Climate Change Data

Bugaboo Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:38,394 tCO2e/year
Scope 1 Emissions:3,841 tCO2e/year
Scope 2 Emissions:34,553 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:25% (Xiamen factory)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced absolute product-related CO2e emissions by 5% despite increasing production.
  • Reduced average CO2e footprint per product by 22%.
  • Saved an estimated 800,000 kg of CO2e through circular business models (Certified Refurbished and stroller leasing services).
  • Achieved 69% absolute reduction in Scope 1 target three years early.
  • Installed solar panels on their Xiamen factory, generating 25% of its annual energy demand.
  • Reduced Amsterdam office Scope 1 and 2 emissions by 49%.

Social Achievements

  • Became the first global parental brand to be a certified B Corp™ company.
  • Increased factory worker wages, paying them 48% more than local living wages.
  • Donated around 2,200 products to those in need.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net-zero CO2 emissions by 2035.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 30% by 2026.
  • Reduce average per-product CO2e footprint by 47% by 2026.
  • Reach 100% renewable energy for all offices and factories by 2026.
  • Remove all single-use plastics from packaging by 2026.

Environmental Challenges

  • Rising costs.
  • Lack of robust global recycling infrastructure preventing sourcing post-consumer aluminum and achieving closed material loops.
  • Technical limitations sometimes forcing a return to the drawing board.
  • Difficulty in sourcing consistently high-quality post-consumer recycled aluminum in China.
  • Complexity of high-value textile recycling due to fabric coatings.
Mitigation Strategies
  • Focusing efforts on innovation rather than solely making incremental changes to Scope 1 and 2 emissions.
  • Using post-industrial recycled aluminum until a better alternative is available.
  • Investing in innovations for high-value textile recycling.
  • Developing alternative sourcing strategies.
  • Implementing an updated mobility program limiting the use of lease cars by employees (only hybrid or electric cars permitted).

Supply Chain Management

Supplier Audits: Regular formal supplier performance audits

Responsible Procurement
  • Minimum threshold of requirements aligned with ISO 9001, Responsible Business and Chemical Compliance, and Bugaboo's Restricted Substances List.
  • Training programs for suppliers on modern slavery prevention.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi), UN Global Compact

Certifications: B Corp™, EcoVadis Silver

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 3: Good health and well-being
  • Goal 8: Decent work and economic growth
  • Goal 12: Responsible consumption and production
  • Goal 13: Climate action

Not disclosed

Sustainable Products & Innovation

  • Bugaboo Butterfly (60% post-industrial recycled aluminum)

Awards & Recognition

  • Mercer Outstanding Health Practice Award for Healthiest Workplace 2022-2023