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Franklin Rooseveltlaan 172
8790 Waregem - Belgium
T: +32 (0)56 62 22 11
F: +32 (0)56 62 22 46
investor.relations@baltagroup-nv.com

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Our approach to the planet

As an integrated producer of soft floor coverings, we create carpets and rugs for homes across the world, manufacturing in Belgium and Turkey. Through our non-woven textiles division, Captiqs, we also produce textiles for use in industries including automotive, events, construction, printing and geotextiles.

We are reliant on polymers, polyester and polypropylene yarns or granules - derived from the petrochemical sector as the main material of our floor coverings, as well as jute, a natural fibre with harvests affected by climate; so the protection of our planet is of primary concern.

Alongside the need to reduce our carbon footprint to comply with the European Green Deal, as well as the governmental regulations on emissions in Belgium (federal and regional), Turkey and the USA; we must also be fully aware of the risks presented by climate change. Global warming, drought, rising sea levels and extreme weather all have the potential to impact our business and we are taking positive steps to minimise these risks.

From this year, we are beginning the process of disclosing climate-related financial information according to TCFD (Task Force on Climate-related Financial Disclosures) framework. We believe that adopting the TCFD framework will improve transparency for investors, lenders, insurers and other stakeholders.

Balta Group

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