Scope Ratings GmbH
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Recycling and product support
- Circular economy and brand value
- Safety and labelling
- Resource management
- Energy management
- Product innovation
- Labour management
- Health & safety
- Clients and supply chain
- Board independence
- Risk management
- Financial disclosure
- Stakeholder relations
Climate Goals & Targets
Environmental Challenges
- Regulatory pressure to disclose ESG-related performance
- Growing consumer expectations for safer products and sustainable practices
- Need to reduce plastic use and enhance recycling
- Balancing sustainability with sales of new products
- Managing costs associated with longer product support and regulatory compliance
Mitigation Strategies
- Government subsidies for green initiatives
- Focus on recycling to reduce environmental impacts
- Investment in modern, energy-efficient manufacturing equipment
- Greater vertical integration
- Emphasis on product reuse, repair, and recycling
Supply Chain Management
Responsible Procurement
- Ensuring supplier adherence to high ESG standards
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events, natural disasters
Transition Risks
- Regulatory changes, shifting consumer preferences
Opportunities
- Development of sustainable products and processes