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European Climate Pact

Overview

Location

Spain

Sector

Paper & forestry

Organisation type
Business

Company Information

The Cikautxo Group specialises in the development and production of rubber and plastic components for a variety of different applications. It is headquartered in Berriatua, Spain. In 2021, the company reported 215 million Euro in sales and 30,000 employees.

 

GHG Emissions

Our actions – the Pathway

  • CIKAUTXO GROUP has a target to reduce absolute scopes 1 and 2 CO2e emissions 25% by 2030 from a base year of 2021
  • CIKAUTXO GROUP has a target to reduce absolute scope 3 CO2e emissions 25% by 2030 from a base year of 2021
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy consumption
  • Have scope 1+2 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (10/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (10/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • CIKAUTXO GROUP has a supplier engagement target to get 100.0% of its suppliers by procurement spend to set a science-based emission reduction target

Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (10/07/2022)

Data source: CDP Climate Change 2022

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (10/07/2022)

Data source: CDP Climate Change 2022