At the same time, the company achieved or exceeded two of its six intermediate sustainable development goals two years ahead of schedule.
As governments and society continue to grapple with the COVID-19 pandemic, a “greener” economic recovery takes on even greater importance. The ROCKWOOL Group Sustainability Report 2020 describes in detail the contribution of the company's products to achieving this ambition. It also includes information on operational improvements that have been made and progress made to support the achievement of the SDGs.
Reducing energy consumption and resource use is key to tackling the challenge of global climate change. ROCKWOOL products play a major role here. “Reducing energy consumption and using renewable energies are the most effective ways to decarbonize society in economic terms. That's why we maintain that the best approach is to use fewer resources and rethink the rest with a green lens, ”says ROCKWOOL Group CEO Jens Birgersson.
Jens Birgersson adds: “We are proud that S&P Global Trucost has once again rated all of our products as SDG positive, highlighting their positive impact on achieving these goals. Sustainable development is at the heart of our activities. We follow a verifiable, evidence-based approach to documenting our efforts to maximize the positive impact of our products and minimize the negative impact of our operations. ”
Note that the firm S&P Global Trucost has evaluated more than 15 companies worldwide and ranks the ROCKWOOL Group in the top 000 of those offering products with a positive impact.
Another figure indicates the positive environmental impact of the company: the ROCKWOOL Group estimates that 95% of its income from insulation products comply with the European taxonomy defined for activities that make a positive contribution to the fight against change. climate and thus to sustainable development in Europe. With a view to continuing to reduce its carbon footprint, in December 2020, the ROCKWOOL Group undertook to follow a long-term decarbonization plan, with objectives verified and validated as part of the Science Based Targets initiative ( SBTi).
Regarding the ROCKWOOL Group's efforts to reduce its operational impact, Jens Birgersson states, “During 2020, we continued to strengthen the circularity of our activities by achieving or exceeding two out of six of our objectives two years ahead of schedule. The achievement of two other objectives is also on track ”.
Jens Birgersson to conclude: “Despite the challenges that remain for the international community, we are optimistic for the future. Solutions to many of the planet's challenges already exist, especially in construction. The ROCKWOOL Group wishes to continue to make a contribution to the creation of more sustainable, healthier and safer communities, as well as to the establishment of a more circular economy. "
The main performances of the ROCKWOOL Group in terms of sustainable development in 2020
Over their lifetime, ROCKWOOL building insulation products sold in 2020 will save 100 times the carbon emitted and the energy consumed during their production.
In December 2020, the ROCKWOOL Group announced ambitious global decarbonization targets, verified by the Science Based Targets initiative (SBTi). Here are the highlights :
- Reduction of absolute greenhouse gas emissions by 38% by 2034 (compared to the 2019 baseline)
- Reduction of absolute greenhouse gas emissions over the entire non-factory life cycle by 20% by 2034 (compared to the 2019 baseline)
In 2020, the ROCKWOOL Group achieved two of its six sustainability goals two years ahead of schedule. These two objectives are to reduce production waste to landfill by 40% (figure reached by the ROCKWOOL Group: 50%) and to improve the water efficiency of factories by 10%.