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Laulagun Bearings's Climate Report
Submitted on 2025-11-21
| Edited on 2025-11-21
The SME Reporting Tool
Introduction *
Commitment and Targets *
Own Emissions *
Value Chain Emissions *
(optional)
Climate Solutions *
(optional)
Governance, Strategy and Climate Risk *
(optional)
Results, Challenges and Outlook *
Version 3.0
Introduction *
1.1 End day of the reporting period
*2023-12-31
1.1.1 Reporting year
*2023
1.2 Describe your business activities
*Design, manufacture and marketing of special large-size bearings and slewing rings up to 5m outer diameter.
1.4 Number of employees on the end day of the reporting period
*325
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2050
2.1.1 Base year
*2023
2.1.2 Base year value
*2728.55
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*Our CSR policy defines a target of 50% of scope 1+2 emissions by 2030, in line with Paris Agreement.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action
*Yes, the plan and action include scope 1+2
Own Emissions *
Energy consumption
3.2 Total energy consumption
*5640912 kWh
3.3 Total renewable energy consumption
*4022086 kWh
Scope 1 emissions
3.4 Scope 1 emissions
*433.89 metric tons CO2e
Scope 2 emissions
3.5 Location-based scope 2 emissions
*2779.61 metric tons CO2e
3.6 Market-based scope 2 emissions
*2294.66 metric tons CO2e
3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?
*Yes
3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period
*Switch to renewable electricity
3.7.2 Provide any additional details
*Almost 100% of electricity at Laulagun Bearings Euskadi is renewable - only a small pabilion which is rented has electricity without origin certificate.
In India, the energy mix was improved during 2025 thanks to the agreement with a company which provides solar electricity, reaching around 80% of our needs.
The data introduced is from 2023, our reference year. We verified scope 1+2 emissions of 2023 in November 2025, that\'s why we use this data.
3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?
*Own internal calculations
3.8.1 Specify any additional details
*The carbon footprint from 2023, our reference year, which was verified in November 2025, is calculated in our own Excel calculator. The verification was done by DNV auditor.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?
*No
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.4 Have you communicated your commitment and actions to any of your customers?
*No
4.5 Which tools or methods did you use to calculate your scope 3 emissions?
*Other calculator (please specify)
4.5.1 Specify additional details
*We use AKTIO platform for calculating scope 3 emissions.
This scope 3 emissions haven\'t been verified by a third party.
Climate Solutions (optional) *
5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?
*No
Governance, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Person is responsible for climate strategy at board level
6.1.1 Please describe their position and responsibility.
*The Global QHSE director is managing all ESG issues. He pushes all the topics through different departments, and reports frequently in the Management Board.
The idea is to rethink our strategy at the beginning of 2026, so that we can integrate ESG strategy and scorecard together with the company strategy, so that we can gain efficiency and accelerate our sustainability journey.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve started to prioritise climate risks
6.2.3 Provide any additional comments or context on your climate risks:
*Right now we\'ve just started to identify risks and opportunities in our analysis of stakeholders. This is the first step. In 2026 we\'re going to take it further, so that we can prioritize risks in terms of time and financial impact.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
We have included climate change in our CSR policy.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*No
-
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*We have verified the emissions scope 1+2 of our reference year (2023). Now we need to review 2024 results, and calculate 2025 emissions in January 2026. We\'ll also calculate scope 3 emissions.
Once this information is available, we\'ll be able to compare these years: absolute values and intensity ratios (vs produced Tns and vs Worked hours).
To be honest, we started taking our first reduction actions in 2025, so we\'ll be able to check this year the reduction achieved. Now, with real and verified data, we need to be more ambitious with our actions.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Complexities in managing supply chain emissions
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
DNV auditor verified the scope 1+2 emissions in Laulagun (Euskadi+India) in 12th and 13th November 2025.
Laulagun Bearings's Climate Report
Laulagun Bearings's Climate Report - 2023
Introduction *
1.1 End day of the reporting period
*2023-12-31
1.1.1 Reporting year
*2023
1.2 Describe your business activities
*Design, manufacture and marketing of special large-size bearings and slewing rings up to 5m outer diameter.
1.4 Number of employees on the end day of the reporting period
*325
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2050
2.1.1 Base year
*2023
2.1.2 Base year value
*2728.55
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*Our CSR policy defines a target of 50% of scope 1+2 emissions by 2030, in line with Paris Agreement.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action
*Yes, the plan and action include scope 1+2
Own Emissions *
Energy consumption
3.2 Total energy consumption
*5640912 kWh
3.3 Total renewable energy consumption
*4022086 kWh
Scope 1 emissions
3.4 Scope 1 emissions
*433.89 metric tons CO2e
Scope 2 emissions
3.5 Location-based scope 2 emissions
*2779.61 metric tons CO2e
3.6 Market-based scope 2 emissions
*2294.66 metric tons CO2e
3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?
*Yes
3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period
*Switch to renewable electricity
3.7.2 Provide any additional details
*Almost 100% of electricity at Laulagun Bearings Euskadi is renewable - only a small pabilion which is rented has electricity without origin certificate.
In India, the energy mix was improved during 2025 thanks to the agreement with a company which provides solar electricity, reaching around 80% of our needs.
The data introduced is from 2023, our reference year. We verified scope 1+2 emissions of 2023 in November 2025, that\'s why we use this data.
3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?
*Own internal calculations
3.8.1 Specify any additional details
*The carbon footprint from 2023, our reference year, which was verified in November 2025, is calculated in our own Excel calculator. The verification was done by DNV auditor.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?
*No
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.4 Have you communicated your commitment and actions to any of your customers?
*No
4.5 Which tools or methods did you use to calculate your scope 3 emissions?
*Other calculator (please specify)
4.5.1 Specify additional details
*We use AKTIO platform for calculating scope 3 emissions.
This scope 3 emissions haven\'t been verified by a third party.
Climate Solutions (optional) *
5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?
*No
Governance, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Person is responsible for climate strategy at board level
6.1.1 Please describe their position and responsibility.
*The Global QHSE director is managing all ESG issues. He pushes all the topics through different departments, and reports frequently in the Management Board.
The idea is to rethink our strategy at the beginning of 2026, so that we can integrate ESG strategy and scorecard together with the company strategy, so that we can gain efficiency and accelerate our sustainability journey.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve started to prioritise climate risks
6.2.3 Provide any additional comments or context on your climate risks:
*Right now we\'ve just started to identify risks and opportunities in our analysis of stakeholders. This is the first step. In 2026 we\'re going to take it further, so that we can prioritize risks in terms of time and financial impact.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
We have included climate change in our CSR policy.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*No
-
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*We have verified the emissions scope 1+2 of our reference year (2023). Now we need to review 2024 results, and calculate 2025 emissions in January 2026. We\'ll also calculate scope 3 emissions.
Once this information is available, we\'ll be able to compare these years: absolute values and intensity ratios (vs produced Tns and vs Worked hours).
To be honest, we started taking our first reduction actions in 2025, so we\'ll be able to check this year the reduction achieved. Now, with real and verified data, we need to be more ambitious with our actions.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Complexities in managing supply chain emissions
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
DNV auditor verified the scope 1+2 emissions in Laulagun (Euskadi+India) in 12th and 13th November 2025.
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¿Listo para comprometerte a reducir tus emisiones?
Es fácil comprometerse. Solo tienes que completar un formulario compartiendo tu intención de reducir tus emisiones.
Ganarás reconocimiento público por tomar este primer paso.
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سوف تحظى باعتراف عام باتخاذك الخطوة الأولى.
Prêt à vous engager pour réduire les émissions ?
S’engager est simple. Il suffit de remplir un formulaire indiquant votre intention de réduire vos émissions.
Vous gagnerez une reconnaissance publique pour avoir fait le premier pas.
Redo att åta sig att minska utsläppen?
Det är enkelt att göra åtagandet. Fyll bara i ett formulär där du delar med dig av din avsikt att minska dina utsläpp.
Du kommer att få offentligt erkännande för att du tagit det första steget.
Pronto para se comprometer com a redução das emissões?
É fácil assumir esse compromisso. Basta preencher um formulário informando sua intenção de reduzir suas emissões.
Você receberá reconhecimento público por dar o primeiro passo.
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