Concise Climate Goals
The CABB Group is committed to contribute to the fight against climate change and to reduce climate-related risks. The Group has therefore implemented various measures not only to reduce its environmental impact, but also to create a positive one: The Strategic Sourcing team is working on supplier engagement to reduce carbon footprint across the supply chain and identify potential alternative renewable materials. Shift to green energy sources has been included in the sustainability strategy, and an active shift to green electricity is underway. Energy efficiency improvement continues to be a priority at all sites to reduce CO2 emissions and climate-related risks. Conscientious use of water and the safe handling of environmentally critical materials and wastewater are carefully monitored at all times.
At the CABB Group, environmental protection and the efficient use of resources are part of operational excellence. As a socially responsible company, the CABB Group uses its resources carefully, which in turn has a positive impact on economic considerations. Sustainable production methods, such as the CABB Group’s integrated production, provide the CABB Group a competitive advantage to offer competitive products and services in the long term while maintaining and strengthening strategic partnerships with its customers.
Through the commitment to SBTi and the adjustment of its short-term environmental goals, the CABB Group works towards limiting global warming in accordance with the Paris Agreement and is taking action to avoid, reduce and, where necessary, offset greenhouse gas emissions.
Tackling Greenhouse Gas Emissions at All Levels
Reducing greenhouse gas (GHG) emissions is a broad and vital task for the CABB Group. In addition to direct (Scope 1) and indirect GHG emissions (Scope 2 – from the purchase of energy), indirect GHG emissions throughout the upstream value chain (Scope 3) account for the largest share of the company’s CO2e emissions. Scope 3 includes, for example, the production of raw materials by suppliers and their delivery. Reducing Scope 3 emissions is a very complex process, but it is also where the CABB Group can reduce its emissions the most within the industry.
Operational Excellence and Procurement in Focus
Enhancing operational efficiency is a top priority for the CABB Group. Continuous improvement of CABB production processes and targeted investments into cost- and resource-efficient process technology are an essential part of this, to drive innovation in production and optimize energy use and minimize the negative environmental impacts and create cost advantages. Examples of this include the upgrade of the waste incinerator at the Kokkola site in Finland, the renewal of the technical infrastructure at the Gersthofen site in Germany, where energy consumption has been significantly reduced, and the installation of monitoring systems on 180 steam traps in Galena (US), which helped to identify various causes of steam radiator failures and save natural gas. Measures like these contribute substantially to the continuous improvement and long-term competitiveness of the CABB Group. Moreover, the CABB Group will gradually increase its share of renewable electricity in the coming years.
Read more in our Sustainability Report