Engage with suppliers and assess their carbon footprint

[S1-5.44] [MDR-T-80a-80j]

To address the positive impact of actively engaging with suppliers and business partners to establish a positive corporate culture and continuously promote sustainability awareness, we have defined an action focused on engaging with suppliers regarding their carbon emission reduction targets and sustainability practices. This annual engagement with numerous suppliers supports our goal of ensuring that 100% of our suppliers, covering 80% of Procurement spend, have carbon reduction targets in place by 2030.

[MDR-T-80a] Our goal of engaging with suppliers that cover 80% of procurement spend by 2025 to assess their carbon footprint, and ensuring that 100% of suppliers, covering 80% of our procurement spend, have carbon reduction targets in place by 2030, aligns with our commitment to transforming into a net-zero business by 2050. This commitment encompasses not only our own operations but also our product portfolio and other emissions along the value chain. To achieve this, we are dedicated to collaborating with our suppliers and customers to reduce emissions throughout the entire value chain.

2025

Carbon footprint assessment of 80% of Procurement spend

2030

100% suppliers covering 80% of Procurement spend have carbon reduction targets in place

Absolute target

Value chain activities

Upstream value chain – tier 1 suppliers

In scope

Suppliers within Procurement scope, according to Procurement Directive

Out of scope

All suppliers that are not within Procurement scope, according to Procurement Directive

Geographical coverage

Group-wide

Base year

2021

Baseline value in %

33

[MDR-T-80f] This KPI has been established to enhance the accuracy and transparency of Scope 3 emissions from purchased goods and services. We have adopted the 80/20 approach, focusing on suppliers that account for 80% of procurement spend to maximize impact. [MDR-T-80i] There were no changes made to this target or its corresponding metrics in 2024.

Status 2024:

[MDR-T-80j] 100% of suppliers covering >80% of Procurement spend engaged to assess their carbon footprint and define and run joint low-carbon initiatives. This target is reviewed annually.

Topics filter

Results