Ercros, S.A.

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:306,000 tCO2e (2023, unverified); 367,000 tCO2e (2022, verified)

Total Energy Consumption:4.92 GJ/t produced (2023); 5.07 GJ/t (2022)

Water Consumption:8.62 m3/t produced (2023); 9.33 m3/t (2022)

Waste Generated:0.024 tons/t produced (2023); 0.044 tons/t (2022)

Reduced scope 1 and 2 GHG emissions by 17%
Reduced energy consumption by 9.5% versus 2022
Avoided generation of around 1,300 tonnes of CO2 by reducing transport kilometers
29% of plastic in containers and packaging is recycled plastic
129,000 kilos of pallet wood recycled
Percentage of recovered water in total water consumption increased by 9.3%

Presence of women in workforce reached 19% at year-end
Launched campaigns and training to ensure safe workplaces for women
Production centers certified their healthy organization management system (Sigos)
Accident frequency rate (IFG) was 5 (5.1 in 2022)
Absences due to temporary disability decreased from 5.3% in 2022 to 4.8% in 2023
Average of 27 hours of training per employee, 96% of employees participated in training
69 students completed internships at company sites
Supported sporting, cultural, environmental, educational and solidarity activities

Updated ethical code of conduct to adapt to Spain’s new Whistleblower Protection Act
Introduced a new tool on the website for reporting suspected breaches of the ethical code
Obtained UNE 19601 certification for a criminal compliance management system
Reassessed alignment of Ercros' activities with the EU taxonomy

Medium-term Goals:

Short-term Goals:

Weak demand in the chemical sector
High energy costs
Imports from countries with more favorable energy costs
Uncertainty linked to the lack of a stable and predictable legal framework for energy-intensive companies
Climate change risks (transition and physical)
High staff absenteeism (4.9% in 2023)
Risk of employee claims related to asbestos exposure
Regulatory changes in environmental matters

Implementing the Plan 3D investment plan (diversification, digitalization, decarbonization)
Adjusting production cycles to assure profitability
Defending and consolidating favorable market shares
Phasing out external EDC and using in-house EDC
Monitoring external EDC or VCM procurement transactions
Implementing projects to improve energy efficiency and use of renewable energy
Entering into long-term supply contracts for electricity from renewable energy sources
Implementing a series of actions as part of the 3D Plan aimed at reducing gas consumption
Implementing support contracts and establishing absenteeism committees
Investing in employee training and promoting work-life balance
Implementing a safety management system certified in accordance with ISO 45001
Adapting to the new legal framework and making necessary investments

Supplier Audits: 4 supplier audits, 1 transport company audit, 5 product warehouse audits (2023)

Frameworks Used: GRI, EU Taxonomy, TCFD

Certifications: EcoVadis Platinum, CDP B rating, IEAF 80/100, Responsible Care, ISO 14001, ISO 45001, ISO 50001, EMAS, UNE 19601

Third-party Assurance: Bureau Veritas

The report details how various initiatives contribute to each of the 17 SDGs.