TAKING CARE OF TOMORROW
ANNUAL
ESG
REPORT
2022
TAKING CARE OF
TOMORROW

TAKING CARE OF TOMORROW
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Contents
3
SUSTAINABLILITY
AT HAARSLEV
INTRODUCTION 
10
MAKING A DIFFERENCE
17
ESG | ENVIRONMENTAL
19
ESG | GOVERNANCE
29
34
KPI’S AND SUMMARY
ESG | SOCIAL
24
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Annual ESG Report 2022

INTRODUCTION 
1

TAKING CARE OF TOMORROW
Haarslev marks its 50th anniversary this year.
While celebrating the rewarding, educational 
adventure towards the point we’ve now reached, we 
also reflect on making sure we have the right focus 
on the journey ahead. Sustainability requires special 
attention, because Haarslev is the global leader in 
manufacturing equipment for the rendering industry. We 
are determined to embrace our global responsibilities, 
and we want to contribute to a better tomorrow for this 
world.
The past year has been eventful and demanding for 
many, with the world on its way out of the grip of 
Covid-19. We’ve faced inflation, supply chain problems 
and – not least – the first war in Europe in eighty years. 
The conflict between Ukraine and Russia has given 
Haarslev particular challenges, due to several projects 
with Russian customers.
From the very beginning, Haarslev made sure we 
were fully compliant with all relevant embargoes 
and sanctions. Projects were firmly managed and 
implemented, with special attention paid to embargo 
requirements, as well as to contractual agreements with 
customers. There may have been certain legal avenues 
for continuing some operations on Russian soil, but 
Haarslev decided to uphold our beliefs and values, and to 
pull out of the Russian market to comply with these.
2022 was also the year in which Haarslev welcomed me 
as the new CEO, and in which I took on the challenge of 
bringing Haarslev to the next level. A key part of this 
future focus lies in sustainability, which is central to our 
Introduction
A word from the CEO
Kim Christensen, CEO
“HAARSLEV IS DETERMINED TO 
HELP ENSURE THE FUTURE OF THE 
ENVIRONMENT, LOCAL COMMUNITIES 
AND PEOPLE EVERYWHERE. WE WANT 
TO ENABLE ALL OUR EMPLOYEES AND 
CUSTOMERS TO NAVIGATE TOWARDS A 
BETTER TOMORROW.”
1
BETTER TOMORROW
At Haarslev, we continue striving to make sure waste can 
be made avoidable. Haarslev capabilities, solutions and 
products contribute to as many valuable resources as 
possible being recovered, upcycled and recycled.
We provide customers with reliable, effective technical 
solutions that convert waste, by-products and co-
products into oils, proteins and feed products that are 
valuable, useful and responsible.
In so doing, Haarslev helps minimise the amounts of 
material that get incinerated, buried in landfills or 
disposed of in other resource-wasting ways. At the same 
time, we maintain a strong focus on our own supply 
chain, as well as on reducing the environmental impacts 
entire purpose as a company.
Looking at our 2022 ESG achievements, I am pleased to 
highlight these important progress points:
•	 Scope 1 emission reduction of 12%
•	 Scope 2 emission reduction of 35%
•	 Scope 3 emission reduction of 6%
•	 HSE incident reduction of 44%
of how we manufacture Haarslev products and solutions.
We hope this report will show you how Haarslev includes 
this crucial Environmental, Social and Governance (ESG) 
focus to build value for our customers, people and 
our business. In the report, we present our 2022 ESG 
data in comparison with previous years, showing the 
improvements we are making, and will continue to make.
I hope you enjoy reading this report, reflecting how we 
at Haarslev want to display initiative and to help ensure 
the best possible future for the environment, local 
communities and for people everywhere.
We want all Haarslev employees and customers to 
navigate towards a better tomorrow.
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Annual ESG Report 2022

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About this report
This report seeks to provide readers 
with the best possible overview of 
Haarslev’s ESG performance for the 
financial year 2022, as well as a look at 
our ESG targets and ambitions for the 
future.
This report supplements the Haarslev Annual Financial
Statement, which primarily covers financial 
performance. This statutory account for Haarslev’s ESG 
performance (presented in accordance with the Danish 
Financial Statements Act, § 99a, § 99b and § 99d) is part 
of the management review 2022 and covers the financial 
period 01.01.2022 – 31.12.2022.
This account was developed for the legal entity Haarslev
Industries A/S, but also covers input from subsidiaries,
and thereby the whole Group. Unless otherwise stated,
the data in the report covers Haarslev globally, and
includes all its entities.
Haarslev is constantly working on improving the 
processes, data quality and reviews required to improve 
our reporting about each of the fields involved in ESG 
monitoring and reporting. We welcome feedback of all 
kinds about our ESG report and our performance.
Any questions, comments or other relevant feedback 
can be sent to ESG@haarslev.com.
Introduction
1
5
Annual ESG Report 2022

TAKING CARE OF TOMORROW
TAKING CARE OF
TOMORROW
+100 YEARS
EXPERIENCE
ONLY GLOBAL VENDOR
15,000
ORDERS
PER YEAR
€249
MILLION
ORDER 
INTAKE
COUNTRIES
15
67%
EMPLOYEES IN SUPPLY CHAIN
CONTINENTS
5
COUNTRIES SOLD TO
+120
EMPLOYEES
~900
CERTIFIED ENGINEERS
+115
About Haarslev
1
Vision and values
OUR VISION
It’s our vision to be the undisputed 
leader in creating solutions for 
sustainable feed and food processing.
Undisputed - in the eyes of our customers
Leader - in Technology, Innovation and Service
Creating solutions - that make our customers successful
Sustainable - contributing to a sustainable planet
OUR VALUES
Customer-focused
Committed to the success of our customers
Working together
Teamwork is at the heart of how we operate
Performance-oriented
Striving for excellence and delivering above and beyond 
our commitments
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BUSINESS MODEL AND STRATEGY
Haarslev is the world’s no. 1 provider of rendering and related (fish) processing solutions. From offices around the globe, 
Haarslev employees take pride in providing the specialist equipment and knowhow it takes to keep rendering a safe, 
healthy and financially viable activity. As the global population continues to grow and the world’s supply of vital proteins, 
minerals, fuel and other essentials are increasingly constrained, Haarslev seeks to play its part in utilising resources 
more efficiently.
LEADING PROCESSING SUPPLIER
We design, manufacture and sell leading-edge equipment, control systems and processing solutions for the rendering, 
fish and industrial drying industries. We install, commission, monitor and service the solutions to keep them running 
24/7. 
LEADERSHIP THROUGH INNOVATION
We invest significantly in product and process innovation. Our dedicated Innovation and Process departments are 
working relentlessly to continuously improve the overall efficiency, capacity and quality of our equipment. In the coming 
years we plan to step up our investments in innovation.
ENVIRONMENTAL IMPACT
Our products contribute directly to improving the environment as well as supports our customers’ aims of reducing 
their environmental footprint.
GLOBAL REACH
The heart of the company is our more than 900 dedicated employees in 15 countries around the world. We offer 
a unique service network with 9 service hubs and a Global Services team with more than 150 people dedicated to 
supporting customers around the world keeping their processing running 24/7. Our local presence is complemented by 
a strong network of experienced agents and distributors with whom we have a partnership to deliver the best solutions 
to our customers.
WORLDWIDE CUSTOMER BASE
With customers located in more than 120 countries across the globe, we are a truly global company. We are in business 
to build long-standing partnerships, based on a deeply rooted customer focus and strong co-operation with customers 
across industries and geographies.
CLEAR AND PERFORMANCE-ORIENTED STRATEGY
Haarslev is expected to grow faster than the market in the coming years, and our strategy is clear: we want to deliver 
leading performance on all measures. As performance takes precedence over growth, we are continuously reviewing 
all areas of our business to improve performance.
THREE KEY INDUSTRY SEGMENTS
At Haarslev we focus our efforts and dedication on three main industry segments:
•	 Meat rendering
•	 Fish processing
•	 Industrial processing
With deeply rooted industry expertise across all industry segments, our team of industry professionals are able to 
anticipate market developments and changes in the industry, enabling us to adjust our business accordingly and serve 
our customers to the highest standard.
In all industry segments, our offerings cover the full product life cycle – from design and manufacturing to service and 
installation and, ultimately, de-commissioning of the solutions.
About Haarslev
1
Vision and values
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CRUCIAL FOR A CIRCULAR ECONOMY
The rendering industry plays a vital 
part in the circular economy.
It’s all about getting the most out of 
the limited resources available.
By utilising meat, fish and poultry by-products that 
would otherwise be discarded as waste, and processing 
them into valuable proteins, oils and other ingredients 
used for animal feed and other commercially valuable 
and environmentally responsible products, the rendering 
industry has become a textbook example of how to 
make effective, responsible use of the planet’s limited 
resources.
About Haarslev
1
The figure below shows how such waste, by-products 
and co-products are part of a circular flow that puts 
these resources to best possible use. 
1(,2$34 5
Raw material reception
Particle size reduction and 
transport to cooker
Metal detection and removal
Pressing. Separation of fats 
and proteins (meal)
Separation. Removal of 
solids from fats
Polishing. Final 
refining of fats
Meal cooling
Milling plant. Reduction and 
calibration of meal to final 
specification
Bagging. Packing of meal
Condensing of vapour from 
the cooking process
From by-products to valuable protein meal and oils
Raw material zone
Cooking zone
Meal zone
1
1
2
2
3
3
4
4
4.1
4.1
4.2
4.2
5
5
6
6
7
7
8
8
PROCESS FLOW
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1 About Haarslev
REDUCING ENVIRONMENTAL IMPACTS 
Haarslev equipment enables rendering operations to 
reclaim otherwise discarded meat leftovers, which 
drastically reduces the waste footprint of food 
production. 
•	 “Recycling” unwanted meat by-products and fish by-
products into animal feed, pet food and fertiliser that 
helps grow the next generation of food
•	 Renderers recycle millions of kilos of used cooking oil 
into biodiesel and other fuels, and into ingredients for 
pet food and animal feed.
Haarslev equipment also enables rendering operations 
to significantly reduce greenhouse gas emissions 
(GHGs).
•	 A typical rendering plant sequesters five times more 
GHG emissions from the environment (carbon dioxide, 
methane, etc.) than it emits
•	 Rendering avoids at least 90% of the GHG emissions 
that would otherwise result from industrial 
composting as a way to dispose of such waste. 
RENDERING IS AN ENVIRONMENTALLY RESPONSIBLE WAY
TO RECYCLE MATERIAL THAT WOULD OTHERWISE BE WASTED
Processes using Haarslev technology
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Annual ESG Report 2022

SUSTAINABILITY
AT HAARSLEV
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Sustainability at Haarslev 
2
Sustainability is not only about 
environmental efforts. It is just as 
important to ensure that we run our 
business in a responsible manner 
in terms of the full spectrum of 
economic, environmental and social 
concerns.
2016 - 2020
In this period, we focused on building 
a strong compliance foundation, 
introducing global policies to make 
sure our in-house processes are 
fully aligned with the expectations 
associated with our position as 
industry leader in our specialist field.
2020 - 2022
Sustainability was identified as a 
central pillar in the Haarslev 2025 
strategy, right at the heart of what 
we do and who we are as a company. 
At the same time, we started 
measuring the company’s Scope 1–3 
emissions and initiated several ESG-
related projects.
We also published our first 
Sustainability Report for the 
reporting year 2021.
2023 -
With a stronger baseline for 
quantifying the company’s Scope 
1 - 3 emissions, we will work 
towards setting ambitious targets 
and investigating possibilities for 
concrete Science Based Targets 
Initiative (SBTi) commitments, as 
well as continuing to improve our 
data quality. We will also continue to 
engage with suppliers to identify and 
implement effective ways to reduce 
CO2 emissions.
Customer footprint
Pe
de
Sustainable p
food waste re
Strategic communication
Circularity of resources
O
o
fo
Govern
compli
Supply chain
ption
Supplier screening
Diversity
rsity
Employm
Fair labour practices
Community relations
Data security
HSE – employee safety
2017
2018
2019
2020
2021
2022
2023
2025
WHISTLEBLOWER 
POLICY
GDPR POLICY
MEASURING
SCOPE 1-3
ECOVADIS
BRONZE SCORE
MATERIALITY 
ASSESSMENT
SUSTAINABILITY 
IN OUR PRODUCT 
DEVELOPMENT 
PROCESS
FIRST ESG REPORT 
FOR 2021
HAARSLEV 
ACADEMY
LAUNCHED
CODE OF CONDUCT
NEW GLOBAL 
HSE POLICY
NEW BUSINESS 
ETHICS
ESG STRATEGY
ESG POLICY
SUPPLIER
ENGAGEMENT
CODE OF CONDUCT 
TRAINING
SUSTAINABILITY AT HAARSLEV
The Haarslev vision of becoming “the undisputed leader in creating solutions for sustainable feed and food 
processing” reflects the fact that sustainable thinking is at the core of our business.
We follow market trends closely, and continously strive to positively impact the environment by examining and 
reducing our own carbon footprint – in addition to enabling our customers to reduce theirs.
At Haarslev we say
“Taking care of 
tomorrow”. This has 
several aspects to it.
2024
SUSTAINABLE 
PRODUCT 
INNOVATION
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Sustainability at Haarslev 
2
SUSTAINABILITY GOVERNANCE
Sustainability has been at the core 
of Haarslev business strategy for 
decades. Our position as market 
leader in our industry means we 
take pride in always operating at the 
highest level of integrity.
The way we work rests on a 
foundation of good business ethics, 
human and labour rights, employee 
safety, environmental responsibility 
and a strong general focus on 
good governance and compliance 
with appropriate standards and 
expectations. This includes principles 
about anti-corruption and fair 
competition practices.
The board of directors bears ultimate responsibility
for the company’s sustainability strategy and
performance. However, global management team, the 
ESG Manager and relevant key employees has day-to-day
responsibility for Haarslev sustainability performance.
This includes responsibility for making sure strategy is
transformed and implemented in the form of tangible
actions that pave the way to achieving the company’s
long-term goals and targets.
In 2022, we introduced the ESG Manager role at Haarslev, 
to ensure an even stronger focus on Haarslev’s 
continued working with sustainability. The ESG Manager 
will drive the ESG focus, including introducing and 
obtaining ESG awareness within the organisation.
Our sustainability governance structure enables 
us to keep track of our progress and to make 
sure we are on the right path to achieve our 
goals. This structure also provides us with a clear 
framework against which to manage priorities, 
roles and responsibilities. The structure is crucial 
for ensuring that Haarslev’s sustainability strategy 
and targets are evaluated on regular basis.
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Sustainability at Haarslev 
2
MATERIALITY ASSESSMENT 
OVERVIEW - INCLUDING DOUBLE 
MATERIALITY ANALYSIS
In 2021, Haarslev conducted its 
first materiality assessment to 
identify reporting topics that are 
considered of key interest to relevant 
stakeholders and to the company 
itself. These topics were based on 
desk research as well as stakeholder 
engagement.
The materiality topics were identified 
by considering market trends, along 
with guidance sourced from the 
Global Reporting Initiative (GRI), the 
Sustainability Accounting Standards 
Board (SASB) and the UN Sustainable 
Development Goals (SDGs).
During 2022, we continued with the key topics based 
on the initial materiality assessment. We operate in 
a constantly changing world, which means there is a 
need for undertaking the materiality assessment on 
aregular basis, and as the double materiality analysis 
principle has been introduced as required due diligence, 
Haarslev’s material topics will be revisited – including a 
double materiality analysis – during 2023.
The list of Nine specific topics have been considered as 
key interest points, based on their importance to our 
stakeholders and to Haarslev business operations.
Key topics
Own operations footprint
Customer footprint
Circularity of resources
Sustainable products and food waste reduction
People and development
HSE – employee safety
Governance and compliance
Supply chain / supplier management
Strategic communication
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Sustainability at Haarslev 
2
STAKEHOLDERS
For Haarslev, key stakeholders mainly 
consist of customers, employees, 
shareholders, strategic partners, 
local communities, suppliers and 
the relevant international, national 
and local authorities. We strive for 
long-term partnerships with all our 
stakeholders.
Openness and dialogue are our preferred tools for 
maintaining close connections with our stakeholders, as 
a part of risk management procedure.
ESG DATA
The data in this ESG report is subject to continued 
improvement as both Haarslev and general ESG 
reporting standards develop further. 
This report is based on the inspiration from the GRI 
framework regarding the included data. With the 2022 
data, we are now able to report on the basis of data 
collected over a period of up to three years.
CUSTOMERS
STRATEGIC 
PARTNERS
EMPLOYEES
SUPPLIERS
AUTHORITIES
AND LOCAL
COMMUNITIES
OUR KEY 
STAKEHOLDERS
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Sustainability at Haarslev 
2
Targets and achievements
OUR CONTRIBUTION TO THE UN 
SUSTAINABLE DEVELOPMENT GOALS 
(SDGS)
At Haarslev, we are committed to playing an active 
role, targeting specific SDGs. We have goals where an 
additional and more specific approach is intended.
”Take urgent actions to 
combat climate change and its 
impacts”
Become the global industry leader in reducing 
our own operational carbon footprint and in 
maximising the effective use of resources, while 
enabling our customers to increase their own 
climate actions through our innovative products 
and services 
”Ensure sustainable 
consumption and production 
patterns”
Continue to develop responsible and innovative 
products that positively contribute to the world’s 
responsible consumption, while increasing own 
circularity of resources through appropriate 
initiatives that increase levels of responsibility in 
our own consumption of materials
SDGs
Our ambition
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Sustainability at Haarslev 
2
Key targets and performance
Environmental areas
SDG
Status
Achievements
Next steps
Own operations footprint
Promote low-energy solutions
Set ambitious targets and 
investigate SBTi commitment
Customer footprint
Promote low-energy solutions
Further develop innovative 
energy-efficient solutions
Circularity of resources
Partnership with Stena
Recycling in Denmark
Improve recycling globally and
reduce material use in 
our products, wherever possible
Sustainable products and 
food waste reduction
Included sustainability in our 
product development process
Investigate LCAs or EPDs 
for major equipment
Social areas
Status
Achievements
Next steps
People and development
Prioritised development and 
training via measures that include
HI leadership course and HI Academy
Integrate core leadership 
competencies globally
Governance areas
SDG
Status
Achievements
Next steps
Governance and compliance
51% of managers trained in
 business ethics
100% of managers trained 
in business ethics
Supply chain / supplier management
Identified all major suppliers based
on carbon footprint
Start ESG screening of key suppliers
Strategic communication
Publish first ESG report
Full GRI report
Continuously communicate 
HSE – employee safety
Measuring key HSE KPIs
Target a zero-accident culture
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MAKING 
A DIFFERENCE
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Making a difference
3
RESOURCE CONTROVERSY
Inconceivable amounts of resources 
are used to raise livestock, poultry 
and fish around the world. These 
animals consume vast amounts of 
water, plants, feed and energy to grow.
Our place in the ecosystem 
Many people don’t realise that as much as half of the 
livestock, poultry and fish slaughtered for human 
consumption never actually gets used, whether for 
food or for other purposes. Large amounts simply get 
discarded as waste, and in many countries it may end as 
landfill.
Haarslev specialist technology makes it possible to deal 
with this left-over material – all the innards, offcuts and 
discards, as well as the by-products and co-products 
from processing operations. We help and enable 
Haarslev customers make the most responsible use of 
these precious naturally derived resources, by turning 
what would otherwise be low-quality leftovers and waste 
into other important materials that are more useful and 
that have greater value.
THE MULTIPLIER EFFECT
The equipment we develop, design and 
manufacture helps our customers 
with their sustainability agendas, 
providing equipment, systems and 
know-how that enable them to regard 
the world’s resources in a responsible 
manner.
Like ripples on a pond, Haarslev know-how and 
technology centred on resource optimisation and waste 
reduction have important multiplier effects on meeting 
ESG targets at our customers’ operations, all over the 
world.
This is where the big payoffs and benefits of Haarslev 
capabilities and technologies come fully into play – and 
where the real value lies. 
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ESG 
ENVIRONMENTAL
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TAKING CARE OF TOMORROW
ESG Environmental
4
We have a global reach, with offices, 
production sites and customers all 
over the world. 
ENERGY CONSUMPTION
Every year we use large amounts of energy to 
manufacture equipment and run the business. 2021 was 
the first year for Haarslev to report on our greenhouse 
gas emissions (GHGs). During 2022, maintained a strong 
focus on greenhouse gas emissions – especially at our 
sites Denmark – and are delighted to show the results in 
the figures below.
We have continued our partnership with Normative 
– experts in actionable sustainability intelligence. 
Normative helps us calculate and validate Scope 1–3 
GHG emissions for Haarslev, using their expert carbon 
accounting data analysts.
This reporting framework complies with the Greenhouse 
Gas Protocol.
Key highlights
Key highlights
• Purchased electricity
 
• Steam, heating and cooling
 for own use
• Transport and distribution
• Capital goods
• Waste
• Business travel
• Purchased goods and services
• Investments
• Leased assets
• Company facilities
• Company vehicles
Scope 2
Indirect emissions
Scope 3*
2021
2022
Scope 2
Tonnes CO2e
Scope 3
-35%
-12%
8.2
10.6
2021
2022
2021
2022
2021
2022
2021
2022
2021
2022
Scope 2
CO2e intensity**
Scope 3
-43%
* Spend based
**  Intensity – ratio of tonnes GHG emissions to million Euro revenue
• 12% Scope 1 reduction from 2021 to 2022
 
• 22% reduction in CO2e emission intensity
• We continue the focus on consumption of
  oil, diesel and other fuels to identify potential
  improvements 
• 35% Scope 2 reduction from 2021 to 2022,
  mainly driven by DK production consuming
  renewable electricity only
• We are currently looking into possibilities 
  for renewable electricity in other areas 
  of Haarslev
• 6% Scope 3 reduction from 2021 to 2022
• We continue to looking into opportunities
  to move into activity-based CO2 accounting
  and reporting, to get a more granular view
  about the Haarslev emissions profile
-22%
2,042
1,793
19.3
3,710
2,404
327.3
271.2
62,844
59,120
Other indirect emissions
Tonnes CO2e
CO2e intensity**
-6%
-17%
Scope 1
Direct emissions
Key highlights
Scope 1
Tonnes CO2e
Scope 1
CO2e intensity**
11.0
CONCLUSION
The focus on reducing emissions from Haarslev facilities has proved favourable, with clear reductions achieved.
We will continue this focus on a global level in 2023, as well as maintaining a focus on Scope 3 areas where we see 
potential for further improvement.
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ESG Environmental
4
Haarslev supplies low-energy 
rendering and process equipment as 
well as other specialist equipment 
that reduces undesirable odours from 
such processing operations. This is 
one of the ways we contribute to 
reducing energy consumption in an 
otherwise energy-intensive industry, 
thus helping our customers reduce 
their environmental impacts on local 
communities.
Products reducing customer footprint / refurbishing old equipment
To ensure operational stability and continuity for 
customers still using older Haarslev equipment, we 
have more than 30 years’ of filed documentation and 
specifications for equipment supplied. We also offer 
to renovate or rebuild our customers’ used equipment, 
thereby increasing resource efficiency for our own 
product line as well as our customers’ operations.  
One example of the environmental benefits our 
technology and capabilities provide is the Haarslev Low 
Temperature Wet Rendering process, which ensures 
lower energy consumption compared to traditional dry 
rendering processes, thus also reducing customers’ 
operating costs.
In the wet rendering process, proteins and fat are 
separated early in the process. This provides fat with 
excellent colour as well as significantly increased yields. 
Haarslev equipment for low-temperature wet rendering 
reduces the amount of steam used to do this to less 
than half in some cases compared to traditional dry 
rendering (depends on the moisture content of the raw 
materials).
Meal
Fat
CRUSHING
PREHEATING
DRYING
EVAPORATING
MILLING
CONDENSING
PRESSING
SEPARATION
SUSTAINABILITY IN PRODUCT DEVELOPMENT
Sustainability, circularity and sustainable solutions 
are an integral part of the overall Haarslev product 
development process. Haarslev is continuously working 
with incorporating the sustainability mindset into our 
products, processes and solutions implementation.
This contributes to more environmentally friendly 
products and services. When combined with an effective 
focus on HSE, Haarslev products also become safer and 
more hygienic.
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Circularity of resources
ESG Environmental
4
Haarslev plays a significant role in 
the circular economy within the meat 
and fish processing industries, as 
we are major supplier of equipment 
and process solutions to customers 
around the world.
In 2021, our Danish production site cooperated with 
Stena Recycling to launch an ambitious project aimed at 
providing a full overview of Haarslev waste management 
procedures and how these are implemented.
This resulted in identifying more than 30 different waste 
fractions, as well as concrete measures to improve 
the quantities of recyclable material collected. It is 
now possible to view, analyse and evaluate this data 
on a monthly basis, giving us transparency about our 
waste profiles and making it possible to utilise this key 
information to initiate any appropriate actions.  
According to Stena Recycling calculations, we have 
continued the good efforts and prevented more than 3 
tons of CO2 emissions in 2022 (4,8t in 2021)
Furthermore we have maintained a material recycling 
percentage of 90% - the same as 2021.
Looking forward, we will continue our focus on reducing 
waste as well as ensuring recycling of waste in Denmark, 
and also expand our focus to other Haarslev production 
sites. 
90.1% 
of waste recycled 
9.3% 
reused for heating
0.5% 
hazardous waste
1 Calculation: The CO2e saving is the difference between using recycled 
materials compared to using virgin materials. This figure shows 
the quantity of emissions avoided as a result of passing carefully 
identified material through the recycling process, compared to 
emissions resulting from extracting new raw materials for the same 
purpose.
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Managing environmental and quality risks
ESG Environmental
4
ENVIRONMENTAL RISKS
Our primary risk related to the environment and climate 
lies in the consumption of energy and resources used 
in our production as well as any residual waste. If this 
is not managed responsibly, it could negatively affect 
the environment. Because we are a manufacturing 
company, we consume energy in large quantities. We are 
therefore working continuously on reducing our energy 
consumption.
In 2021, we managed to reduce Scope 1 and 2 emission 
intensities for Haarslev, and we continued the reduction 
trend in 2022, with 13% for Scope 1 and 54% for Scope 2.
We strive to comply with local and international 
legislation for mitigating our environmental impacts 
Although they are not contained within a formalised 
environmental policy, they are to some extent covered 
by our ESG policy, which contains the guiding principles 
that we operate by.
In order to achieve these goals, we continuously invest in 
our production facilities. For example, we have invested 
in upgrading lighting, installing energy-efficient LED 
technology as well as shifting to renewable electricity 
where possible. This has led to Haarslev being Scope 2 
99% CO2 neutral at our production site in Denmark for 
2022.
Furthermore, we decided to invest in a software 
tool that enables real-time tracking of energy 
consumption in selected production halls at the Danish 
factory, enabling future decisions regarding energy 
improvements to be based on data, and thereby 
ensuring focus on highest impact.
As a part of our code of conduct we expect our partners 
to strive to minimise and prevent their own negative 
impact on the environment – from heating of buildings, 
consumption of electricity and waste management to 
the manufacture and handling of goods, distribution 
services and any other activities associated with 
their business. We expect our suppliers to integrate 
environmental considerations into their activities and 
strive for continuous improvement, by minimising any 
adverse effects of their activities upon the environment.
Our partners must also comply with any relevant local 
and national environmental laws and regulations, as well 
as any requirements for environmental licenses and 
permits.
QUALITY RISKS
We design, develop, and manufacture the machinery 
that our customers require to meet their particular 
needs and demands, and configure our products so that 
they always meet the specific legislation and industry 
standards that apply in the markets where we operate.
We work in accordance with clear procedures and 
policies in order to make sure our products live up to 
the highest possible quality standards, and that our 
manufacturing processes are lean, effective and energy 
efficient.
To strengthen our quality management frameworks still 
further, the Haarslev Project and Engineering Centre 
focuses on correcting as well as improving designs and 
drawings before they are used in actual manufacturing, 
production and assembly.
In our Haarslev production facilities, we have also 
established a special quarantine area to separate bad 
items from good items. This means we have been able 
to optimise workflows and at the same time minimise 
errors before shipping Haarslev products out to our 
customers.
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Annual ESG Report 2022

ESG 
SOCIAL
5

TAKING CARE OF TOMORROW
The people behind Haarslev
ESG Social
5
At the core of what we do are three 
values: Performance Oriented, 
Customer Focused and Working 
Together.
At Haarslev, we strive to become better every day by 
having the customer in mind while we are working 
together. Our employees are critical for success in our 
journey towards shaping a better tomorrow. It is the 
hard work of over 900 employees globally that makes 
the largest single contribution to our performance and 
results.
At the heart of working in accordance with Haarslev
values is the Executive Committee (EC). At Haarslev,
the EC and HR are jointly responsible for the company’s 
global social and governance initiatives.
Central functions are our HR & Legal Director and People
and Business Partners, who together set the direction 
for targeted initiatives to fulfill our promises to Haarslev
employees. Locally, however, there are key
representatives who make sure these initiatives are
implemented effectively at all of our sites, while keeping
the local community and regulations in mind.
In the period up to and including 2020, we implemented 
many new people-focused initiatives, including Annual 
Performance Reviews, Engagement Surveys, training 
programmes and ensuring basic employee rights 
and benefits. Towards 2025, the focus will be on 
strengthening and integrating these initiatives, and 
making sure we do things right regardless of where we 
do them.
Even though COVID-19 dramatically affected our 
business, order intake and revenue, the retreat of 
the pandemic came along with an 8% fall in employee 
turnover in 2021. This was below the acceptable level. In 
2022, we have seen an increase to 14%, which may have 
been caused by organisational restructuring, the long 
COVID-19 period giving employees time to reflect on their 
work life, the general tendency towards more frequent 
job rotations, and the fact that many Haarslev profiles 
are in high demand on the general job market. On a 
positive note, we do see interest in Haarslev in terms 
of the many applications and replies to the job ads we 
have posted. Nevertheless, we must focus our efforts 
on a strong value-based culture featuring employee 
commitment and low turnover.
Customer 
Focus
Working
Together
Haarslev
Performance
CCO
COO
CEO
CFO
14%
2022
2021
8%
Employee turnover
More than 170 new employees 
hired in 2022
Executive Committee
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Annual ESG Report 2022

TAKING CARE OF TOMORROW
Performance requires people
ESG Social
5
To ensure performance in a complex
global market, we need people of
many different kinds and with many
different skill sets in order to deal
with a wide spectrum of tasks.
The male gender has always been significantly over-
represented in our particular field of business, although 
gender gaps in these traditionally male-dominated fields 
are narrowing. Our focus continues to be on offering and 
ensuring equal opportunities and on driving towards a 
diverse workforce. 
We see a great strength in a diverse workforce, and 
know that it is an important component in ensuring 
innovation and creativity. We therefore have a target 
of onboarding at least one female representative in 
the global management team as well as the board of 
directors within the next four years. In section 19 of the 
Haarslev Business Ethics Policy, we address the policy of 
increasing the underrepresented gender in Haarslev.
By 2021, we had 17% females in our workforce as a whole, 
and in 2022 we had 24%. It has not proved possible to 
achieve our desired aims set out for 2022 with regard 
to introducing female representatives on the board of 
directors and in the global management team. There 
have not been any changes to the Haarslev board 
of directors, and as a result no new representatives 
have been introduced. We emphasise that in 2022 we 
retained our female representation within the global 
management team, at a level of 11%.
At Haarslev, we strive to treat all applicants with respect 
and equal focus, ensuring the best qualified colleague in 
respective positions within the company.
We do encounter the fact that when operating in a male-
dominated industry, it is more difficult to attract and 
find females to management and board positions.
This will, of course, not keep us from trying and hence 
continuing our focus on gender diversity.
76%
24%
Male
Female
Male
Female
89%
11%
Male
Female
100%
0%
0%
Gender diversity
Share of males and females in the Haarslev Group
Gender diversity in the GMT
Share of males and females in the global 
management team
Gender diversity on the BOD
Share of males and females on the board of directors
17%
2022
2021
30%
Diversity
Share of females in leadership training
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Annual ESG Report 2022

TAKING CARE OF TOMORROW
Performance requires people
ESG Social
5
Haarslev is very well aware that developing our employees 
and their skills is essential to staying competitive in a 
world with increasing competition for talent. 
Having an innovative, creative and diverse workforce 
involve deploying a vast set of skills but also demands 
more of our managers, because leading diverse teams 
is a skill in itself. Haarslev tries to balance our focus on 
the development of employee and manager skill sets, 
because it is important that such development work is 
coordinated and integrated.
At Haarslev we have considerably increased our focus 
on employee development over recent years. The 
opportunities currently offered include:
•	 The Haarslev Leadership programme
•	 Leadership training and female participants
•	 Haarslev Academy – an online e-learning platform, 
currently featuring more than 115 videos featuring 
training material on multiple topics, targeting a broad 
audience of Haarslev employees.
We continuously implement new initiatives to make 
Haarslev a more attractive company to work for. 
Conducting regular performance reviews as well 
as engagement surveys is just one way of fostering 
employee engagement.
Such surveys also help senior management identify areas 
where improvements are needed, as well as providing 
each department with specifics about where and how to 
improve working conditions and employee satisfaction. 
We do carry out Annual Performance Reviews (APRs) for 
staff working in production as well as the offices, but at 
the moment our systems are only able to capture the 
APR results for office employees. We are striving towards 
getting all APR data into the system to get a full overview.
Haarslev will be focusing on establishing which employee 
benefits we have globally from health insurance, health 
checks, catering services, flexible working hours, ensuring 
a healthy work–life balance and celebrating employees’ 
jubilees and personal anniversaries. 
Moreover, we want to establish how we, as a company, 
ensure community engagement wherever in the world 
we operate. This includes initiatives ranging from 
donations to local hospitals, sports clubs, schools and 
other activities, through engaging locally to increase 
biodiversity or by offering internships to students from 
local schools, thus nurturing and ensuring the talents of 
tomorrow.
10.5
44
2022
2021
2021
2022
19
75
People and development
Avarage training hours per employee
People and development
Share of office employees receiving an APR
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TAKING CARE OF TOMORROW
HSE – employee safety
ESG Social
5
Safety concerns are hardwired into 
Haarslev thinking – working together 
also means working safely.
We have a strong focus on safeguarding all aspects of 
the physical and mental well-being of our employees. 
We are committed to maintaining and improving high 
standards of health and safety in all Haarslev business 
entities and in all markets in which the company 
operates.
Our primary element of risk related to the work 
environment lies in the risk of accidents and job-related 
illnesses, which could harm individual employees as well 
as affecting the company’s overall ability to attract and 
retain our workforce.
Haarslev’s HSE strategic and operational focus is to
provide high quality products and a safe and healthy
working environment for all our employees and clients.
The strategy is built around our value of actively caring.
We operate and maintain high standards that cover
everything from robust quality processes, safe systems 
of work, risk control measures and legal compliance,
tailored to our operations underpinned by strong
management commitment and support.
Haarslev production facilities involve the use of many 
advanced technologies and much complicated equipment. 
Many Haarslev products are extremely big and heavy, and 
take a lot of lifting and moving.
So it’s not surprising that providing a safe, healthy working 
environment for all our employees and sub-contractors 
is – and always has been – crucial for Haarslev. In fact, we 
consider it a basic human right, which is why HSE is a top 
priority throughout the company.
During 2022, we decided to bring our many different 
safety initiatives together into one dedicated, focused 
HSE initiative to ensure the safety of Haarslev employees 
in our operations and offices, as well as our employees 
working at customer sites. The result is a global HSE 
policy, clearly displayed on Haarslev Intranet. The global 
HSE policy includes;
1 - Statement of intent
The statement lists the company’s aims for health and 
safety.
2 - Responsibilities for health and safety
This section of the policy lists the names, positions and 
roles of the people within the company who have specific 
responsibility for health and safety.
3 - Arrangements for health and safety
The arrangements section gives details of the specific 
systems and procedures in place. This part of our policy 
describes in detail how we control the risks associated 
with business activities such as work at height, confined 
spaces, chemicals, training, anti-discrimination, 
disciplinary action, etc.
With the global HSE policy and strong management 
commitment, Haaslev will ensure market leadership and 
global compliance with regards to all appropriate and 
relevant health and safety concerns throughout our 
organisation, so far as is reasonably practicable.
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Annual ESG Report 2022

ESG 
GOVERNANCE
6

TAKING CARE OF TOMORROW
Human rights
ESG Governance
6
At Haarslev, we strive to do business right through a
value-based strategy aimed at ensuring the safety,
development and training of our staff.
As an international provider of rendering and related 
processing solutions, Haarslev has a global network of 
business partners. Our suppliers are located throughout 
the world, and we are well aware that specific risks may 
occur among other business partners with regard to 
human rights, labour discrimination, child labour and 
other issues.
We strive towards making sure our most important
suppliers act in full accordance with the Haarslev Code
of Conduct to eliminate any such risks.
We expect our business partners to always support and 
respect the protection of the UN Universal Declaration 
of Human Rights and the Core Conventions of the 
International Labour Organization (ILO), and that our 
partners’ businesses are not complicit in any abuse of 
human rights.
However, we do not have a separate policy that is 
specifically about human rights – even though these 
rights are important to Haarslev. We have the principles 
of human rights and rights at the workplace integrated 
in the Haarslev employee code of conduct. With that, 
Haarslev undertakes to support and respect human 
rights and core conventions of the International Labour 
Organization (ILO). Furthermore, human rights issues 
are an integrated part of the Haarslev employment 
policy, covering matters that include non-discrimination, 
freedom of association and the right to safe, healthy 
working conditions. Human rights policy issues have 
been strengthened in our corporate codes of conduct 
for commercial partners as well as employees, and 
special focus has been allocated to issues associated 
with non-discrimination, forced/child labour, and 
freedom of association. We are not aware of any 
violations concerning human rights in Haarslev in 2022.
During 2022, we have asked all our key suppliers to sign 
and comply with the Haarslev code of conduct as well as 
investigate the opportunities to carrying out additional 
ESG screening of selected suppliers and setting 
standards for our suppliers through a global supplier 
policy. As of now, we have 154 signed supplier codes of 
conducts for 2023 and we will continue approaching all 
Haarslev suppliers for their signatures on similar code of 
conduct agreements.
0
HUMAN RIGHTS 
VIOLATIONS IN 2022
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TAKING CARE OF TOMORROW
Compliance and business ethics
ESG Governance
6
We run our business in accordance 
with principles for good governance, 
in order to avoid any risk of unethical 
business practices, such as using 
illegal means to obtain an advantage.
Our governance principles have 
full backing right from board level, 
via a strong, holistic approach to 
compliance and risk.
All our governance policies are shown 
on the company intranet, which is 
available for all Haarslev employees. 
Other key company policies about 
compliance and good business ethics 
are available at www.haarslev.com 
CODE OF CONDUCT AND 
WHISTLEBLOWER PROGRAMME
The Haarslev Code of Conduct was implemented in 2017, 
and is revised and renewed every second year. The 
Haarslev Code of Conduct contains the guiding principles 
for the way we strive to conduct our business and was 
reviewed and updated in 2022.
Haarslev works with two different versions of the Code 
of Conduct: one for our suppliers, agents and business 
partners (“Partner Code of Conduct”) and one for our 
employees (“Employee Code of Conduct”), which has been 
sent out to all new employees throughout 2021 and 2022, 
as part of their onboarding process.
The Partner Code of Conduct is published and available 
at haarslev.com. Business partners, such as agents and 
distributors, have to sign the Partner Code of Conduct 
before initiating any business with Haarslev.
The Employee Code of Conduct has been translated into 
seven languages to make sure all employees have a good 
understanding of this important framework for good 
conduct.
A whistleblower policy and programme have been 
implemented to support our Code of Conduct and – in 
particular – if a violation occurs, in order to ensure 
a structured, responsible process when suspected 
violations of the Code of Conduct, laws or business rules 
have been detected and for reporting any suspicion of 
unacceptable behaviour within Haarslev. Any concerns 
about such events or behaviour can be reported 
anonymously via haarslev.com. We are not aware of any 
incidents involving corruption, bribery, discrimination or 
legal breaches having occurred in Haarslev during 2022.
We have a working partnership with PwC to increase 
the value creation provided by our internal training 
programme about business ethics.
The training programme includes information about 
Haarslev’s policy for anti-corruption and bribery. This 
policy requires a zero tolerance for corruption and bribery. 
Haarslev also has a zero tolerance for inappropriate gifts, 
entertainment or other business courtesies. Any breach 
of such Haarslev policies may put the company, its brand, 
its employees, and its products or services at substantial 
risk.
Any violation of the Employee Code of Conduct must be 
reported to the General Manager or Human Resources/
Legal department in Group, which will handle the case 
properly.
We are in the process of preparing a new e-learning 
system regarding business ethics as an alternative to 
the present solution provided by PwC. This will be a key 
deliverable for 2023. 
The reason for this new solution is:  
•	We can provide e-learning to all relevant employees 
globally without limited availability. 
•	We will be able to use results from the e-learning to see 
where there is a need for training.
•	All relevant employees will be obligated to complete the 
e-learning programme before their first day at Haarslev, 
with once-a-year follow-ups.
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TAKING CARE OF TOMORROW
Compliance programme
ESG Governance
6
The Haarslev compliance programme 
consists of local regulations, internal 
guidelines and Haarslev procedures 
used to comply with appropriate 
legislation, rules and regulations.
The Group Legal department examines 
the applicable rules laid out by 
government bodies, and is responsible 
for implementing this compliance 
programme within Haarslev.
 
DATA AND COMPLIANCE
The Employee Code of Conduct includes a special focus 
on the work environment, including employee privacy. 
We have policies about the work environment in place in 
order to ensure compliance with the Code of Conduct, 
including a data protection policy. We believe that 
these efforts have contributed positively to the work 
environment at Haarslev during 2022.
The EU General Data Protection Regulation (GDPR) has
been in effect since 25 May 2018, and Haarslev complies
with these requirements at an overall level. However, we
do not currently have a dedicated data ethics policy as
described in the § 99d in the Danish Financial
Statements Act because we for the time being do not
have automatically generated data and algorithms done
by a computer. We began such data ethics policy work 
in 2022, and we will continue this work in 2023. We also 
continue to maintain a strong focus on data and
customer privacy, and will also continue to train, educate
and inform our employees about matters and issues
within the scope of GDPR provisions. During 2022, we will
maintain our focus on GDPR requirements in order to
make sure Haarslev continues to handle sensitive data
correctly.
The compliance programme will be re-assessed 
on a regular basis in order to comply with latest 
developments and initiatives with regard to human 
rights, and to align all necessary Haarslev legal 
initiatives within one, unified framework.
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TAKING CARE OF TOMORROW
Compliance programme
ESG Governance
6
Our analysis of Haarslev Scope 3 
emissions shows that around 90% 
of the company’s carbon footprint 
derives from this particular 
category of emissions. We have 
used spend-based analysis to 
highlight hotspots in this emissions 
profile, and will use this information 
to work actively with our suppliers.
To strengthen our overall 
governance framework, we aim 
for supplier screening being 
implemented as a working 
procedure in near the future.
With the appointment of an ESG 
Manager, we will approach the SBTi 
initiative during the coming year. 
This will require in-depth analysis 
of Scope 3 emissions, and a move 
from spend-based to activity-based 
analysis and reporting. We plan to 
carry out the work in cooperation 
with qualified Normative as partner.
Finally, we will further investigate 
opportunities for beginning a more 
stringent ESG screening process of 
suppliers that we consider crucial 
to our business, that have a high 
Scope 3 carbon footprint or that 
are found to be a high-risk supplier 
from a governance perspective.
SUPPLY CHAIN
CYBERSECURITY AND THE 
HAARSLEV BACKBONE
At a time when digitalisation is 
accelerating exponentially, strong IT 
governance is crucial for safeguarding 
our business and the Haarslev 
intellectual property that helps give us 
a key competitive edge.
It is also vital for protecting both 
our own data and the data of our 
customers, suppliers and business 
partners.
Prevention is vastly better than any after-the-fact cure. 
We strive to implement and maintain strong, robust 
procedures, frameworks and systems to detect and 
prevent a broad spectrum of IT threats and possible 
“accidents”. We also focus on our ability to deal with any 
such events promptly and effectively if and when they 
do arise.
Haarslev launched its first stringent, company-wide IT 
security policy in 2019. In order to strengthen our focus 
on cybersecurity, we resolved to set a strong team with 
specialist skills and forward-looking capabilities that put 
us in a strong position to keep up with rapidly changing 
IT tools and technologies, and to act preventively and 
proactively.
We continuously train and educate our employees in all 
aspects of good data management, IT governance and 
security, and make IT security a key part of our practical 
mindset in day-to-day operations as well as in systems 
design and company planning throughout the Haarslev 
Group.
In the course of 2022, we planned a global risk 
assessment in order to highlight our current status with 
regard to IT governance and security. We will kick off the 
actual assessment primo 2023. These measures will also 
identify concrete improvements that we can make to 
the Haarslev IT infrastructure in order to modernise our 
IT setup and data management practices still further, to 
minimise the risk of IT security breaches and to prepare 
us to conduct robust operations in an increasingly digital 
future.
33
Annual ESG Report 2022

KPIS AND
SUMMARY
7

TAKING CARE OF TOMORROW
KPIs and Summary
7
Scope 1 
NEW FLEET POLICY To reduce the company’s consumption of fossil fuels, we introduced a new car policy 
about the use of vehicles, insisting on only electric or hybrid cars wherever these are available. Any deviation from
this fleet policy must be supported by a proper cause and approval from senior management. This approach has 
been carried out since 2021 and is continued through 2023.
ELECTRIFICATION We also continue with striving to electrify other areas of the company’s activities, and 
move away from the use of fossil fuels in general. Whenever possible, we are replacing our gas and diesel forklifts
and stackers with corresponding electric equipment, on an ongoing basis.
Scope 2
RENEWABLE ENERGY In 2023, we will continue to investigate opportunities for shifting to renewable 
energy sources. From 1 January 2022, we moved to 100% renewable electricity in Denmark, where we have our head 
office and main production site.
For our new German office for Haarslev Press Technology, we selected a building fitted with solar panels to 
increase the share of renewable energy, and we will continue this focus through 2023.
LED LIGHTS  In 2021, we initiated a large project of changing more than 1,300 lights to LED bulbs in 22 
production halls in Denmark. This is estimated to save approx. 850,000 kWh, while at the same time significantly
improving the light available, and hence making working conditions for our employees even better.
MONITORING Our partnership with IQ Energy Nordic focusing on “you can’t manage what you can’t measure”, 
has been running throughout 2022. One feature of this involved installing more than 90 sensor monitors at Haarslev 
facilities in Denmark to provide live monitoring of the company’s energy consumption. Initial findings show 
potential annual savings amounting to approx. 800,000 kWh.
We are looking further into these potential savings, as well as continuing to implement other relevant 
improvements.
Scope 3*
DATA INSIGHTS We now have a 3-year baseline for the company’s Scope 3 emissions, which gives us a 
deeper insight into hotspots and helps us prioritise our efforts. The analysis indicates that raw material, major 
components and the use of sub-suppliers together account for a large part of our Scope 3 emissions. We will 
continue to improve our data quality and insights in the coming years, and move the focus from spend-based to 
activity-based analysis.
SUPPLIER MANAGEMENT In 2022, we initiated a supplier management programme in which we 
investigate opportunities for engaging with key suppliers. This will involve screening them with regard to ESG 
criteria as well as taking a collaborative approach to identifying suitable emissions-saving projects. We will make 
supplier management a key focus in 2023. 
* Spend based
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Annual ESG Report 2022

TAKING CARE OF TOMORROW
Governance data and KPIs
KPIs and Summary
7
Metric
2021
2022
Measurement
Standard
Environmental
GHG 
emissions
Scope 1 GHG emissions
2,042
1,793
Tonnes CO2e
GRI 305-1
Scope 2 GHG emissions
3,710
2,404
Tonnes CO2e
GRI 305-2
Scope 3 GHG emissions
62,844
59,120
Tonnes CO2e (upstream)
GRI 305-3
Scope 1 GHG emissions intensity
10.6
8,2
Tonnes in CO2e/EURm 
Revenue
GRI 305-4 (a-c)
Scope 2 GHG emissions intensity
19.3
11
Tonnes in CO2e/EURm 
Revenue
GRI 305-4 (a-c)
Scope 3 GHG emissions intensity
327.3
271
Tonnes in CO2e/EURm 
Revenue
GRI 305-4 (a-c)
Share of renewable electricity
20%
30%
%
GRI 302-3 (a)
Metric
2021
2022
Measurement
Standard
Social
Employment
Number of FTE (at year end)
909.5
934
Number
Employee turnover
8%
14%
%
GRI 401-1 (b)
Diversity
Total FTE ratio
17%
24%
Female / male ratio
GRI 203-2 
(indirect), 102-
8 (a) (indirect) 
and 401-1 (a&b)
Executive team (global 
management team)
6% 
11% 
Female / male ratio
GRI 405-1 (a.i & 
b) and 102-22
Board of directors
0%
0%
Female / male ratio
GRI 405-1 (a.i & 
b) and 102-22
Employee 
development 
and dignity
Engagement survey
84%
NA
% of participation
Leadership training
23
12
Total participants
GRI 404-1 (all)
Female participants in leadership 
training
30%
17%
Female distribution in %
GRI 404-2
Non-discrimination policy
Yes
Yes
Policy in place
GRI 406-1
Incidents of discrimination
0
0
Number
GRI 406-1
HSE
Global HSE policy
Yes
Yes
Policy in place
GRI 403
Number of incidents
56
31
Number
Human rights
Child and forced labour policy
Yes
Yes
Policy in place (code of 
conduct)
GRI 408, 403-10 
(a.i)
Human rights policy
Yes
Yes
Policy in place (code of 
conduct)
Number of human rights 
violations
0
0
Number
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Annual ESG Report 2022

TAKING CARE OF TOMORROW
Governance data and KPIs
KPIs and Summary
7
Metric
2021
2022
Measurement
Standard
Governance
Supplier 
mangement
Business ethics policy for 
suppliers
No
Yes
Partner code of conduct
GRI 308-1 (all), 
414-1 (all)
Share of suppliers that have been 
screened for compliance and ESG
0
0
% of signed
GRI 308-1 (all), 
414-1 (all)
Compliance
Ethics and anti-corruption policy
Yes
Yes
Policy in place
GRI 205-2 (a-b, 
d-e) (indirect)
Share of managers who have 
completed Haarslev business 
ethics training
51%
19%
% of managers
Whistleblowing channel in place
Yes
Yes
GRI 102-17 (all), 
207-2 (b)
Number of whistleblower cases
1
0
Policy in place
GDPR
Data privacy policy (GDPR)
Yes
Yes
Number
GRI 418-1 (all)
Data ethics policy
No
No
Policy in place
Substantiated complaints 
concerning breaches of 
customer privacy
0
0
Policy in place
GRI 418-1 (all)
ESG 
reporting
Sustainability report published
Yes
Yes
Number
Management approach to ESG
Yes
Yes
Comment
GRI 103-2 (all)
Focus on specific Sustainable 
Development Goals
Yes
Yes
Comment
External audit of ESG reporting
No
No
Comment
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TAKING CARE OF TOMORROW
GHG calculations
KPIs and Summary
7
To calculate Haarslev’s actual 
greenhouse gas emissions, we teamed 
up with Normative. The Normative 
Emissions Accounting Engine follows 
the Greenhouse Gas Protocol, the 
widely used international protocol for 
carbon accounting.
This engine uses science-based 
emissions data and a combination 
of spend-based, activity-based 
and supplier-specific methods to 
calculate a company’s greenhouse gas 
emissions.
Each business activity that gets 
inserted into Normative is paired with 
a corresponding emissions factor, to 
then calculate Haarslev’s total carbon 
footprint.
The business activity consists of the actual data inputs 
that Haarslev provides to Normative – in terms of litres, 
km, kWh, €, etc.
The emissions factor represents the amount of 
greenhouse gases emitted for each activity. The results 
from the Normative Carbon Accounting Engine are 
always validated by Normative Sustainability Experts.
The Normative Carbon Accounting Engine uses emissions 
data from government databases, academic studies, 
company reports and regulatory disclosures. These are 
regularly updated by Normative Sustainability Engineers.
FOR SCOPE 1
For vehicles and fuel use, conversion factors from the UK 
Department of Environment, Food and Rural Affairs and 
Ecoinvent are used.
FOR SCOPE 2
For electricity consumption, the Normative Carbon 
Accounting Engine calculates the market-based 
emissions. Market-based means the supplier-specific 
emissions factor provided by the utility provider, 
also including renewable certificates if these were 
purchased, or residual mixes where no supplier is 
disclosed.
Normative can also calculate location-based emissions, 
where the average supplier mix of the particular 
country is used instead. Both methods are accepted by 
the Greenhouse Gas Protocol.
FOR SCOPE 3 
For spend-based calculations, the EXIOBASE Multi-
Regional Environmentally Extended Input Output 
(EEIO) Model is used to calculate upstream emissions. 
Normative calculates the “cradle-to-gate” emissions 
generated by the purchased product or service, based 
on every transaction to a supplier, that supplier’s 
economic activity sector and the multi-regional EEIO 
emissions factor.
For Scope 3 calculations in which activity data is used, 
other scientific sources and emissions factor databases 
are used, including DEFRA, Idemat, Quartz and EPDs.
(BUSINESS ACTIVITY × EMISSIONS FACTOR) = COMPANY CARBON FOOTPRINT
38
Annual ESG Report 2022

Haarslev Industries A/S • Bogensevej 85
DK-5471 Søndersø • Denmark
Telephone: +45 63 83 11 00
Email: info@haarslev.com
www.haarslev.com
GLOBAL EXPERIENCE - LOCAL PRESENCE 
For questions related to this report 
please contact us at ESG@Haarslev.com
FOR A BETTER
TOMORROW