The last decade was the warmest on record and we are seeing more extreme weather, rising sea levels and biodiversity loss. The climate crisis affects us all and the world’s nations quickly need to transition to low-carbon economies. Bold action is required to reach the Paris Agreement’s aim of curbing global warming to well below 2˚C compared with preindustrial levels.
We aim to achieve this by reducing our greenhouse gas emissions throughout the value chain, including our own operations, and offsetting the remaining emissions. It is important to emphasise that our main goal is to reduce our emissions both in the short and long term. Offsetting is what we do only to compensate for the emissions we cannot yet avoid.
We want to pull our own weight in this transition to a low-carbon world and in the autumn of 2020, we committed to set Science Based Targets. By doing so, we joined more than a thousand of the world’s most progressive companies in setting targets in line with the Paris Agreement.
Reducing greenhouse gas emissions
By 2025 all Bonnier Books’ emissions – from our own operations, our business travel, the production of our books and the materials we use – must have been reduced by 25 percent from the 2019 level. The target is in line with the most ambitious reduction trajectory of the Science Based Targets initiative, limiting global warming to 1.5˚C. Our target is also closely aligned with the most rigorous standard for measuring and achieving climate neutrality, PAS 2060, developed by the British Standards Institute.
Offsetting the remaining emissions
For the emissions we cannot currently avoid, we are investing in emission reduction projects registered under international standards such as Verra and verified by third-party auditing bodies such as DNV, from 2021. Furthermore, for every amount we earmark for climate protection projects, we will invest an additional 20 percent with the aim of removing more carbon dioxide from the atmosphere over time than we emit.
Our greenhouse gas emissions, by source
| tCO2e |
2020
|
Share of total
|
| Direct greenhouse gas emissions (Scope 1) |
466.2
|
0.3%
|
| Indirect greenhouse gas emissions from purchased electricity, heating and cooling (Scope 2) |
860.5
|
0.6%
|
| Other indirect greenhouse gas emissions (Scope 3) |
138,169.7
|
99.1%
|
| Total |
139,496.4
|
100%
|
| Greenhouse gas emissions intensity, by turnover (tCO2e/MSEK) |
21.82
|
|
