ASSA ABLOY publishes its Sustainability Report 2023
ASSA ABLOY publishes its Sustainability Report 2023
PR Newswire
STOCKHOLM, March 11, 2024
STOCKHOLM, March 11, 2024 /PRNewswire/ -- ASSA ABLOY, the global leader in access solutions, has today published its Sustainability Report 2023. During the year, the Group continued to make good progress on its sustainability program and targets to 2025.
In 2023, against the 2019 baseline, ASSA ABLOY reduced its absolute carbon emissions (Scope 1 & 2) by 23%, its water intensity by 51%, waste intensity by 25% and the injury rate was reduced by 20%.
"Our dedicated teams across the organization continued to implement focused projects, ensuring we are on a good path to realizing our 2025 targets," says Nico Delvaux, President and CEO ASSA ABLOY. "We are committed to delivering on our ambitious Science Based Targets (SBT), to halve our absolute Scope 1 & 2 carbon emissions and reduce absolute Scope 3 carbon emissions by 28% by 2030. Our long-term commitment to sustainability will provide significant opportunities to reduce our costs, reduce our climate risk, and to develop more sustainable solutions to meet our customers' needs," Nico Delvaux concludes.
Sustainability program improvements 2023 versus 2022
- The injury rate decreased by 25%
- The Group's total absolute Scope 1 & 2 carbon emissions decreased by 4%
- The water intensity decreased by 18%
- By the end of 2023 the Group had 246 Environmental Product Declarations verified and published.
ASSA ABLOY's Sustainability Report with detailed information about the Group's sustainability program can be found on: www.assaabloy.com/group/en/sustainability
For more information, please contact:
Charles Robinson, VP & Head of Sustainability, tel. no: +353 8 770 985 83
Björn Tibell, VP & Head of Investor Relations, tel. no: +46 08-506 485 73
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY's innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-publishes-its-sustainability-report-2023,c3943536
The following files are available for download:
Press release (PDF) | |
https://news.cision.com/assa-abloy/i/sustainabilityreport2023,c3276806 | SustainabilityReport2023 |
View original content:https://www.prnewswire.com/news-releases/assa-abloy-publishes-its-sustainability-report-2023-302085137.html
SOURCE ASSA ABLOY
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening In the Markets This Week
-
Can the Fed Declare Victory on Inflation?
-
After Earnings and a 56% Rally In 2024, Is Arm Stock a Buy, a Sell, or Fairly Valued?
-
How Morningstar Rates Stocks
-
After Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?
-
Home Depot Earnings: Macro Factors Pinch Demand, but Long-Term Outlook Intact
-
Tariffs On Chinese EVs Offer US Automakers a Chance to Capture Demand
-
The Best REITs to Buy
-
3 Hot Stocks to Buy That Still Look Undervalued
-
After Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?