Energy Efficiency, GHG Emissions, Industrial, Industrial - August 31, 2023
The LEGO Group Seeks Net Zero Emissions by 2050
The LEGO Group pledged to achieve net-zero GHG emissions by 2050 and submitted its intention to the Science Based Targets initiative (SBTi).
The toy company will work with the SBTi to develop a target that will cover Scope 1, 2 and 3 emissions. The pledge is an extension of its existing near-term climate target to reduce GHG emissions by 37% by 2032 from a 2019 base, which was previously approved by the SBTi.
“Our immediate priority is to meet our 2032 carbon reduction targets and we’re making progress across a range of initiatives,” said Niels B. Christiansen, CEO of the LEGO Group, in a statement. “This new, long-term goal will ensure that the decisions we make today will reduce our carbon footprint over the coming decades. It will also encourage future generations of LEGO employees, partners and suppliers to continue working with a sense of urgency to reduce the environmental impact of our business.”
The LEGO Group plans to triple its investment in environmental sustainability over the next three years, particularly in areas that will help reduce GHG emissions, spending more than $1.4 billion on sustainability-related activities.
The company’s goals include designing buildings and sites to be carbon neutral run. It is currently building two that are designed to be carbon neutral run and aim to secure Gold LEED certification.
Another goal is to increase capacity and production of renewable energy at its sites as well as take CO2 emissions into account across all business decisions.