EDITOUR PETplanet Insider Vol. 27 No. 01+02/26 www.petpla.net 14 Protection in the production facility that focuses on recycling and reuse of materials. If we look at chemical manufacturing, there’s a big amount of water used but our product production process is optimised with minimal water usage and intended for maximum environmental friendliness. PETplanet insider: What criteria do you use when selecting your suppliers to ensure environmental and social standards? Holland Colours: We also have a strong focus on understanding our suppliers’ product development processes and ensuring they align with our sustainability goals. Our ultimate target is to have 90% of our revenue derived from sustainable products by 2030. To achieve this, we continue to invest in innovation, supplier engagement, and sustainable product development, prioritising the use of renewable ingredients over fossil-based alternatives wherever possible. Together with our suppliers, we identify and select materials that are aligned with the criteria of sustainable products. By engaging in open discussions, we actively encourage them to adopt more sustainable practices. We are dedicated to minimising our carbon footprint and effectively managing greenhouse gas emissions across all three scopes: Scope 1: Directly from sources HCA owns or controls Scope 2: Indirect from electricity we purchase Scope 3: They include all indirect emissions that are not covered by Scope 2. This encompasses a wide range of activities, including the emissions from business travel, our employees’ commuting, waste generation and water usage. Through in-depth reporting on all three scopes of emissions, we assess, manage, and mitigate our carbon footprint. Our strategies to curb emissions span across the entire supply chain, including investments in renewable energy and collaboration with suppliers to enhance their sustainability efforts. PETplanet insider: Do you collaborate with partners or authorities to promote closed-loop recycling systems? Holland Colours: We are members of associations such as PETCORE where we work together with industry partners on the challenges the industry and look for innovations. We are part of a taskforce of PETCORE to work on improving the recyclability of white rPET opaque bottles. At Holland Colours, our products play a crucial role in supporting closedloop recycling by enabling materials to be recycled more effectively. For example, our CircStab technology is specifically designed to prevent material degradation during recycling, which helps keep the quality of recycled materials high and makes it easier to reuse them in new products. By improving the recyclability of materials and reducing degradation, we contribute to creating more circular systems for our customers. This not only helps close the loop but also reduces the need for virgin materials, ultimately supporting a more sustainable and circular economy. PETplanet insider: Do you use AI for transformation processes related to sustainability (process analysis, savings potential, etc.)? Holland Colours: We are preparing ourselves for the use of AI in support of further optimising our production, and the sustainability performance of our production. The current step we’re working on is to ensure that we unlock the relevant data end ensure data quality. PETplanet insider:What are you doing in regard to ESG? Holland Colours: On ESG implementation and strategy: We recognise the importance of integrating ESG principles into our products, operations, and overall corporate strategy. Leveraging technology and data plays a key role in driving innovation, particularly in developing solutions that contribute to a more sustainable industry. Our focus on collaboration, connectivity, and co-creation ensures that ESG remains central to our operations, allowing us to meet the evolving expectations of our stakeholders. Transition from CSR to ESG framework: We are actively integrating our previous CSR efforts into a more structured ESG framework. As part of our commitment to ESG, we have taken several steps, including embedding ESG factors into our internal processes, establishing robust governance structures, and making necessary changes based on double materiality analysis. This approach aligns with evolving compliance requirements and enhances our capacity for internal evaluation and external ESG communications. CSRD compliance and future steps: We are preparing for compliance with the Corporate Sustainability Reporting Directive (CSRD), which will be mandatory starting in 2027/2028. Although the directive is not yet applicable, we have already begun aligning our processes with its guidelines. This proactive approach helps us gradually integrate the CSRD requirements into our operations, reinforcing our commitment to transparency and sustainability. Our efforts include emissions reporting for Scope 1, 2, and 3, and analysing our product portfolio for sustainability. Progress and reporting systems: In line with CSRD guidelines, we have made significant progress. Over 95% of our product portfolio has already been analysed for sustainability. Additionally, we have implemented reporting systems, including a dashboard to track non-financial data, and initiated limited assurance for our ESG reporting. These actions are part of our ongoing efforts to refine our data collection systems and improve transparency. Next steps and roadmap: As we move forward, we are refining our double materiality analysis and addressing gaps in our data collection systems. Our roadmap for 2024-2026 includes embedding ESG processes across the company, ensuring that sustainability is fully integrated into our decision-making and daily operations. By aligning with CSRD and its associated ESRS requirements, we are not only ensuring compliance but also strengthening our position as a responsible corporate citizen. Sponsors Editour
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