Corporate Sustainability
Our first global Sustainability Report
Explore our sustainability topics, targets, actions and progress in our first global Sustainability Report, prepared in alignment with the simplified European Sustainability Reporting Standards (ESRS).
Topics covered in our Sustainability Report
Climate:
Learn about our climate targets, emissions management and measures to reduce greenhouse gas emissions across our operations.
Governance:
Explore how governance, ethics, compliance and transparency are integrated into our business processes.
Circularity:
Discover how circular economy principles are considered in material development, resource use and recycling initiatives such as Loop TPE.
Products:
Find out how regulatory requirements, material performance and sustainability aspects are considered during product development.
Employees:
Read about our approach to occupational safety, employee development, diversity and workplace culture.
Supply Chain:
See how we work with suppliers and business partners to address sustainability-related topics throughout the value chain.
Environment, Social and Governance (ESG): Our Core Topics and Goals
Together with the most important stakeholders, we have identified five core topics and formulated respective targets.
E1 - Climate change
Goal 1: SBTi: Reduce climate-relevant emissions (Scope 1–3)
Goal 2: Increase process and energy efficiency
Goal 3: Reduce fossil energy
Goal 3a: 100% renewable electricity by 2026
Goal 4: Reduce energy costs
E3 - Water
Goal 1: Reduce water withdrawal
Goal 2: Reduce the amount of wastewater
S1 - Own Workforce
Goal 1: Strengthen employee satisfaction and engagement
Goal 2: Avoid and reduce occupational accidents
Goal 3: Promote employee well-being and healthy behavior through targeted programs
Goal 4: Recruit, develop and retain skilled employees
Goal 5: Strengthen leadership culture
E2 - Pollution
Goal 1: Prevent loss of plastic pellets
Goal 2: Reduce wastewater pollution
Goal 3: Keep air pollutants at a minimum
Goal 4: Systematically substitute or minimize hazardous substances
E5 - Circular Economy
Goal 1: Develop sustainable and recyclable product solutions (increase use of recycled materials)
Goal 2: Promote partnerships for circular economy implementation
Goal 3: Design production, packaging and transport in a more sustainable way
Goal 4: Use production residues and by-products as raw materials, close material loops
Goal 5: Avoid waste, reduce it, and ensure separate collection and recycling
G1 - Business Conduct
Goal 1: Ensure compliance, ethical conduct and integrity
Goal 2: Identify and fulfil legal requirements and obligations
Goal 3: Ensure transparency through standards and certifications
Goal 4: Enhance transparency and traceability in the supply chain through supplier standards and assessments
Steps towards Sustainability
KRAIBURG TPE'S Contribution to the 1.5 degree target
Environment: Climate and Energy
The reduction targets relating to Scope 1 and Scope 2 as well as actions from energy management are incorporated annually into the current climate and energy program. Various sub-targets and measures contribute to this:
- Increasing process & energy efficiency
- Expansion of renewable energies
- Improving security of supply
The entire value chain is changing. This requires new approaches and a new way of thinking for the issues of the future. With recyclates and bio-based raw materials, we develop solutions for a sustainable circular economy.
Dr. Monika Hofmann, Director EMEA at KRAIBURG TPE
KRAIBURG TPE'S Contribution to the 1.5 degree target
Environment: Circular Economy
Circular economy describes a system in which existing materials and products are shared, leased, reused, repaired, refurbished and recycled as long as possible.
So we rely on developing recyclable solutions, efficient use of resources, in-house recycling and waste prevention.
It’s particularly important to us that we can provide products that have a high proportion of recycled content, contain bio- based materials or have a mass-balanced ISCC PLUS certified bio-circular content.
It is a matter of course for us to support interested parties in pursuing their own sustainability agenda. Our experts work across all locations, from production to sales, on sensible and high-quality thermoplastic elastomers to meet reduction and savings targets, no matter what these look like in individual cases. This commitment and high standards, coupled with trusting and long-standing partnerships and the consistent use of new technologies, enable us to deliver solutions for the products of tomorrow today.
Oliver Zintner | CEO at KRAIBURG TPE
KRAIBURG TPE'S Contribution to the 1.5 degree target
Environment: Water
Water is of fundamental importance for chemical production. At the same time, the resource that is our most important staple food is increasingly becoming scarce.
In our company, the largest water consumption results from evaporation during cooling processes.
Knowing about our responsibility, we are permanently occupied with analyzing processes and saving water wherever possible.
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A Code of Conduct and clear Compliance guidelines ensure conformaty
Governance
KRAIBURG TPE promotes a company culture in which behavior and conduct are based on mutual appreciation, respect, acceptance and understanding.
The Code of Conduct of the KRAIBURG Group obliges employees to comply with legal, ethical and social standards.
It is binding for everyone and does not tolerate any violations. These rules of conduct serve as a guide to act in conformity with the Group on the global market.
OUR PROGRAM FOR SKILLED WORKS OF TODAY AND TOMORROW
Social Matters
The safety and health of people is a priority for KRAIBURG TPE in every situation and at all times. To protect and promote the workforce, KRAIBURG TPE has established clear guidelines in the form of its quality, environmental protection, occupational safety and energy policies.
Particular attention is paid to five fields of action:
- Values and culture
- Health and safety
- Diversity and equal opportunities
- Internal and external (further) training
- Work-life balance
To achieve our climate targets and reduce emissions, we have developed the “2031 climate program”. This is based on the calculations from the 2021 base year.
Vision and Mission
Sustainability is the mainstay of our business model. All employees are called upon to advance sustainable solutions in their day-to-day decisions. The slogan “custom-engineered and more” has been extended by the addition “design for sustainability” to match. This approach includes the selection of TPE materials, product design and processing. This applies to the utilization phase as well as to the end of product life with end-of-life options throughout the whole product life cycle.
Motivation and Targets
Sustainability is the basis for the long-term continued existence and success of the company. KRAIBURG TPE has therefore made this issue an integral part of the corporate strategy as additional core competency. This means that managers and employees are committed to acting responsibly within the areas of environment, social matters and governance. The focus is not only on current issues, but also on future ones. This means that sustainability is not only put into practice, but also becomes a long-term perspective.
Sustainability milestones at KRAIBURG TPE
100 % green electricity in Germany, EcoVadis gold for all productions sites
2025
Science Based Targets initiative (SBTi) committed: Climate Program 2031, Sustainability as the sixth core competence
2023
First rating under Carbon Disclosure Project (CDP), Greenhouse gas emissions inventory (GHG)
2021
Establishing local sustainability boards
2020
First PV system in Malaysia
2017
100 % green electricity in USA
2016
First PV system in Germany, Corporate Health Award
2015
ISO 50001 energy management system in Germany
2013
ISO 14001 environmental management system
2002
Excellence by Transparency
WE RELY ON CERTIFIED PROCESSES AND ESTABLISHED STANDARDS
KRAIBURG TPE acts and operates in accordance with recognized standards. These are:
- Integrated quality, environment and energy management systems
- Certified GRS standard for products produced in Malaysia
- Product Carbon Footprint of KRAIBURG TPE-Compounds
- Climate targets based on the guidelines of the Science Based Target Initiative (SBTi): Starting from the base year of 2021, the company’s scope 1 and scope 2 CO2e emissions are to be reduced by 46.2 percent by 2031, scope 3 CO2e by 27.5 percent.
- ISCC PLUS certification available for many products in the EMEA sales region
- Carbon Disclosure Project (CDP) rating since 2020
- EcoVadis: The platform classifies the sustainability of companies in holistic ratings. Our commitment to sustainability at our locations has been awarded "Gold" and "Silver" in the past.
HOW CAN WE HELP YOU?
Are you looking for a sustainable TPE solution? Talk to us first!
Our experts are happy to answer any questions you have, as well as offer the right solution for your application.