Climate Change Data

Svedbergs Group (publ)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:54,349.5 tCO2e/year (2023)
Scope 1 Emissions:487.0 tCO2e/year (2023)
Scope 2 Emissions:201.9 tCO2e/year (2023)
Scope 3 Emissions:53,660.6 tCO2e/year (2023)
Renewable Energy Share:92.4%
Total Energy Consumption:6,817 GWh/year (2023)
Waste Generated:1,207 tons/year (2023)

ESG Focus Areas

  • Reducing the environmental impact of our products
  • Reducing greenhouse gas emissions
  • Resource efficiency
  • Wood from sustainable forestry
  • Corporate social responsibility
  • Corporate governance and business ethics

Environmental Achievements

  • Reduced CO2 emissions by 17.2% compared to 2021 (17.2% reduction in relation to net sales)
  • Increased renewable energy share to 92.4% in 2023
  • 100% of wood raw materials purchased came from environmentally certified sources in 2023
  • Reduced waste volume by 17.2% compared to 2021 (10.1% reduction in relation to net sales)
  • Svedbergs in Dalstorp switched to biofuel for sea transport from Asia
  • Roper Rhodes signed an agreement to use Sustainable Marine Fuels for sea transport from Asia
  • Production of several Environmental Product Declarations (EPDs)

Social Achievements

  • All Group’s companies are now certified according to Great Place to Work
  • Healthy presence increased by 0.6 percentage points compared to the previous year (97.6%)
  • Physical audits focusing on sustainability were carried out at 10% of the Group’s strategic suppliers (3 percentage points increase compared to the previous year)
  • Roper Rhodes employees volunteered one day annually at a local charity

Governance Achievements

  • Director of Sustainability became part of Group management in 2023
  • Quarterly monitoring of sustainability indicators started in 2023
  • Greenhouse gas emission reduction plans were developed for all subsidiaries
  • Updated Supplier Code of Conduct to adapt it to the growing Group
  • No whistleblowing cases received in 2023

Climate Goals & Targets

Medium-term Goals:
  • 50% reduction of CO2 emissions by 2030 compared to 2021
  • 100% share of renewable energy by 2030
  • 100% environmentally certified wood raw material by 2030
  • 20% physical audits of strategic suppliers per annum
  • 96.5% healthy presence by 2030
  • 35% reduction in total waste in relation to net sales by 2030 compared to 2021

Environmental Challenges

  • Climate change risks, particularly from purchased goods and product use
  • Water and marine resource risks (restrictions, conflicts, supply interruptions)
  • Biodiversity reduction through deforestation
  • Risk of high proportion of waste not being reused or recycled
  • Risks to employees and subcontractors related to hazardous chemicals
  • Risks of human rights neglect in production
  • Risk of corruption and unethical business practices
Mitigation Strategies
  • Reduction plans for each company
  • Sustainable water use practices for all suppliers
  • Use of wood raw material from sustainable forestry
  • Circular design principles in product development
  • Health and safety policy for hazardous substance handling
  • Systematic supplier evaluation and Code of Conduct signing
  • Supplier audits and Code of Conduct training

Supply Chain Management

Supplier Audits: 10% of strategic suppliers audited in 2023

Responsible Procurement
  • Code of Conduct for Suppliers
  • Risk assessments and evaluations before signing agreements with new suppliers
  • Use of amfori BSCI and SEDEX platforms for supplier audits
  • Regular risk assessments and dialogues with strategic suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions affecting production and transport
  • Droughts or floods affecting transport

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 9001 (Svedbergs), ISO 14001 (Svedbergs), Great Place to Work (all Group companies)

UN Sustainable Development Goals

  • Goal 3
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 12
  • Goal 13
  • Goal 15

The report details how initiatives contribute to these goals within each focus area.

Sustainable Products & Innovation

  • Poem furniture range (no plastic)
  • Basins made from wood chip material (collaboration with Woodio)