TMD Friction
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Decarbonisation
- Responsible Supply Chains
- Customer Health and Safety
- Product Quality and Safety
- Creating a safe, inclusive, and developmental workplace
- Ethical Governance
Environmental Achievements
- Reduced landfill waste by 41% compared to 2021 (exceeding the 20% target for 2023)
- Increased renewable energy sourcing by 88% compared to the previous year
- Overall energy consumption decreased by 17% between 2021 and 2023
- Repurposed waste streams increased by 100% compared to 2021
- Successfully removed copper from premium products, private label, and Mintex Racing products in Hartlepool, UK
Social Achievements
- Launched TMD Connect, a networking programme with a focus on "Women in Business"
- Rolled out a global Employee Assistance Programme (EAP)
- Provided 60 apprenticeships across global operations
- TMD Friction Salto, Brazil achieved Great Place to Work certification for the second year
- Donated over 100,000 EUR to charitable organisations
Governance Achievements
- Refreshed Supplier Code of Conduct including access to the global whistleblowing reporting mechanism
- Implemented a risk management platform for rapid detection of risks and vulnerabilities
- Expanded Vulnerability Management system through Rapid7 InsightVm
- Implemented a global IS training and awareness solution – KnowBe4
Climate Goals & Targets
Long-term Goals:
- Further reduce energy usage by 10% by 2040
- Reduce VOC emissions in manufacturing processes by 2040
- Make product packaging 100% recyclable by 2040
Medium-term Goals:
- Decrease natural gas use by 20% by 2030
- Source 100% renewable energy by 2030
- Reduce carbon emissions in logistics by 10% by 2040
- Expand responsible sourcing 100% by 2030
- 80% of core products PCF calculated by 2030
Short-term Goals:
- Reduce VOC emissions in manufacturing processes by 5% by 2025
- Reduce landfill waste by 50% by 2030
- Have 50% of raw material suppliers engaged and assessed on sustainability risks and opportunities by 2025
- Be 100% copper-free in new developments by 2025
- Have an embedded wellbeing programme for all employees by 2025
Environmental Challenges
- Scope 3 emissions assessment was limited in 2023
- Work to be done in diversity and inclusion
- Need to further develop supplier relationship management (SRM) and due diligence
Mitigation Strategies
- Increased sustainability data management systems and assessments to be implemented in 2024 for more in-depth reporting
- Key objectives on diversity and inclusion to be included in the TMD Friction Sustainability Roadmap 2040 in 2024
- Increased focus on supplier due diligence and engagement on sustainability topics in 2023, including refreshing the supplier code of conduct and implementing assessment platforms
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Refreshing supplier code of conduct
- Integrating an additional supplier relationship management platform
- Rolling out a supply chain ESG assessment platform
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Great Place to Work (TMD Friction Salto, Brazil)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Copper-free brake pads for high-performance vehicles
- Lightweight commercial vehicle brake pads
- Titanium back plate for brake pads
- CV-light plate for brake pads (33% weight reduction)
Awards & Recognition
- Not disclosed