Measure to Improve

2030 goal: Measure all direct and indirect emissions generated as a result of our economic activity across the three emission scopes in a proven, methodical manner.

We are a “measure to improve” focussed company with strong emphasis on real impact. When setting targets for 2030, it has been important for us to assure that we understand the realities in own operations and in our value chain so that we can focus on the right areas. Considerable time has been spent to define the best possible tool to monitor the development in the years to come.

Since 2010, we have been reporting on our Scope 1 and 2 emissions plus our Scope 3 emissions related to logistics and travel (see box). Our reporting has been based on a simplified version of the principles outlined in the Greenhouse Gas Protocolwww.ghgprotocol.org. In 2019, we initiated a project together with external consultants, Klimakost/Asplan Viak and Material Economics, to assess emissions in reporting on scope 1, 2 and 3.//www.babytoobe.com/globalassets/images--blocks/themed-images--blocks/sustainability/klimakost-report-on-laerdal-june-2020.pdf

评估这三个范围给出了总二氧化碳情商uivalent (CO2e) emissions relevant for the company’s accountabilities. This represents a major shift and stems from a growing realization that a large portion of our CO2e emissions originates in our value chain but is nevertheless impacted by our decisions. If we want to change those decisions, we need to know their impact.

We have in our screening process learned about alternative reporting methodologies that will enable us to estimate our total CO2e emissions. By combining two these, we can see the full picture of the emissions from operations, a quantification of CO2e emissions from materials, and the impact of different decarboni-zation initiatives. Moving forward, we will use 2019 as our base-line being the first year we implemented the new methodology.

We believe there is an advantage by combining the two methods and then cross checking the results with our external partners.

For many emission categories the solutions to reduce emissions are often relatively straightforward - e.g. shifting to renewable electricity in production sites. In this regard, an estimation of the total CO2e footprint based on the input-output analysis gives enough information to make informed decisions. By using this type of methodology, it is also possible to monitor and compare emissions from year to year.

For emissions from a company’s materials use the assessment is usually much more complex: the CO2e footprint depends on the material composition of the products and the share of recycled vs virgin materials. The opportunity to reduce emissions is usually also larger, ranging from circulating products to a larger extent, recycling materials internally and externally, and shifting to renewable energy in the supply chain.