How TRICOR streamlines ESG reporting through the Cozero and Sunhat partnership
Key results
Headquartered in Bad Wörishofen, Germany, the TRICOR Group is the European market leader for innovative packaging solutions. The industry specialist offers its customers a wide range of sustainable packaging and customized multi-material systems. As a reliable partner, TRICOR’s market experts review the entire value chain of their customers and thereby minimize costs and transportation risks.
TRICOR's commitment to sustainability
TRICOR's mission is to create better packaging and thus make a positive contribution to its customers, society and the environment. With its innovative packaging solutions, the company ensures that the products of global industrial customers from numerous sectors reach their destination safely.
By using sustainable materials, promoting climate-friendly processes and energy solutions as well as recognized certification methods, TRICOR improves product protection and the environmental footprint of packaging solutions for its customers.
The TRICOR Packaging & Logistics AG is among the top 5% of companies that have received the EcoVadis Gold Medal in 2024 for their sustainable commitment in the areas of environment, sustainable procurement, labor and human rights, and ethics.
The pace of change in sustainability is rapidly accelerating and brings added complexity, requiring companies to adapt continuously to meet new expectations. Furthermore, TRICOR aims to halve its CO2 consumption by 2030.
To meet these targets, while also optimizing and streamlining their data management and ESG reporting efforts, TRICOR joint forces with the two SaaS companies Cozero and Sunhat.
Laying the groundwork for centralized ESG reporting
The Sustainability Management Department, which was founded in 2024, had to process ESG ratings using the basic data from the existing IMS system (ISO 9001, 14001, 45001, 50001) while gaining new insights for a sustainable future.
In addition to the extensive sustainability reporting requirements, other challenges included tight deadlines for the submission of EcoVadis and CDP report submissions and upcoming CSRD regulations.
Against this backdrop, the team was looking for a solution to streamline and standardize data collection. At the same time, they needed to derive strategic insights from the emissions data. In addition, expert guidance was needed to adapt to changing conditions and meet client expectations for clear and transparent reporting.
"With the right motivation, the right team and the right solutions, anything is possible," says Markus Wegele, Sustainability Manager at TRICOR.
The Sunhat & Cozero moment
TRICOR chose Cozero and Sunhat for a comprehensive solution, as the two platforms offer complementary strengths. TRICOR uses Sunhat to systematically collect, approve, and store data, particularly to be able to respond to EcoVadis, CDP and the upcoming CSRD. Sunhat's sustainability experts guided TRICOR through best practices and compliance, ensuring high-quality submissions.
Furthermore, Cozero enables TRICOR to meet CSRD ESRS E1 requirements, enabling the calculation of carbon footprints such as CCF and PCF while also providing actionable analytics for internal decision-making.
The synergy between Cozero and Sunhat will also ensure an effective integration of data between both systems, laying the groundwork for centralized ESG reporting.
How TRICOR uses Sunhat & Cozero
With Sunhat’s Customer Success Team providing hands-on support, they submitted accurate, framework-compliant data to meet pressing EcoVadis and CDP deadlines. This collaboration not only earned TRICOR Packaging & Logistics AG the EcoVadis Gold Medal but also positioned the company as a reliable partner capable of sharing verified data with its customers.
Using both Cozero's and Sunhat's systems, TRICOR has been able to prepare for its CDP and EcoVadis submission in 2024. Data management is a work in progress and to increase transparency and move away from modelled data, the team will explore opportunities for increased supplier engagement moving into 2025. Starting from January 2025, the team will also start data collection for the CSRD report in 2026.
Markus Wegele, Sustainability Manager: "What we appreciate most is the good communication and quick response time from Sunhat and Cozero, which has enabled us to achieve the current success of our sustainability management.”
TRICOR is well on its way to achieving its long-term sustainability goals. Their success demonstrates how the right combination of technology and expertise can help businesses navigate complex reporting landscapes while delivering tangible benefits.
Result: Centralized ESG reporting
Through the integration of Sunhat & Cozero, TRICOR laid the groundwork for their centralized ESG reporting. They have achieved the following as a result:
- Streamlined compliance reporting for CSRD, CDP and Ecovadis: They have now implemented processes that make compliance with the requirements more efficient. This reduces the reporting burden and ensures the accuracy of the information provided, providing a reliable sustainability profile.
- Advanced carbon footprint calculations for CSRD: These analyses make it possible to accurately calculate the carbon footprint and develop strategies to reduce emissions, resulting in a positive environmental impact and cost efficiency. This data could be transferred into Sunhat and will now be used for CSRD reporting.
- Improved customer trust through data transparency: By handling information openly and continuously improving its sustainability performance, the company secures a clear competitive advantage.
By proactively adapting to changes and consistently improving their strategies, TRICOR is poised to become a leader in sustainability, benefiting both their business and their clients in an evolving market.
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