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Sustainability Report

Reynders label printing

2024

Consolidated Sustainability Report

according to VSME standard

Voluntary SME Sustainability Reporting Standard

E|S|GSustainability & Responsibility

Foreword

Our Mission and Vision

At Reynders, our vision has always extended beyond mere expansion. Label printing is the backbone of numerous industries—when businesses grow, so do we, and when challenges arise, we stand together with our partners to find solutions. The demand for modern, environmentally responsible label solutions continues to rise, and we are proud to meet this demand with cutting-edge, sustainable solutions that set new standards in our industry.

Our commitment to high-quality products, integrating technology, and maintaining the highest sustainability certifications underscores our dedication to progress that benefits both businesses and communities. We take great pride in enabling companies to expand, innovate, and create jobs, knowing that our products support industries that drive economic growth.

Social Responsibility

Despite the challenges of our time, we continue to move forward with confidence, proving that long-term vision and responsible investment are key to success. None of this would be possible without the dedication of our team, the trust of our investors, and the strong partnerships we have built over the years.

  • Modern Label Production: We are creating a European portfolio of modern, environmentally friendly label production facilities with high-quality printing technologies
  • Sustainability: We appreciate our investors' assets and contribute to the sustainable future of the label industry in Europe
  • Communities: We are a responsible member of society, especially in the communities where we operate
  • Employees: We provide an inspiring environment for our employees and support their development

We draw on tradition and redefine it, enabling us to create new business opportunities and make these regions a better place to live.

Key Figures for 2024:

  • Total Revenue: 171 506 718 EUR
  • Total Asset Value: 120,332,329 EUR
  • Number of Employees: 692
  • Scope: Belgium, France, Poland, Germany, Spain, India

This report presents a comprehensive view of our activities in the areas of environmental responsibility, social responsibility, and corporate governance (ESG). We transparently present our results, challenges, and plans for the future.

B1: Basis for Preparation

Reporting framework, scope, and company profile

Basic company information

Reynders label printing Facility

Legal Entity

Legal name: NV Reynders label printing

Headquarters: Nijverheidsstraat 3, 2530 Boechout, Belgium

Legal form: NV (Public Limited Company)

Year of incorporation: 1956

Ownership & Leadership

Ownership: 100% Family-owned

Primary sector: Printing & Packaging

Stock exchange listing: Not listed

Mission

To deliver high-quality, compliant, and sustainable labeling solutions to regulated industries worldwide, combining technical excellence with environmental responsibility.

Vision

To be the trusted European leader in sustainable labeling, recognized for innovation, quality, and ethical business practices.

Values

Quality, Integrity, Sustainability, Customer Partnership, Continuous Improvement, Employee Well-being

Our Services

Self-adhesive labels

High-quality pressure-sensitive labels for pharmaceutical, cosmetic, and food applications

Booklet & Multilayer

Complex multi-page constructions for regulatory compliance and extended content

Shrink sleeves

360° coverage solutions for beverages, cosmetics, and household products

Flexible packaging

Sustainable pouches and films for food and personal care

Specialty labels

Security features, foil applications, and verso printing for premium applications

Prepress services

Design support, color matching, and technical optimization

Industries Served

💊
Pharmaceutical
Cosmetics
🍽️
Food & Beverage
🧪
Chemicals
🚗
Automotive

Our Global Presence

Reynders label printing consists of nine independent companies operating under the ownership and strategic direction of the Reynders family. Each entity functions autonomously while sharing a common vision of technical excellence, customer focus, and sustainable growth. This decentralized yet fully owned structure allows each branch to specialize and respond flexibly to market needs, while maintaining consistent quality, innovation standards, and corporate values across the group.

Belgium

Reynders Etiketten

Belgium

Limited liability company (BV)

Germany

Reynders Etiketten Deutschland

Germany

Gesellschaft mit beschrankter Haftung (GmbH)

Poland

Reynders Etiketten Polska

Poland

Spolka z ograniczona odpowiedzialnoscia (Sp. z o.o.)

Belgium

Reynders Etiquettes Cosmetiques

Belgium

Limited liability company (BV)

France

Reynders Etiquettes France

France

Societe par Actions Simplifiee Unipersonnelle (SASU)

Belgium

Reynders Pharmaceutical Labels

Belgium

Limited liability company (BV)

Spain

Reynders Spain

Spain

Sociedad Anonima (SA)

India

Reynders label printing India

India

Private Limited (Pvt. Ltd.) company

Belgium

Reynesco Invest

Belgium

Financial and investment entity

Our production sites

European Production Sites Map

Total Employees

692

Countries of operation

6

Production Facilities

8

Production Locations:

Belgium
France
Germany
Poland
Spain
India

General basis for preparation of sustainability statements

Basis for preparation

Consolidated

Reporting period: 1 January 2024 - 31 December 2024

Reporting scope

Same as financial statements - covers all consolidated entities

Value chain coverage and reporting approach

Reynders label printing takes into account all parts of its value chain in this Sustainability Report. This integrated approach enables the company to identify and assess environmental and social impacts that may arise in both the upstream (preceding) and downstream (subsequent) stages of the value chain, including relationships with key suppliers and customers.

The Management of Reynders label printing declares that this Sustainability Report has been prepared in good faith, based on the best available data. The report reflects the company's status and practices in the areas of environmental, social, and governance (ESG) matters as of 31 December 2024 and represents the first year of reporting under the new regulatory requirements.

The company has not used the option to omit specific information corresponding to intellectual property, know-how, or the results of applied innovations, nor has it omitted disclosures related to impending developments or matters in the course of negotiation.

Management and supervisory bodies

Board composition

Executive members

2

Non-executive members

3

Independent members

3 (60%)

Gender balance

5 men / 0 women

Organizational structure

Family Council
Board of Directors
Jan Gesquière (Besix)
Guido van der Schueren (Hybrid)
Management Committee
CFO
Kristof Vandenboucke
COO
Joris Mermans
CCO
Marco Van Hooff
Procurement Director
Sebastiaan Reynders
Sales Director Pharma
Bart Reynders

Strategy, business model, and value chain

Products, markets, and strategy

Reynders label printing offers a broad portfolio of high-quality labeling and packaging solutions, including self-adhesive labels, booklet/multilayer constructions, shrink sleeves, flexible packaging, and specialty labels (e.g. foil, verso, security). Product development remains focused on customization, technical performance, and regulatory compliance in sectors such as pharmaceuticals, cosmetics, food & beverage, automotive and chemicals.

The company serves global B2B clients operating in highly regulated and brand-sensitive sectors. Key industries include pharmaceuticals (including hospitals, laboratories, and parapharmaceutical products), cosmetics and personal care, food and beverages, chemicals (including agrochemicals and petrochemicals), and automotive (including tires and batteries). Together, these sectors represent approximately 85% of the Group's total sales during the reporting period, with the remaining 15% generated from other industries such as household goods, services, transport, and logistics.

Key geographic markets include Western and Central Europe and Asia, with the Indian branch serving exclusively the local market. The company's customer base consists primarily of multinational manufacturers and contract packagers that rely on Reynders' expertise in high-quality, compliant, and sustainable labeling solutions. No significant customer groups were added or discontinued during the reporting period.

Product Portfolio Distribution & Year-over-Year Growth (2023-2024)

Product Group Share
Standard55%
Book/Multi30%
Foil/Verso/Special12%
Sleeve3%
Growth Evolution 2023-2024
Standard
-3%
Book/Multi
+14%
Foil/Verso/Special
+17%
Sleeve
-13%

Business model: inputs and outputs

The company's business model is built on high-quality inputs including raw materials such as virgin paper and film, adhesives, inks, varnishes, and foils - procured primarily from European suppliers to ensure short lead times and regulatory compliance (e.g. GMP, BRC). Procurement is managed centrally through long-term partnerships and internal ERP systems. The company also relies on advanced machinery suppliers, energy providers, and skilled labor. In-house IT and R&D capabilities ensure operational independence and continuous innovation.

Reynders label printing delivers tailor-made, technically advanced labeling solutions that support customer needs in traceability, safety, branding, and regulatory compliance. The company's strong customer retention, expansion into new markets, and consistent investment in sustainability (e.g. liner recycling, low-energy printing, FSC materials) provide long-term value for stakeholders. The business model ensures resilient and high-margin production backed by a strong quality and certification system.

Value chain structure

Upstream
Raw Materials & Inputs

Global suppliers of paper, film, foils, inks, adhesives, packaging materials

Machinery & Technology Providers

Manufacturers of printing presses, converting and control equipment

Energy & Utilities

Suppliers of electricity, gas and water

Own Operation
Reynders label printing
  • Develop, test and produce high-end labeling and flexible packaging solutions
  • Operate eight production sites with in-house prepress, press, and postpress processes
  • Manage quality, safety and environmental performance (ISO-certified)
  • Drive innovation in sustainable materials and digitalization (Triple R, EDI, liner recycling)
  • Serve regulated industries with tailor-made GMP-compliant labeling
Downstream
Distributors & B2B Clients

External brokerage partners

Waste Management & Recycling Partners

Specialized companies for backing paper and packaging recycling

Regulators

Oversight and compliance requirements

Local Communities

Social and environmental engagement

Interests and views of stakeholders

Stakeholder identification and engagement

Reynders label printing maintains structured and transparent stakeholder engagement processes across all sites in Europe and India. Stakeholders are identified based on two main criteria: groups that directly influence the company's activities through their legislative, regulatory, or operational roles, and groups that are directly or indirectly affected by the company's operations.

Engagement occurs through formal consultations with authorities, suppliers, and key customers; internal communication structures (daily briefings, fortnightly QA meetings, monthly production meetings); customer liaison through dedicated sales and customer service; community outreach for major works; and digital communication via website and LinkedIn. This engagement is coordinated within the integrated management system where relevant (ISO 9001, 14001, 45001), with the Prevention Advisor centrally overseeing communications related to safety, well-being, and environmental topics.

Stakeholder GroupMethod of CommunicationPurposeType
Customers (B2B)Regular meetings, audits, certifications (ISO 9001, BRCGS/IoP, GMP), customer feedback channels, technical documentationEnsure product safety, compliance, continuous improvement; maintain trust and transparencyAffected
Suppliers and PartnersSupplier Code of Conduct (ETI Base Code), REACH compliance, audits, long-term partnerships, EDI communicationEnsure ethical sourcing, fair labour practices, environmental compliance, stable supply chainAffected
EmployeesInternal communication, training, ISO 45001 and ISO 14001 systems (where relevant), annual reviews, employee surveysEnsure safe and fair working conditions, professional development, engagement in sustainabilityAffected
Regulatory AuthoritiesAudits, compliance documentation, environmental and safety inspections, REACH, ISO and GMP certificationsMaintain full legal compliance and certification validity; demonstrate conformity with EU and national lawsUser
Local CommunitiesEmployment initiatives with social enterprises (supporting integration of people with disabilities, refugees), local sourcingContribute to local economic development and social inclusion through responsible business practicesAffected
Industry AssociationsParticipation in AIM's Digital Watermarks Initiative HolyGrail 2.0, ETI Base Code membership, sustainability projectsContribute to circular economy innovation and promote sectoral collaboration in sustainabilityUser
End-Users (Consumers)Compliance with packaging and labelling regulations, clear product information, safe inks and adhesives, ISO 9001 quality controlEnsure consumer health and safety and enhance transparency in labellingAffected

Material impacts, risks and opportunities

Overview of Material Topics

CodeTopicImpactFinancial OpportunityFinancial RiskFinal Result
E1Climate change
E2Pollution
E3Water and marine sources
E4Biodiversity and ecosystems
E5Resource Use & Circular Economy
S1Own Workforce
S2Workers in the Value Chain
S3Affected Communities
S4Consumers and end-users
G1Business Conduct
None
Low
Moderate
High
Very High / Severe

Material Topics and Related Impacts, Risks and Opportunities

CodeTopic / SubtopicIRO TypeSupply Chain PositionDescription of ImpactTime Horizon
E1GHG emissions (Scope 1, 2 & 3)Impact - Actual; NegativeUpstream, Own operation, DownstreamGreenhouse gas emissions arise from fossil fuel use, electricity consumption, and upstream/downstream logistics such as raw materials, transport, and waste.Short-term
E1Energy consumption from gas and electricityImpact - Actual; NegativeOwn operationHigh energy use in drying and printing processes contributes to indirect emissions. Some sites still rely on fossil-based heating systems.Short-term
E1Renewable energy installations (solar panels)Impact - Actual; PositiveOwn operationSolar panels in Spain and Poland reduce grid dependency, operational costs, and CO₂ emissions; further installations are planned.Short-term
E2SVHC content in productsImpact - Actual; NegativeUpstream, Own operation, DownstreamPotential presence of substances of very high concern (DEHP, BPA, etc.) poses environmental and health risks. Strict REACH compliance and customer notification mitigate risks.Short-term
E5Material selectionImpact - Actual; PositiveUpstream, Own operationThe company promotes material efficiency and circularity via its "Triple R" (Reduce–Reuse–Recycle) program, material lightweighting, and supplier collaboration.Short-term
E5Resource inflowsImpact - Actual; NegativeUpstream, Own operationHigh consumption of virgin materials (paper, plastics, inks) increases environmental footprint. FSC certification and ISO 14001 reduce impact.Short-term
E5Product designImpact - Actual; PositiveOwn operation, DownstreamDevelopment of recyclable, compostable, and FSC-certified materials supports circularity and reduces end-of-life impacts.Short-term
E5Waste in own operationImpact - Actual; NegativeOwn operationProduction waste (including liner waste) contributes to Scope 3 emissions; re-use and regranulation options are explored.Short-term
S1Working conditionsImpact - Actual; PositiveOwn operationPermanent contracts, fair pay, and ISO 45001-certified safety systems (where relevant) ensure strong labour standards and safe workplaces.Short-term
S1Equal treatment and opportunities for allImpact - Actual; PositiveOwn operationInclusive workforce (20+ nationalities), and strong anti-discrimination measures strengthen diversity and equality.Short-term
S1Other work-related rightsImpact - Actual; PositiveOwn operationCode of Conduct prohibits discrimination, harassment, and inequality; data protection ensured by role-restricted systems.Short-term
S2Working conditions in the supply chainImpact - Actual; PositiveUpstreamSupplier codes aligned with the ETI Base Code prohibit child labour and corruption; human-rights oversight partially implemented.Short-term
S4Information-related impacts for consumers and end-usersImpact - Actual; PositiveDownstreamCertified labelling processes (ISO 9001, BRCGS, GMP) ensure accuracy and traceability, reducing mislabelling risks.Short-term
S4Personal safety of consumers and end-usersImpact - Actual; PositiveDownstreamStrict chemical approval and 100% camera inspection ensure consumer health protection; no product recalls reported.Short-term
G1Corporate cultureImpact - Actual; PositiveOwn operationThe Code of Conduct sets ethical and behavioural standards; company culture reinforces compliance and accountability.Short-term
G1Protection of whistle-blowersImpact - Actual; PositiveOwn operationEU Whistleblower Directive implemented; secure and confidential channels promote transparency and trust.Short-term
G1Management of supplier relationshipsImpact - Actual; PositiveOwn operationStrong partnerships supported by REACH compliance, fair payment practices, and adherence to the ETI Base Code.Short-term
G1Corruption and briberyImpact - Actual; PositiveOwn operationZero-tolerance anti-corruption policy embedded in Code of Conduct and ETI Base Code, supported by employee training.Short-term

B2: Practices, Policies and Future Initiatives

Consolidated overview of sustainability practices, policies and planned initiatives

Policy Framework Overview

Reynders label printing manages sustainability through an integrated approach combining certified management systems, a comprehensive Code of Conduct, and adherence to international standards. While some standalone policies are still being formalised, the company's practices effectively address environmental protection, social responsibility, and ethical business conduct across all operations.

E

Environmental

ISO 14001 certified, GHG Protocol compliant, FSC certification, Triple R Program

S

Social

ETI Base Code, Code of Conduct, ISO 45001 health and safety, collective bargaining

G

Governance

Code of Conduct, whistleblower protection, anti-corruption measures, supplier guidelines

Environmental Policies and Practices

Climate Change Management

Reynders label printing has not yet adopted a stand-alone Climate Change Policy. However, the company manages climate-related issues effectively through existing management systems, verified methodologies, and group-wide environmental commitments.

Greenhouse gas emissions are monitored and reported in accordance with the GHG Protocol, covering Scope 1, 2 and 3 emissions across all sites. Several production facilities are additionally certified under ISO 14001 Environmental Management System, while all operate under a group-wide ISO 9001 Quality Management System that embeds procedures for energy efficiency, process optimisation and continuous improvement.

Framework Alignment:

  • GHG Protocol Corporate Standard
  • CDP Climate Disclosure
  • Paris Agreement 1.5°C alignment
  • ISO 14001 Environmental Management

Social Policies and Practices

Code of Conduct

Reynders label printing has implemented internal rules through its Code of Conduct, which applies to all employees across its sites. The Code covers:

  • Respect for human rights and dignity
  • Equal treatment, diversity, and zero tolerance of discrimination or harassment
  • Safe and healthy working conditions
  • Fair remuneration and compliance with labour laws
  • Freedom of opinion and open communication
  • Compliance with applicable laws and internal company rules

ETI Base Code Alignment

Reynders label printing's Code of Conduct and ethical standards are aligned with the ETI Base Code (Ethical Trading Initiative), to which the company formally subscribes. The ETI Base Code is founded on the conventions of the International Labour Organization (ILO) and is consistent with the UN Guiding Principles on Business and Human Rights and the Universal Declaration of Human Rights.

By endorsing the ETI Base Code, Reynders label printing commits to:

  • Employment that is freely chosen, without forced or bonded labour
  • Respect for freedom of association and the right to collective bargaining
  • Safe and hygienic working conditions and the prohibition of child labour
  • Equal opportunities and non-discrimination in all employment practices
  • Fair wages, reasonable working hours, and humane treatment

Policy Confirmations

Policies explicitly address human trafficking, forced/compulsory labor, and child labor
Workplace accident prevention policy or management system in place
Specific policies aimed at elimination of discrimination and harassment
Policies cover all grounds for discrimination (race, color, sex, sexual orientation, gender identity, disability, age, religion, political opinion, national origin)

Governance Policies and Practices

Business Conduct Policy

The Code of Conduct includes commitments to:

  • Conducting all business operations with honesty, transparency, and fairness
  • Prohibiting bribery, corruption, and conflicts of interest
  • Ensuring equal opportunity, non-discrimination, and respectful workplace behaviour
  • Upholding data confidentiality, intellectual property rights, and responsible communication
  • Promoting safety, quality, and environmental stewardship as part of daily business ethics

Whistleblowing and Investigation Mechanisms

The Code of Conduct contains a "speaking-up" section referencing the EU Whistleblower Directive. Employees can report unethical or unlawful behaviour through internal channels, ensuring non-retaliation and confidentiality.

Internal Reporting Channels

Reports can be submitted in writing or verbally through official channels:

  • • By telephone: +32 (0)3 460 14 27
  • • By email: [email protected]
  • • By post: Reynders label printing, attn. An Meeussen, Nijverheidsstraat 3, 2530 Boechout, Belgium

Protection Measures

  • • Prohibition of retaliation (dismissal, demotion, harassment, discrimination)
  • • Confidential handling of all reports and secure storage of related information
  • • Acknowledgement of receipt within seven days and feedback within three months
  • • Anonymous reporting options and impartial follow-up

Future Initiatives and Planned Developments

Environmental Initiatives

  • Expansion of solar panel capacity at additional European sites by 2026
  • 30% reduction in Scope 1+2 emissions by 2030 (vs 2018 baseline)
  • Continued fleet electrification programme
  • Enhanced supplier collaboration for Scope 3 reduction

Social Initiatives

  • Continued investment in employee training and development programmes
  • Enhancement of health and safety management systems
  • Strengthening of diversity and inclusion initiatives
  • Expansion of community engagement programmes
EENVIRONMENT

Our Environmental Impact

We are committed to reducing our environmental footprint through sustainable practices, energy efficiency, and responsible resource management across all our operations.

B3: Energy and Greenhouse Gas Emissions

Energy consumption, renewable energy mix, and greenhouse gas emissions across all scopes

C3: GHG Reduction Targets and Climate Transition

Solar panels on Reynders facility rooftop

Decarbonisation Plan

Reynders label printing has established a structured decarbonisation plan that targets emission reductions across Scopes 1, 2 and 3, aligned with its CDP-disclosed climate commitments and verified under the GHG Protocol Corporate Standard. The plan focuses on lowering direct energy-related emissions, improving energy efficiency, and expanding renewable energy capacity.

GHG Emission Reduction Targets

Reynders label printing has set comprehensive targets to reduce greenhouse gas emissions across all scopes. The following table presents our base year values, progress in 2023 and 2024, and the pathway toward our 2025-2030 reduction commitments.

TargetBase YearBase Value2023 Value2023 Progress2024 Value2024 Progress
Scope 3 CO₂e/m²; 25% decrease in 2027 vs 202220220.0001834770.000139131-24.17%0.00003402-81.46%
Scope 1+2 (location based) CO₂e/m²; 15% decrease in 2025 vs 201820180.0001200890.000081549-32.09%0.00011612-3.30%
Scope 1+2 (location based)+3 CO₂e/m²; 15% decrease in 2025 vs 201320130.0003655110.00022068039.62%0.000150141-58.92%
Scope 3 CO₂e; 0.5% decrease in 2025 vs 2018201810,444.027,955.75-23.82%1,913.52-81.68%
Scope 1+2 (location based); 30% decrease in 2030 vs 201820185,121.144,663.11-8.94%6,531.3927.54%
Scope 1+2 Reynders Etiketten CO₂e/m²; 20% decrease in 2028 vs 202320230.00008812--0.0001075422.04%
Scope 1+2 Reynders Pharmaceutical Labels CO₂e/m²; 20% decrease in 2028 vs 202320230.00010929--0.0001418429.78%
Scope 1+2 Reynders Germany CO₂e/m²; 20% decrease in 2028 vs 202320230.00012296--0.00028723133.60%

Solar Energy Progress

2023 Solar Electricity Share

1,43%

2024 Solar Electricity Share

3,76%

Key Measures and Actions

Energy Efficiency and Building Improvements
  • Ongoing LEDification across all sites, including replacement of remaining fluorescent and halogen lighting.
  • Installation of heat exchangers, roof insulation, and low-energy UV curing systems to reduce thermal losses and power demand.
  • Motion detectors installed in several offices and production rooms to control lighting and limit unnecessary energy use.
  • Gradual replacement of fossil-fuel-based heating systems with high-efficiency alternatives.
Renewable Energy
  • Deployment of photovoltaic solar panels at sites in Spain and Poland, contributing 3.76% of total electricity consumption in 2024 (up from 1.43% in 2023).
  • Evaluation of additional solar capacity across other European sites by 2026.
Fleet Electrification
  • Full electrification of the company's car fleet, eliminating direct fuel combustion emissions and significantly reducing Scope 1 emissions.
Water Efficiency
  • Installation of rainwater collection systems at new and expanded building sections.
  • Awareness-raising campaigns across the Group to promote responsible water usage and reduction of consumption in production and sanitary areas.
Scope 3 Management
  • Collaboration with suppliers to reduce the carbon footprint of raw materials, particularly paper, films, and inks.
  • Implementation of the Triple R Program (Reduce – Reuse – Recycle) to minimise material intensity and waste.
Monitoring and Verification
  • Emission data tracked per m² of production and verified under ISO 14001.
  • Continuous improvement monitored through CDP reporting and ISO 14001 management reviews at certified sites.

Through on-site renewable generation, energy and water efficiency upgrades, full fleet electrification, and supplier collaboration, Reynders label printing expects to achieve or exceed all near-term reduction targets by 2027, maintaining continuous improvement toward its 2030 decarbonisation goal.

Reynders warehouse with efficient material handling and storage systems
Reynders quality control laboratory with modern testing facilities
Reynders R&D laboratory workspace with advanced equipment
Paris Agreement Alignment

Reynders label printing's greenhouse gas (GHG) reduction targets are aligned with the 1.5°C global warming limit of the Paris Agreement, as they reflect the decarbonisation trajectory compatible with science-based targets for the printing and packaging sector.

Integration with Business Strategy

Reynders label printing integrates its climate action plan directly into its corporate and financial strategy. Investments in solar panels, LED curing, and energy-efficiency technologies are part of the annual CAPEX plan, supporting both cost reduction and emission goals. Progress on CO₂ reduction and renewable energy use is reviewed annually by management and the Board.

Unavoidable Emissions Management

Despite ongoing progress, Reynders label printing recognises that certain process-related and energy-intensive emissions remain unavoidable due to the thermal drying and curing stages inherent to label printing and material processing. Such residual emissions could slow down progress toward absolute zero in the short term, especially at sites still partly dependent on natural gas for heat generation and where production scale limits the feasibility of full electrification.

Energy Consumption and Mix

Energy CategoryValue (MWh)Share (%)
Fuel consumption from coal and coal products--
Fuel consumption from crude oil and petroleum products990.53%
Fuel consumption from natural gas2 68815%
Fuel consumption from other fossil sources--
Purchased electricity, heat, steam, and cooling from fossil sources6 51135%
Total fossil energy consumption9 29850%
Consumption from nuclear sources2 93816%
Fuel consumption for renewable sources (biomass)--
Purchased electricity, heat, steam, cooling from renewable sources6 34634%
Self-generated non-fuel renewable energy--
Total renewable energy consumption6 34634%
TOTAL ENERGY CONSUMPTION18 582100%

Renewable Energy Production

1 026MWh

Self-generated renewable energy from solar panels

Greenhouse Gas Emissions (Scope 1, 2 and 3)

Reynders production facility overhead view
Scope 1 GHG Emissions
822
tCO₂eq
0% from regulated emission trading schemes
Scope 2 GHG Emissions
5 649
tCO₂eq (location-based)
4,593 tCO₂eq (market-based)
Scope 3 GHG Emissions
43 837
tCO₂eq
Total GHG Emissions (location-based)
50 308
tCO₂eq
Total GHG Emissions (market-based)
49 252
tCO₂eq

Scope 3 GHG Emissions Breakdown

CategoryEmissions (tCO₂eq)
1. Purchased goods and services35 563
2. Capital goods1 739
3. Fuel and energy-related activities (not in Scope 1 or 2)2 241
4. Upstream transportation and distribution1 337
5. Waste generated in operations1 343
6. Business travelingIncluded in cat. 1
7. Employee commuting549
8. Upstream leased assets76
9. Downstream transportation989
10-15. Other categoriesNot applicable

Methodologies and Emission Factors

Reynders label printing follows the GHG Protocol Corporate Standard for the calculation and measurement of greenhouse gas (GHG) emissions across Scopes 1, 2, and 3.

Calculation methods:
  • Activity-based method: Uses specific operational data such as electricity consumption (kWh), fuel use (litres), or gas volume (GJ, m³)
  • Spend-based method: Relies on financial data (EUR or USD) where activity data are unavailable
Emission factors sourced from: DEFRA, IEA, Ecoinvent, IPCC, Climatiq, and EU/local energy market statistics

GHG Emissions Intensity (location-based)

293tCO₂eq per million EUR revenue

GHG Emissions Intensity (market-based)

287tCO₂eq per million EUR revenue
Significant Changes

There have been no significant changes in the structure of the business and in the value chain during the reporting period.

Primary Data Usage

Percentage of GHG Scope 3 calculated using primary data from suppliers or other partners in the value chain: 0.00%

Scope 3 Category Methodology

Categories Included (1, 2, 3, 4, 5, 7, 8, 9):
  • Category 1 (Purchased Goods and Services): Paper, plastic films, adhesives, inks, packaging materials. Calculated using spend-based method with CLIMATIQ and IPCC emission factors.
  • Category 2 (Capital Goods): New equipment, photovoltaic installations, production lines. Spend-based method with CLIMATIQ and IPCC factors.
  • Category 3 (Fuel and Energy-Related Activities): Extraction, production, and transport of fuels. DEFRA emission factors used.
  • Category 4 & 9 (Transportation): Upstream and downstream transport of materials and products. Spend-based approach with CLIMATIQ database.
  • Category 5 (Waste Generated): Based on internal waste records and ISPOP system. DEFRA emission factors applied.
Excluded Categories and Reasons:
  • Category 6 (Business Travel): Currently included within Category 1. Will be separated in future reporting.
  • Category 10-12 (Processing, Use, End-of-Life): Labels do not generate emissions during use or require processing. End-of-life responsibility lies with end users.
  • Category 13-15 (Leased Assets, Franchises, Investments): Not applicable to business model.

C4: Climate Risks

Process to Identify Climate-Related Impacts

Reynders label printing identifies and assesses climate-related impacts through a structured scenario-based analysis aligned with the IPCC's Shared Socioeconomic Pathways (SSP) and the GHG Protocol. The process evaluates potential physical impacts on company operations, supply chains, and GHG emissions under three global warming trajectories — SSP1-2.6 (low emissions), SSP3-7.0 (high emissions), and SSP5-8.5 (very high emissions).

Climate Risk Assessment Status

We have not identified material climate risks. However, we have assessed how sensitive our assets and activities are to identified climate risks.

The assessment considered temperature rise, heatwave frequency, precipitation variability, and drought patterns. All facilities are situated in low-to-moderate exposure zones (NUTS level 2 classification) with limited risk of flooding or extreme drought.

Transition Risks and Opportunities

We have not identified material risks and opportunities. However, we used climate-related scenario analysis to identify transition risks/opportunities and assess exposure.

Transition analysis used the SSP1-2.6 scenario, representing a 1.5°C pathway aligned with the Paris Agreement. Key opportunities arise from energy efficiency, renewable integration, and sustainable product innovation.

Climate Scenarios Used

SSP1-2.6

+1.6°C by 2100
Low-emission pathway reflecting strong global mitigation

SSP3-7.0

+4.0°C by 2100
High-emission scenario with regional adaptation challenges

SSP5-8.5

+4.4°C by 2100
Very high-emission trajectory with fossil-fuel-driven economy

Assets Compatibility

We have not identified assets or activities that are incompatible with the transition to a climate neutral economy or require significant efforts to be compatible with this transition.

B4: Pollution of Air, Water and Soil

Management of substances of concern and pollution prevention measures

Substances of Concern Management

SVHC Management System

Reynders label printing manages the presence of Substances of Very High Concern (SVHC) in its products through a structured REACH compliance system supported by supplier controls, internal documentation, and customer transparency.

Key Actions and Procedures:
  • Supplier Declaration and Monitoring: All suppliers are contractually required to confirm REACH registration and disclose the presence of SVHCs listed on the official ECHA Candidate List. Any material containing SVHCs above the 0.1% (w/w) threshold must be reported to Reynders label printing without delay.
  • Internal Substance Register: Reynders label printing maintains an internal SVHC register covering inks, adhesives, varnishes, and other raw materials used in production. This list is updated in line with new ECHA publications and is managed by the Group EHS and Quality teams.
  • Customer Communication: Whenever SVHCs are detected above regulatory thresholds, customers are informed transparently in compliance with REACH Article 33.
  • Preventive Material Selection: In cooperation with suppliers, Reynders label printing promotes the use of low-migration inks, BPA-free coatings, and solvent-free adhesives to reduce chemical risks.
  • Awareness and Continuous Improvement: Technical and procurement teams receive regular REACH and SVHC training to ensure understanding of new regulatory developments.

Substances of Very High Concern (SVHC)

Table lists Substances of Very High Concern (SVHC) reported by Reynders’ suppliers as present in materials used in production at concentrations above 0.1%:

SVHC SubstanceMaterial CodeDescription
Dioctyl tin dilaurate (CAS 3648-18-8)340011PET 50 CLEAR GLOSS PFC 8K CRYOGENIC
2-(Dimethylamino)-2-[(4-methylphenyl)methyl]-1-[4-(morpholin-4-yl)phenyl]butan-1-one (CAS 119344-86-4)EXC540UV FLEXO INK: Yellow, Magenta, Cyan
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)013335THERMAL ECO BPA FREE FSC S9500-BG40WH FSC
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)013000THERMAL ECO BPA FREE FSC R5000N-BG40BR
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)012998THERMAL ECO BPA FREE FSC S2000NG-BG40BR
Dicyclohexyl phthalate (DCHP) (CAS 84-61-7)012126TRANSFER PET36 TOP WHITE S8092-PET75
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)710047THERM G NO BPA FSC (907) 62Gpt PH515
Diphenyl (2,4,6-Trimethylbenzoyl)phosphine Oxide (TPO) (CAS 75980-60-8)985UV1152UV WHITE G11
Diphenyl (2,4,6-Trimethylbenzoyl)phosphine Oxide (TPO) (CAS 75980-60-8)985UV9166UV DEEP BLACK
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)050080THERMAL ECO BPA FREE FSC / RP51 / HONEY GLASSINE 65-FSC
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)050954TH ECO BPA FREE NXT+FSC / RH9X / HONEY GLASSINE 65-FSC
4,4'-Sulphonyldiphenol (BPS) (CAS 80-09-1)052001THERMAL ECO BPA FREE FSC / RP45 / HONEY GLASSINE 65
Bisphenol A (CAS 80-05-7)30060XUORANGE 35C THERMOCHROMIC UV CURING SCREEN
2-Benzyl-2-dimethylamino-4-morpholinobutyrophenone (CAS 119313-12-1)80476GUFPURPLE PMS 526 IR TO GREEN UV CURING FLEXO INK
2-Benzyl-2-dimethylamino-4-morpholinobutyrophenone (CAS 119313-12-1)80502GUFPANTONE PURPLE IR TO GREEN UV CURING FLEXO
2-Benzyl-2-dimethylamino-4-morpholinobutyrophenone (CAS 119313-12-1)42318GUFRED IR TO GREEN UV CURING FLEXO (PMS 485U)
2-Benzyl-2-dimethylamino-4-morpholinobutyrophenone (CAS 119313-12-1)75927GUFBLUE IR TO GREEN UV CURING FLEXO (PMS 485U)
2-Benzyl-2-dimethylamino-4-morpholinobutyrophenone (CAS 119313-12-1)7CH37GUFBBLUE IR TO GREEN UV CURING FLEXO (PMS 293)

B7: Resource Use, Circular Economy and Waste Management

Material flows, circular product design, waste management, and resource efficiency initiatives

Material Resource Inflows

Material Resource Inflows

Reynders label printing's main material inputs consist of paper, plastic films (PP, PE), inks, and adhesives used in label printing. Based on internal estimates, approximately 80% of materials are used for product manufacturing and 20% for packaging. Resource consumption is tracked per 1,000 m² of production under the ISO 14001 environmental management system.

Geographic Origin of Materials

Reynders label printing prioritizes regional sourcing to minimize transport-related emissions and ensure supply chain resilience. The overwhelming majority of materials are sourced from European suppliers, significantly reducing the environmental footprint of logistics operations.

More than 90% of Reynders label printing's materials originate from European countries, with Luxembourg, France, and Germany serving as the primary sourcing hubs. This regional concentration supports shorter delivery times (typically 2-3 days), reduces transportation emissions, and ensures compliance with EU regulatory standards for quality and sustainability.

Luxembourg
Luxembourg

Primary sourcing hub

France
France

Major European supplier

Germany
Germany

Regional materials partner

USA
USA

Specialized materials

UK
UK

Select components

Material Certification

A significant share of biological materials used by Reynders label printing consists of FSC-certified paper and cardboard, ensuring that fibre-based inputs are sustainably sourced and compliant with the EU's cascade principle of resource use (prioritising reuse and recycling before energy recovery or disposal).

Waste Management and Resource Outflows

Circular Product Design

Reynders label printing applies circularity principles in product design by:

  • Promoting recyclable and compostable label constructions
  • Using FSC-certified paper and mono-material plastic films where possible
  • Reducing material thickness and optimising formats to minimise waste
  • Exploring linerless label technologies to eliminate backing waste

Waste Management

Relevant Waste Streams
  • Paper and cardboard waste, including label liners, packaging, and production residues
  • Plastic waste, such as films, packaging materials, and substrates used in printing
  • Mixed and composite packaging waste, combining paper, plastic, and adhesives
  • Hazardous waste, primarily inks, varnishes, solvents, toners, and adhesive residues
  • Municipal and commercial waste, arising from general operations and maintenance
  • Metal and wooden packaging, used for material storage and transport
Waste Generation and Treatment (2024)
Waste CategoryAmount (tonnes)%
Total Waste Generated5 177100%
Waste Diverted from Disposal2 10741%
- Preparation for reuse00%
- Recycling2 10741%
- Other recovery operations00%
Waste Directed to Disposal3 07059%
- Incineration2 54249%
- Landfilling52810%
- Other disposal operations00%
Hazardous Waste
47 tonnes
Recycling: 5 tonnes
Incineration: 33 tonnes
Landfilling: 10 tonnes
Non-Hazardous Waste
5 130 tonnes
Recycling: 2,102 tonnes (41%)
Incineration: 2,509 tonnes (49%)
Landfilling: 518 tonnes (10%)
Waste Treatment Allocation Methodology

For waste streams where the exact treatment route was not known, conservative allocation factors were applied based on typical waste management practices in Western Europe, using Eurostat statistics as reference. These assumptions were used solely for calculation purposes where no primary information on the actual treatment route was available.

SSOCIAL

People at the Heart of Our Business

We prioritize fair treatment, safe working conditions, and respect for human rights throughout our workforce and value chain.

B8-B10: Workforce Characteristics, Health and Safety, Remuneration

Employee demographics, working conditions, health and safety, and fair remuneration

Workforce Overview and Strategic Context

Positive Impacts on Workforce

Reynders label printing fosters several positive impacts on its workforce through structured employment practices, training, and social dialogue:

  • Secure employment & fair pay: Nearly all employees hold permanent contracts, and salary levels meet or exceed sectoral minimums, verified annually via internal and external benchmarking.
  • Work-life balance & family support: Flexible shift patterns, part-time opportunities, and on-site childcare facilities (e.g., De Kleine Prins at the Boechout campus) help employees balance family and work responsibilities.
  • Health and safety culture: Regular safety briefings, incident tracking, and certified management systems strengthen occupational well-being.
  • Social dialogue & freedom of association: Reynders label printing is a signatory to the ETI Base Code, guaranteeing the right to union representation and collective bargaining. Employee councils and QA meetings ensure transparent communication and participatory decision-making.
  • Equal treatment & inclusion: The company enforces a strict Code of Conduct prohibiting discrimination, harassment, and inequality, ensuring equal pay for men and women in equivalent roles.
Reynders employees collaborating in outdoor meeting area
Reynders production team working together at manufacturing equipment

C6: Human Rights Policies and Processes

Code of Conduct

Reynders label printing has implemented internal rules through its Code of Conduct, which applies to all employees across its sites. The Code covers:

  • Respect for human rights and dignity
  • Equal treatment, diversity, and zero tolerance of discrimination or harassment
  • Safe and healthy working conditions
  • Fair remuneration and compliance with labour laws
  • Freedom of opinion and open communication
  • Compliance with applicable laws and internal company rules

Policy Confirmations

Policies explicitly address human trafficking, forced/compulsory labor, and child labor
Workplace accident prevention policy or management system in place
Specific policies aimed at elimination of discrimination and harassment
Policies cover all grounds for discrimination (race, color, sex, sexual orientation, gender identity, disability, age, religion, political opinion, national origin)

Human Rights Incidents in Value Chain

There were no serious human rights incidents reported involving workers in the value chain during the reporting period.

Worker Engagement and Representation

The perspectives of Reynders label printing's own workforce are taken into account in decisions or activities aimed at managing the actual and potential impacts that influence them. Employee engagement occurs through direct communication with own workforce and regular consultations with workers' representatives.

Engagement Stages and Frequency

Employee engagement occurs at several stages:

  • Operational stage: Daily and bi-weekly meetings address production and safety issues
  • Strategic and policy stage: Regular reviews of working conditions, wages, and safety under ISO 9001 and ISO 45001 frameworks
  • Annual stage: Salary benchmarking and HR reviews

Type of engagement: two-way communication, employee feedback sessions, and consultation through workers' councils and union bodies.

Integration of Workforce Perspectives

Input from employees and their representatives is used to identify workplace improvements (health, safety, ergonomics), review working-time organisation, and adjust training and development opportunities. Feedback is integrated through HR management and site leadership teams.

Reynders worker performing precision quality control
Reynders employee operating manufacturing equipment
Reynders team members reviewing production quality

Grievance and Remediation Processes

Channels for Raising Concerns

Reynders label printing has established channels for raising concerns and needs and supports their availability in the workplace for its own workforce. The company has not identified any significant negative impact that it has caused or contributed to affecting persons within its own workforce.

Reynders label printing provides multiple formal and informal channels that allow employees to raise concerns or express needs directly to management:

  • Direct communication during daily briefings, QA meetings, and production meetings
  • HR and line management – employees can approach supervisors or HR staff at any time
  • Works councils and union representatives at European sites, which facilitate structured dialogue
  • Internal email and in-person meetings used to report issues or request support

These channels are established directly by the enterprise, and the company has a grievance/complaints handling mechanism related to employee matters.

B8: Workforce General Characteristics

Total Employees by Gender

GenderHeadcount
Male447
Female245
Total692

Employee Turnover

55

Employees who left during reporting period

8%

Employee turnover rate

Employees by Country

CountryHeadcount
Belgium (BE)387
Poland (PL)92
Germany (DE)80
Spain (ES)46
France (FR)42
India (IN)28
Other countries17

Employees by Gender, Contract Type, and Employment Type

GenderContract TypeEmployment TypeNumber
MalePermanentFull time437
MalePermanentPart time10
FemalePermanentFull time222
FemalePermanentPart time23

Methodology

Data related to Reynders label printing's own workforce (including headcount, employment type, gender distribution, training hours, and health & safety indicators) were collected at the level of each subsidiary within the Reynders label printing and subsequently consolidated at the Group level for reporting purposes. Each production site maintains its own HR records and payroll systems, which serve as the primary data source. The consolidation process was coordinated by the Group HR and Sustainability departments, ensuring consistency across countries and business units.

C5: Temporary and Agency Workers

Reynders label printing has people in its workforce who are not employees. These are primarily agency workers at Reynders Etiketten Deutschland.

7

Total non-employees in own workforce

0

Self-employed people

7

Agency employees

Methodology

Non-employee workers are reported in headcount and tracked through the time recording system (ATOSS) at Reynders Etiketten Deutschland. The number of agency workers is not included in the total employee count but is tracked separately.

B10: Collective Bargaining Coverage

477

Employees covered by collective bargaining agreements

69%

Percentage of total employees covered

C5: Management Gender Diversity

Gender Representation in Top Management

GenderNumberPercentage
Male2292%
Female28%

Top management is defined as one and two levels below the administrative and supervisory bodies.

Distribution by Age Group

Age GroupNumberPercentage
Under 30 years11216%
30-50 years34049%
Over 50 years24035%

B10: Remuneration and Adequate Wages

Confirmation of Adequate Wages

All employees across all Reynders entities are paid adequate wages, in line with applicable benchmarks:

Reynders Etiquettes France
Reynders Etiketten Deutschland
Reynders Etiquettes Cosmétiques
Reynco B.V.
Reynders Etiketten
Reynders Pharmaceutical Labels
Reynders Etiketten Polska
Reynders label printing India
Reynders Spain

B10: Training and Skills Development

Performance and Career Development Reviews by Gender

GenderNumber ParticipatedPercentage
Male22751%
Female9840%

Average Training Hours by Gender

GenderTotal Training HoursAverage per Employee
Male9,106.2520
Female3,445.0014

B9: Workforce Health and Safety

Fatalities

Type of WorkersResult of FatalitiesNumber
Employee workersFatalities as a result of work-related injuries0
Employee workersFatalities as a result of work-related ill health0
32

Number of recordable work-related accidents

36,11%

Rate of recordable work-related accidents

2

Cases of recordable work-related ill health

2 183

Total number of lost workdays due to work-related injuries, illnesses, and fatalities

B10: Gender Pay Gap

Gender Pay Gap

7,26%

Difference of average pay levels between female and male employees

Note: First time gathering this data. Next year, we will examine the numbers in detail as we do not yet account for parity differences across countries.

Remuneration ratio between the highest paid employee and the median

3,04

Ratio between remuneration of highest paid employee and the median

C7: Human Rights Incidents and Complaints

0

Number of incidents of discrimination

0

Total complaints made through workforce channels

0

Complaints filed to National Contact Points for OECD

Serious Human Rights Incidents

There have been no cases of serious human rights incidents (e.g., forced labour, trafficking or child labour) involving own staff during the reporting period.

CSR and Community Engagement

Reynders label printing integrates social responsibility into its operations through long-term community, cultural, and educational initiatives across its global sites.

Community projects and charitable support

  • Educational support in India – Project "Bhagiya": Reynders label printing finances the rent and operation of two basement schools in Rajasthan, covering the salaries of four full-time teachers. These schools provide education for underprivileged children who would otherwise follow their parents to work.
  • Cultural regeneration in Belgium – "Boechout Forwards": The company co-developed a cultural and social meeting center on the site of the former "California" soup factory, in partnership with the Municipality of Boechout and local private actors. The center now hosts community events, theater, and educational activities.
  • Recreation and biodiversity – "Play and Recreation Forest": Since 2009, Reynders label printing has maintained a 4.1-hectare forest in Boechout, which is open to youth organizations and local associations. More than 5,000 trees and 2,900 shrubs have been planted. The site includes the restored 17th-century Courtois Chapel and hosts the annual "Nature Run" and family events for employees.
  • Inclusive procurement: Reynders label printing deliberately selects local suppliers that employ or integrate people with disabilities, psychiatric patients, or refugees.
  • Daycare center for employees: Since 2005, part of the Boechout logistics building hosts the daycare "De Kleine Prins", which provides preschool care for twelve children of Reynders label printing employees.

Educational and training initiatives

  • Reynders label printing cooperates with the Belgian Packaging Institute (BVI), providing expertise for professional training courses in packaging and labeling.
  • Through industry associations such as FINAT, UNFEA, and ECPA, Reynders label printing participates in workshops and training programs related to lean management, waste reduction, and sustainability.
  • From 2024, Reynders label printing guarantees at least five training days per employee annually, emphasizing on-the-job learning and safety education.

Environmental and volunteering-related actions

  • Employees and local residents participate in the maintenance of the Play Forest and biodiversity initiatives (e.g., insect hotel and local reforestation).
  • The company regularly sponsors and organizes community sport and nature events to raise awareness about sustainability and conservation.
GGOVERNANCE

We Follow Ethical Principles

In our daily work, we follow ethical and moral principles, and we expect all our employees and collaborators to adhere to them as well.

B11: Business Conduct and Governance

Corporate culture, ethics, anti-corruption, and management accountability

Business Conduct Policies

Key contents of policy

The Code of Conduct includes commitments to:

  • Conducting all business operations with honesty, transparency, and fairness.
  • Prohibiting bribery, corruption, and conflicts of interest.
  • Ensuring equal opportunity, non-discrimination, and respectful workplace behaviour (details already covered under S1-1).
  • Upholding data confidentiality, intellectual property rights, and responsible communication with customers and partners.
  • Promoting safety, quality, and environmental stewardship as part of daily business ethics.

Anti-corruption and anti-bribery policies

Reynders label printing has policies on anti-corruption or anti-bribery consistent with the United Nations Convention against Corruption.

Training on business conduct

Training on business ethics and Code of Conduct awareness is included in onboarding programs and periodic internal briefings. It targets all employees, particularly management and those in roles involving supplier relations, procurement, and customer communication. Frequency and scope vary by site but are aligned with ISO and ETI audit requirements.

Functions most at risk

Functions identified as most exposed to corruption or bribery risks include:

  • Procurement and supplier relations, due to supplier selection and negotiation processes.
  • Sales and business development, especially in international contexts involving contract bidding.
  • Finance and administration, responsible for approving payments and monitoring compliance.

All these functions are governed by anti-bribery clauses in the Code of Conduct and reinforced through ETI Base Code adherence.

B11: Convictions and Fines for Corruption and Bribery

0

Total number of convictions for corruption and bribery

0

Total amount of fines incurred (EUR)

Reynders label printing has not incurred any convictions or fines for violation of anti-corruption and anti-bribery laws during the reporting period. The company maintains strict compliance with all applicable anti-corruption legislation.

C8: Revenues from Certain Sectors

Reynders label printing does not operate in the fossil fuel sector (coal, oil and gas), chemical production, or cultivation and production of tobacco. The company's business activities are focused exclusively on label and shrink sleeve printing for the food, beverage, cosmetics, and pharmaceutical industries.

0%

Revenue from controversial weapons

0%

Revenue from cultivation and production of tobacco

Conclusion

Thank you for reading our first consolidated sustainability report.

This report presents a transparent view of our ESG activities and our commitments to all stakeholders. We are aware that the path to sustainability is a long-term process that requires constant effort and improvement.

We believe that our steps in environmental responsibility, social responsibility, and proper corporate governance contribute not only to our business success, but also to a better future for everyone.

Together we create a sustainable future.

Reynders label printing

Sustainability Report 2024

Contact:

www.reynders.com

E|S|GSustainability & Responsibility

VSME Data Point Index

This index provides a comprehensive mapping of all Voluntary SME Sustainability Reporting Standards (VSME) datapoints disclosed in this report.

VSME Standard Compliance

This report follows the Voluntary SME Sustainability Reporting Standard (VSME). The data points below use exact VSME codes from the Basic Module (B1-B11) and Comprehensive Module (C1-C9).

VSME CodeData PointDescriptionSection
B1reportingPeriodStartsReporting period start dateB1
B1reportingPeriodEndsReporting period end dateB1
B1b1-24-aBasic or comprehensive module disclosureB1
B1b1-24-bOmitted disclosures due to sensitivityB1
B1b1-24-cConsolidated or individual sustainability reportB1
B1b1-24-dList of subsidiaries with addressesB1
B1b1-24-eBasic information about the companyB1
B1b1-24-e-iiiSize of the balance sheet (in Euro)B1
B1b1-24-e-ivTurnover (in Euro)B1
B1b1-24-e-viCountry of primary operationsB1
B1b1-24-e-viiGeographical location of branches, sites or facilitiesB1
B1b1-25Sustainability-related certifications or labelsB1
C1c1-47-aSignificant groups of products and/or services offeredC1
C1c1-47-bSignificant markets the undertaking operates inC1
C1c1-47-cMain business relationshipsC1
C1c1-47-d-1Strategy elements relating to sustainability issuesC1
C1c1-47-dElements of the strategy affecting sustainability issuesC1
B2b2-26-a-b-cPractices, policies and/or initiatives for sustainable economyB2
B2b2-26-bPublicly available policies for transitionB2
B2b2-26-dTarget related to policy for sustainable transitionB2
B2b2-26-1Sustainability issues addressed through practices/policiesB2
B2c2-48-49Practices, policies or initiatives for each sustainability issueB2
B3b3-29Total energy consumptionB3
B3b3-30-aGross GHG Emissions Scope 1 (tCO2e)B3
B3b3-30-bGross GHG Emissions Scope 2 - location based (tCO2e)B3
B3b3-109Gross GHG Emissions Scope 2 - market based (tCO2e)B3
B3b3-50Gross GHG Emissions Scope 3 (tCO2e)B3
B3b3-51Gross Scope 3 by categories (GHG Protocol)B3
B3b3-31-aEmission intensity - Scope 1B3
B3b3-31-bEmission intensity - Scope 2 (location-based)B3
B3b3-31-b-iEmission intensity - Scope 2 (market-based)B3
C3c3-55Plan to reduce impact of climate changeC3
C3c3-56Operates in high climate impact sectorC3
C3c3-54Targets for reducing greenhouse gas emissionsC3
C3c3-54-eMain actions to achieve emissions reduction targetsC3
C3c3-55-1Description of climate change reduction planC3
C4c4-57Identified climate-related hazards and transition eventsC4
C4c4-57-aDescription of climate-related hazards and transition eventsC4
C4c4-57-bAssessment of exposure and sensitivity to climate hazardsC4
C4c4-57-cTime horizons of climate-related hazardsC4
C4c4-57-dClimate change adaptation measures takenC4
C4c4-58Potential adverse effects of climate-related risksC4
B4b4-32-1Required to report emissions of pollutantsB4
B4b4-32-2Emissions information publicly availableB4
B4b4-32-3URL where emissions information is publicly availableB4
B4b4-32-4Types and quantities of emissions of pollutantsB4
B5b5-33-1Sites in or near biodiversity sensitive areasB5
B5b5-33-2Areas with endangered biodiversityB5
B5b5-34Information on land useB5
B6b6-35Amount of water withdrawn by locationB6
B6b6-36Significant water consumption in production processesB6
B6b6-36-1Amount of water consumed by locationB6
B7b7-37Application of circular economy principlesB7
B7b7-37-1Description of circular economy principles applicationB7
B7b7-38-cOperates in sector using significant material flowsB7
B7b7-38-c-1Annual material flows of relevant materials usedB7
B7b7-38-a-bGenerated waste by type and treatment methodB7
B8b8-39-aNumber of employees by contract typeB8
B8b8-39-bNumber of employees by country and genderB8
B8b8-40Employs more than 50 employeesB8
B8b8-183Number of employees who ended employmentB8
B8b8-40-1Employee turnoverB8
C5c5-59-1Number of women in top managementC5
C5c5-59-2Number of men in top managementC5
C5c5-59Management's gender diversity ratioC5
C5c5-60-1Total number of self-employed personsC5
C5c5-60Total number of temporary workers (agency workers)C5
B9b9-41-aTotal number of recordable work-related accidentsB9
B9b9-185Number of hours worked by own workforceB9
B9b9-41-a-1Rate of recordable work-related accidentsB9
B9b9-41-bNumber of fatalities due to work-related issuesB9
B10b10-42-aEmployees receive adequate minimum wageB10
B10b10-195Average gross hourly pay level of male employeesB10
B10b10-195-1Average gross hourly pay level of female employeesB10
B10b10-42-bGender pay gapB10
B10b10-42-cPercentage of employees covered by collective bargainingB10
B10b10-42-dAverage number of training hours per employee by genderB10
C6c6-61-aCode of conduct or human rights policy for own workforceC6
C6c6-61-b-iPolicy covers child labourC6
C6c6-61-b-iiPolicy covers forced labourC6
C6c6-61-b-iiiPolicy covers human traffickingC6
C6c6-61-b-ivPolicy covers discriminationC6
C6c6-61-b-vPolicy covers accident preventionC6
C6c6-61-cComplaints-handling mechanism for own workforceC6
C7c7-62-a-iConfirmed incidents of child labourC7
C7c7-62-a-iiConfirmed incidents of forced labourC7
C7c7-62-a-iiiConfirmed incidents of human traffickingC7
C7c7-62-a-ivConfirmed incidents of discriminationC7
C7c7-62-bActions taken to address incidentsC7
C7c7-62-cIncidents involving value chain workersC7
B11b11-43Incurred convictions and fines in reporting periodB11
B11b11-43-1Total number of convictions for corruption and briberyB11
B11b11-43-2Total amount of fines incurredB11
C8c8-63-cBusiness operates in fossil fuel sectorC8
C8c8-63-dBusiness is active in chemicals productionC8
C8c8-63-aRevenue from controversial weaponsC8
C8c8-63-bRevenue from cultivation and production of tobaccoC8
C9c9-242Governance body in placeC9
C9c9-243Number of women in the governance bodyC9
C9c9-243-1Number of men in the governance bodyC9
C9c9-65-1Gender diversity ratio in the governance bodyC9