Barco

*Calculation updated in line with CSRD requirements

*Calculation updated in line with CSRD requirements

Substances of concern and substances of very high concern

Management Approach

Barco actively manages environmental, health, and safety-regulated substances through a detailed Barco Regulated Substance List, which includes prohibited substances and those restricted to specific applications. This management process has been in place since 2014.

Product Compliance Requirements: Every component delivered by suppliers must meet Barco Product Compliance requirements, including compliance with worldwide regulations such as RoHS and REACH, ecodesign requirements, ERP, and SCIP. By implementing the Barco Substance List, the company goes beyond current legislation by restricting the use of specific chemicals or requiring declaration of specific substances.

Full Material Declarations (FMD): Barco collects applicable signed hazardous substance declarations of conformity for all active components, ensuring all components are covered by relevant compliance data. The collection of FMDs goes beyond what is required by regulation, allowing Barco to anticipate future regulations. In 2024, 84% of active components were covered by FMDs.

Do No Significant Harm (DNSH) - Pollution Prevention and Control: Since 2014, Barco has actively managed environmental, health, and safety-regulated substances by maintaining a detailed list of prohibited substances and those restricted in use to specific applications: the Barco Regulated Substance List. Barco has also implemented a management process for hazardous substances, ensuring compliance with relevant EU regulations and directives, thereby meeting the specified DNSH criteria.

Supplier Engagement: Barco provides training to suppliers on various sustainability areas, including environmental compliance and ecodesign. In 2024, the company focused on raising awareness about potential restrictions, current reporting obligations on PFAS/PFOS, and upcoming expiration of RoHS exemptions. The company actively discussed substitution plans and shared knowledge on where these substances may be present.

Circularity Context: The Technical Screening Criteria (TSC) for circular economy (CE 1.2) imply substitution requirements that are not realistic for Barco's industry. The company does not consider alignment with CE 1.2 for reporting year 2024 due to strict requirements concerning the use of hazardous substances.

Quantitative Data

Barco does not disclose total tonnages of substances of concern (SoC) or substances of very high concern (SVHC) generated, used, or procured in the reporting period.

Note

While Barco has established comprehensive processes for managing regulated substances and REACH compliance, including the Barco Regulated Substance List and FMD collection for 84% of active components, the company does not report quantitative tonnage data for substances of concern or substances of very high concern as expected under ESRS E2-5.

E5-4 Resource Inflows

Barco reports resource inflows metrics for the first time in 2024, in line with CSRD requirements. The material resource flow corresponds to goods purchased during the reporting year, representing the aggregated weight of finished products or components used to assemble finished products subsequently placed on the market.

Overall Material Resource Flow

In 2024, Barco assembled 4,869 tonnes of finished products that were subsequently placed on the market.

Material Composition

*Calculated values based on percentages reported.

The reported material resource flow includes 13% of biological materials, including packaging. "Biological materials" are defined as materials that are wholly or partially derived from biological origins. For Barco, the relevant biological material streams are wood and cardboard.

Certification of biological materials: Currently, Barco does not enforce a dedicated certification scheme, which means the company cannot claim any certified percentage of biological materials, resulting in a 0% certification rate.

Secondary and Recycled Materials

In the material resource flow of procured goods, 7.3 tonnes, or 0.15% of the total mass flow, consist of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture Barco's products and services (including packaging).

This value represents the actual aggregated post-consumer recycled (PCR) mass weight per procured good with more than 10% recycled content. Only parts made with dedicated, specified producer polymer blends or certified by the manufacturer are included in this value.

Scope and Methodology

The material resource flow covers a non-limitative list of goods that are procured, including:

• Adhesives, PCBA, computer components
• Connectors and cable assemblies
• Cooling systems, display components
• Electronic filters, mechanical components
• Integrated circuits, packaging material
• Power supplies

Examples of materials in the mass flow are: mechanical fixations, PCBA components, plastic parts, connectors, sheet metal, packing material, fans, optical components, and cables.

Resource outflows

Recyclability and recycled content

Recyclable content: The products and materials placed on the market (including packaging) have the potential to enter the recycling stream. The recyclable content rates have been aggregated for all goods purchased during 2024. Products are assessed as placed on the EU market using Econinvent EU data. Recyclability is expressed as a percentage of the product mass that can serve as manufacturing input (End of Life - Recycling Input Rate) and calculated using the Makersite recyclability app.

18.8% of the mass of procured goods is considered recyclable.

Secondary reused or recycled components: In the material resource flow of procured goods, 7.3 tonnes, or 0.15% of the total mass flow, consist of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture products and services (including packaging). This value represents the actual aggregated post-consumer recycled (PCR) mass weight per procured good with more than 10% recycled content. Only parts made with dedicated, specified producer polymer blends or certified by the manufacturer are included in this value.

Product durability

All Barco products are considered when measuring the resource outflow of products and materials. The durability of products is represented by their typical operational lifetime in the field as intended. As no industry averages are available or publicly disclosed, it is not possible to provide a comparison to industry benchmarks for this initial reporting year.

Average expected lifetime by product category:

Repairability

Barco notes that the French Durability/Repairability Index and Belgian Repairability Index are to be considered as the official rating systems. Nevertheless, both indexes have B2C consumer products in scope. As a B2B company, Barco currently does not apply the repairability index but is closely following the evolutions in the different member states.

Design for circularity

Barco's ecoscore methodology embeds several criteria to boost the circularity of products:

• Improving the re-use, upgradability and modularity
• Facilitating the repair
• Raising the use of recyclable and recycled materials, both in products and in their packaging
• Focusing on improving material efficiency by making products more robust/long lasting and reducing the number of accessories

The circular design criteria are integrated into the New Product Introduction (NPI) process and taken into account when selecting suppliers. A concrete example is the sourcing of PCR plastics to integrate in products.

Product return and recycling programs

Every Barco product comes with a user manual giving customers guidance on how to handle the end-of-life stage, and also a recycling passport that offers recycling information specifically for recyclers. Customers can return used products to recycling partners free of charge.

In 2024, 69% of revenues were generated in countries where Barco participates in and offers product return and recycling programs. Where no structured program is in place yet, ad-hoc recycling and collection services are offered. All recycling partners are expected to be ISO 14001 certified and comply with legislation regarding the prohibition of e-waste export.

Waste

Waste from own operations

The two main sources of solid waste at Barco are packaging materials (waste from own operations) and waste from repair activities. At the end of 2024, total solid waste amounted to 1,776 tonnes, a 17.6% increase compared to 2023 (1,510 tonnes). In relative terms, total solid waste is 1.9 tonnes/mio euro revenues versus 1.4 tonnes/mio euro revenues in 2023 – an increase that is attributable to extra waste in repair activity at US offices.

In 2024, the recycling rate for solid waste rose to 81%. This is the highest rate ever achieved (+ 1% vs. 2023), primarily thanks to the selection of better waste recycling partners in the US. Barco aims to increase the recycling rate to 85% by 2027.

In 2024, Barco managed to restrict the percentage of landfilled waste to 2%, in line with 2023 (due to repair activities in the US). The target is zero waste to landfill by 2027.

Waste by type and disposal method (2024)

Summary table

Waste management approach

Consolidation of all quantitative ESG data follows the operational approach principles, unless otherwise specified. Waste recycling is part of Barco's 5S audit system, where the presence of different waste recycling bins is checked.

Actions to minimize company waste (2024 and ongoing):

• Guide suppliers of incoming components and products on how to reduce packaging
• Raise awareness amongst suppliers to use recyclable packaging materials
• Encourage employees to sort waste efficiently and correctly
• Launch concrete projects in US plants to improve the recycling rate of plastic waste streams

Scope: The footprint covers 100% of Barco's activities, including all operating sites (manufacturing, R&D, offices, warehousing). All major manufacturing and research & development sites (in Belgium, China, Italy, Germany, India, Norway, Taiwan and US) are covered largely by primary data. These sites cover over 90% of the Barco owned surface. Smaller sites were estimated using benchmark data.

Gender breakdown:

Geographical distribution:

Functional group distribution:

R&D employees:

*For 2024, including integration of Cinionic