Nolato’s emissions targets gain SBTi approval

Nolato has chosen to pursue ambitious and structured climate work throughout the Group’s operations. An important part of this work has been setting science-based emissions targets in line with the Paris Agreement.

These emissions targets have now been validated and approved by the Science Based Targets Initiative (SBTi), which has established an emissions target framework in accordance with what science considers is needed to achieve the Paris Agreement’s aims of the world limiting global warming.

Validated and approved targets

As a company at the forefront of sustainable development, Nolato has long been dedicated to integrating environmental awareness into every aspect of our operations. Our validated near-term targets set a clear pathway for reducing greenhouse gas (GHG) emissions from our own operations, and throughout our entire value chain.

Nolato has made a commitment to reduce Scope 1 and 2 GHG emissions (direct emissions from the company’s operations and indirect emissions from the company’s energy consumption) by 70 percent by the year 2030, with 2021 as the base year. Nolato has also pledged to reduce Scope 3 GHG emissions (indirect emissions from the business life cycle) covering purchased materials and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and upstream leased assets by 25 percent by the year 2030, with 2021 as the base year.

Supporting customers

“The endorsement of our targets not only highlights our role as a frontrunner in sustainable development,” comments Christer Wahlquist, Nolato’s President and CEO. “It also strengthens our commitment to supporting our customers in achieving their environmental goals.

“Through initiatives like our EcoDesign model, we are striving to continuously increase the use of renewable and recycled materials, and create designs that allow products to become part of a sustainable loop and contribute to a circular economy.

“Nolato’s science-based environmental targets are part of a climate strategy that has already led to a significant reduction in greenhouse gas emissions over the past decade. Adapting our targets to the latest climate science findings will enable Nolato to continue to help mitigate the effects of climate change in line with the aims of the Paris Agreement, thus promoting a sustainable future.”