Protect and preserve the future
EGGER has always acted with future generations in mind and makes decisions carefully. We manufacture products from the central raw material in active climate protection: Wood. Wood binds CO2 – an advantage that also comes into play in our wood-based materials. However, our responsibility for climate protection does not end with the manufacture of sustainable products.
“As a wood-based material manufacturer, our business model has always been linked to environmental and climate protection. We therefore see it as our duty to reduce our climate-impacting emissions. In this way, we want to ensure that we can also enable future generations to live and work sustainably with our climate-friendly wood-based materials."
Thomas Leissing, CFO & Speaker of the Group Management
As a manufacturing company, we keep a close eye on the greenhouse gas emissions that occur in our value chain. We are therefore taking a significant step and establishing an ambitious, forward-looking climate strategy to reduce our Group-wide carbon footprint.
EGGER is committed to reducing its climate-impacting greenhouse gas emissions in line with the Paris Climate Agreement. EGGER is committed to the Net Zero target by 2050.
The Net Zero target means that emissions must be removed from the atmosphere at the same rate as they are produced.
EGGER has developed a comprehensive Group-wide approach to steadily reduce its climate-impacting emissions to Net Zero by 2050. We are clearly focusing on reduction, not compensation outside our value chain.
Our starting point
The basis of any targeted climate strategy is the transparent, verified and regular accounting and disclosure of greenhouse gas emissions in all three scopes. We have repeatedly analysed our corporate carbon footprint in depth. For the base year of our climate target 2022, it is as follows.
Our Corporate Carbon Footprint
- Scope 1 accounts for 10% of our carbon footprint: Direct release of climate-impacting emissions in our plants (e.g. natural gas, own motor vehicle fleet)
- Scope 2 accounts for 14% of our carbon footprint: Indirect release of climate-impacting emissions through purchased energy (e.g. purchased electricity)
- Scope 3 accounts for 76% of our carbon footprint: Indirect release of climate-impacting emissions in our upstream and downstream value chain (e.g. glue, paper, freight)
A way in stages: Interim targets until 2030
It will be challenging to make the Net Zero 2050 target a reality. The commitment is trend-setting for EGGER and requires comprehensive measures in many areas of the company. On the way to Net Zero, we set ourselves milestones and interim targets.
We have set ourselves the following milestones by 2030:
- We will reduce our direct emissions from our plants (Scope 1) by at least 30% by 2030.
- We will reduce our indirect emissions from purchased energy (Scope 2) by at least 40% by 2030.
- We will reduce indirect upstream and downstream emissions (Scope 3) by at least 10% by 2030.
We have analysed in detail how we can achieve these ambitious targets. In the first step, we will define and implement concrete investment plans and purchasing strategies for reductions in Scope 1 and Scope 2. The reduction of emissions in Scope 3 is the greatest challenge. Here, we are working together with our business partners on new technical, technological and process-related solutions.
We are approaching the ultimate target of Net Zero step by step. We will regularly communicate transparently on the status of target achievement.