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Environmental Dimension (ESG)

Environmental performance


GRI Renewable Industries is continuously tracking the environmental impacts of its activity, measuring performance, minimizing its impact, and identifying opportunities for improvement. Because of our activity, we are aligned with the fight against climate change and the definition of a strategy that will allow it to move towards an emission-free future.

In GRI Renewable Industries we operate in an efficient and responsible way and we show our interest in the preservation of the environment. Our work is done under the umbrella of an Integrated System and a Quality, Environment and Health and Safety Policy.

Nowadays, the 94% of the factories are certificated under the standard ISO14001:2015, except for GRI Castings Zestoa, which is expected to be certified during the second half of 2021.

To minimise the impact of potential environmental risks, GRI Renewable Industries make financial provisions and have guarantees to cover for the materialisation of environmental risks in our contracted insurance policies:
• Environmental Liability Insurance
• Liability Coverage for Sudden and Accidental Pollution in the General Liability Policy.

Water and discharges


In 2020, the total consumption amounted to 53,561 m3. 72% of the water consumed came from the water network 13% came from superficial water and the remaining 15% came from groundwater sources. A total of 3,518 m3 is also reused, distributed between India (70%) and Brazil (30%).

Biodiversity and reforestation


The protection and conservation of different ecosystems, both terrestrial and aquatic, must be a priority for everyone. Ensuring this legacy for future generations is a commitment that guides us and is directly related to SDG 15 “Life of terrestrial ecosystems”.

As a result of these plantations and according tothe type of species and its CO2 absorption and storage capacity, a total of 31 tonnes CO2/year have been compensated during 2020, considering a period of absorption capacity of 40 years, the accumulated with this plantation is estimated at a total of 1,243 tonnes CO2/40 years.

As a result of these plantings and based on the species that were planted, a total of 10,305 trees were planted, with a total of 114 tons of CO2 per year.

Circular Economy


Our activity is the manufacture of components for the wind industry, mainly towers and flanges that contribute to the generation of renewable energy.

The towers, once completed, are mainly made of steel, in addition to electrical and electronic equipment and packaging (very little relevant in this case). The average distribution of materials is approximately: 96-98%: Black Steel and 2-4%: Internals.

Steel, the main component of all GRI Renewable Industries processes, contributes to global socio-economic growth, to the development of more sustainable production models and thus to the Circular Economy.

Circular Economy: raw materials management


In 2020, a total of 635,413 tonnes of steel were consumed in all GRI Renewable Industries factories. We can estimate that 73% of all our steel is of recycled origin, which amounts to 461,185 tons.

In addition to steel, other raw materials are consumed, and initiatives are being developed to minimise their impact.

Circular Economy: waste management and minimisation


The Circular Economy involves reducing waste to a minimum and keeping the materials and components of a product within the economy when it reaches the end of its useful life, whenever possible. Thus, they have an added value by being productively used over and over again.

• Non-hazardous waste: amounts to 155,891 tons, of which 97% consists of steel scrap, with a total of 151,355 tons.
• Hazardous waste: amounts to 1,027 tons, of which 97% consists of steel scrap and 9.4m3 of oil.

Energy


Energy consumption within the company is high due to the industrial processes, and for this reason measures to improve energy efficiency are being incorporated, as well as measures to reduce the environmental impact and the carbon footprint.

The company is aligned with the Sustainable Development Goals (SDGs), mainly with those directly related to climate, such as SDG 13 “climate action” and SDG 7 “affordable and clean energy”.

In 2020, 2,042,663 Gj of energy were consumed.

Emissions


In 2020, 173,641 tonnes of CO2 were emitted. 45% corresponfing to Scope 1 and 55% to Scope 2.

Carbon Neutral Plan


For GRI Renewable Industries, being a carbon neutral company implies being part of an important commitment in the fight against climate change, assuming a series of actions that promote and contribute to mitigate its impact. For this reason, we defined and approved the “2030/50 Carbon Neutral Plan” and incorporated it into the company’s decision-making, business strategy.

Goals 2030
• Scope 1: Reduce CO2 emissions from fossil fuels by 50%.
• Scope 2: Use 100% renewable electricity in our own operations by 2030.
• Scope 3: Commit to have information and data available in all applicable categories.
• Supply Chain: set targets for the reduction of indirect CO2 emissions from suppliers.
• Product: Reporting on the impact of GRI designed towers.
• Certify reductions achieved (own and in the supply chain) according to Science Based Targets – SBTi.
• Communicate results according to the Carbon Disclosure Project – CdP.

Goals 2050
To be carbon neutral in Scope 1&2&3.

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