In 1894, Gustav Pfleiderer founded a timber trading company and a rafting business in Heilbronn which used wood-based products. He laid the foundations of our company, which to this day has sustainable woodbased products at its core.
This document is titled ‘Naturally sustainable’, and for good reason – no new trees are deliberately felled to make Pfleiderer’s wood-based panels. The wood mix at Pfleiderer consists of only ~15% wood from forests, typically by-products such as thinning and residual wood. The remainder comprises ~45% sawmill residues such as chips, sawdust or edgings, and ~40% preand post-consumer recycled material such as processed waste wood.
Fundamentally, we recognised many years ago that cascade utilisation and recycling management are the only economic models that can guarantee sustainable production of high-quality wood products. Also, the wood-based panels industry is committed to making a significant contribution to the fight against climate change in terms of carbon removals through sequestration, storage and substitution. That’s why we have already implemented intelligent wood cycles at our raw chipboard sites. Sawing residues from sawmills and recycled wood are collected and prepared for further processing. And in the production process, new wood-based panels are created by sorting, gluing, compacting and pressing. These high-quality products are ideally suited for a wide range of applications in interior design and furniture production. Our offer is highly significant in modern construction, where product safety and sustainability attributes are dominant priorities.
This year, we have thought long and hard about the ways in which we can build on the sustainable foundations of our business. Ultimately, we want to ensure we play a more active role in the transition to a lower-carbon economy, and do our part to help solve global challenges. Our stakeholders demand a response from us, and we are determined to meet their growing expectations. Accordingly, the Management Board has been working together to identify relevant priorities and targets, across Environmental, Social and Governance dimensions. We have frequently challenged ourselves on all aspects of sustainability, and are committed to do better across the board, and to align ourselves with best-practice.
The result of our deliberations and debate was our ‘Naturally sustainable’ strategy, comprising three priority areas: materials, climate and people. For each priority area, stretching, ambitious targets have been developed. For consistency, these incorporate the two KPIs from our previously-published Sustainability-Linked Financing Framework. On ‘materials’, we are committed to increase the percentage of recycled wood we use, source 100% of our wood from FSC or PEFC approved suppliers, and manufacture at least 10% of our chipboard products by volume using bio-based resins. On ‘climate’, we have set ambitious short and medium-term greenhouse gas emissions reduction targets, the achievement of which will successfully transition Pfleiderer towards being a net zero carbon business. We measure, audit, manage and reduce the emissions, our operations effectively maintain carbon sinks, we work with suppliers and others to reduce our Scope 3 emissions, and recognised offsets are used only after all other reduction initiatives have been employed. On ‘people’ we will achieve a lost-time accident rate of 0.5 by 2025, ensure equal opportunity for all, and develop, improve and retain skilled employees, ensuring we have an excellent pipeline of future talent.
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