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Icebear Steenwijk – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Icebear Steenwijk and our clients can access the reseach on their Bloomberg terminals.
Icebear Steenwijk is in the materiality based sector of CHEMICALS, PAPER/FOREST PRODUCTS, CONTAINERS/PACKAGING.
Our ESG risk research of Icebear Steenwijk
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Icebear Steenwijk and combined this with fundamental understanding of ESG challenges and risks of different activities and for the CHEMICALS, PAPER/FOREST PRODUCTS, CONTAINERS/PACKAGING sector. This makes us well placed to estimate the ESG risks of Icebear Steenwijk. We have published a 33 pages ESG research report on Icebear Steenwijk with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Icebear Steenwijk.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Icebear Steenwijk:
20-40 of 100
High risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Icebear Steenwijk has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Icebear Steenwijk:
20-40 of 100 – High risk
35.39 %
Social RISK RATING* and WEIGHT** for Icebear Steenwijk:
20-40 of 100 – High risk
35.39 %
Governance RISK RATING* and WEIGHT** for Icebear Steenwijk:
20-40 of 100 – High risk
29.21 %
About the company:
Icebear Steenwijk B.V. is a private limited liability company, incorporated and domiciled in the Netherlands. The Company is located in Steenwijk, the Netherlands. IceBear owns and operates a 12.5 MW Combined Heat and Power plant (CHP) fuelled by virgin wood chips that produces green energy in the form of electrical power, steam, and hot water. IceBear has invested in production lines to make composite pallet blocks from recycled waste wood and the green energy from the CHP. Surplus energy (electricity and thermal) after the production of pallet blocks is sold to the grid or as hot water to external companies. Hot water is sold locally for environmentally friendly weed control and other purposes. IceBear is part of the circular and sustainable economy and uses recycled wood to make new products. Following the completion of the composite pallet block production lines, the company utilizes more than 90% of its energy production for composite pallet block production and is a major contributor to reducing CO2 emissions and transforming recycled wood into sustainable products.
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