Minimizing the environmental impact
Canatu's new environmental strategy
Sustainability is the single most important megatrend that is reshaping our industry and everyday life. Customers are increasingly opting for more sustainable choices, which is increasing our ambition level too.
We have set an extremely ambitious target for our own production to be carbon-neutral by 2035. This is in line with Finland’s national targets to reduce its greenhouse gas emissions by a minimum of 55% from 1990 levels by 2030, and to reach net zero emissions by 2035.
We have defined a clear environmental strategy and roadmap that will guide our way forward. To become more sustainable, we have taken a holistic approach across our entire value chain and identified key areas through which we can enhance our sustainability and create added value to our customers.
Canatu has received ISO 14001:2015 certification for compliance with the Environmental Management System standard, and a Silver medal from EcoVadis sustainability rating, which demonstrate our commitment to continuous improvement and sustainable business performance.
At the core of our environmental strategy are the following areas with the highest impact, and potential to lower the carbon footprint.
Switching to renewable energy
Electricity consumption has by far the biggest environmental impact representing approximately 61% of our annual CO2 equivalent emissions. Currently Canatu uses electricity that is produced from combustion of mixed energy sources, which causes a lot of emissions. However, we can reduce this significantly by switching from fossil fuels to renewable energy sources.
By switching to renewable energy sources, greenhouse gas emissions can be reduced by 60% from 2020 levels. The first step is to invest in own power distribution centre, which will enable the switch to green energy by the end of 2023.
Improving CNB synthesis efficiency
The CNB synthesis process requires electricity to heat the reactors and cool the factory air. Our strategic R&D initiatives are aimed at improving the CNB synthesis process efficiency.
Our goal is to reduce the electricity consumption to a fifth per production unit (m2 of CNB film) by the end of 2023.
This will be enabled by the next-generation high-performance reactor designed to accelerate conversion of gases into CNBs, thereby improving efficiency, output and competitiveness, while contributing to substantial energy savings, too.
Reducing emissions into air
During the CNB synthesis, small amounts of process gases are emitted into the air. Emissions can be reduced with a new CNB synthesis process that will also improve manufacturing costs having positive impact on the business and the environment alike.
We aim at reducing CO2 equivalent air emissions to a fifth per production unit (m2 of CNB film) by end of 2025.
Exploring bio-based materials
Our sustainability initiatives span across the value chain starting from the use of new, bio-based materials. As a part of the new strategy, we will explore the availability of biobased materials during 2021.
Carbon-neutral production by 2035
Our target is to be carbon-neutral by 2035. Our roadmap to reaching the goals includes various steps through which we develop our sustainability further, including emission avoidance, reduction, and offsetting.
With systematic development, we progress towards our long-term vision to deliver more sustainable technology and solutions to our customers.
ISO 14001:2015 Certified
ISO 14001:2015 standard specifies the requirements for an environmental management system that an organization can use to enhance its environmental performance.
Canatu has received ISO 14001:2015 certificate. This achievement reinforces our commitment to reduce the environmental impact of our activities.
Silver in EcoVadis
Canatu has been awarded a silver medal from EcoVadis, an internationally recognized and independent sustainability assessment platform. The award recognizes Canatu’s responsible conduct in the areas of environment, labor practice, ethics, and sustainable procurement.
Canatu’s score of 64 points is well above the industry average of 44. This result places Canatu among the top 25 percent of companies assessed by EcoVadis.