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Volati commits to the Science Based Targets initiative

Sustainability is central to Volati's long-term value creation. By joining the Science Based Targets initiative (SBTi), Volati has committed to setting sustainability goals in line with the latest climate research. Sustainability should be ingrained in all parts of the Group's work, with the ambition to shape the business culture that Volati’s companies build over time. For Volati, this means identifying and leveraging the opportunities that a well-developed sustainability work can create, in combination with managing and minimizing risks related to sustainability.

Since 2023, Volati has the target of reducing the company's scope 1 and 2 emissions by 40 percent by 2030, compared to the base year 2021, in line with the Paris Agreement's 1.5-degree target. By joining the SBTi, Volati is taking further steps in its sustainability efforts, which includes setting targets for scope 3 emissions.

– To reduce greenhouse gas emissions is one of the greatest challenges of our time, and it is our responsibility to contribute to this transition. Therefore, it is gratifying that we have joined the Science Based Targets initiative as an additional step in our sustainability commitment. This strengthens our long-term value creation as we also take responsibility for the environment," says Volati CFO Andreas Stenbäck.

Within 24 months, Volati will develop reduction targets and strategies in accordance with SBTi requirements.

More information about Volati's sustainability efforts can be found in the annual report and sustainability report for 2023.

Learn more about SBTi:
www.sciencebasedtargets.org/

Volati AB (publ)
Engelbrektsplan 1, SE-114 34 Stockholm
Tel: +46 8 21 68 40
Email: info@volati.se
Corp. reg. no.: 556555-4317

For further information, please contact:
Andreas Stenbäck, CEO Volati AB, +46 70-889 09 60, andreas.stenback@volati.se
Martin Aronsson, CFO Volati AB, +46 70-741 20 12, martin.aronsson@volati.se

About Volati
Volati is a Swedish industrial group with the vision to be Sweden’s best owner of medium-sized companies. Through value-creating add-on acquisitions and long-term, sustainable company development, Volati has been delivering consistently strong profitable growth since the start in 2003. The Group consists of the business areas Salix Group, Ettiketto Group and Industry, with operations in 22 countries, about 2,100 employees and annual sales of approximately SEK 7.6 billion. Volati’s ordinary shares and preference shares are listed on Nasdaq Stockholm. Further information is available at www.volati.se.

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Volati commits to the Science Based Targets initiative

Datum 2024-07-17, kl 13:15
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Volati commits to the Science Based Targets initiative
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