Rockwool A/s Class A · OMXCOP:ROCK_A
Rockwool A/s Class A — ESG Presentation (March 2022)
25 slides from Rockwool A/s Class A's sustainability presentation, Mar 3, 2022
Slide 1: ROCKWOOL ESG Presentation
ROCKWOOL’s Sustainability Report 2021: highlights and progress ROCKWOOL ESG Presentation 03.03.2022 ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S
Slide 2: Agenda
CEO message Highlights 2021 Sustainability progress EU policy development Going forward – what can you expect Agenda Q&A 2 ESG Presentation 3th March 2022 © ROCKWOOL International A/S
Slide 3: Renovating existing buildings is not rocket science
…Renovating existing buildings is not rocket science. Succeeding in climate action requires succeeding making the world’s buildings far more energy efficient. But we need to bridge the gap between pledges and action – short term targets create much greater accountability. And we must also do it righ
Slide 4: 2021 Sustainability highlights
2021 Sustainability highlights The choice of ROCKWOOL’s products contributes to achieving sustainability recognition. • Met two additional 2022 • Building insulation sold in 2021 will save BaseCamp achieved the highly respected intermediate goals on top of the annually the heating energy equivalent
Slide 5: 2021 Sustainability ratings and indexes
2021 Sustainability ratings and indexes Positive trend on global ESG ratings Trucost MSCI Sustainalytics ISS CDP S&P Global 2021 A Low risk 18.8 B A- 100% products classified as SDG positive 2020 A Low Risk 19.9 C+ B Max score: A+ Max score: Max score: AAA The Prime Max score: A Negligible risk 0 -
Slide 6: Sustainability progress
Sustainability progress ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 6
Slide 7: Our approach to sustainability
Our approach to sustainability • Sustainability is at the core of what we do and integral to our business strategy. • Converting sustainable development challenges into business opportunities, through innovative products, solutions and partnerships. • We follow externally developed methodologies to
Slide 8: Sustainability goals: Good progress in 2021
Sustainability goals Good progress in 2021 ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 8
Slide 9: Safety goal 2021 progress
Safety goal 2021 progress • Zero fatalities. • Number of lost time incidents was higher than in 2020, and the Lost Time Incident rate increased to 3.6 from 3.0. • The main increase took place in two business units and was due in part to recruitment of many new people and reduced level of normal safe
Slide 10: Pioneering circularity – recycling
Pioneering circularity – recycling • We recycled over 650kt secondary raw materials. • Expanded Rockcycle services in three countries, making a total of 17 countries, reaching our intermediate goal for 2022 one year early. • 56% improvement in stone wool collected and recycled through ROCKCYCLE in t
Slide 11: Pioneering circularity – water & waste
Pioneering circularity – water & waste • 15% reduction in water consumption intensity across Group and 22% reduction in factories in water scarce areas. • Processes designed for zero wastewater discharge recycling production water in a closed-loop system. • 51% reduction in factory waste sent to lan
Slide 12: Absolute GHG reductions: Big investments supporting SBTs
Absolute GHG reductions Big investments supporting out SBTs Announced several low-carbon capacity expansions/conversions. ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 12
Slide 13: Absolute GHG reductions: Reducing our Scope 3 emissions
Absolute GHG reductions ROCKWOOL’s total Scope 3 emissions per category, 2021 Reducing our Scope 3 emissions 5% • Our scope 3 emissions are a smaller part of our total 13% lifecycle emissions – equivalent to one-third (1 Mt CO2e) • This is due partly to limited end-of-life emissions. 2% 35% • Use a
Slide 14: Social and corporate governance
Social and corporate governance Diversity: • 28 percent of all leaders in middle management positions were female (goal of 25-35 percent), including 41 percent of new hires. Business ethics: • Continued Code of Conduct and anti-corruption training. • Updated recruitment screening processes and donat
Slide 15: EU policy development
EU policy development ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 15
Slide 16: Taxonomy eligibility
Taxonomy eligibility • Taxonomy eligible activities relate to climate mitigation within the category 3.5 “Manufacture of energy efficiency equipment for buildings”. • The dominant activity is the production of insulation products. • Sales from the Systems segment are also included where the min. pro
Slide 17: Proposed EU Commission energy efficiency legislation
Proposed EU Commission energy efficiency legislation The EU energy efficiency and energy performance of buildings directives are currently being revised: Higher 2030 3% renovation rate 1.5% annual All F and G class Revised A-G label energy efficiency for all public savings target for buildings to be
Slide 18: EU-U.S. polling data shows support for renovation
EU-U.S. polling data shows support for renovation • 79% of respondents would renovate their homes if they had the support. • 73% would support mandatory energy performance standards, given the right enabling conditions. • But only 44% consider themselves more or less knowledgeable on applying for fu
Slide 19: Italian 110% Superbonus shows potential to scale up renovation
Italian 110% Superbonus shows potential to scale up renovation • Tax incentive-based funding increased from €28bn in 2020 to €51bn in 2021. • 2.2m funding applications submitted in 2021 (34% increase compared to 2020). • Estimated 765 000 new jobs in 2021. “ Italy's council of engineers estimates th
Slide 20: Fire safe renovation
Fire safe renovation • Over the past decade, there has been a rising number of building fires involving combustible exterior wall systems and facade materials. • There is an increasing focus on stricter fire safety regulations in a number of countries e.g. Belgium, Netherlands, Italy and Romania wit
Slide 21: Going forward – what can you expect
Going forward – what can you expect ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 21
Slide 22: Driving positive sustainability performance in 2022
Driving positive sustainability performance in 2022 Continued SDG progress in driving increased product impact. Striving for fulfillment of all six Group Sustainability Goals. Will be investing up to 100 MEUR annually on sustainability investments. Absolute CO2e reductions through fully implemented
Slide 23: Q&A
Q&A ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 23
Slide 24: ROCKWOOL ESG contacts
ROCKWOOL ESG contacts Please contact: ESG@rockwool.com Jens Mirella Anthony Birgersson Vitale Abbotts CEO Senior Vice President Director of Public Affairs ROCKWOOL Group Marketing, Communication & Public Affairs and Sustainability ROCKWOOL Group ROCKWOOL Group ESG Presentation | 3rd March 2022 | © R
Slide 25: Thank you
Thank you ROCKWOOL International A/S Hovedgaden 584 2640 Hedehusene Denmark CVR No. 54879415 Tel.: +45 46 56 03 00 www.rockwool.com/group ESG Presentation | 3rd March 2022 | © ROCKWOOL International A/S 25