A new 2020 Climate Policy
Lyreco`s new 2020 Climate Policy, sets the new CO2 reduction targets based on the Science-Based Targets Initiative (SBTi) methodology.
The Science Based Targets initiative (SBTi) is a joined initiative by CDP, the UN Global Compact, the World Resources Institute and WWF.
Its mission is to increase corporate ambition on climate action by activating companies to set greenhouse gas emission reduction targets to less than 1.5ºC / 2°C, in line with the Paris Agreement on Climate Change.
Supporting the initiative, Lyreco will first define targets based on 2 Key Performance Indicators
- Reduction of greenhouse gas emissions relating to Scope 1 (direct emissions) and Scope 2 (indirect energy emissions).
- Reduction of greenhouse gas emissions relating to Scope 3 (other indirect emissions) that are under Lyreco’s control, namely business travels, waste and Lyreco branded products (1)
A pilot will be launched by the end of 2020, led by our Scandinavian subsidiary.
Committed to carbon reduction
Lyreco's current carbon reduction targets were set in 2010 as part of the Eco-Future CSR strategy 2012-2018.
Progress has been measured using a specific method applied by all subsidiaries: the Lyreco Carbon Footprint Calculator.