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Our sustainability reporting

Our Sustainability report is an integrated part of our Annual and Sustainability Report. 

The  Sustainability report 2024 is developed in accordance with the GRI Standards 2021, but inspired by and structured in line with the European Sustainability Reporting Standards (ESRS) to prepare for the Corporate Sustainability Reporting Directive (CSRD). The Sustainability Report has been subjected to a limited assurance review by a third party, KPMG.

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GHG emissions1)

ktonnes CO2e

1) historical data restated following a change in methodology.

Share of renewable electricity

Percentage

Reporting frameworks

UN’s sustainability goals show the way

Our sustainability agenda coordinates our work in ensuring that we are a successful and sustainable Group that contributes to the UN Sustainable Development Goals, the EU’s Green Deal and the Paris Agreement.

From the UN’s 17 Sustainable Development Goals, we have identified two where Fagerhult Group can have the most impact as well as the greatest opportunity to make a positive contribution.

No. 11

Sustainable cities and communities

Make cities inclusive, safe, resilient and sustainable

Group 54 CopyCreated with Sketch.
No. 12

Responsible consumption and production

Ensure sustainable consumption and production patterns

Group 51Created with Sketch.

Science Based Target initiative

To ensure that we are a successful and sustainable Group that contributes to the UN Sustainable Development Goals, the EU’s Green Deal and the Paris Agreement we have developed climate goals validated by Science Based Targets initiative (SBTi). This means that we will reduce our greenhouse gas emissions according to the 1.5 degree target from the Paris Agreement and become net-zero by 2045. Our targets were validated by SBTi during 2023.

More about our work with STBi

UN Global Compact

As part of our commitment to sustainable and responsible business practices, we have embedded the Ten Principles of the United Nations Global Compact into strategies and operations, and committed to respecting human and labour rights, safeguarding the environment, and working against corruption in all its forms.