GRABOPLAST Zrt.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:8,691.58 t CO2e/year
Scope 1 Emissions:3,279.77 t CO2e/year
Scope 2 Emissions:5,411.81 t CO2e/year
Renewable Energy Share:20% (projected after solar panel completion)
Total Energy Consumption:38,888,612 kWh/year
Water Consumption:11,162,600 litres/year
Waste Generated:1,652,983 kg/year
Carbon Intensity:1.42 kg/m2 CO2
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Completed a new waste recycling investment amounting to more than HUF 800 million in Tatabánya.
- Achieved full waste recycling in the Kecskemét plant – sawdust fired boiler.
- Began installation of solar parks in Győr, Tatabánya and Kecskemét with a total capacity of 2,600 kilowatts (expected to fulfill 20% of energy needs from solar).
- Lighting modernization in Győr resulting in around 40% energy savings.
- Compressor heat recovery.
Social Achievements
- Internal employee communication development (MYGRABO app).
- Comprehensive optimization of work processes in the scope of operational efficiency improvements.
- Active support of communities and associations.
- Prioritized employee health and safety, gender equality and talent development.
Governance Achievements
- Creation of a new, mid-term strategy for the company.
- Extension of digitalization, launch of SAP system implementation.
- Establishment of an ESG Committee.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero emissions by 2050.
Medium-term Goals:
- Increase the proportion of renewable energy; Sustainability oriented supplier assessment along the whole value chain; Introduce and roll out carbon footprint analysis; Modernise the work environment, renovate community areas; Develop a strategic training plan and integrated training structure; Personnel ESG awareness raising and training; Repeat and regularly conduct the employee satisfaction survey; Obtain further certificates to step up quality assurance; Actively pursue donation initiatives.
Short-term Goals:
- Reduce waste by 20% by 2024.
Environmental Challenges
- Rising material and energy prices.
- High interest rates.
- Unpredictability of the exchange rate of the Hungarian currency.
- Economic downturn.
- Cancelled investment projects.
- Postponed construction works.
- Slowing construction industry output due to lack of funds.
- Increasing price competition.
- Difficulties in the Hungarian construction industry.
Mitigation Strategies
- Increased flexibility and responsiveness to the recessionary environment.
- Successful application for government grants to mitigate damages caused by economic volatility and develop workforce.
- Transition to alternative, sustainable energy sources (solar panels).
- Wage measures and a mentoring program to reduce blue-collar worker turnover.
- Diversification of funding options.
Supply Chain Management
Responsible Procurement
- Sourcing raw materials from certified suppliers; Compliance with REACH; Phthalate-free technology; Use of environmentally friendly ingredients; PEFC certified engineered wood parquets.
Climate-Related Risks & Opportunities
Transition Risks
- Increase in raw material costs
- Regulatory changes
- Changes in market demand
- Reputation risks
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: ISO 9001, ISO 14001, PEFC (for wood from sustainably managed forests)
Sustainable Products & Innovation
- EPD certified 18 mm thick 3-strip parquet
- EPD certified sports flooring
Awards & Recognition
- Grand Prize, Building product innovations Grabo Silver Knight (2010 Neocon Chicago)
- Gold medal, Responsible care, Grabo Mega (2022 Innovyn)
- Special Prize of the Jury, Product innovation, Grabo SafeDecor (2007 Solvin)
- Kisalföld Prestige Award (2020)
- Innovation Award (2020)