SUSTAINABILITY

COINDU Group has a strong sense of social responsibility and an active and permanent concern with the environment protection, preventing pollution, employee health and safety, and sustainability, complying with the applicable legal requirements and regulations, costumer specific requirements and other obligations.

COINDU Group is doing everything to honor the commitments and meet the expectations through a strategy of continuous improvement on its integrated management system.

Social and Economic Responsibility

Code of Ethics and Social Responsibility and Business Ethics it is a key tool to achieve and to keep the company aligned with the positioning expressed.

The COINDU Group Code of Ethics & Social Responsibility and the COINDU Group Code of Business contains the guiding principles of COINDU Group everyday professional action.

Code of Conduct Sourcing & Supply Chain is where COINDU Group communicates its expectations to suppliers and service providers with respect to working conditions, health and safety, environment and business ethics. We are committed to a responsible sourcing of raw materials and purchased goods.

Conflict Minerals -Coindu is committed to the responsible sourcing of all raw materials and purchased goods and continually review the approach t ethical and sustainable supply chain management.

  • Environmental Management
  • Health & Safety Management
Environmental Management

COINDU Group not only comply with all environmental laws and regulations, but also implement measures contributing to the protection of the environment. Therefore, we strive to minimize the adverse environmental impact of products and services during the whole product life cycle.

Health & Safety Management

The COINDU Group ensures that risks to the health and safety of its policyholders, employees, contractors and others arising from its operations are mitigated by conducting its operations in a safe manner in accordance with applicable laws and regulations.


GHG Emissions

CO2 FOOTPRINT REDUCTION / DECARBONIZATION PLAN

Climate change has been identified as one of the greatest challenges facing nations, governments, business, and citizens over future decades. Climate change has implications for both human and natural systems and could lead to significant changes in resource use, production, and economic activity. In response, international, regional, national, and local initiatives are being developed and implemented to limit greenhouse gas (GHG) concentrations in the Earth’s atmosphere. Such GHG initiatives rely on the quantification, monitoring, reporting and verification of GHG emissions and/or removals, which could be done within the framework of ISO 14064.To take responsibility COINDU set itself an ambitious goal:

Target 1 – by 2050: 80% reduction in Scope 1 emissions

COINDU has the long-term objective of 80% reduction in Scope 1 emissions, comparing to base year emissions (2019) by 2050. This objective is a company-wide target, considering all four COINDU facilities and includes 100% of Scope 1 emission sources. The plan to achieve this target is based on the electrification of the internal fleet and the substitution of stationary sources for more efficient ones and/or using cleaner fuels.

In the reporting year (2022) a 26,4% of the target was achieved, related to base year (2019).

Target 2 – by 2030: 80% reduction in Scope 2 emissions

Regarding Scope 2 emissions, the objective is to achieve an 80% reduction in Scope 2 emissions, considering the market-based method, by 2030, comparing to base year emissions (2019). This target includes all scope 2 emissions from all COINDU facilities. The plan for achieving the target implies the acquisition of green electricity (which started in 2022) and implementation of reduction energy efficiency measures. Also, on-site renewable energy production using photovoltaic panels is being implemented.

Additionally, the implementation of ISO 50001 is under evaluation, which will make possible the analysis of energy consumption in greater detail and allow to define and implement measures to reduce energy consumption.

In the reporting year (2022) a 55,3% of the target was achieved, related to base year (2019).

Target 3 – by 2050: 90% reduction in Scope 1 + Scope 2 emissions

Taking into consideration the two previously mentioned targets COINDU set a joint Scope 1 and Scope 2 reduction target of 90% comparing to base year emissions by 2050. The target includes all emissions from Scope 1 and Scope 2 from all COINDU facilities. This target will be achieved as a result of the implementation of the target 1 and target 2 measures.

Those goals can be achieved only by systematically avoiding and reducing GHG emissions internally on the facilities infrastructure and within the entire supply chain. In line with this concern, COINDU together with a specialised partner, carried out a study to calculate its Carbone Footprint expressed in tonnes of CO2 emitted in order to adopt and implement the necessary measures to reduce it as much as possible.


Press Releases

The Decarbonization Roadmap for the National Automotive Sector kicked off with the quantification of 20 carbon footprints and analysis of national and international best practices In partnership with a wide range of companies representing the sector, Mobinov has started developing a project focused on building a Decarbonization Roadmap for the National Automotive sector, a Project/Investment …
The Paris Agreement establishes a series of key measures to combat climate change and achieve carbon neutrality. Some of the main measures that countries must adopt include: promoting the use of renewable energy sources such as solar, wind and hydro; adopting practices to improve energy efficiency in buildings, transport and industries; • transparency in reporting …
The Paris Agreement was an important milestone in the global effort to combat climate change and its main objective is to limit the increase in global temperature to less than 2 degrees Celsius above pre-industrial levels and, preferably, to ensure that global temperatures stay below 1.5 degrees Celsius. The countries that are part of the …
Although it varies according to the type of energy used in production processes, the production of electric vehicle batteries has a high carbon footprint. However, during use, an electric vehicle is capable of emitting around three times less GHG when compared to a combustion vehicle, making this type of vehicle significantly less impactful from a …
Transport accounts for 25% of the world's carbon dioxide emissions. Apart from bicycles, the private means of transport with the smallest carbon footprint is the electric car. In comparison, a petrol or diesel vehicle has an average impact of around 170g of GHG per passenger per kilometer, while an electric vehicle has a figure of …
In 2018, the transport sector emitted 8 billion tones of CO2, corresponding to 24% of total CO2 emissions worldwide. In this context, land vehicles are responsible for 74.5%, with passenger vehicles accounting for 45.1% and are the means of transport with the greatest impact. As such, land transport is responsible for 18% of total CO2 …
This downward trend in recent years, a 66% reduction from 2017 to 2021, is largely explained by the reduction in emissions from the energy sector, since there has been an end to the production of electricity from coal and a strong growth in renewable sources of electricity production. The development of the National Automotive Sector …
Global greenhouse gas emissions continue to rise at a time when they need to be reduced rapidly. In order to achieve this goal, it is necessary to analyze their origins, i.e. which sectors contribute most to climate change. From this analysis, it is possible to identify opportunities for improvement and develop effective solutions and mitigation …
In 2021, a total of 54.59 billion GHG emissions were recorded worldwide, with China and the United States of America recording the highest figures, emitting 13.71 and 5.93 billion tons of GHG, respectively. If we consider GHG emissions per capita, China reached 9.62 tons per inhabitant and the USA recorded 17.58 tons per capita. In …
Scope 3 emissions are divided into 15 different categories, although not all categories are considered material for an Organization. In this context, the GHG emissions that stand out are associated with the acquisition of raw materials, the transport of goods and services upstream and downstream, the waste generated in operations, the business trips made, the …
Scope 2 emissions are divided into two categories, Market-Based and Location-Based emissions. Market-Based emissions are calculated based on the carbon intensity of the electricity purchased by the organization. If the organization uses electricity from cleaner sources, Scope 2 emissions will be lower. On the other hand, Location-Based emissions are calculated based on the average carbon …
The main sources of Scope 1 emissions in the automotive sector include: Manufacturing Processes: the production of vehicles and components can generate GHG emissions; Factory Operations: resulting from the combustion of fossil fuels in boilers, for example to generate heat, electricity or steam in factory facilities; Company Vehicle Fleets: emissions associated with company vehicles used …
This classification is useful for understanding the origins and impacts of emissions, as well as for developing reduction strategies and climate change mitigation policies. In this context, Scope 1 refers to the direct greenhouse gas emissions that an organization generates from its internal activities and emissions from its own fleet vehicles. These are the emissions …
The carbon footprint of a car is calculated taking into account various emission sources, including: Energy used in the production of the vehicle; Materials used in the construction of the vehicle; Consumption and type of fuel during use; Vehicle maintenance; Driving patterns and type of mobility; Energy used to treat the vehicle at the end …
In this context, human activity is primarily responsible for the emission of these gases, with the transport sector accounting for around 16.2% of total global emissions. Looking specifically at the automotive industry, it can be seen that the main pollutants are: Carbon dioxide (CO2): CO2 is the main GHG released by motor vehicles and is …
Climate Transition: Mobinov and 20 Companies Come Together to Build a Decarbonization Roadmap for the National Automotive Sector In partnership with a wide range of companies representing the sector, Mobinov took the decision to start developing a project focused on building a Decarbonization Roadmap for the National Automotive sector, a Project/Investment supported by the PRR …