Growing together towards a PUre future expresses our firm commitment to reduce any negative effects of our activities and to optimise Recticel’s positive impact throughout the value chain. We are increasing our efforts to find innovative solutions to the major challenges in society today, such as global warming, a growing and ageing population and conservation of natural resources.
Sustainability has always been at the heart of our activities. Our thermal Insulation solutions for building renovations and new construction make a significant contribution to a low-carbon society. We estimate that in 2017, the CO2 emissions avoided by our insulation solutions total over 30 times our carbon impact throughout the value chain. Sustainability is also an important element of our Automotive business line, where customer demand for reduced carbon emissions pushed our innovation processes to develop lightweight materials. Similarly, in our Flexible Foams business line, innovative lightweight solutions have been developed for speciality applications in car engine compartments which require superior silencing properties.
Simfofit® - acoustic wall isolation panels (Recticel Insulation)
In other markets, the traditional focus has been on durability and on providing optimal comfort during the use phase. We are now readying our durable, primarily polyurethane-based products for the transition towards a circular economy in which waste no longer exists. Together with our stakeholders, including customers, employees, suppliers, the industry, knowledge institutes and authorities, we explore ways to reduce waste and design products that are eco-friendly and easy to dismantle. New mechanical and chemical recycling processes will allow us to reuse materials for more advanced value-added applications. Our Simfofit® insulation panels are a perfect example of how production waste and, in a second phase, end-of-life material can be transformed into an innovative acoustic insulation product offering a noise reduction of 12dB.
Reduced usage of raw materials by being more innovative and efficient should be complemented by the use of more sustainable raw materials. In partnership with Covestro, formerly Bayer MaterialScience, Recticel is the first company worldwide to use a CO2 based polyol in our flexible foam production process for products such as mattresses. This helps to conserve natural resources and combat climate change.
Such societal sustainability challenges will continue to drive our future innovations.
Innovation and people are key in achieving our sustainability strategy. As a result of a stakeholders’ consultation process, we defined the six most important aspects for Recticel and clustered them in a Sustainable Innovation Plan and a People Priority Plan. We subsequently selected a key performance indicator and target for each aspect. In our first sustainability report, published in September 2016, we gave an insight into our strategy and ambitions. In the second sustainability report, published in 2018, we share our progress towards our targets and discuss the obstacles we encounter on this continuous sustainability journey. Limited external assurance was performed by PwC on the six material aspects covering the seven KPIs.
We support the United Nations Sustainable Development Goals and especially those where Recticel expertise and activities are most relevant, such as: 'Good Health and Well-being', 'Climate Action', 'Responsible Consumption and Production', 'Decent Work And Economic Growth' and 'Partnerships for the Goals'.