Barco NV
Climate Impact & Sustainability Data (2019, 2024)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:548.8 tCO2e/mio € revenues (2018)
Scope 1 Emissions:5.0 tCO2e/mio € revenues (2018)
Scope 2 Emissions:4.5 tCO2e/mio € revenues (2018)
Scope 3 Emissions:539.3 tCO2e/mio € revenues (2018)
Renewable Energy Share:57.3% (2019)
Total Energy Consumption:41.1 MWh/mio € revenues (2018)
Waste Generated:1.54 tons/mio € revenues (2018)
ESG Focus Areas
- Greenhouse gas emissions
- Energy efficiency of products & operations
- Circular economy
- Learning & development
- Employee safety
- Employee health / care
- Diversity & inclusion
- Supplier assurance on sustainability
- Community engagement
- Customer satisfaction
- Business ethics
Environmental Achievements
- Greenhouse gas emissions from our own operations decreased by 16% between 2015 and 2018.
- Logistics-related greenhouse gas emissions dropped by 20% between 2015-2018.
- End-user emissions decreased by 31% between 2015 and 2018.
- 80% of products launched in 2019 were ecoscored; 23% received the Barco ECO label.
- Barco Series 4 projectors received an A ecoscore.
- Coronis Fusion 6MP diagnostic color display received an A ecoscore and Barco ECO label.
- ClickShare Conference received an A+ ecoscore.
Social Achievements
- 99% of employees trained in Barco’s Code of Ethics.
- 24% of vacancies filled internally in 2019.
- Average training hours/employee: 13.2 hours in 2019.
- Worldwide lost-time injury frequency rate: 2.7 in 2019.
- Barco India certified as a ‘Great Place to Work’.
Governance Achievements
- ISO 27001 certification for ClickShare's security processes.
- EcoVadis Gold rating in sustainability.
- ISS-oekom 'Prime' status in Sustainability Rating.
Climate Goals & Targets
Medium-term Goals:
- Reduce the carbon footprint of our own operations by 35% (baseline 2015)
- Reduce the energy use of our own operations by 15% (baseline 2015)
- Zero waste to landfill
- 80% recycling rate in own operations
- Ensure that at least 70% of our revenues comes from products with the Barco ECO label
Short-term Goals:
- Reduce the carbon footprint of our own operations by 20% (baseline 2015)
- Reduce the energy footprint of our products by 25% (baseline 2015)
- Ensure that at least 25% our products launched have the Barco ECO label
Environmental Challenges
- Competition in the Chinese cinema market.
- Cybersecurity threats.
- Meeting evolving regulatory requirements (e.g., GDPR, climate change).
- Maintaining compliance with laws and regulations across various jurisdictions.
- Ensuring supplier adherence to ethical, labor, and environmental standards.
Mitigation Strategies
- Investing in R&D and commercial teams in China.
- Implementing an information security management system according to ISO 27001.
- Embedding security controls in the new product introduction (NPI) methodology.
- Regular employee training on compliance and security.
- Using the RBA Code of Conduct as a sustainability standard for suppliers.
- Integrating sustainability into the procurement process.
Supply Chain Management
Supplier Audits: 98% key & core suppliers signed declaration of compliance with RBA Code of Conduct (2019)
Responsible Procurement
- RBA Code of Conduct
- Product Compliance Requirement Code
- Dodd-Frank Act on conflict minerals
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: ISO 9001, ISO 13485, ISO 14001, ISO 27001
Sustainable Products & Innovation
- Series 4 laser cinema projectors
- Coronis Fusion 6MP diagnostic display
- ClickShare Conference
Awards & Recognition
- EcoVadis Gold rating
- ISS-oekom 'Prime' status
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:541,568 t CO2e
Scope 1 Emissions:2,640 t CO2e
Scope 2 Emissions:8,410 t CO2e (location-based) + 917 t CO2e (market-based)
Scope 3 Emissions:538,011 t CO2e
Renewable Energy Share:70%
Total Energy Consumption:35,404 MWh
Water Consumption:Not disclosed
Waste Generated:1,776 tons
Carbon Intensity:580 t CO2e/mio € (location-based); 572 t CO2e/mio € (market-based)
ESG Focus Areas
- Climate change
- Circular economy
- Employee engagement
- Diversity & inclusion
- Responsible supply chain
Environmental Achievements
- Achieved GHG emission reductions (limited scope 2024 vs 2015) of 492,267 t CO2e
- 70% renewable energy in total energy consumption in 2024
- 68% of revenues from products with Barco ECO label (hardware & software) in 2024
- 86% of new products released with Barco ECO label (hardware and software) in 2024
Social Achievements
- Employee Engagement Score of 73.0%
- Internal mobility of 27% of vacancies filled internally in 2024
- Lost time injury frequency rate of 0.6 per 1,000,000 hours worked (manufacturing sites) in 2024
Governance Achievements
- 100% of in-scope suppliers responded to Conflict Minerals Reporting Template in 2024
- 82% of production spend covered by contracts with sustainability clause in 2024
- Extension of the scope of the ISO27001 certificate
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: 50
Responsible Procurement
- Barco supplier code of conduct
- Sustainability clause in contracts (MSA, signed T&Cs, PA)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: EU Taxonomy, ESRS
Certifications: ISO 27001, ISO 14001 (implied by 100% of manufacturing sites covered)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed