We recently had the pleasure of discussing sustainability strategies, climate action and governance with the CEO and Head of Sustainability of Etex.
You can view the webinar here: https://www.youtube.com/watch?v=nA1c3iGB_Kc
And the presentation can be found here:
Bernard Delvaux (Group CEO) and Sergio Sandoval (Group Head of Sustainability) discussed the company's sustainability journey and addressed the challenges and opportunities, including the impact of regulations, carbon pricing, and long-term objectives. The company's approach to integrating sustainability into decision-making and governance was highlighted, emphasizing the importance of transparency and regular discussions with the board.
Some key points covered in the webinar include:
Overview of Etex's business divisions, products, and global presence
Sustainability and Innovation Journey
Circularity and recycling content are key aspects of sustainability.
Communications, customer engagement, and innovation are crucial for sustainability efforts.
Integration of sustainability into daily business operations and addressing new challenges like water scarcity.
The industry faces challenges in balancing short-term competitiveness with long-term sustainability.
Efforts to reduce emissions and promote sustainability require engagement and education of suppliers.
Key tactics include adapting energy mix, investing in new technology, and managing water usage
Addressing global competition, regulations, and skill development for sustainability
Top management support for initiatives and additional knowledge
Workshops with sales teams important for implementing strategy
Long-term perspective on climate adaptation and risk management
Challenges and considerations for achieving sustainability goals
Internal carbon pricing is used to analyze investments and profitability.
Family-owned businesses may have an advantage in promoting sustainability and long-term perspective.
Transparency and risk management are integral to sustainability decisions
Sustainability should be ingrained into the business like financial concepts