We are delighted to announce the publication of our 2023 environmental, social and governance (ESG) report, highlighting the progress we have made towards our ESG objectives, including the development of science-based climate targets.
In this, our third annual ESG Report, we are proud to highlight the strides we have taken to accelerate Europe’s green industrial transition. Aligned with our purpose of keeping the wheels of industry turning, this year’s report provides an overview of what we’ve done to enhance our sustainability practices and performance across the Group.
Read our 2023 ESG report here.
With global net-zero commitments estimated to require an investment of $6.7 trillion annually, the green revolution represents a significant opportunity for our business, customers and suppliers. That’s why our ESG strategy is firmly focused on creating long-term stakeholder value, to address their evolving needs while driving transformative change across the industrial sector.
Driven by our ESG roadmap, this year’s report outlines the progress we have made to take sustainable actions within our operations, for our customers and for our suppliers. Here are some of the key performance highlights for each:
Operations
- Achieved an 15% reduction in Scope 1 & 2 emissions intensity year-on-year, and a 21% reduction in absolute emissions since 2019 .
- Developed near-term emissions reduction targets for Scope 1, 2 & 3, which are being shared with the Science-Based Targets initiative (SBTi) for approval.
- Improved our employee Net Promotor Score (NPS) to +26 (+10 in 2021) and achieved an Employee Engagement Score of 73% (70% in 2021).
- Successfully fulfilled our commitment to reduce Lost Time Accident (LTA) rate to less than one in 2022, and we have set new continuous improvement targets for 2023 and beyond.
Customers
- Introduced the Sustainable Manufacturing mark that will enable our customers to easily identify Rubix solutions that deliver improved environmental performance.
- Assisted customers in implementing sustainable Rubix solutions within their operations, leading to enhanced efficiency and reduced costs.
- Published the “Quick wins to cut energy waste” white paper, providing valuable guidance to customers seeking to improve their energy efficiency.
- Engaged with hundreds of customers through surveys and meetings to address their sustainability challenges and provide tailored Rubix-driven solutions.
Suppliers
- Introduced new ESG standards for key suppliers, requiring them to set climate reduction goals through SBTi, improve their environmental performance and enhance data transparency.
- Implemented our ESG assessment process for core local suppliers, supplementing the existing process for core Group suppliers.
- Initiated a regular supplier engagement programme focusing on ESG topics to drive collaboration and shared progress.
The report highlights our ongoing commitment to supporting the United Nations’ Sustainable Development Goals (UN SDGs), and our continued alignment to key sustainability frameworks, including SBTi, TCFD, CDP, EcoVadis and Amfori.
Jesper Mikkelsen, Group VP Services, Rubix commented, “This report outlines how we are taking real action to embed ESG solutions for all our stakeholders. I’m particularly pleased that we have developed climate targets in line with the SBTi framework this year, and I look forward to the future actions we will be undertaking to make vital progress in this area.”
Martin Thomsen, Chief Executive Officer of Rubix, added, “I am proud of our ongoing efforts to embed sustainable practices within our own operations and the solutions we offer to our customers. Rightly, they are asking tougher questions of us on ESG and we’re determined to continue working with our suppliers in meeting their needs. Supporting the green transition of European industry requires a collaborative effort and we’re determined to lead it.”
We invite you to explore the 2023 ESG Report to delve deeper into our achievements, ambitious targets, and the concerted efforts we are making in this area.