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Essity’s Targets To Reach Net-Zero Emissions Validated by Science Based Targets Initiative
Essity’s Targets To Reach Net-Zero Emissions Validated by Science Based Targets Initiative
Published 09-12-24
Submitted by Essity
Originally published on Essity Newsroom
Hygiene and health company Essity’s targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact’s “Business Ambition for 1.5°C”.
Essity’s long-term target is to achieve net zero emissions across the value chain no later than 2050. The company's near-term Scope 1 and 2 target (energy use within the company and purchased energy) is to reach a 35% reduction by 2030 and the near-term Scope 3 target (including purchased goods and services, transportation, production waste and end-of-life treatment of sold products) has been updated from 18% to a 35% reduction within the same timeframe. All targets are relative to a 2016 baseline.
“Climate change is one of the defining issues of our time, and Essity has made a firm commitment to achieve net zero emissions by 2050. Our progress is driven by a sense of urgency throughout the organization, together with a strong innovation focus, and collaboration with customers, partners, and suppliers.” says Magnus Groth, President and CEO of Essity.
For additional information please contact:
Per Lorentz, VP Corporate Communications, +46 733 13 30 55 per.lorentz@essity.com
About Essity
Essity is a global, leading hygiene and health company. Every day, our products, solutions and services are used by a billion people around the world. Our purpose is to break barriers to well-being for the benefit of consumers, patients, caregivers, customers and society. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands such as Actimove, Cutimed, JOBST, Knix, Leukoplast, Libero, Libresse, Lotus, Modibodi, Nosotras, Saba, Tempo, TOM Organic and Zewa. In 2023, Essity had net sales of approximately SEK 147bn (EUR 13bn) and employed 36,000 people. The company’s headquarters is located in Stockholm, Sweden and Essity is listed on Nasdaq Stockholm. More information at essity.com.
Essity
Essity
Essity is a leading global hygiene and health company that develops, produces and sells Personal Care (Baby Care, Feminine Care, Incontinence Products and Medical Solutions), Consumer Tissue and Professional Hygiene products and solutions.
Our vision is; Dedicated to improving well-being through leading hygiene and health solutions. The name Essity stems from the words essentials and necessities. Sales are conducted in approximately 150 countries under many strong brands, including the leading global brands TENA and Tork, and other brands, such as Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 48,000 employees and net sales in 2017 amounted to approximately 12.8 bn USD (SEK 109bn, EUR 11.3bn). The business operations are based on a sustainable business model with focus on value creation for people and nature.
The company has its headquarters in Stockholm, Sweden, and is listed on Nasdaq Stockholm. Essity used to be part of the SCA Group.
About Tork
Tork is a brand of Essity. Essity is a leading global hygiene and health company that develops personal care, professional hygiene and consumer tissue products and solutions. Essity offers Tork paper towels, toilet paper, skin care products, facial tissue, wipers, wet wipes, napkins and other hygiene products for washrooms, wash stations, healthcare areas, food and beverage handling, food preparation, manufacturing and maintenance. For more information, visit http://www.torkusa.com/
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