Environmental

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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

01.

Responsible consumption and production

Lowering our impact on the environment and energy usage

02.

Affordable and clean energy

Making sure we source and use sustainable energy

03.

Climate action

We’re committed to doing business sustainably and responsibly

Our Ambition

We updated our CO2e emissions reduction goal in 2021, working alongside the ESG Steering Committee. Our target is a 37.5% reduction by 2039 for our Scope 1 and 2 emissions compared to 2019 levels on a like-for-like basis.

We’ve established the following interim milestones to track our progress towards our target by 2039.

2029

Reduce Scope 1 and 2 emissions by 16% compared to 2019.

2034

Reduce Scope 1 and 2 emissions by 26% compared to 2019.

2039

Reduce Scope 1 and 2 emissions by 37.5% compared to 2019.

These reduction targets are consistent with the Paris Agreement ‘Well Below 2°C’ scenario and in support of SDG 13: Climate action. This means that we will compare our actual emissions in 2039 to the baseline year of 2019, without adjustment for expected growth and increased production levels between 2019 and 2039.

Reduction in Energy Consumption

We’ve achieved net reduction in the consumption of electricity over the last three years. The vast majority of this reduction is related to the COVID-19 pandemic and the microchip shortage, while a smaller portion is related to our energy efficiency projects.

Energy intensity

Intensity factor (CO2eT per €m revenue)

Energy intensity

Global electricity consumption (kWh)

Greenhouse Gas Emissions

Our GHG emissions have decreased from our 2019 baseline year significantly. This is, to a large extent, due to volume reduction related to COVID-19 and the microchip shortage. We have also reduced emissions by switching to renewable energy – particularly in the UK and Spain.

Scope 1 emissions

Global Scope 1 emissions (CO2eT)

Scope 2 emissions

Global Scope 2 emissions (CO2eT)