Driving climate insights into action
Climate is a key focus for Nefab, and we strive to minimize the environmental impact in our customers' supply chains, reduce our carbon footprint in our operations and supply chains. In 2024, we submitted goals to the Science-Based Targets Initiative (SBTi) for approval by mid-2025, aligning Nefab's efforts with global climate mitigation goals.
Decarbonizing Customers' Supply Chains
Our strategy is holistic, carefully analyzing our customers' supply chains and designing enhancements for better transportation fill ratio and route optimization. We prioritize the use of low-carbon materials, lighter constructions, and improved end-of-life solutions. Our ultimate goal is to develop solutions that significantly reduce greenhouse gas emissions throughout the entire lifecycle of the product, and that are in line with our customer's top priority.
During 2024, we successfully continued to reduce GHG emission in our customers supply chains and reached over 1,7 Mtons CO2 (accumulated since 2021). Looking ahead, we have set ambitions targets for 2025 to reach accumulated 2,2 Mtons CO2eq reduction.
A Life Cycle Assessment (LCA) tool as a key step in our sales process
As part of our proactive approach towards environmental responsibility, we have implemented a range of strategies to assist our customers in reducing their CO2 emissions. A key component of this initiative is the integration of our Life Cycle Assessment (LCA) tool, GreenCalc in our sales process in order to provide our customers with a cradle to grave analysis of their packaging.
This tool, co-developed with Pre-Sustainability (Editor of the world leading Life Cycle assessment software SIMAPro) enables us to pinpoint potential improvements during the design phase and accurately measure the resultant savings.
Decarbonizing Nefab’s value chain
Nefab Scope 1 and 2 emissions are calculated according to the Greenhouse Gas (GHG) Protocol, with 2022 as baseline year. To ensure a rigorous process, we have integrated the reporting of Scope 1 & 2 emissions into our ISO 14001 framework. Within this framework, we have established specific sustainability Key Performance Indicators (KPIs) to monitor our progress towards achieving net zero emissions by 2045. These indicators are to be systematically tracked, reported, and managed, ensuring compliance at the company level.
Our KPIs:
- An absolute CO2eq Reduction of Scope 1 & 2 that quantifies the absolute reduction in emissions across all Nefab sites, comparing Scope 1 and 2 GHG emissions to the baseline year of 2022.
- A CO2eq Intensity Reduction of Scope 1 & 2 that measures the amount of CO2 emissions produced per KSEK (thousand Swedish kronor) of total turnover generated by the company.
Our progress in reducing our Scope 1 & 2
In 2024 within Nefab, we have run Scope 1 & 2 reduction initiatives across our global operations, resulting in an absolute reduction of more than 5%. These initiatives include improving energy efficiency, implementing renewable electricity, and switching to electric forklifts.
Charles de Muizon
Group Sustainability Director