We are proud to be a naturally sustainable business

In this document, we are setting out a new sustainability strategy for Pfleiderer, a commitment which will guide our actions and decisions for many years to come. While we have long pursued highly sustainable business practices, we recognise that in 2021, companies like Pfleiderer must play a more active role in constructing a truly sustainable society. That’s because we see the same world that our stakeholders do – increasing shortages of raw materials, overexploitation of nature and the dire consequences of rapid climate change. We developed our new strategy by analysing our strengths as a sustainable business, and the impact we have on the planet and our stakeholders. From there, we identified three clear focus areas: materials, climate and people. These three focus areas are closely aligned with our strategy, and build on the commitments made in our Sustainability-Linked Financing Framework, incorporating KPIs already set, i.e. percentage of recycled wood used, and carbon footprint (scope 1 and 2). Read on for more information about our plans to become an even more sustainable business.

A new era for pfleiderer

In this document, we are setting out a new sustainability strategy for Pfleiderer, a commitment which will guide our actions and decisions for many years to come. While we have long pursued highly sustainable business practices, we recognise that in 2021, companies like Pfleiderer must play a more active role in constructing a truly sustainable society. That’s because we see the same world that our stakeholders do – increasing shortages of raw materials, overexploitation of nature and the dire consequences of rapid climate change. We developed our new strategy by analysing our strengths as a sustainable business, and the impact we have on the planet and our stakeholders. From there, we identified three clear focus areas: materials, climate and people. These three focus areas are closely aligned with our strategy, and build on the commitments made in our Sustainability-Linked Financing Framework, incorporating KPIs already set, i.e. percentage of recycled wood used, and carbon footprint (scope 1 and 2). Read on for more information about our plans to become an even more sustainable business.

Our focus areas

Our three focus areas are closely aligned with our commercial strategy, and build on the commitments made in our Sustainability-Linked Financing Framework.

Materials

TARGET 1:
Increase the percentage of recycled wood used1 to 50%, by 2025.

TARGET 2:
Maintain at 100% the share of forest-derived materials from suppliers verified as operating in alignment with requirements from the FSC and the PEFC.

TARGET 3:
Sustainable innovation: at least 10% of our chipboard products, by volume, will be manufactured using bio-based resins, by 2025.

1 This target concerns post-consumer material and internal rejects and returns. Pre-consumer wood comprises sawmill residues such as sawdust, off-cuts, trims and shavings.

Climate

TARGET 1:
Reduce Scope 1 and Scope 2 greenhouse gas emissions by 21%, by 2025.

TARGET 2:
Reduce the indirect greenhouse gas emissions intensity relating to purchased chemical products used in our wood-based panels2 by 21%, by 2025.

2 Raw Chipboard (RCB), MDF and HDF which represent the majority of our business.

People

TARGET 1:
Zero harm: reduce accidents involving employees and contractors and achieve an LTA rate of 0.5, by 2025.

TARGET 2:
Expand human capital management to diversify the pipeline of potential recruits, retain skilled employees, and improve career opportunities.

Our place in a circular wood ecosystem

Wood is the most sustainable building material – a renewable resource that stores huge amounts of carbon, and we recycle it to create effective, premium products. That’s how we’ve always worked, with no trees deliberately felled for Pfleiderer. Our role in a sustainable, circular wood ecosystem ensures that every piece of wood has an extended lifecycle – adding maximum value, while having minimal impact. We complete the circle by using recycled wood at the end of its useful life to create the thermal energy which powers our operations.

Read more about sustainability at Pfleiderer

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