Corporate Social Responsibillity

In 2023, SP Group focused on our joint responsibility to contribute to a more sustainable world. In cooperation with our customers, we have developed and manufactured products that promote quality of life and more efficient use of resources – for the benefit of both climate, environment, people and animals.

We have maintained a forward-thinking approach to our operations and production to improve resource consumption and promote sustainable processes. This contributes to a positive development globally and locally and promotes the health and safety of our employees.

Given our presence in 12 countries and 31 factories, we have sales of products in all parts of the world and thus the opportunity in several ways to create good conditions for the environment, animals and people in many different types of society.

We support the initiative behind the UN's 17 Sustainable Development Goals, to which our efforts contribute directly or indirectly. To underline SP Group's commitment to global sustainability, the Group is a member of the UN Global Compact and builds its sustainability work over 11 years on the principles set out therein.

This year, we have prepared our ESG reporting according to the new, but not yet applicable rules in EU’s Corporate Sustainability Reporting Directive (CSRD) and the associated European Sustainability Reporting Standards (ESRS) on materiality assessment and definition of data points for the measurement of the impact on environmental sustainability (E), social sustainability (S) and Governance (G).

To best contribute to the green transition, we have set the following strategic goals to be achieved by 2030:

• No negative environmental impact from operations
• All global production runs on renewable energy
• Entire Company is carbon neutral in Scope 1 and Scope 2
• Support of transition to renewable energy by manufacturing state-ofthe- art plastic and composite solutions, which are used for modern energy production
• Manufacture state-of-the-art plastic solutions, which contribute to energy optimisation, insulation, clean water and clean air
• Manufacture state-of-the-art plastic and coating solutions which contribute to a longer and better life

This report is SP Group’s ESG report pursuant to section 99a of the Danish Financial Statements Act, section 99b of the Danish Financial Statements Act on gender distribution in Management (see paragraph on gender equality and section 107d of the Danish Financial Statements Act on diversity (see paragraph on diversity) and section 99d of the Danish Financial Statements Act on data ethics. The report also provides information on our activities in relation to the EU Taxonomy Regulation. The report is also regarded as supplementary documentation for our Communication on Progress report to the UN Global Compact.

Read the Corporate Social Responsibility here



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