Climate Change Data

Stena Recycling Sweden

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:172,214 tCO2e/year
Scope 1 Emissions:24,289 tCO2e/year
Scope 2 Emissions:1,308 tCO2e/year
Scope 3 Emissions:146,617 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:46.8 kg CO2e per ton of material handled in 2021

ESG Focus Areas

  • Climate Change
  • Circular Economy

Environmental Achievements

  • Reduced emissions by 4 percent in 2021, mainly due to reduced emissions from transportation.
  • Achieved a 62 percent reduction in Scope 1 and 2 emissions and business travel emissions between 2010 and 2020 (target was 40%).
  • Increased use of renewable fuels, phased out heating oil and switched to origin-labeled electricity.

Social Achievements

  • Not disclosed

Governance Achievements

  • Committed to the Science Based Targets initiative in spring 2021, aiming to set ambitious climate targets in accordance with the 1.5 °C goal.

Climate Goals & Targets

Long-term Goals:
  • Become climate neutral in own operations.
Medium-term Goals:
  • Reduce absolute emissions in scope 1 and 2 by 70 percent by 2030 (from 2020 baseline).
  • Reduce absolute emissions within the first six categories in Scope 3 by 30 percent by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Transportation sector is crucial to achieving climate goals and depends on the full transformation of society and rapid technical development of climate-friendly transportation solutions.
  • Emissions in Scope 3, categories 1–6, increased by 2 percent in 2021, primarily due to a 30 percent increase in emissions from purchased products and services, as well as capital goods.
Mitigation Strategies
  • Focus on continuous oversight of logistics solutions to achieve greater efficiency, move long-distance transportation from road to rail, and further develop partnerships with haulage contractors and shipping companies to achieve the transition to fossil-free road and sea transportation.
  • New vehicles and machinery must be electric or run on renewable fuel (as far as technically possible).
  • Focus on recycled materials in own procurement and investment activities to increase opportunities for materials recycling and processing.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Focus on recycled materials in own procurement and investment activities.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GHG Protocol

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed