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Midsona's Goal to Achieve Net Zero Emissions Approved by the Science Based Targets Initiative
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Small Cap Stockholm |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
Midsona's updated climate goals have been approved by the Science Based Targets initiative (SBTi). This marks an important step in the company’s efforts to contribute to the Paris Agreement's objective of limiting global warming.
Midsona commits to reach net-zero greenhouse gas emissions across the value chain by 2045, covering goals such as:
- Reduce emissions by 42% by 2030 from a 2022 base year, in scope 1 and 2, as well as scope 3 categories such as upstream and downstream transportation, waste generated by own operations, and waste treatment of sold products.
- 70% of Midsona's suppliers by spend, will have set science-based targets by 2028.
- Reduce emissions from FLAG (Forest, Land, and Agriculture) in scope 3 by 30.3% by 2030, and 72% by 2045.
- Achieve zero deforestation in primary raw materials linked to deforestation by December 31, 2025.
The approval is an important acknowledgment of Midsona’s commitment to actively contributing to the fight against climate change, both by addressing direct emissions from its own operations and other emissions throughout its value chain.
"Sustainability is a key part of Midsona's strategy, influencing the entire company agenda. Ensuring that we have climate reduction targets aligned with the latest science is therefore a crucial cornerstone of our environmental work. With our updated goals, we continue the journey we started earlier, with the clear end goal of reaching net zero emissions across our value chain by 2045. It is a big but necessary commitment contributing to limit global warming to 1.5°C," says Peter Åsberg, CEO and President of Midsona.
ABOUT THE SCIENCE BASED TARGETS INITIATIVE (SBTI)
The Science Based Targets initiative (SBTi) is a non-profit collaboration between CDP, the UN Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). By setting science-based targets, companies ensure that their climate strategies are in line with the latest climate science and the goals of the Paris Agreement. https://sciencebasedtargets.org/
FOR MORE INFORMATION, PLEASE CONTACT:
Peter Åsberg, CEO and president
Phone: +46 730 26 16 32
E-mail: peter.asberg@midsona.com
ABOUT MIDSONA
Midsona develops and markets strong brands within health and well-being, with products that help people live a healthier and more sustainable life, with an increased understanding of the origin of the raw material and with transparency as to the content. The Midsona share is listed on Nasdaq Stockholm. For more information www.midsona.com/en.