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Recticel
Environmental & Social Information • Apr 30, 2023
3993_rns_2023-04-30_3ef75326-cbe5-48c5-8adc-19c11905026c.pdf
Environmental & Social Information
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GHG emissions | update 2022 results
Recticel's overriding purpose is to accelerate the fight against climate change with insulation solutions that advance a carbon-free economy and a better life for current and future generations. In July 2023, Recticel formalised its ambitious emissions targets by submitting them to the Science Based Target initiative (SBTi). It has committed to achieving net zero on Scopes 1 and 2 and a 25% reduction on Scope 3 by 2030. By 2050 at the latest, Recticel intends to be a net zero emission company on Scopes 1, 2 and 3.
Whilst completing our submission file to SBTi, we discovered a reporting error in the Recticel Annual Report 2022. We wish to point out that the reported Scope 2 indicator shows the market based emissions instead of the location based emissions. In the table here below both emissions are displayed. The variance between market and location based emissions is the impact of renewable energy in Recticel's operations.
| GHG Indicators (tCO2e) | 2021 | 2022 | ∆ tCO2e | ∆ % | ||
|---|---|---|---|---|---|---|
| Scopes 1 + 2 + 3 (*) | 852,220 | 851,462 | -758 | 0.0% | ||
| Scopes 1 + 2 (*) | 10,238 | 9,088 | -1,150 | -11.2% | ||
| Scope 1 | 5,418 | 4,858 | -560 | -10.3% | ||
| Company vehicles | 825 | 948 | 124 | - | ||
| Energy (Natural gas, LPG, other fossil fuels) | 4,474 | 3,809 | -665 | - | ||
| Refrigerant losses | 118 | 100 | -18 | - | ||
| Scope 2 (market based) | 4,820 | 4,230 | -590 | -12.2% | ||
| Scope 2 (location based) | 4,935 | 4,709 | -226 | -4.6% | ||
| Variance = impact of renewable energy | 115 | 479 | 364 | |||
| Scope 3 | 841,981 | 842,374 | 393 | 0.0% | ||
| Purchased goods and services | Cat 1 | upstream | 603,422 | 599,396 | -4,026 | |
| Capital goods | Cat 2 | upstream | 1 | 179 | 179 | |
| Upstream Energy from Scopes 1 & 2 | Cat 3 | upstream | 2,283 | 2,373 | 91 | |
| Upstream transportation & distribution | Cat 4 | upstream | 9,725 | 11,468 | 1,743 | |
| Waste generated in operations | Cat 5 | upstream | 1,218 | 1,349 | 132 | |
| Business travel (air, ground, accommodation) | Cat 6 | upstream | 31 | 214 | 183 | |
| Employee commuting | Cat 7 | upstream | 1,215 | 1,211 | -3 | |
| Leased assets | Cat 8 | upstream | 65 | 203 | 138 | |
| Downstream transportation & distribution | Cat 9 | downstream | 9,477 | 10,028 | 551 | |
| End-of-Life treatment of sold products | Cat 12 | downstream | 214,547 | 215,648 | 1,101 | |
| Leased assets | Cat 13 | downstream | 0 | 303 | 303 | |
Related pages in AR2022: page 6, 69
(*) Scope 2 market based
Updated: 20 July 2023