Conserving resources has always been a goal at our factories – for the simple reason that maximizing resource efficiency makes good business sense and allows these factories to be more competitive. The same is true for the company as a whole. To measure the degree of achievement of LEDVANCE environmental protection objectives, environmental data is systematically recorded on a corporate level.
As an ISO 14001 certified company we establish and monitor measurable environmental targets, which are in line with the requirements of ISO 14001, chapter 4.3.3 Objectives, targets and programmes. LEDVANCE sets ambitious annual targets for our largest global locations to minimize energy consumption and reduce waste. In the last 10 years (basis 2011) we reduced our CO2 emissions by nearly 90% and waste quantity by more than 90%. For CY 2021, LEDVANCE has a target to reduce CO2 emissions for the locations with the highest output by an additional 1% (based on 2020 emissions), and to continue to recycle existing waste at a rate of >90%.
LEDVANCE’s Environment, Health and Safety Software Suite is based on specialized EHS software and is implemented to address the EHS related information requirements of LEDVANCE and its organizational units. It also covers the basic stakeholder information needs of external stakeholders like public interest groups, customers, suppliers and environmental organizations.
Our Global EHS Reporting System helps us to prepare quarterly and annual environmental reports and evaluate environmental performance. Moreover it allows us to collect consistent environmental data, compare performance across sites and over time, and generate unified reports across all the LEDVANCE sites. It enables the EHS managers, and executives to monitor and analyze EHS performance on site, country, region and corporate level.
Financial and non-financial KPIs are equally important for LEDVANCE´s internal and external stakeholder communication. As environmental reporting can effect how sustainability driven investors, customers and, the public see LEDVANCE we report on our environmental performance with professionalism and in the best possible quality. Our environmental reporting covers all our production sites, major offices and distribution centers which cover 95 % of our total number of employees and 80 % of our revenue.
Amongst other data, environmental reports contain information on specific and absolute water consumption, changes in carbon dioxide emissions, energy consumption, and the volume of waste produced at each plant.