Climate Change Data

WindowMaster International A/S

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:467.7 tCO2e/year (2020, potentially not fully representative)
Scope 1 Emissions:279.8 tCO2e/year (2019)
Scope 2 Emissions:21.14 tCO2e/year (2020)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (headquarters electricity); 100% (production site electricity)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:3.62 tCO2e per FTE (2020)

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced CO2e emissions from 545.8 tons in 2019 to approximately 467.7 tons in 2020 (Note: 2020 figures may not be fully representative due to reduced business travel during the pandemic).
  • 100% wind energy at headquarters.
  • 100% renewable energy for electricity at the production site.
  • Reduced business travel emissions by 91% compared to 2019.
  • Implemented new abatement levers to shift to a non-fossil fuel powered vehicle fleet by 2025.
  • Employees initiated a change to certified recycled filling material in packaging, reducing water and energy consumption by 60%.

Social Achievements

  • Established a graduate program.
  • Invested 171,776 DKK in employee training.
  • Achieved 20% female representation on the Board of Directors (2020 target).

Governance Achievements

  • Established a sustainability team.
  • Published non-financial information in compliance with section 99a of the Danish Financial Statements Act.
  • Became a Nasdaq ESG Transparency partner.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • By 2025, our entire vehicle fleet will be non-fossil fuel powered.

Environmental Challenges

  • COVID-19 pandemic impacting business activity and data collection.
  • Difficulty in calculating Scope 3 emissions due to data limitations and external factors.
  • Traditional construction industry gender imbalance.
Mitigation Strategies
  • Implemented procedures to protect the company's financial results during the pandemic.
  • Increased usage of online conference calls to reduce business travel.
  • Continued efforts to improve data collection and calculation methods for Scope 3 emissions.
  • Setting targets for increased female representation on the board and in mid-level management.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI Standards (Core Option)

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 9
  • SDG 12
  • SDG 11

WindowMaster's operations directly impact these SDGs through its indoor climate solutions and engagement in sustainable building practices.

Sustainable Products & Innovation

  • Natural ventilation solutions, mixed-mode ventilation solutions, and smoke ventilation solutions.

Awards & Recognition

  • Initiative Prize from the Federation of Danish Industry – Capital Region (2020)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:397.8 tCO2e
Scope 1 Emissions:316.3 tCO2e
Scope 2 Emissions:16 tCO2e (market-based)
Scope 3 Emissions:395.1 tCO2e
Renewable Energy Share:29.8%
Total Energy Consumption:2956.6 GJ
Carbon Intensity:1.4 tCO2e/MDKK in 2022

ESG Focus Areas

  • Climate change
  • Circular economy
  • Healthy indoor climate
  • Employee well-being
  • Supply chain responsibility

Environmental Achievements

  • Science Based Targets initiative (SBTi) approved for a 46% reduction in Scope 1 and 2 emissions by 2025.
  • Installed EV chargers at HQ and transitioning company car fleet to EVs.
  • Established a framework for a product take-back scheme (pilot in Denmark in 2023).

Social Achievements

  • Created a new People & Culture function to focus on talent attraction and retention.
  • Implemented a mandatory onboarding program ('WindowMaster Academy') for new employees.
  • Updated Supplier Code of Conduct to be more comprehensive.

Governance Achievements

  • Conducted a thorough double materiality assessment of the value chain.
  • Updated the Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (implied).
Medium-term Goals:
  • 100% emission-free in Scope 1 and 2 by 2030.
  • 100% circular in production chain by 2030.
  • 100% of suppliers to sign Supplier Code of Conduct by 2025.
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 46% by 2025 (SBTi target).
  • Reduce Scope 3 emissions from transport by 25% by 2025.
  • 100% non-fossil fleet by 2025.
  • 100% renewable electricity in all offices by 2025.
  • 60% of direct material purchases covered by signed Supplier Code of Conduct by end of 2023.

Environmental Challenges

  • Scope 3 emissions (primarily from upstream and downstream transport and product use).
  • Maintaining gender diversity in the workforce and Board of Directors.
  • Ensuring responsible practices throughout the global supply chain (human rights, labor standards, anti-corruption).
Mitigation Strategies
  • Developing a roadmap to decouple growth from emissions.
  • Investing in EVs and potentially relocating supplier production volume to Europe.
  • Implementing supplier due diligence and audit processes.
  • Working towards a 100% circular business model by 2030.

Supply Chain Management

Supplier Audits: 34% of spend covered by signed Supplier Code of Conduct in 2022.

Responsible Procurement
  • Supplier Code of Conduct (covering labor standards, human rights, anti-corruption).

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and solutions.

Reporting Standards

Frameworks Used: UN Global Compact, Danish Financial Statement Act §99a, CSRD

Certifications: ISO 9001

UN Sustainable Development Goals

  • Goal 3 (Good Health and Well-being)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 17 (Partnerships)

Initiatives contributing to these goals are described throughout the report.

Sustainable Products & Innovation

  • Natural ventilation solutions, mixed-mode ventilation solutions, and smoke ventilation solutions.

Awards & Recognition

  • Danish Design Award 2021 (NOTECH natural ventilation system)