Committed to Net Zero 2050
Egger is clearly committed to the Net Zero target by 2050. To achieve this, the wood-based materials specialist has set itself ambitious climate targets and is developing comprehensive packages of measures to drastically reduce climate-impacting greenhouse gas emissions across its entire value chain.
In the last financial year 2022/2023 alone, Egger’s wood-based products saved 6.4 million tons of CO2. The family-run company has always attached great importance to the effective and sustainable manufacture of its products. Today, 70 percent of the energy used already comes from renewable sources. Now the company is going one big step further.
“As a wood-based materials manufacturer, our business model has always been inextricably linked to environmental and climate protection. We therefore see it as our very own duty to reduce our climate-impacting emissions. In this way, we want to ensure that we can also enable future generations to live and work sustainably with our climate-friendly engineered wood products,” says Thomas Leissing, Group Head of Finance/Administration & Spokesperson for Group Management.
This self-image gives rise to a clear ambition to play a key role in creating a future worth living. Egger has established an ambitious, forward-looking climate strategy to reduce the Group-wide CO2 footprint.
Egger is committed to reducing its climate-impacting greenhouse gas emissions in line with the Paris Climate Agreement and is thus clearly committed to the “Net Zero” target by 2050.
The “net zero” target means that emissions must be removed from the atmosphere to the same extent as they are produced. Egger has developed a comprehensive Group-wide approach to steadily reduce its climate-impacting emissions and achieve net zero by 2050. The family-owned company is clearly focusing on reduction, not on compensation outside its own value chain.
The basis of any targeted climate strategy is the transparent, verified and regular balancing and disclosure of climate-relevant greenhouse gas emissions in all three scopes. The corporate carbon footprint for the Egger Group for the base year of the 2022 climate target is as follows The direct emissions of the plants (Scope 1) only account for 10 percent of the CO2 footprint. The indirect emissions from purchased energy (Scope 2) account for 14 percent. And finally, 76 percent, i.e. the vast majority, are generated as indirect emissions in the upstream and downstream value chain (Scope 3).
Egger has set the following interim targets for 2030: By 2030, direct emissions from our own plants (Scope 1) by at least 30 percent, indirect emissions from purchased energy (Scope 2) by at least 40 percent and indirect upstream and downstream emissions (Scope 3) by at least 10 percent. Details of the Egger Group’s climate strategy can be found at: to.egger.link/climate-strategy
Additional biomass power plants and photovoltaic systems are also being planned in order to continue to drive forward the decoupling from fossil fuels. Egger will also step up the purchase of electricity from renewable sources and work closely with its business partners on new technical, technological and process-related solutions, including with regard to the chemical raw materials used in the manufacture of products and transportation.
The company will communicate transparently on the status of its climate target achievement on an ongoing basis.