Neenah, Inc.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:358,122 tCO2e/year (2019)
Scope 1 Emissions:211,048 tCO2e/year (2019)
Scope 2 Emissions:147,074 tCO2e/year (2019)
Renewable Energy Share:17.8% (2019)
Total Energy Consumption:4,681,385 MMBTU/year (2019)
Water Consumption:3,785 M gallons/year (2019)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Greenhouse Gas emissions declined by more than 15% (per unit of volume produced versus 2014 baseline)
- Energy consumption was reduced by more than 18% (per unit of volume produced versus 2014 baseline)
- Water withdrawn fell by more than 17% (per unit of volume produced versus 2014 baseline)
- 100% of Neenah’s wood fiber purchases are coming from FSC certified materials and other controlled sources
Social Achievements
- In 2019 more than 400 employees attended training workshops focusing on leadership and management skills
- Received the Forest Stewardship Council® Leadership Award in 2019
- In the past 5 years, we’ve increased the diversity of both our U.S. workforce and our Board of Directors
- Along with our employees, we contributed over $250,000 annually to charitable local causes and participated in over a dozen local activities
Governance Achievements
- Almost half of our Board of Directors and a third of our senior management team consist of women
- A robust corporate governance structure with an engaged Board of Directors and management team
Climate Goals & Targets
Short-term Goals:
- Recordable injury rate of “Under 1 in 2021”
Environmental Challenges
- Potential climate change risks, including future environmental legislation, weather-related impacts to raw material inputs, energy, customer demand, and physical assets
Mitigation Strategies
- Taking an active role to manage climate change risks appropriately
- Investing in a Regenerative Thermal Oxidizer (RTO) to reduce emissions and natural gas consumption
Supply Chain Management
Responsible Procurement
- Ethical Purchasing Policy
Climate-Related Risks & Opportunities
Physical Risks
- Weather-related impacts to raw material inputs, energy, and physical assets
Transition Risks
- Future environmental legislation, market shifts
Reporting Standards
Frameworks Used: SASB
Certifications: FSC
Sustainable Products & Innovation
- Paper-based gift cards
- Recyclable, wide format ImageMax® signage portfolio
- Commercial print products with sustainable fibers
- Low emission filter media
- TexCol® digital transfer brand
- DISPERSA® performance label
Awards & Recognition
- Forest Stewardship Council® Leadership Award (2019)