E1 | CLIMATE CHANGE ENVIRONMENT
What our transition plan for climate change mitigation includes
By strategically anchoring the three pillars of Net-Zero, Circular Economy and Partner of Choice in its sustainability strategy, the Zumtobel Group has highlighted the role of these key sustainability matters. The afore- mentioned impacts, risks and opportunities each cover a short-, medium- and long-term period. Information on the identified climate- related physical risks as well as the climate- related transition risks can be found below in ‘Resilience analysis [E1, SBM-3]'.
This section outlines the Zumtobel Group’s material IROs with respect to climate change, in particular GHG emissions. Infor- mation is also provided on the management of climate change and GHG emissions. The main sustainability matters are as follows:
E1 | Climate Change:
Actual positive impact on the environment: Maximising energy efficiency at customers’ site while using Zumtobel Group products; trend towards energy-efficient products as a requirement Actual negative impact on the environment: Scope 1 and 2 emissions emitted during the production phase and Scope 3 emissions emitted upstream (materials) and downstream (use phase).
E1 | Climate change
Based on the material impacts, risks and opportunities relating to climate change outlined here on the left side, corresponding policies, actions and targets (PAT) have been defined and are presented in the follo- wing sections.
E1 | Energy:
Actual negative impact on the environment: Use of non-renewable energy throughout the supply chain & energy consumption resulting from the use of Zumtobel Group products (by customers) & energy consumption for manu- facturing
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