Climate Change Data

SP Group A/S

Climate Impact & Sustainability Data (2020, 2021, 2023-01 to 2023-06)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:25671 tCO2e (Scope 1 and 2 combined in 2020)
Scope 1 Emissions:3921 tCO2e (2020)
Scope 2 Emissions:21490 tCO2e (2020)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:60,372,241 kWh (electricity in 2020)
Water Consumption:22,960 m3 (2020)
Waste Generated:Not disclosed
Carbon Intensity:0.87 kg/kg processed raw material in 2020

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced carbon emissions by more than 2000 tonnes since 2019
  • Reduced fuel oil consumption by more than 35% since 2019 and more than 60% since 2018
  • Increased focus on using recycled plastics in production

Social Achievements

  • Donated face shields to local hospitals and fire departments in Poland at the start of the COVID-19 pandemic
  • Maintained production levels throughout the COVID-19 pandemic while adjusting working conditions
  • Implemented Lean processes to enable employee influence on their working situation

Governance Achievements

  • Established a whistleblower scheme
  • Adopted a policy to increase the ratio of the underrepresented gender at all management levels
  • Set up a central IT and personal data security function

Climate Goals & Targets

Long-term Goals:
  • Support the transition to a world powered by renewable energy by manufacturing state-of-the-art plastic and composite solutions
Medium-term Goals:
  • No negative environmental impact from operations by 2030
  • Entire global production powered by renewable energy by 2030
  • Entire company carbon neutral in Scope 1 and Scope 2 by 2030
Short-term Goals:
  • Increased focus on recycling and use of recycled plastics in 2021
  • Reducing the volume of by-products deposited and incinerated in 2021

Environmental Challenges

  • Consumption of resources, wasted material, and greenhouse gases from production plants
  • Potential for environmental impact from accidents despite safety procedures
  • Lack of control over suppliers' circumstances regarding electricity and energy (Scope 2)
Mitigation Strategies
  • Certified environmental management systems and other measures to ensure quality and environmental protection
  • Procedures and delegation of responsibilities established at individual sites
  • Focus on reducing energy and electricity consumption, investing in energy-saving equipment, and increasing renewable energy share

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct requiring respect for human rights and compliance with anti-corruption requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, GRI Standards

Certifications: ISO standards (specific certifications listed on page 42 of the annual report)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17

The report details how various initiatives contribute to each of the 17 UN Sustainable Development Goals.

Sustainable Products & Innovation

  • Water purification products
  • Products made from recycled plastics
  • PUR and PIR insulation material
  • Fluoroplastic coatings for waste gas purification
  • Ergonomic mats

Awards & Recognition

  • Code of Care diploma from Hedensted municipality for SP Moulding's social efforts
  • DI Horsens' Traineeship Award for SP Moulding's factory in Juelsminde

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:4,567 tonnes CO2e
Scope 2 Emissions:23,438 tonnes CO2e (location-based), 17,897 tonnes CO2e (market-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:66,753,410 kWh
Water Consumption:28,982 m³
Waste Generated:Not disclosed
Carbon Intensity:0.89 kg CO2e/kg raw materials (location-based)

ESG Focus Areas

  • Environment and climate
  • Social responsibility
  • Corporate Governance

Environmental Achievements

  • Increased use of recycled plastics in production (13.5% of total plastics used in 2021)
  • Development of own products from regenerated materials (e.g., pallet lids from 100% regenerated materials)
  • Investment in solar cells on factory rooftops in Finland and Poland
  • Planned establishment of a solar park in Denmark (Juelsmindehalvøens Solar A/S)

Social Achievements

  • Secured jobs for 43 employees with special needs
  • Offered various training programs (38 in total)
  • Maintained production level throughout the COVID-19 pandemic while adjusting working conditions

Governance Achievements

  • Established a whistle-blower programme
  • Adopted policies on anti-corruption, data ethics, and tax
  • Implemented a policy to increase the ratio of women in management (reached 25% in 2021)

Climate Goals & Targets

Long-term Goals:
  • No negative environmental impact from operations by 2030
  • Support the transition to a world powered by renewable energy by manufacturing state-of-the-art plastic and composite solutions by 2030
Medium-term Goals:
  • Entire global production powered by renewable energy by 2030
  • Entire company carbon neutral in Scope 1 and Scope 2 by 2030
Short-term Goals:
  • Reduce the volume of by-products deposited and incinerated in 2022
  • Strengthen overview of waste sorting fractions in 2022

Environmental Challenges

  • Consumption of resources, wasted material, and carbon emissions from production
  • Risk of odour and noise pollution
  • Risks related to working conditions (safety and health, language barriers)
  • Risk of involvement in activities in countries with human rights abuses
  • Risk of corruption and bribery attempts
  • Risk of cybercriminal attacks
Mitigation Strategies
  • Certified environmental management systems
  • Operational and investment measures to ensure quality and environmental protection
  • Investment in solar park and purchase of energy certificates
  • Risk assessments, guidelines, technical aids, protective equipment, ISO 45001 certifications, and training
  • Supplier Code of Conduct requiring respect for human rights
  • Anti-corruption policy, training, and Code of Conduct
  • Systematic monitoring of IT systems and employee education on IT security

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, GRI Standards

Certifications: ISO 14001 (mentioned, specific details on page 42), ISO 45001 (mentioned)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3, 9, 12

SP Group's core business positively affects SDGs 3, 9, and 12 through products and operations

Sustainable Products & Innovation

  • Products made from repurposed plastics
  • Products from regenerated materials
  • Water purification products
  • Ergonomic mats

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-01 to 2023-06

Environmental Metrics

Total Carbon Emissions:4,517 tCO2e (Scope 1) + 23,777 tCO2e (Scope 2, location-based) in 2022
Scope 1 Emissions:4,517 tCO2e (2022)
Scope 2 Emissions:23,777 tCO2e (2022, location-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:65,201,596 kWh in 2022
Water Consumption:30,534 m3 in 2022
Waste Generated:Not disclosed
Carbon Intensity:1.07 kgCO2e/kg processed raw material (2022, location-based)

ESG Focus Areas

  • Environmental impact from operations
  • Renewable energy
  • Carbon neutrality
  • Sustainable energy transition
  • Plastic waste reduction
  • Recycling
  • UN Sustainable Development Goals

Environmental Achievements

  • Increased use of recycled plastics in production
  • Development of products using recycled household waste (e.g., container floors, pallet lids)
  • Substitution of wood with plastics and composites
  • Reporting Scope 1 and 2 carbon emissions since 2020

Social Achievements

  • SP Moulding became a signatory to the UN Global Compact in January 2012
  • SP Group became a signatory to the UN Global Compact in December 2020
  • Active work with the UN Sustainable Development Goals

Governance Achievements

  • Sustainability committee established (The Board of Directors)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Entire global production to be powered by renewable energy by 2030
  • Becoming carbon neutral in Scope 1 and 2 emissions by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Higher rate of inflation
  • Higher interest rates
  • Energy crisis
  • War in Ukraine
  • Disruptions in supplies, production, and sales (Accoat)
  • Declining demand in Western and Eastern Europe for TPI products due to increasing corn prices and the war in Ukraine
Mitigation Strategies
  • Adjusted production to fit current demand (Accoat)
  • Implementing efficiency-enhancing measures (Gibo Plast)
  • Investing in new advanced production equipment
  • Expansion of production in Poland, China, Sweden, and Denmark

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products using recycled materials

Awards & Recognition

  • Not disclosed