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Climate action

We are constantly working to reduce our CO₂ emissions in all three Scopes. Our efforts are anchored in three main pillars; Green production and E-mobility (Scope 1 and 2), Energy efficiency (Scope 2) and Decarbonization of value chain (Scope 3).

Our climate actions are paying off cutting 34% of the corporate CO₂e emissions from 2020 to 2021. Now, the journey continues.

Green power cable production

In 2021, all our factories have switched to using low carbon electricity significantly reducing our scope 2 emissions. This green move has played a key role in cutting our CO₂e emissions significantly in the past years.

The change in energy supply is documented by EU Guarantees of Origin, market-based instruments which are certified by an auditor. The guarantees provide proof that our electricity consumption is based on renewable energy for the power cable production in Germany, Denmark, Sweden, Norway, Poland and Czech Republic.

Decarbonization of value chain

An important element in our journey towards net-zero emissions is to decarbonize our value chain, which accounts for a significant part of our Scope 3 emissions.

In order to drive the decarbonization process forward, we are running a long-term supplier engagement program with our main suppliers to build a sustainable supply chain.

Using low-carbon copper sourced from a mine in Sweden for HVDC power cables production

EV-mobility and alternative fuel

Fuel for stationary and non-stationary equipment account for a significant part of our CO₂ emissions and reduction in fuel consumption is central to reducing our environmental impact.

We are converting processes and machinery to run on renewable energy or alternative fuel. The transition of our company fleet to electrical/hybrid vehicles (EV) has been initiated and to support this change, electric chargers have been installed at several sites. We have started the stepwise transition to electrical cars in 2021 and aim to have a fully electric fleet by 2025.

At the high-voltage power cable factory in Karlskrona, Sweden, the majority of forklifts are powered by electricity or biofuel, and the transition to alternative fuel has reduced CO2e emissions from internal logistics by 80% compared to 2020. Experience gained from the successful introduction of alternative fuel at the Karlskrona plant is now enhancing internal logistics company-wide.