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Louis Poulsen Sustainabillity 20 Sustainability Report 2020 Louis Poulsen / Sustainabilty Report 2020 2 Louis Poulsen / Sustainabilty Report 2020 3 1. A year like no other 4 2. Louis Poulsen at a glance 8 3. Sustainability at Louis Poulsen 13 4. Sustainability in our solutions 26 5. Sustainable operations 40 5.1. Addressing our impact on the climate and the environment 43 5.2. Passionate employees are our most valuable asset 52 6. About this report 63 Louis Poulsen / Sustainabilty Report 2020 4 1. A year like no other Louis Poulsen / Sustainabilty Report 2020 5 1. A year like no other 2020 was a year defined by the global company, we developed and implemented proud to announce that our own produc- This Sustainability Report constitutes we gain throughout the process, we will COVID-19 pandemic, and from the very our Diversity Policy in 2020 to ensure tion facilities in Vejen, Denmark, are now our second annual Communication bring to the next chapter of the evolution beginning, protecting the health and diversity and equal opportunities for solely using renewable electricity as a on Progress to be submitted to the of Louis Poulsen, as we develop new wellbeing of our employees was our main everyone at Louis Poulsen. first step towards our ambitious target of UN Global Compact. We will continue products, new offerings and welcome priority – and it still is. our domestic operations being carbon to support and contribute to the new partnerships in the future. There is Sustainability as a strategic neutral by 2023. development of the principles of the no doubt that all the valuable knowledge With employees all over the world – from target area UN Global Compact and report on we are acquiring will impact and continue LA in the west to Tokyo in the east – we At Louis Poulsen, we know that a We have also been piloting new ways progress annually. to develop our business and help us carefully monitored local restrictions and high-quality product is inherently a more of using rechargeable batteries in our create growth in a sustainable way. set up new guidelines and measures to sustainable product. We have started portable products as an important part In 2020, we have been excited to see our make sure everyone was supported in to evaluate the environmental footprint of our Closing the Loop strategy, which sustainability journey gaining momentum. Key ESG measures the best way possible. Priorities were of our products from a life-cycle per- was created to ensure a more circular In 2019, our focus was to lay the foun- We have a clear ambition and focus on adapted, while our digital strategy was spective and more specifically within the business model. We have also designed dation of our sustainability strategy and implementing a pragmatic and hands-on accelerated, introducing new virtual following stages: Design, Production & a take-back scheme and business define our targets, goals and activities. approach to support local, regional and formats for our partners, employees Procurement, Logistics, In Use and End model. The take-back scheme will apply That year we organised our approach to global ESG initiatives. We have defined and customers who were not able meet of Life. In 2020, sustainability became to selected products, starting in Denmark environmental and social responsibility as three key ESG measures, one for each of physically or travel. one of our strategic target areas, and and then expanding to the Nordics and a company and established a standard our strategic pillars, to guide us on this we spent the year implementing a Central Europe in the coming years. for reporting. The basis for our reporting exciting journey. At our production facilities in Vejen, new sustainability policy and execut- process from 2021 and onwards was Denmark, our COVID-19 task force ing planned activities to address our Taking care of our employees and also established. did everything possible to ensure the objectives. improving health and safety is a big Søren Mygind Eskildsen health and wellbeing of our employees, part of our Responsible Employer In 2020, we took the next step forward CEO including offering rapid on-site tests. It is very satisfying to see Louis Poulsen strategy – pandemic or not. In 2020, and started executing the planned Thanks to an incredible joint effort, moving on to the next chapter sustain- we increased our focus on Group Health, activities and internal communication we were able to keep our production ability-wise, and we are grateful for the Safety and Environmental Management to create awareness about ESG as facilities up and running. support from our owners, business part- subjects, which was one of our goals for an integrated part of all areas of our ners, employees and stakeholders. We the year, and we report a total of four business. In 2021, we expect to be able Diversity on the agenda will continue to provide our employees cases on Lost Time Injury (+1 day). to measure and document the effect of Another topic on the global agenda in with further sustainability training, and we our ESG work as a result of the changes 2020 was diversity. At Louis Poulsen, all are excited to work even more in-depth Measuring sustainability we have implemented. employees are appreciated for their skills, with sustainability in every aspect of our In 2019, Louis Poulsen became a signatory experience and unique points of view company. to the UN Global Compact. Our operations We will initiate the development of regardless of gender, age, nationality, are governed by the Ten Principles of the Environmental Product Specifications sexual orientation, language, political A few highlights from 2020 UN Global Compact related to human in the coming years, starting with a few views or disabilities. To manifest diversity COVID-19 did not stop us from reaching rights, working life principles, the pilot products in 2021. and inclusion as cornerstones of our some important goals for 2020. We are environment and prevention of corruption. All the lessons we learn and knowledge Louis Poulsen / Sustainabilty Report 2020 6 Continue to grow Louis Poulsen as an internationally acclaimed high-end lighting brand. Building on our strong heritage, we aspire always to exceed expectations in delivering long-lasting design that shapes light for people and spaces. We envision a world with only good light and are committed to giving people a better quality of life through exceptional lighting. Louis Poulsen / Sustainabilty Report 2020 7 ESG Vision To help people achieve a better quality of life by offering long-lasting products designed to shape light. Acting as a responsible company, managing our impact on people and planet. 1.75 kg 1.84 kg 10.6% Closing the Loop Zero Emission Responsible Employer Waste: 1.75 kg per product Emissions (Scope 1 and Scope 2): 1.84 kg CO2e per FTE Voluntary Turnover Rate: 10.6% 2023 target 2023 target 2023 target Waste: 1.0 kg per product Emissions (Scope 1 and Scope 2): 1.6 kg CO2e per FTE Voluntary Turnover Rate: 10% Louis Poulsen / Sustainabilty Report 2020 8 2. Louis Poulsen at a glance Louis Poulsen / Sustainabilty Report 2020 9 2. Louis Poulsen at a glance Louis Poulsen is a proud high-end Danish design group with a European heritage. lighting brand. Our philosophy is deeply Our sales operation is based in rooted in the Scandinavian design Copenhagen while our production tradition where form follows function. facilities are located in Vejen, Denmark. Since Louis Poulsen was founded, we Louis Poulsen is managed from our have sought not to design lamps, but to headquarters in Copenhagen. shape light. Louis Poulsen has a global distribution Louis Poulsen is internationally recognised network serving more than 50 countries. for providing our customers with exclusive We operate on a global scale with our lighting solutions of high quality and ten subsidiaries and have showrooms in functional design. Our products are sold Copenhagen, Singapore, Miami, Oslo, to both the consumer and commercial Los Angeles, Tokyo and Düsseldorf. markets in Denmark and abroad. With our Additionally, we use various agents and unique lighting and high quality, we serve distributors for sales and distribution the upper segments of both markets in activities on behalf of Louis Poulsen the product categories of Decorative, outside Denmark. Outdoor and Indoor Architectural. All our products meet the demand for a unique At Louis Poulsen, our aim is to improve design as well as comfortable and quality of life by providing functional glare-free lighting while fulfilling interna- products that make people feel good, tional demands for energy optimisation. both in- and outdoors. Sustainability in terms of long-lasting products has always Since 2018, Louis Poulsen has been been a cornerstone of our business. fully owned by Design Holding S.p.A. Since Louis Poulsen was founded in which is indirectly, jointly controlled by 1874, timelessness has been a key the Carlyle Group and funds managed element in our design philosophy. by Investindustrial. The Design Holding Group consists of complementary com- Our products are long-lasting in their panies that all have a strong individual durability and design. We believe that the identity and significant design heritage. best designs are the ones that withstand Taken together, these make Design the test of time. Holding the largest global high-end Louis Poulsen / Sustainabilty Report 2020 10 Our value chain Designing Sourcing Producing and assembling Selling and distributing Reaching our customers Consumers our high-quality products raw materials and components
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