Month: July 2024

Covia’s Task Force on Climate-Related Financial Disclosures (TCFD) scenario analysis represents a thorough examination of potential future states, exploring the financial implications of various climate-related risks and opportunities on our operations, value chain, and strategic planning. By aligning the analysis with TCFD’s recommendations, Covia is better able to understand and respond to climate-related risks and opportunities.

Key highlights of the TCFD scenario analysis include:

In-Depth Risk Assessment: Covia conducted a detailed evaluation of physical and transitional risks across multiple climate scenarios, ranging from 1.5°C to 4.7°C warming scenarios.Strategic Adaptation: The findings from the scenario analysis will be instrumental in how Covia shapes operations, supply chain management, and product development to support the move toward a low-carbon economy.Enhanced Disclosure: By embracing the TCFD framework, Covia has strengthened its commitment to transparent reporting and providing stakeholders with detailed insights into the approach to addressing climate-related risks and opportunities.Innovation and Resilience: The comprehensive approach to TCFD scenario analysis equips Covia to effectively integrate climate considerations into the strategic planning, in line with the commitments to resilience and innovation.

Earlier this year Covia released its 2023 ESG Report. Covia has also published Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) disclosure reports. For more information, see Covia’s Climate Risk and Opportunities Report (2023 TCFD Report).

Originally published on Essity.com

Improving Well-being of People and Societies

Hygiene and health are essential in improving well-being and are important enablers of a healthy and dignified life. It is a simple fact, but one full of complex challenges, taboos, and stigmas. Our commitment goes beyond our customers and consumers, as we purposefully contribute to healthier and more inclusive societies.

Hygiene and Health

Break taboos around women’s health.Increase the visibility of professional and family carers.Promote knowledge of good hygiene and increase access.Increase awareness and training for infection prevention and control.

Highlights:

TENA’s LastLonelyMenopause campaign during 2022, welcoming women and society talking about menopause in a comfortable and generous way, won Gold Award at the British Arrows 2023.

Read more

Diversity, Equity and Inclusion (DEI)

Promote a diverse, equal and inclusive culture.Provide products and services for a more inclusive society.Break stigmas and bridge gender gaps.

Highlights:

Internal Courageous Conversations kicked off in 2023 with DEI focused discussions and learning sessions, complemented by podcasts featuring Essity employees.

Read more

Business Ethics and Human Rights

Zero tolerance of unethical business behaviorSignatory to UN Guiding Principles on Business and Human Rights and the UN Global CompactAll our business partners are expected to follow global supplier Standard and Business Partner Code of Conducts

Highlights:

As a signatory of the UN Global Compact, we continuously support human rights and run our daily business in a manner that is consistent with the Compact principles.

Read more

Occupational Health and Safety

Everyone working at our facilities or visiting Essity, should be safe and secure.The safety, health and well-being of our employees is crucial.Aligned with Essity Beliefs & Behaviors and our Code of Conduct.

Highlights:

In April 2022, the “I Care” initiative was launched, which is our cultural journey toward a safe and healthy work environment.

Read more

Product Safety and Transparency

We reach more than one billion people with Essity’s leading hygiene and health solutions.Promote product safety and transparency to enable confident and responsible choices.

Highlights:

Implementation of “Product Safety – For Us, it’s Personal” and “Our 5 Pillars of Protection” campaigns.

Read more

The name Essity stems from the words “essentials” and “necessities”. Hygiene and health are the essence of well-being. As a global, leading hygiene and health company, we offer products and services that are essential to people’s everyday lives. That is why we are called Essity.

Read more about Essity’s strategic priorities, earnings and leading sustainability work in the Annual and Sustainability Report 2023, which can be downloaded at www.essity.com.