Eton Group AB
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:12601 tCO2e/year
Scope 1 Emissions:65 tCO2e/year
Scope 2 Emissions:242 tCO2e/year
Scope 3 Emissions:12294 tCO2e/year
ESG Focus Areas
- Legacy for Longevity
- Consideration for the Planet
- Empower People
- Prosperity for Transformation
Environmental Achievements
- Calculated Climate Emissions on 96.8% actual data, with only 3.2% estimates – including Scope 3.
- 43% reduction in scope 1-2 emissions compared to 2018 base year.
- 95% drop in emissions caused by refrigerant leakage.
Social Achievements
- Certified as a Great Place to Work® with 93% employee participation.
- Launched a Diversity and Inclusion Steering group.
- Made supply chain fully public, including gender parity and collaboration length.
Governance Achievements
- Sharpened goal to be climate neutral by 2050 to 2035.
- Introduced a Sustainability Coordinator role.
- Re-invented Sustainability Steering Group with senior decision-makers.
Climate Goals & Targets
Long-term Goals:
- Climate neutral by 2035
Medium-term Goals:
- 100% sustainable fibers in all shirts and accessories by 2030
- Absolute reduction of scope 1–2 emissions by 50% by 2030 and of scope 3 emissions by 30% by 2030
Short-term Goals:
- 100% organic or recycled cotton by 2025
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic.
- High percentage of air freight in transportation (30% of total emissions).
- Majority of raw materials conventionally grown.
Mitigation Strategies
- Cost-control measures and finding new ways to drive business during the pandemic.
- Initiated a new packaging project to reduce boxes and air transportation.
- Working towards 100% organic or recycled cotton by 2025 and 100% sustainable fibers by 2030.
Supply Chain Management
Supplier Audits: No audits for negative environmental or social impacts performed in 2021.
Responsible Procurement
- Code of Conduct aligned with UN Global Compact principles.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Increased transportation costs, new tariffs/duties, material cost increases
Opportunities
- Increased demand for durable, sustainable products
Reporting Standards
Frameworks Used: GRI Standards: Core Option: GRI 1: Foundation 2021
Certifications: OCS (Organic Content Standard) and RCS (Recycled Claim Standard) received in January 2022
UN Sustainable Development Goals
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 12
- SDG 13
- SDG 15
Eton's initiatives contribute to these goals through various actions detailed in the report.
Sustainable Products & Innovation
- Transitioning Signature Twill to organic cotton.