Climate Change Data

Boxon Group AB

Climate Impact & Sustainability Data (2023-01-01 to 2023-12-31)

Reporting Period: 2023-01-01 to 2023-12-31

Environmental Metrics

Total Carbon Emissions:1513 tCO2e/year
Scope 1 Emissions:318 tCO2e/year
Scope 2 Emissions:91 tCO2e/year
Scope 3 Emissions:1104 tCO2e/year
Renewable Energy Share:79%
Total Energy Consumption:3071468 kwh/year
Water Consumption:657 m3/year
Waste Generated:264.5 tons/year
Carbon Intensity:6.47 tCO2e per FTE

ESG Focus Areas

  • Sustainable packaging
  • Climate neutral
  • Fair & Equal

Environmental Achievements

  • Reduced absolute CO2e emissions by 24% compared to 2019, despite a 35% turnover increase.
  • 80% of Boxon's sites are FSC certified.
  • Implemented full traceability of each article's Product Carbon Footprint (cradle to grave), verified by MyClimate.
  • 55% of sales come from packaging products with FSC certification, products with at least 30% recycled material, and products meeting their criteria as sustainable products.

Social Achievements

  • 100% of Boxon employees have a living wage.
  • Donated 35,500 Euros to various social organizations.
  • 80% of Boxon’s sites are FSC certified.
  • 69% of suppliers delivering fiber-based products are FSC certified.

Governance Achievements

  • Approved Science Based Targets for CO2e reduction in line with the 1.5°C target.
  • Received a Gold rating from EcoVadis, placing Boxon in the top 2% of companies globally.
  • 100% of suppliers have signed Boxon's Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Reach net-zero emissions by 2045.
Medium-term Goals:
  • Decrease CO2e emissions by 50% by 2030 (compared to 2019 levels).
Short-term Goals:
  • Decrease CO2e emissions by 30% by 2025 (compared to 2019 levels).
  • Increase sales of packaging solutions based on recycled material by 30% by 2025 (compared to 2022 levels).

Environmental Challenges

  • Supply chain disruptions due to global challenges (inflation, conflicts, climate change)
  • Increasing environmental/regulatory demands related to single-use plastics and packaging waste.
  • Dependency on transportation and potential for non-optimized transport leading to increased CO2 emissions.
  • Price increases in raw materials impacting profitability.
  • Risk of greenwashing.
Mitigation Strategies
  • Close cooperation with suppliers and customers to reduce emissions and develop circular packaging solutions.
  • Closely monitoring changes in legislation and adapting products accordingly (e.g., removing PVC).
  • Optimizing logistics flows to minimize transport-related CO2 emissions.
  • Sourcing and business model that adapts to market price variations.
  • Using facts and third-party verification (e.g., EcoVadis, MyClimate) to ensure transparency and avoid greenwashing.

Supply Chain Management

Supplier Audits: 146/year (60% of active suppliers)

Responsible Procurement
  • Supplier Code of Conduct & Requirements
  • Environmental and social criteria screening
  • Annual compliance processes and audits

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events affecting suppliers or transportation.
Transition Risks
  • Increasing regulatory requirements related to packaging waste.
Opportunities
  • Development of energy-efficient products and circular packaging solutions.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 14067, FSC

Third-party Assurance: Mazars Sweden

UN Sustainable Development Goals

  • SDG 5
  • SDG 12
  • SDG 13
  • SDG 15

Boxon's initiatives contribute to these goals through sustainable packaging, climate action, gender equality, and responsible consumption and production.

Sustainable Products & Innovation

  • Airwave Paperwave Bio
  • Reusable corrugated pallet support
  • Tape from recycled PET
  • FrameTray system

Awards & Recognition

  • EcoVadis Gold rating