STEICO SE.
ST5.XETRA | Manufacture of veneer sheets and wood-based panels
STEICO SE is a Germany-based company that manufactures and distributes ecological construction products made of wood fibers and wood. The company's product range includes wood fiber insulation boards, wood fiber insulation mats, laminated veneer lumber, and wood fiberboards. These products are used ...Show More
Better Health for All
-20
STEICO's core products, wood fiber insulation materials, are described as contributing to healthy indoor climates by buffering temperature and humidity, preventing mold, and protecting against cold, heat, and noise.
1
They are free from harmful chemicals and additives, with formaldehyde and carcinogenic substance emissions below detection limits, as confirmed by expert reports.
2
The company publishes an annual sustainability report since 2018, which includes an end-to-end review of risks.
3
STEICO acknowledges possible emissions of noise, dust, and traffic from production, and unpleasant smells from wood use in surrounding communities.
4
The company states it is actively involved in equal opportunities for all people and recorded no discrimination cases in 2021 or 2022.
5
STEICO offers various employee health benefits at its sites, such as fruit, sport, and vaccinations, and has implemented a “Vision Zero” program to improve health and safety at work.
6
The company offers training sessions and practical instruction on product installation and use.
7
Customer data is protected in accordance with industrial standards, with no theft or dangerous IT attacks reported in 2021 or 2022.
8
Each of STEICO’s locations implemented individualized hygiene concepts during the COVID-19 pandemic, based on WHO and RKI recommendations, to maintain productivity.
9
Studies confirm the positive influence of wood indoors on physical and mental health.
10
Fair Money & Economic Opportunity
0
STEICO SE is a manufacturer and distributor of ecological construction products, not a financial institution.
1
The provided articles do not contain any evidence related to financial services, lending, or banking activities. Therefore, none of the KPIs under the 'Fair Money & Economic Opportunity' value are applicable or can be scored based on the available information, as the company does not offer lending or deposit services to consumers, nor does it generate or manage customer finance data.
2
Fair Pay & Worker Respect
20
In 2022, 84% of the STEICO Group’s employees were covered by collective agreements.
1
The total employee fluctuation rate for the entire STEICO Group was 10% in 2022.
2
In 2022, no notable violations of regulations, laws, or directives were registered, and there were no incidents of discrimination or signs of forced or compulsory labor.
3
However, the company did not report zero fines or violations in the past two years, only in the past year (2022). As of 2022, 337 out of 2033 total employees were on temporary contracts, representing approximately 16.6% of the workforce.
4
Fair Trade & Ethical Sourcing
-20
In 2022, 95% of the company's raw materials were sustainable
1
, and all products are 100% PEFC certified or comprise certified recycled material.
2
The company states a zero-tolerance approach to slavery and human trafficking
3
and reported no incidents of child labor in 2021.
4
However, in both 2021
5
and 2022,
6
no contracts were concluded that included clauses regarding respecting human rights. Additionally, less than 1% of the procurement budget was directed to local community suppliers in 2021. There is no specific data on the average frequency of on-site audits for tier-1 suppliers, nor is there a specific percentage for traceability coverage beyond the general statement that FSC and PEFC certifications allow timber origin verification.
Honest & Fair Business
0
No evidence available to assess STEICO SE on Honest & Fair Business.
Kind to Animals
0
No evidence available to assess STEICO SE on Kind to Animals.
No War, No Weapons
0
No evidence available to assess STEICO SE on No War, No Weapons.
Planet-Friendly Business
-20
STEICO's total Scope 1, 2, and 3 greenhouse gas emissions in 2022 were 284,656 tCO₂e, representing a 24% reduction from 2021.
1
The company has not explicitly stated or validated science-based carbon reduction targets, though it is preparing to set ambitious targets.
2
In 2022, 66% of operational energy was sourced from renewables, primarily biomass and wood pellets.
3
The waste diversion rate in 2022 was 78%.
4
In 2022, 97.9% of capital expenditure was aligned with the EU Sustainable Taxonomy.
5
STEICO engages in biodiversity efforts, including the re-naturalization of 53 hectares in Czarna Woda.
6
The company uses only PEFC certified timber, indicating a policy to process timber from sustainable forestry.
7
STEICO reported zero environmental compliance violations in both 2021 and 2022.
8
Respect for Cultures & Communities
20
STEICO SE allocated 50% of its procurement spending for goods and services to local suppliers in the Wielkopolska and Pomeranian Voivodships in 2022.
1
Additionally, in 2019, the company procured wood locally within a radius of up to approximately 150 km of its production plants in Poland and France.
2
Safe & Smart Tech
-50
STEICO SE experienced a cyber-attack on March 1, 2023, which impacted administrative systems and resulted in the theft of some customer data.
1
In response, the company replaced its IT infrastructure, enhanced security training, and implemented a new IT security concept.
2
The company states it does not use automatic decision-making or profiling.
3
STEICO SE holds ISO 9001:2015 (Quality Management) and ISO 14001:2015 (Environmental Management) certifications, along with FSC®, PEFC, and IBR certifications.
4
The company states it complies with GDPR and country-specific data protection regulations.
5
It has implemented numerous technical and organizational measures to ensure data protection on its website.
6
Data linked to cookies, user-identifiers, or advertising-identifiers are automatically deleted after 14 months, and application documents are erased two months after a refusal decision.
7
The company analyzes anonymously collected data to enhance data protection and security.
8
Employees are encouraged to report personal information loss and are subject to confidentiality duties regarding company information.
9
Users have rights to confirmation, access, rectification, erasure, restriction of processing, data portability, objection, and withdrawal of consent, as granted by the European legislator.
10
The company's website uses Google Analytics with IP addresses shortened to rule out direct personal relationships.
11
Zero Waste & Sustainable Products
-40
STEICO recycled 75% of its total waste in 2022.
1
In the same year, 86% of its packaging material was sustainable.
2
The company's products contain around 0.6% recycled paper for STEICOfloc cavity insulation.
3
In 2022, 0.5% of the company's waste was hazardous, totaling 107 tons, which was disposed of by specialist companies.
4
STEICO reported no violations of environmental protection laws and regulations in 2022.
5
The company's products are designed to store CO2 for 60 to 100 years, aligning with the service life of buildings.
6
Waste disposal requirements are reviewed at regular intervals by government controllers.
7
For LVL production, STEICO requires 2.6 m³ of round wood to produce 1.0 m³ of LVL.
8
The company has set a target to reduce CO2 intensity for energy consumed by 24% by the end of 2026, compared to 2021 levels.
9
STEICO evaluates suppliers based on their implementation of a verifiable environmental management system.
10
The STEICO Academy offers training sessions to customers on the correct use of its products.
11