TEKNA HOLDING 2022 SUSTAINABILITY REPORT: Broader CO2 mapping and enhanced reporting transparency

22 Apr 2023 10:00 CEST

22.4.2023 10:00:01 CEST | Tekna Holding ASA | Non-regulatory press releases

2022 was another year of global challenges, but also of important achievements
towards meeting Tekna's sustainability commitments for 2030. Key improvements
include a 19% reduction of the Scope 2 emissions and a 20% reduction of our
energy intensity per kilogram of additive material produced compared to baseline
2019.

The Tekna Holding ASA Sustainability Report -
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20Sustainability%20Report%20(extract%202022%20Annual%20R
eport%20vF%20-%20title%20page%20updated).pdf was issued earlier this April.

"Tekna is in the process of revisiting its corporate purpose. Building on our
core, sustainability will play a more explicit role in our strategy. The vision,
mission and values for the corporation will integrate driving positive impact,
creating sustainable value for the company as well as society. Our
Sustainability vision consists of three parts: Circularity in our value-chain,
Business model resilience and Resilience across and for all stakeholders.", says
Luc Dionne, CEO.

Highlights in 2022 include:

* We have made great strides towards reducing our single-use plastic packaging
by finalizing the development of a universal and reusable container for
additive manufacturing powders. Given Tekna's projected volumes, the company
could avoid ~1 million tCO2e over the next five years.
* Tekna has submitted its first 25 suppliers to a business partner
sustainability due diligence process covering topics such as supply chain,
risk assessment, management systems, working conditions, social
responsibility, environment, anti-corruption, and conflict minerals.
* Last year, we communicated our ambitions to reduce CO2 emissions in scopes 1
and 2 by 50% by 2030. In scope 2 we realised a reduction of 19% compared to
2021 to 34 tCO2e (42 tCO2e) this was achieved mainly by regulating the office
temperature in Tekna's European offices.
* We have completed our initial baseline mapping of categories in scope 3, such
as Employee Commute, Business Travel, Waste, and Fuel and Energy related
activities. Tekna is well on its way to having a thorough understanding of
the emissions they directly influence.
* We signed the United Nations Global Compact, which is a voluntary initiative
based on the CEO's commitment to implement universal sustainability
principles (on Human Rights, Labour, Environment, Anti-corruption) and to
take steps to support UN goals.
* 345 Health and safety audits and awareness interactions took place between
management and personnel throughout the year.
* 62% of employees have passed with success the Cyber security training in 2022

''We have a solid foundation on which to build our sustainability journey. Our
manufacturing locations are based in countries where we can utilize clean
energy, such as renewable hydropower in Canada and nuclear power in France. Our
vision is to expand these sites to produce each metal powder in North America
and Europe, bringing our products closer to the point-of-use and creating supply
resilience through redundancy.'' - Arina van Oost, VP Corporate Strategic
Development and Innovation

For our second year of sustainability reporting, we have adopted a methodology
that further enhances transparency by publishing stand-alone reports on key
topics. On our website you can find the following reports: Sustainability Report
-
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20Sustainability%20Report%20(extract%202022%20Annual%20R
eport%20vF%20-%20title%20page%20updated).pdf, Human Rights and Transparency Act
Report -
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20Human%20Rights%20and%20Transparency%20Act%20Report%202
022%20vF.pdf, Carbon Accounting Report -
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20Carbon%20Accounting%20Report%202022%20vF.pdf, GRI
Report -
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20GRI%20Report%202022%20vF.pdf and the EU Taxonomy
Progress Report -
https://2094793.fs1.hubspotusercontent-na1.net/hubfs/2094793/Investor%20pages/Te
kna%20Holding%20ASA%20-%20EU%20Taxonomy%20Progress%20Report%202022%20vF.pdf. All
of which have been published earlier this April and cover the collective efforts
from the contributors in the Tekna ecosystem and value chain, including our
global subsidiaries in Canada, France, China and Korea.



*FY22 is the period from January 1st 2022 to December 31st 2022

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &
Innovation, Tekna, +1 438 885 6330, Investors@tekna.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials to industry,
headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in
the aerospace, medical and automotive sectors, as well as optimized induction
plasma systems for industrial research and production. With its unique,
IP-protected plasma technology, the company is well positioned in the growing
market for advanced nanomaterials within the electronics and batteries
industries.

Building on 30 years of delivering excellence, Tekna is a global player
recognized for its quality products and its commitment to its large base of
multinational blue-chip customers. Tekna's powder products increase productivity
and enable more efficient use of materials, thereby paving the way towards a
more resilient supply chain and circular economy.

https://www.tekna.com



ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/2262/3096/Download%20announcement
%20as%20PDF.pdf

LINKS

Link to download site for all the reports mentioned - https://www.tekna.com/esg

More information:
Access the news on Oslo Bors NewsWeb site

588260_Download announcement as PDF.pdf