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European Climate Pact

Overview

Location

Sweden

Sector

Manufacturing

Organisation type
Business

Company Information

Essity is a listed global Hygiene and Health company that develops, produces and markets personal care, tissue, professional hygiene, and medical device products in both consumer and away from home sales channels. It is headquartered in Stockholm, Sweden. In 2021, the company reported a revenue of 12 billion Euro and 46,000 employees.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Essity has a target to reduce absolute scopes 1 and 2 CO2e emissions 35% by 2030 from a base year of 2016. This is a year-on-year reduction rate of 2.5% over the next 9 years

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

     

    Forests

    North Star

    • Essity have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 1997. The commitment covers 100% of Timber products production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people)

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Forests 2022

    How we want to achieve this – our roadmap

    • Publicly commit to reduce or remove deforestation and/or forest degradation from its direct operations and/or supply chain in line with the New York Declaration on Forests 
    • Commit to zero gross deforestation
    • Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
    • Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
    • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
    • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
    • Publicly disclose data on forest-related impact to investors through a public platform
    • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
    • Have board-level oversight of forests-related issues
    • Have forests issues be fully integrated in all parts of long-term strategic business plans
    • Make a comprehensive forests-related risk assessment, that checks the following criteria: full coverage of relevant operations, considers risks beyond six years and availability of forest risk commodities, quality of forest risk commodities, impact of activity on the status of ecosystems and habitats, social impacts, and includes local communities; Stakeholders considered is local communities
    • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
    • Have a no-deforestation policy that checks the following criteria: general or commodity-specific, publicly available, and company-wide
    • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Forests 2022

     

    Governance & Strategy

    Our actions – the Pathway

    • Publicly disclose climate and environmental data to investors and customers through a public platform
    • Have board-level oversight of climate-related issues
    • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
    • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Climate Change 2022

     

    Buildings

    Our actions – the Pathway

    • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Climate Change 2022

     

    Value chain engagement

    Our actions – the Pathway

    • Have a supplier/customer engagement strategy designed to offer financial incentives for suppliers who increase the share of renewable energy in their energy mix
    • Have an ongoing and transparent dialogue with our value chain around climate-related issues

    MRV: Pact MRV in place

    Status date: Submitted (29/07/2022)

    Data source: CDP Climate Change 2022