Sustainability, innovation and resilience: Our takeaways from the Etex 2024 Annual Report
In a tough year for construction, Etex — URSA’s parent company — proved its strength with robust financial performance and bold steps forward in sustainability and innovation.
Strong results, despite the downturn
- Revenue: €3.77 billion
- REBITDA: €695 million
- €264 million capital expenditure, invested in operations, including a new state-of-the-art plasterboard plant in the UK
Key sustainability achievements
- -1.6% GHG emissions intensity (Scopes 1 & 2) vs. 2023
- +10% recycled input usage vs. 2023
- -17% absolute waste sent to landfill vs. 2023
- Committed to SBTi for science-based emissions targets
- Started aligning our reporting practices with ESRS, demonstrates our proactive approach to transparency, and preparing for CSRD
People-first culture
- 84% sustainable engagement in Me&Etex survey
- 86% of sites with zero lost-time accidents, and zero fatalities
- Over 3,600 employee recognition awards
- Global DE&I policy in 19 languages, with 100+ ambassadors
Innovation that drives impact
- 56% of innovation budget focused on sustainability
- Launch of new products with certified recycled content
- Industry-first Circular Content Declarations across brands
At URSA, we’re proud to contribute to this progress. Our thermal and acoustic insulation solutions are designed to reduce emissions, improve comfort and meet the most demanding sustainability standards.
Want to read more?
Access the full Etex 2024 Annual Report: Annual reports