We are committed to combating climate change and reducing climate emissions through both global and local efforts. In 2019, we introduced two ambitious new climate targets as part of our renewed strategy. Since we also need to commit to reducing the direct climate impact of our own activities, we refined our second target again in April 2020. The two targets are:
- To reduce customers’ greenhouse gas (GHG) emissions with our renewable and circular solutions by at least 20 million tons of CO2 eq annually by 2030;
- To reach carbon neutral production by 2035.
We also continuously identify, analyze, and measure the financial implications of climate change for our business. In 2019, we committed to applying the Task Force on Climate-related Financial Disclosures (TCFD) reporting principles to disclose climate-related financial risks in future reporting.
Read more about our carbon handprint.
Read more about our carbon footprint.