In December 2023, we committed to the Science Based Targets initiative (SBTi). This means that by December 2025, we must have formulated and validated our targets.
We have committed to the near-term science-based emissions reduction targets, which means that we will:
- Reduce our absolute Scope 1 + 2 emissions by at least 4.2% per year, starting from our base year 2022.
- Achieve a total reduction of at least 42% in Scope 1 + 2 emissions by 2030.
- Include 67% of our Scope 3 emissions in a reduction target.
We are already taking important steps to achieve these goals. For example, all our locations in the Benelux now run on 100% green electricity. Additionally, a large part of our Scope 3 emissions comes from our suppliers. To make an impact, they must also commit to SBTi. Major suppliers such as Avery and UPM have already done so, marking a significant step in reducing our total CO₂ footprint.
We are currently finalizing our carbon footprint calculations, which are 85% complete. Within 2-3 months, we expect to set the first reduction targets, which will then be submitted for validation by SBTi. We are working on this in collaboration with ClimateCamp.
As these targets apply at the group level, they will be discussed in the upcoming international management meeting.
Together, we are working towards a more sustainable future!