Our Sustainability Approach
Corporate Responsibility
As an integral part of Cerdia’s strategy, Corporate Responsibility is closely linked to our day-to-day actions.
Our approach is based on an ambitious framework for responsible corporate actions.
This integrates social and environmental concerns in business operations and interactions with our stakeholders.
Our ESG framework enables our leaders to define specific actions and clear responsibilities for continuous improvements of our sustainability processes.
Following the fundamental principle and standards of ESG - Environment, Social and Governance - we focus on three aspects of sustainability, which translate into our target areas.
In 2020 Cerdia developed a comprehensive company strategy for profitable growth through 2030 and has put ESG at the heart of its strategy by making ESG one of 5 pillars and investing in the rolling out of the ESG strategy through a detailed roadmap. Cerdia’s ambition is to achieve best-in-industry EHS, Quality and ESG standards.
CEO-Letter
Words from Jens Ebinghaus
Dear Stakeholders,
At Cerdia, we believe that business success should not come at the expense of environmental and social well-being. As we navigate the challenges and opportunities in the cellulose acetate industry, we are committed to upholding the highest standards of Environmental, Social, and Governance (ESG) practices.
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We recognize the critical importance of environmental sustainability in our operations. As a producer of cellulose acetate, we understand the significance of responsible forestry management. Our commitment to sustainable sourcing means that we prioritize suppliers who adhere to stringent forestry practices, ensuring the preservation of biodiversity and the long-term health of forest ecosystems. We are dedicated to minimizing our carbon footprint throughout our manufacturing processes. Through continuous innovation and investment in energy-efficient technologies, we strive to reduce greenhouse gas emissions and optimize resource utilization.
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At Cerdia, we recognize that our success is intrinsically linked to the well-being of our employees, communities, and society at large. We are deeply committed to fostering a culture of diversity, equity, and inclusion within our workforce. By embracing diverse perspectives and talents, we cultivate innovation and creativity, driving our company forward. We prioritize the health and safety of our employees, implementing robust occupational health and safety protocols to ensure a secure working environment.
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Our commitment to ESG extends beyond our factory walls. We recognize the importance of actively engaging with the communities in which we operate, listening to their needs, and contributing to their sustainable development. Whether through educational initiatives, infrastructure projects, or partnerships with local organizations, we seek to empower communities and create lasting positive impact.
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Transparency, integrity, and accountability are the cornerstones of our governance framework. We maintain rigorous standards of corporate governance, ensuring that our operations are conducted ethically and responsibly. Our management is committed to upholding the highest ethical standards, and we remain dedicated to fostering trust and confidence among our stakeholders.
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As we look to the future, we recognize that the journey towards comprehensive ESG integration is ongoing. We are committed to continuously assessing and improving our performance across all ESG dimensions, striving to set new standards of excellence within our industry. By aligning our business practices with the principles of sustainability and responsibility, we aim to create long-term value for our stakeholders and to contribute to a more sustainable world.
Thank you for your continued support and partnership as we work together to build a better future.
Sincerely,
Jens Ebinghaus, Chief Executive Officer
Our Sustainability Goals 2020 - 2030
Environment
Protect natural resources by reducing the environmental impact of our operations.
Reduce GHG emissions improving energy efficiency of our operations: Reduce waste, reduce water consumption and develop sustainable products.
Social
Respect human rights, reflected in the way the company relates to its stakeholders.
Reduce people injuries, foster diversity & inclusion, ensure leadership excellence, increase people engagement, maximize customer satisfaction, sustainable procurement.
Governance
Conduct our business in compliance with the highest legal and ethical standards.
Adopt ISO standards as core management systems: Define governance framework, foster compliance culture, implement Corporate Sustainability Reporting Directive.
Environment
Our environment roadmap 2030
Reduce GHG (scope 1+2) by 30% vs 2019
Reduce water consumption by 10%
4 new sustainable products
Work towards zero landfill
Reduce hazardous waste
Social
Social roadmap 2030
Zero medium/major injuries
Reduce complaint rate to 0.5
80% spend Ecovadis scored ≥ 45
Foster diversity & inclusion
Ensure leadership excellence
Increase people engagement and community collaboration
Governance
Governance roadmap 2030
100% Certified ISO 9001, 14001, 45001, Social responsibility (SR-10)
100% Governance framework defined
CSRD in place
Foster compliance culture (95% compliance training)