Environmental
Select sub-section
Carbon
Own Operations
We strive to reduce our energy usage in our transport, logistics and general operations, helping us to adhere to the following SDGs.
SDGs
Responsible consumption and production
Lowering our impact on the environment and energy usage
Affordable and clean energy
Making sure we source and use sustainable energy
Climate action
We’re committed to doing business sustainably and responsibly
Our Ambition
In 2022, we engaged a consultant to assist us to develop updated, GHG emissions reduction targets in line with a 1.5°C model and consistent with the SBTi. As a result of the work in 2022, and early 2023 we developed targets and submitted our targets for approval to the SBTi. Our 2023 approved SBTi target is a 50% reduction of our Scope 1 & 2 and a 30% reduction of our Scope 3 emissions by 2030 compared to 2021 levels on a like-for-like basis.
We have set clear goals and commitments to targets in order to help protect the environment, these include the following:
SBTi approved GHG reduction targets for absolute reduction of Scope 1 & 2 emissions by 50% from a 2021 baseline by 2030.
SBTi approved GHG reduction targets for absolute reduction of Scope 3 emissions by 30% from a 2021 baseline by 2030.
90% landfill avoidance (i.e. 90% of our waste must not enter landfills) by 2030.
80% recycling rate by 2030.
Reduction in Energy Consumption
One of the critical areas of our GHG emission reduction strategy is the reduction of energy consumption across our manufacturing footprint. In 2024, we have built on the energy efficiency programme that was initiated in previous years. We have surveyed our plants with respect to the building envelope and energy consuming processes and completed a selective audit process. We have now developed energy efficiency management teams in the Europe, Middle East & Africa (EMEA), North America and Asia Pacific regions. These teams are in the process of reviewing plant-level energy efficiency and conservation potential. We have also set operational energy and emissions reduction targets to ensure alignment to our long-term corporate emissions targets.
Energy intensity
Intensity factor (CO2eT per €m revenue)
Energy intensity
Global electricity consumption (kWh)
Greenhouse Gas Emissions
Overall we have seen a reduction in GHG emissions in Scope 1 & 2 categories from 2023 to 2024, 220,208 tCO2 e to 186,378 tCO2 e or approximately 15% decrease, respectively. We noted a decrease in our total energy consumption by approximately 6% compared to 2023. It was possible to also achieve this decrease in emissions with a 4.4% decrease in revenue compared to the previous year. As such, we have now achieved a 28% reduction in our Scope 1 & 2 emissions from our 2021 baseline.
Scope 1 emissions
Global Scope 1 emissions (CO2eT)
Scope 2 emissions
Global Scope 2 emissions (CO2eT)
