Svedbergs Group is working to reduce the company’s greenhouse gas emissions. These efforts contribute to the UN Sustainable Development Goals number 12 – Responsible Consumption and Production, and number 13 – Climate Action. Svedbergs Group’s highest emissions of greenhouse gases come from goods purchased, the use of products by customers and transport. The Group works continuously to define plans and measures to reduce emissions from its operations.
Sustainability goals
Climate change mitigation and adaptation goals – approved by SBTi.
Overall Goals: Svedbergs Group aims to achieve net zero greenhouse gas emissions across the entire value chain by 2050.
Short-term Goals (by 2030): Absolute greenhouse gas emissions within Scope 1 and 2 shall be reduced by 44% by 2030. • The share of renewable energy shall reach 100% by 2030. Scope 3 emissions shall be reduced by 51.6% per million SEK of value added by 2030. This target includes purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, and waste generated in operations. Long-term Goals (by 2050): Absolute greenhouse gas emissions within Scope 1 and 2 shall be reduced by 90% by 2050. Scope 3 emissions shall be reduced by 97% per million SEK of value added by 2050. The base year is 2021.
Additional Goal: Carbon dioxide emissions from Svedbergs operations shall be reduced by 50% from 2021 to 2030 relative to net sales.
Impact in the value chain
Energy use in connection with the manufacture of Svedbergs Group’s products accounts for a large proportion of the Group’s total emissions. This applies to both products purchased from external suppliers and those manufactured in the Group. The manufacture of products made of glass and porcelain is particularly energy intensive. Transport of incoming and outgoing products also generates greenhouse gas emissions and has a negative climate impact, as does travel by the Group’s employees.
In the years 2021 to 2024, the total volume of greenhouse gas emissions decreased by 20 percent measured in relation to sales. The decrease was mainly in Scope 3, goods purchased and transport.
Policies related to climate change
Climate Change Mitigation, Adaptation and Energy Policy. The policy provides a framework for how the Groupworks to mitigate the impact of its own operations andthe rest of the value chain on climate and the environment. The policy also addresses and manages identified physical climate and transition risks related to climate adaptation, as well as processes related to monitoring and managing greenhouse gas emissions and climate-related impacts, risks and opportunities across the organisation and the value chain.
The policy provides clear guidelines for shared commitments, targets and requirements related to mitigation of climate change, adaptation and energy use. The policy covers both the Group’s own operations and the rest of the value chain and applies to all Svedbergs Group subsidiaries, their employees (whether permanent, fixed-term or temporary) and their suppliers and subcontractors wherever they operate in the world.
Clear focus on long-term sustainability
Svedbergs Group endeavours to develop products with a long service life, gradually reduced environmental impact and high resource efficiency. This approach drives both competitiveness and customer value. Sustainability is an important item on the agenda both at Board level and in the Group management. Climate targets are integrated in governance and the overall business strategy has a clear focus on longterm sustainability. Environmental, social and financial aspects must be considered in all business decisions.
The products sold by Svedbergs Group are designed to have a long service life. When new products are developed, sustainability aspects and circular design principles are incorporated right from the idea stage. Using recycled materials to promote greater circularity, combined with active efforts to optimise and extend the service life of products, is a central part of product development and will become more so. Spare parts are readily available for much of the range.
The climate strategy is constantly evolving and is revised several times a year. This is done through regular discussions and updates of the reduction plans developed for each brand company. As the industry develops and more suppliers meet the Group’s requirements, Svedbergs Group aims to drive a transition in which the business model is developed in line with the goals of the Paris Agreement.
To provide clarity on what is required to reduce climate impact, Svedbergs Group has set a target to develop a number of Environmental Product Declarations (EPDs) for various products and product groups. Several EPDs were published during 2023 and 2024. More are expected to be published in 2025, and the work to develop EPDs for additional products is ongoing.
Transition plan for climate change mitigation
Svedbergs Group has developed a transition plan to mitigate climate change which has been approved and adopted by the Board and management. Action plans have been developed for each company and these will form the basis for a broader review and further development of the transition plan. Important aspects are factors such as the growth and overall development of the company. A key part of this work is the implementation of a circular business model, focusing on identifying both challenges and opportunities and specifying how this can be realised in practice. The development of the transition plan will continue in 2025.
Every year, a Climate Audit is carried out, in which greenhouse gas emissions in the value chain are analysed according to the Greenhouse Gas Protocol (GHG Protocol). The analysis is used to develop and adjust reduction plans and targets for all Group companies, and activities to prioritise greenhouse gas reduction measures adapted to each company.
Svedbergs Group calculates scope 1, 2 and 3 emissions annually and all data is verified by third parties. The Group’s work focuses on the areas identified in the annual climate impact reports produced, and efforts are directed towards the categories that cause the greatest impact. This applies in particular to indirect emissions in the value chain from goods purchased, transport and use of products sold. The emission reduction action plan is reviewed and updated annually, and the results of activities implemented are monitored against set targets.
Close collaboration with suppliers
Svedbergs Group’s primary measures to reduce climate impact are focused on the materials and products that the Group purchases. This work relies heavily on close collaboration with suppliers. The Group’s existing policies ensure that suppliers actively engage in climate and sustainability work and are open to collaboration to improve data collection and set their own climate targets. Ongoing dialogues with major suppliers ensure the development of products that reduce material use, increase the proportion of recycled materials and include alternative materials with lower climate impact. In addition, logistics providers are evaluated to prioritise those with a lower climate impact, while transport routes for inbound and outbound deliveries are optimised.
