Elanders AB (publ)
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:37,616 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:24,750 tCO2e/year
Scope 2 Emissions:12,866 tCO2e/year
Renewable Energy Share:53% of total energy use
Total Energy Consumption:176,416 MWh/year
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced scope 1 and 2 GHG emissions by more than nine percent from the previous year.
- Increased the portion of purchased renewable electricity from 51 percent to 53 percent.
- Life Cycle Management handled over 85,000 units, resulting in estimated emissions savings of around 24.5 thousand tons CO2e.
Social Achievements
- Continued work on developing a formal, group-wide gender equality plan.
- Created the People and Culture Council in 2021 to address employee working conditions and human rights.
- Initiated an extensive employee survey in 2022 to identify employee experiences and priorities regarding sustainability.
Governance Achievements
- Updated Anti-Corruption Policy and Code of Conduct communicated to all companies in the Group.
- Binding Corporate Rules (BCR) approved by the Swedish Authority for Privacy Protection (IMY).
- Continued work on sustainable procurement through annual audits, self-assessments and documentation reviews.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero GHG emissions over the entire value chain by 2050.
Medium-term Goals:
- Reduce GHG emissions within scope 1 and 2 by 75 percent by 2040.
Short-term Goals:
- Reduce Group GHG emissions from own operations (scope 1 and 2) by 50 percent and value chain emissions (scope 3) related to own operations by 30 percent by 2030.
Environmental Challenges
- Difficulty in accessing data and calculating value chain emissions (scope 3).
- Transition to electric vehicles comes with challenges such as higher electricity consumption and indirect emissions in the production chain.
- Varying local waste removal systems make consistent waste management challenging.
Mitigation Strategies
- Continued mapping of the entire Group’s value chain emissions (scope 3) and development of an action plan to reduce emissions.
- Continuous review of opportunities to phase out fossil fuel-driven vehicles.
- Implementing local steps to increase the amount of recycled waste and preventative measures to improve resource efficiency.
Supply Chain Management
Supplier Audits: Annual audits, self-assessments and documentation reviews.
Responsible Procurement
- Elanders’ Code of Conduct for suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient transportation solutions
Reporting Standards
Frameworks Used: GRI, Greenhouse Gas Protocol, EU Taxonomy
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 13 (Climate action)
Elanders' climate targets and initiatives to reduce emissions and increase renewable energy use contribute to these goals.