Environmental, social and governance areas in Bladt Industries
In 2021, Bladt Industries decided on a new strategic direction for the company to focus solely on the growing offshore wind market and thereby become a pureplay renewable energy company delivering the foundation for the green energy transition offshore.
ESG and sustainability is a part of the foundation for Bladt Industries’ future development
As part of this major turnaround, a renewed focus is being put on ESG and sustainability as a foundation for Bladt Industries’ future development.
Our initial step down this road is a full stakeholder and materiality analysis of the UN Sustainability goals, the coming requirements in the EU Taxonomy requirements and the EU Corporate Sustainability Reporting Directive (CSRD), the Paris agreement, supply chain initiatives and last, but not least, we are seeking to set up long-term strategic sustainability dialogues with our main customers.
Bladt Industries works diligently on complying with all applicable environmental regulations and laws, which govern our activities. To show consideration for the next generation, we support initiatives towards a cleaner and more environmentally friendly production process to secure a minimisation of negative consequences for the environment.
In 2021 our main environmental focus was the ISO 14001 certification of our environmental management system, so we now carry a full ISO certification of our quality, health, safety and environmental management system.
Bladt Industries’ main environmental and climate impact is related to the manufacturing of steel and other main components that we procure for the manufacturing of our products. As an example, more than 90% of our total greenhouse gas emissions is linked to the manufacturing of the steel we buy. Secondly, we consider the use of energy for transportation and manufacturing processes as well as handling of waste as main internal environmental challenges, which we aim to address.
In our work to mitigate our environmental impacts, we work with reducing the environmental impact from our supply chain and our products, by working closely with our customers and suppliers to ensure the lowest possible environmental impact.
Onsite energy efficiency will continue to be a primary focus, after completing a full energy efficiency screening and introducing energy efficiency initiatives in 2021. Alongside our energy efficiency measures, we are continuously increasing the amount of recycling in our daily handling of by-products from our production and ensuring a minimum of landfilling.
Social and governance
Board of Directors and Diversity in management
It is the objective of Bladt Industries to promote diversity, including obtaining a reasonable representation of women in the Board of Directors, to strengthen the breadth of the Bladt Industries’ perspectives and competences and to further improve decision processes. It is also the objective of the Board of Directors to ensure that its members supplement each other in the best possible way regarding e.g., competences, age, background, gender, and nationality as relevant to the needs of Bladt Industries.
The 2022 objectives are:
- To ensure and maintain a representation of women in the Board of Directors corresponding to min. 25-30% of the board members elected at the Annual General Meeting.
- To ensure that the employees view the company as having a modus operandi and culture in which individual employees have equal career opportunities regardless of gender, nationality, race, religious beliefs, etc.
Code of conduct
Due to our long-term engagement with a complicated supply chain and activities across the world, we have already developed a comprehensive code of conduct for supply chain that covers our Environmental, Social and Governance obligations toward the society. When auditing suppliers, compliance with our code of conduct is scrutinized and deviations followed up upon.
Likewise, our internal code of conduct is setting up strict rules and guidance for correct behavior as Bladt Industries employees across all levels and positions.
Following the above-mentioned materiality analysis, we are in the process of reviewing and updating all our external and internal policies on social and governance matters, hereunder workers’ rights, equal opportunities, harassment, bribes and incentives etc.