12
  • SDG 8
  • SDG 13

Actions in the ESG Action Plan contribute to these goals.

Sustainable Products & Innovation

  • Products with up to 98% recycled content
  • Crystalline silica-free products