Start - ESG Report 2023

Data verified and validated by Deloitte

Looking ahead

safety, showed a significant improvement compared to the previous survey conducted in 2021. Stahl also introduced a new safety reporting system (Sphera HSM) to make reporting more efficient and consistent.

Diversity equity and inclusion:
Stahl continued to strengthen its DEI culture and governance with the creation of local DEI committees for each of its entities around the world.

SOCIAL IMPACT

Read more about Stahl’s social impact in 2023 here:

Health and safety:
In 2023, Stahl continued to drive progress against our critical safety KPIs, matching the performance levels achieved in 2022.

A company-wide Organisational Cultural Diagnostic Instrument (OCDI) survey was conducted. The survey, which evaluates how Stahl employees approach

91.49%

of employees have undertaken anti-bribery and anti-corruption training

-49%

Reduction in total recordable injury frequency rate (TRIFR)

64.6%

of production volume from ISO 45001-certified sites

26.4%

of supervisory and management positions held by women

KEY RESULTS 2023

Michele Taraschi
Group DirectorHuman Resources
at Stahl

“In 2023, we made progress with our HR ambitions on many levels. We took important steps forward on diversity, equity and inclusion, as well as employee engagement. These efforts recognise the fact that our people are our most important assets – and the key to realising our purpose.”

ENVIRONMENTAL IMPACT

LCA and PCF data:
In 2023, complete life cycle assessment (LCA) and/or product carbon footprint (PCF) data was made available for 353 products – representing 47% of Stahl’s total sales revenue.

ZDHC Gateway certification:
As of January 2024, 2,161 products from Stahl’s leather and performance coatings portfolios are ZDHC Gateway MRSL 3.1 Level 3 certified.

Supply chain transparency:
Two of Stahl’s European manufacturing sites received ISCC certification, as part of our drive to better understand the provenance and chain of custody of the mass balance raw materials we use.

Read more about Stahl’s environmental stewardship and other energy-related activities here.

Science-based targets:
In May 2023, Stahl’s ambitious targets to reduce its scope 1,2 and 3 greenhouse gas emissions were formally validated and published by the Science Based Targets initiative (SBTi).

Renewable energy:
In 2023, renewables represented 49% of Stahl’s global energy consumption. Solar panels were installed in Singapore, bringing the total to four manufacturing sites with solar panels.

353

strategic products with life cycle assessment (LCA) or product carbon footprint (PCF) data

-22%

reduction in CO₂e intensity scopes 1
and 2 (versus 2022)

70%

of sales revenue from ZDHC Level 3-certified products

KEY RESULTS 2023

Laura Willemsen
Group Director Sustainability and Marketing

“In 2023, Stahl remained focused on improving our climate and energy performance and delivering against our 2030 environmental commitments. Meanwhile, we're working more closely than ever with our partners to make a positive impact across the wider coatings value chain, including suppliers, customers and brands.”

GOVERNANCE

SOCIAL IMPACT

ENVIRONMENTAL IMPACT

Sluisweg 10 | 5145 PE Waalwijk | Netherlands tel. +31 416 689 111
Contact us | stahl.com

We welcome your feedback and suggestions regarding this ESG report. Click here to share your input.

In 2023, Stahl continued to make steady progress on ESG performance. Below are highlights of some of the key ESG milestones achieved in 2023. Note: ICP Industrial Solutions Group (now Stahl Packaging Coatings), a speciality packaging coatings business, was acquired by Stahl in March 2023. The impact of this acquisition on our ESG performance KPIs is not part of the scope of this report, and will be included in Stahl’s 2024 reporting.

OUR 2023 ESG HIGHLIGHTS

STAHL IN 2023

Stahl’s vision for 2030

By the end of the decade, we expect to have achieved our ESG Roadmap to 2030 targets. By 2030, we expect to be a more diverse and inclusive company that offers safe and sustainable products. By collaborating with our partners we will have reduced our greenhouse gas emissions, as per the Paris Agreement guidelines, and reshaped our portfolio offering our customers safe, high-performance coating solutions with a much improved footprint. The wider chemical raw materials industry will have played its part in shaping a more responsible value chain too, either by scaling up existing lower-carbon alternatives or designing new ones.

This is how we envisage 2030: with Stahl as a positive force for change, working tirelessly with its partners to create a better industry.

"2023 was an important year for our ESG Roadmap targets for 2030. I’m pleased to report that we delivered on our interim milestones. We are also working on new interim goals, for 2026, that support our ambition to be an ESG leader in our space.

In April, we launched our new purpose: Touching lives, for a better world. I believe this sent a clear message about the kind of company we aspire to be and the impact we want to have on society."

Maarten Heijbroek
CEO at Stahl

2023 was an important year for Stahl and our people

WELCOME!

Stahl ESG Report 2023

TOUCHING LIVES, FOR A BETTER WORLD

€ 824

Million sales
revenue

of sales revenue from
ZDHC-certified products

EcoVadis Platinum
medal

70%

26.4%

women in management positions

manufacturing sites
(3 ICP ISG sites)

employees
(excl. ICP ISG)

1,802

Stahl at a glance

EcoVadis sustainability rating 2023.

ECOVADIS

For the 2023 EcoVadis assessment, Stahl’s rating increased by three points compared to its 2022 score

We like to hear from you. Please don’t hesitate to reach out to us.

GET in TOUCH

For more background information,
read here.

We like to hear from you. Please don’t hesitate to reach out to us.

GET in TOUCH

For more background information,
read here.

Sluisweg 10 | 5145 PE Waalwijk | Netherlands tel. +31 416 689 111
Contact us | stahl.com

We welcome your feedback and suggestions regarding this ESG report. Click here to share your input.

SOCIAL IMPACT

Read more about Stahl’s social impact in 2023 here:

Health and safety:
In 2023, Stahl continued to drive progress against our critical safety KPIs, matching the performance levels achieved in 2022.

A company-wide Organisational Cultural Diagnostic Instrument (OCDI) survey was conducted. The survey, which evaluates how Stahl employees approach safety, showed a significant improvement compared to the previous survey conducted in 2021. Stahl also introduced a new safety reporting system (Sphera HSM) to make reporting more efficient and consistent.

Diversity equity and inclusion:
Stahl continued to strengthen its DEI culture and governance with the creation of local DEI committees for each of its entities around the world.

91.49%

of employees have undertaken anti-bribery and anti-corruption training

-49%

Reduction in total recordable injury frequency rate (TRIFR)

64.6%

of production volume from ISO 45001-certified sites

26.4%

of supervisory and management positions held by women

KEY RESULTS 2023

Close pop-up

Michele Taraschi
Group DirectorHuman Resources at Stahl

Michael Costello
Group ESG Director at Stahl

“In 2023, Stahl took important steps to strengthen its ESG governance. A new Group Director Sustainability and Marketing position was created in the leadership team (occupied by Laura Willemsen), and a new Corporate Sustainability Reporting Directive (CSRD) Reporting Manager position was created to ensure Stahl retains its ESG leadership position on reporting.

Stahl has a dedicated ESG team focused on ensuring the company maintains its ESG leadership. EcoVadis ratings, climate change, GHG emissions, the collection and reporting of environmental data, alignment with ZDHC Gateway, life cycle and carbon footprint data for our raw materials and product portfolios, and the origin and chain of custody of key raw materials are among the strategic projects the team is working on.”

New CSRD Reporting Manager:
Stahl created a new full-time management position to oversee Stahl’s sustainability reporting in line with the Corporate Sustainability Reporting Directive (CSRD)

GOVERNANCE

Close pop-up

Read more about Stahl’s ESG governance approach in 2023 here.

EcoVadis:
Stahl achieved an EcoVadis Platinum rating in 2023 – maintaining its position among the top 1% of companies evaluated. Stahl also achieved EcoVadis Platinum in 2022.

Close pop-up

Read more about Stahl’s environmental stewardship and other energy-related activities here.

353

strategic products with life cycle assessment (LCA) or product carbon footprint (PCF) data

-22%

reduction in CO₂e intensity scopes 1
and 2 (versus 2022)

70%

of sales revenue from ZDHC Level 3-certified products

KEY RESULTS 2023

ENVIRONMENTAL IMPACT

Laura Willemsen
Group Director Sustainability and Marketing

GOVERNANCE

SOCIAL IMPACT

Looking ahead

Stahl’s vision for 2030

ENVIRONMENTAL IMPACT

OUR 2023 ESG HIGHLIGHTS

ECOVADIS

For the 2023 EcoVadis assessment, Stahl’s rating increased by three points compared to its 2022 score

EcoVadis sustainability rating 2023.

€824

Million sales
revenue

of sales revenue from ZDHC-certified products

EcoVadis Platinum
medal

26.4%

70%

manufacturing sites (3 ICP ISG sites)

1,802

women in management positions

employees
(excl. ICP)

Stahl at a glance

STAHL IN 2023

In April, we launched our new purpose: Touching lives, for a better world. I believe this sent a clear message about the kind of company we aspire to be and the impact we want to have on society."

Maarten Heijbroek
CEO at Stahl

TOUCHING LIVES, FOR A BETTER WORLD

Stahl ESG Report 2023

2023 was an important year for Stahl and our people

WELCOME!

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