Targets and Results

FY24 targets and FY22 progress

FY24 target FY22 progress
  • 8 percent reduction in CO2 intensity across glass manufacturing operations compared to FY18
  • KPI of 0.74 kg CO2(e) / tonne glass (e) was measured during FY22. This represents a 7% YoY improvement in the KPI since FY21 (0.79) and a 2% improvement vs baseline of FY18 (0.75) . This improvement was achieved via a combination of the continued efficiency improvements associated with the implementation of the NSG Group energy & carbon management program and improvement in utilisation of production assets with recovery in demand post Covid-19 pandemic.
  • 20 percent reduction of waste to landfill compared to FY20
  • Waste to landfill increased by 1.2 kt to 19.6 kt in FY22 versus FY21 but reduced by 11% versus the baseline FY20. This is due to an increase in waste from the glass melting process (rejected raw materials). Efforts will continue to be made to reduce this.
Human Capital
FY24 target FY22 progress
  • Reduction of Significant Injury Rate (20 percent vs. FY20)
  • Significant Injury Rate was 0.31, a 24% increase rcompared to FY21. We believe that the Corona pandemic has had an impact on the reduction of safety activities. More Effective safety activities under corona restrictions are being addressed.
  • Employee Engagement, "Our Vision" penetration ratio (80 percent)
  • In an employee attitude survey conducted in January 2022, 84% responded positively to the question on whether their immediate supervisor's decisions are in line with the core values of Our Vision, confirming that the penetration of Our Vision among employees is improving.
  • Female managers in NSG Group
    • 12.7% as of 2021 June 30th
    • FY24 target : female manager increase at least 1% in each SBU and Function compared to 2021 June 30st
  • Female managers in NSG Group was 14.3% as of 2022 June 30th , by 1.6% improvement. The progress will be monitored half yearly and best practice will be shared.
Responsible sourcing
FY24 target FY22 progress
  • To achieve and maintain a 95 percent acceptance of the NSG Supplier Code of Conduct by our key suppliers.
  • 93% of Key suppliers have now agreed to the Supplier Code of Conduct or can demonstrate their own equivalent code. This is an improvement of 3 points compared to FY2021. We will continue our efforts to improve the acceptance rate of the Supplier Code of Conduct with regard to key themes such as human rights and the environment.
  • To assess and monitor the sustainability performance of 65 percent of our suppliers by external spend.
  • EcoVadis sustainability assessments completed for 52% of external supplier spend. This result is similar to that of FY2021. We will continue our efforts to improve assessment coverage.
  • To achieve and maintain an average 50 sustainability score for all assessed suppliers.
  • Average scoring of all suppliers Ecovadis assessments also increased by 4 pts to 59. In particular, the number of suppliers with low scores has decreased, leading to an improvement in scores.
Ethics & Compliance
FY24 target FY22 progress
  • Hot line utilization (Actual vs. benchmark data)
  • NSG Group received 124 reports for FY2022 with decrease by 13 from FY2021. The benchmark for similar-sized enterprises in number of employees is 258 according to an external consulting firm. Group E&C continues to analyze variance between the number of the actually received reports vs. the benchmark data.
  • Increase of concern reports from Manager's Report Form targeting 30 percent of the total report
  • The ratio of reports from Manager's Report Form (MRF) was 28 percent of the total reports in FY2022 with increase by 17 points from FY2021. Group E&C continues to promote MRF via various communication channels such as internal bulletins and newsletters.
  • Education completion ratio (95 percent completion by managers)
  • 98.6 percent of Key Roles completed relevant trainings during the annual education campaign in FY2022. 85 percent of managers completed with increase by 9 points from FY2021.
  • Top level communications (Minimum four annually (CEO/C-Suite))
  • Top level communications regarding ethics and compliance were made four times during the fiscal year such as an internal bulletin by the name of CEO, CEO message video during the 2021 Ethics and Compliance Week.

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