Svedbergs

Sustainability is at the core of Svedbergs Group’s long-term strategy, and we have set ambitious, science-based targets to drive meaningful impact across our operations and value chain. The validated targets include:

Overall Net Zero Target

• Achieving net-zero greenhouse gas emissions across its entire value chain by 2050.

Near-Term Targets by 2030*

• Reduce absolute scope 1 and 2 GHG emissions by 44% from a 2021 base year.
• Increase active annual sourcing of renewable electricity from 78% in 2021 to 100%.
• Reduce scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations by 51.6% per million SEK value added from a 2021 base year.

Long-Term Targets by 2050*:

• Reduce absolute scope 1 and 2 GHG emissions by 90% from a 2021 base year.
• Reduce scope 3 GHG emissions by 97% per million SEK value added from a 2021 base year.

*The target boundary includes land-related emissions and removals from bioenergy feedstocks.

“The approval of our science-based targets marks a significant milestone in our sustainability journey. As an industry leader, we recognize our responsibility to drive meaningful change and lead the transition towards a more sustainable future. Through innovation, efficiency improvements and collaboration, we are committed to reducing our environmental footprint,” says Per-Arne Andersson, CEO of Svedbergs Group.

By setting and committing to science-based targets, we reinforce our role as a sustainability frontrunner in the European bathroom furniture industry.