STARK Group A/S
Climate Impact & Sustainability Data (2022-08 to 2023-07)
Reporting Period: 2022-08 to 2023-07
Environmental Metrics
Total Carbon Emissions:93,992 tCO2e/year
Scope 1 Emissions:80,989 tCO2e/year
Scope 2 Emissions:13,003 tCO2e/year
Scope 3 Emissions:11 MtCO2e/year
Renewable Energy Share:65%
Total Energy Consumption:689,000 MWh/year
Water Consumption:251,196 m3/year
Waste Generated:44,800 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate action
- Circularity & resource efficiency
- Ecosystem protection
- Health & safety
- Diversity, equity & inclusion
- Employee engagement & competence development
- Labour rights
- Ethical behaviour & human rights in the supply chain
- Business conduct
- Data ethics
- Responsible tax
- Corporate citizen
Environmental Achievements
- Reduced scope 1 and 2 emissions by 19.4% from a 2020 baseline.
- Increased certified renewable electricity to 65%.
- Reduced waste intensity from operations by 21% since 2020.
- 81% of branches are environmentally certified (ISO 14001 or Eco-Lighthouse).
Social Achievements
- Reduced injury frequency rate from 7.9 to 5.6 per million hours worked.
- Published a Diversity, Equity, and Inclusion Policy.
- Maintained high employee engagement score (74), above industry average.
- Completed 37,652 training hours (3.1 hours per employee).
Governance Achievements
- Integrated a third-party ESG screening for suppliers.
- Linked executive remuneration to sustainability performance.
- Published a public Tax Policy and Tax Impact Report.
- Implemented a confidential whistleblower system (SpeakUp!).
Climate Goals & Targets
Long-term Goals:
- Reach net-zero emissions by 2050.
Medium-term Goals:
- Reduce scope 1 & 2 emissions by 42% by 2030.
- Reduce scope 3 emissions by 12.3% by 2030.
- Achieve 100% renewable electricity by 2030.
Short-term Goals:
- Reduce scope 1 & 2 emissions by 16.8% by 2024.
- Reduce scope 3 emissions by 5% by 2024.
- Achieve 50% renewable electricity by 2024.
- Reduce waste by 20% by 2024.
- Increase waste recycling to 80% by 2024.
- Train 3% of employees as sustainability specialists by 2024.
- Have 10% of branches hold sustainability events annually by 2024.
Environmental Challenges
- Supply chain disruptions due to geopolitical instability (war in Ukraine).
- Green transition of the building sector lagging behind other industries.
- Need to reduce emissions from existing buildings.
- Low penetration of eco-labelled products in some markets (e.g., UK).
Mitigation Strategies
- Comprehensive strategy update with sustainability at its core.
- Expanding commitment to commercialising sustainability.
- Partnerships to decarbonise the value chain.
- Promoting low-carbon products and services.
- Improving supplier ESG performance through knowledge sharing and screening.
- Best practice sharing across markets to leverage waste recycling potentials.
Supply Chain Management
Supplier Audits: 0 onsite audits conducted in 2022/23
Responsible Procurement
- Supplier Code of Conduct
- Product Integrity Process
- Third-party ESG screening (D&B ESG Intelligence)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products and services
- Growth in sustainable construction market
Reporting Standards
Frameworks Used: GRI, TCFD, UN Global Compact
Certifications: ISO 14001, ISO 45001, FSC, PEFC, EcoVadis Platinum
Third-party Assurance: Deloitte Statsautoriseret Revisionspartnerselskab
UN Sustainable Development Goals
- SDG 7
- SDG 12
- SDG 13
- SDG 15
Initiatives contribute to these goals through climate action, resource efficiency, responsible consumption and production, and ecosystem protection.
Sustainable Products & Innovation
- Wide range of eco-labelled products; products to fulfil energy efficiency requirements.
Awards & Recognition
- EcoVadis Platinum rating