Environmental responsibility

The Capital Group is guided by the principles of sustainable development and respect for the environment. Priorities in this respect are defined in the Environmental Policy, the Climate Policy and the Code of Ethics of the Capital Group KĘTY S.A. The methods and tools of implementation, along with the assignment of responsibilities, are defined by formal procedures and instructions implemented as part of the management system compliant with the guidelines of the ISO 14001 international standard. These documents parameterize the environmental goals set out in the 2021-2025 Strategy. The companies have declared their responsibility for the impact of their activities on climate change and committed to minimising it by reducing greenhouse gas emissions, increasing energy efficiency, recycling enhancement and efficient waste management.

Preparing of the environmental section of this Statement was preceded by an analysis of major issues, as part of the management review of the environmental management system. Assessed were the threats and opportunities related to climate change, greenhouse gas emissions, aluminium scrap recovery and circular economy, as well as water and energy consumption and wastewater discharge. There have been analysed changes to the indicators reported in the previous years, with particular focus on the measures of the goals set out in the current strategy of the Capital Group. On the basis of risk analysis, the individual aspects were prioritised in reference to the real environmental burden. In 2022, the list of reported issues had not changed or redefined significantly compared to the preceding year. We have focused on the issues related to climate change, extending considerably the disclosure scope for GHG emissions data. Changes in emissions between 2020 and 2022 are presented against a base year of 2016, which allows trend assessment. Scope 2 indirect greenhouse gas emissions are presented both with ‘location-based’ and ‘market-based’ methods. The scope of the report was extended to include the consequences of merger and acquisition activities carried out by the companies of the Capital Group of Grupa KĘTY S.A., including due diligence procedures. As in the previous years, indicators were presented for raw materials used, energy consumption, water consumption, emissions of other gases and dusts, wastewater discharge, waste produced, and environmental management issues.

The process of defining the reporting areas comprised the prioritisation of environmental aspects identified within the management system implemented at the Capital Group companies, which applies to all elements of activities with possible impact on the environment. The analysis of the importance to the stakeholders and of the environmental impact was the basis for priority assignment. Cascading of the identified aspects was carried out by a project team, in compliance with the adopted methodology.

Below presented is the final list of such issues. A decision was made to disclose aspects of high and medium level of significance