Exel Composites Oyj

Annual Report

Report overview

The report describes Exel Composites' first Sustainability Statement aligned with ESRS and prepared on a consolidated Group basis for 2024. It highlights the new two-business-unit operating model, commissioning of a new India production facility, and commercial-scale bio-based resin use. Sustainability progress included a 35% reduction in Scope 1 and 2 emissions from 2018, a 24% renewable energy share, and a 99% reduction in waste to landfill from 2018.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Assurance

Provider
Level
Standard
Scope
Statement included

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Energy consumption
Renewable energy
Waste
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis
Matrix

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