Rockwool A/s Class A · OMXCOP:ROCK_A
Rockwool A/s Class A — ESG Presentation (March 2023)
27 slides from Rockwool A/s Class A's sustainability presentation, Mar 2, 2023
Slide 1: ROCKWOOL ESG Presentation
ROCKWOOL’s Sustainability Report 2022: highlights and progress ROCKWOOL ESG Presentation 02.03.2023
Slide 2: CEO message: Energy efficiency is a triple win
CEO message: Energy efficiency is a triple win “We have the solutions to take action today. Energy efficiency is a triple win – socially, economically and environmentally. Deep-renovation of the EU’s least efficient buildings can cut energy use in buildings by over 80% and support the green transiti
Slide 3: 2022 Sustainability highlights
2022 Sustainability highlights ROCKWOOL building insulation, Zaragoza, Spain ESG Presentation | March 2023 | © ROCKWOOL Group 3
Slide 4: 2022 Sustainability highlights
2022 Sustainability highlights All five 2022 intermediate goals were met. Nine of our own offices were renovated achieving up to 81% energy efficiency improvement. Converted to natural gas our Mississippi factory in US and commissioned an electrical green-field factory in China. Corporate Kn
Slide 5: 2022 Sustainability ratings and indexes
2022 Sustainability ratings and indexes Positive trend on global ESG ratings ESG Presentation | March 2023 | © ROCKWOOL Group
Slide 6: Sustainability progress
Sustainability progress Rockflow, Amsterdam Noord, the Netherlands ESG Presentation | March 2023 | © ROCKWOOL Group 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. We convert sustainable development challenges into business opportunities, through innovative products, solutions and partnerships. We apply externally developed methodologies to c
Slide 8: Protecting our ocean – a shared responsibility
Protecting our ocean – a shared responsibility In 2022, we committed to an additional SDG: Life Below Water SDG 14 and we formed a new partnership with One Ocean Foundation. We understand that what we do on land does not magically stop at the water’s edge, but could impact ocean health too. That
Slide 9: Sustainability goals
Sustainability goals Met all five 2022 intermediate goals
Slide 10: Safety goal
Safety goal A fatality overshadows our overall progress within safety performance One fatality Group Management led a detailed investigation into the incident. As a result, we are implementing corrective actions at all our factories. Lost Time Incident Rate (LTIR) reduced by 24 percent from 3.
Slide 11: Advancing our decarbonisation commitment
Advancing our decarbonisation commitment Offering ROCKCYCLE services in 19 countries reaching the intermediate goal for 2022 one year early. 51% landfill waste reduction. ESG Presentation | March 2023 | © ROCKWOOL Group 11
Slide 12: Deeply renovating our home
Deeply renovating our home ESG Presentation | March 2023 | © ROCKWOOL Group 12
Slide 13: Rockcycle® progress is central to our circularity ambitions
Rockcycle® progress is central to our circularity ambitions Expanded Rockcycle® to two new countries – Romania We & Finland have committed focusing on to 11 Our products can be recycled into new products without losing performance Recycled stone wool volume increase by 6% Production waste going to l
Slide 14: Initiatives to protect water and biodiversity
Initiatives to protect water and biodiversity We made several improvements to optimise water usage across our factories, contributing to a 14% reduction in water consumption intensity. We conducted a new water scarcity assessment, building on the one we carried out in 2017. We also mapped biod
Slide 15: Respecting human rights
Respecting human rights We strengthened our commitments towards human rights. This included: • Revising our Group Code of Conduct, for which the Board of Directors now has responsibility. • Approving a dedicated Human Rights Policy replacing our former Human Rights Commitment. Around 7000 direct
Slide 16: Diversity and business ethics
Diversity and business ethics 28% of all leaders in middle and executive management positions are women (goal of 25-35%). An additional shareholder-elected woman joined the Board, resulting in the 2024 goal of 33% of shareholder-elected Board members being women being met. We updated the Group
Slide 17: Policy development
Policy development ESG Presentation | March 2023 | © ROCKWOOL Group 17
Slide 18: Taxonomy alignment
Taxonomy alignment ROCKWOOL has carried out the “Do No Significant Harm” (DNSH) assessment to determine alignment with the taxonomy. 1. Climate change adaptation 2. Sustainable use and protection of water and marine resources 3. Transition to a circular economy 4. Pollution prevention and control 5.
Slide 19: Fire safe roofs - for energy efficiency and protection
Fire safe roofs - for energy efficiency and protection Installation of rooftop solar energy is to be compulsory for all new and existing public and commercial buildings (larger than 250 m2) by 2026/27 and all new residential buildings by 2029. The insulation market volume of PV flat roof is esti
Slide 20: EU set to agree on more ambitious legislation
EU set to agree on more ambitious legislation Deal on Energy Efficiency Directive expected this month • 2030 efficiency target will become binding. • Additional savings equivalent to 6 x Denmark’s annual energy use. 40m • With 40% of EU energy use, buildings will be key sector to meet target. Buil
Slide 21: It's all about implementation
It’s all about implementation 1 GERMANY 2 FRANCE 3 ITALY Funding for renovation increased Early mover in improving energy Estimated 750,000 building units tenfold during covid-19, and kept performance certificates. renovated with ‘Superbonus’. high. Already applying minimum energy Buildings must be
Slide 22: US Inflation Reduction Act (IRA)
US Inflation Reduction Act (IRA) $370 billion dollar climate action plan (US’s largest investment in climate change mitigation and adaptation in history). IRA consists of a number of programs meant to reduce energy costs, increase the use of renewable energy, and grow the American-made supply ch
Slide 23: Going forward – what can you expect
Going forward – what can you expect ESG Presentation | March 2023 | © ROCKWOOL Group 23
Slide 24: Driving positive sustainability performance in 2023
Driving positive sustainability performance in 2023 We will be maintaining our focus on maximizing our handprint and minimizing our footprint working towards our 2030 and 2034 goals. We will be making investments of up to 100MEUR CAPEX annually on sustainability. We will continue on our decarb
Slide 25: Q&A
Q&A ESG Presentation | March 2023 | © ROCKWOOL Group 25
Slide 26: 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 | March 2023 | © ROCKW
Slide 27: Thank you
Thank you ROCKWOOL International A/S Hovedgaden 584 2640 Hedehusene Denmark CVR No. 54879415 Tel.: +45 46 56 03 00 www.ROCKWOOLgroup.com ESG Presentation | March 2023 | © ROCKWOOL Group 27