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European Climate Pact

Overview

Location

Portugal

Sector

Paper & forestry

Organisation type
Business

Company Information

Altri SGPS is a listed Portuguese industrial conglomerate mainly operating in pulp production, forest management and renewable energy. It is headquartered in Porto, Portugal. In 2021, it reported 774 employees and total revenues for 793 million Euro.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Forests

Our actions – the Pathway

  • Publicly commit to reduce or remove deforestation and/or forest degradation from its direct operations and/or supply chain in line with the New York Declaration on Forests 
  • Altri SGPS SA has a target to increase sustainable production and/or consumption of Timber products to 100% by 2030 starting in 2021 
  • Altri SGPS SA has a target to increase sustainable production and/or consumption of Timber products to 80% by 2030 starting in 2018
  • Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
  • Trace at least 90% of production/consumption back to at least Municipality-level or equivalent
  • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
  • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a no-deforestation policy that checks the following criteria: general or commodity-specific, publicly available, and company-wide
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Forests 2022

 

Water

Our actions – the Pathway

  • Have an internal price on water 
  • Publicly disclose data on water-related impact to investors through a public platform
  • Integrate water-related issues into the company's financial planning
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

  • Altri SGPS SA have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022