Holland Colours
Climate Impact & Sustainability Data (2023-2024)
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:7,796 tCO2e
Scope 1 Emissions:1,058 tCO2e
Scope 2 Emissions:4,809 tCO2e
Scope 3 Emissions:1,851 tCO2e
Renewable Energy Share:51.9% (Netherlands)
Carbon Intensity:756 g CO2equiv/kg (2023/2024)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Decreased emissions across all three scopes compared to 2022/2023. Scope 1 decrease primarily due to reduced fuel combustion; Scope 2 decrease due to lower electricity usage; Scope 3 improvements included adding waste, employee commuting to CO2 calculations.
- Increased share of green energy in the Netherlands to 51.9%
- 44% of product portfolio defined as sustainable (up from 20% the previous year), primarily due to use of natural or bio-based carrier materials.
Social Achievements
- Zero Lost Time Injuries (L1) in 2023/2024.
- Implemented Safety Culture Ladder program, with Apeldoorn site achieving level 3 (some aspects approaching level 4).
- Increased near-miss reporting (L4), indicating greater safety awareness.
- Invested at least 2% of personnel expenses in employee well-being, training, and community activities.
- Extended Better Together Dialogue program for continuous learning and development.
Governance Achievements
- Reorganized program structure to meet sustainability goals under CSRD.
- Renewed double materiality analysis to align with CSRD requirements.
- Established ESG governance structure with program owners and cross-functional support for reporting and communication.
Climate Goals & Targets
Medium-term Goals:
- Reduce the CO2 impact of operational activities by 50% versus 2015 by 2030.
- 90% of revenue to be based on products that contribute to sustainability by 2030.
Environmental Challenges
- Calculating Scope 3 emissions remains complex. Upstream categories 1 and 4, and downstream categories, excluded from Scope 3 calculations due to data limitations.
- Increase in L2 incidents (restricted duty/medical treatment) despite zero L1 incidents.
- Higher CO2 emission factor for electricity despite reduced consumption, leading to an increase in total scope 1 and 2 emissions per kg of material produced.
Mitigation Strategies
- Continued use of Greenhouse Gas Protocol guidelines and external audit for emission factors.
- Focus on reducing waste and collaborating with suppliers to lower emissions.
- Promoting sustainable travel options for employees.
- Continued focus on safety through prevention, reporting near misses, and proactive measures.
Supply Chain Management
Responsible Procurement
- Engaging with suppliers to understand their product development processes and sustainability impacts.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CSRD, GRI (previously used)
UN Sustainable Development Goals
- 3
- 7
- 8
- 9
- 12
- 13
- 17
Holland Colours selected seven UN SDGs most relevant to its internal operations, clients, brand owners, and value chain partners.
Sustainable Products & Innovation
- Pigment encapsulation technology using renewable resources.