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Environmental Responsibility

The world has many challenges in the environmental field.

Combating climate change and achieving the goal of the Paris Agreement is one of the greatest challenges of our time. As a leader in our industry, we need to take our responsibility and contribute by reducing our business’ climate impact. We do this, among other things, by making our production units more energy-efficient and reducing our CO2 emissions.

As a producing company, we have identified how we can contribute, and how we affect the UN’s global goal no. 12, Sustainable consumption and production. Our goal is for Balco Group to deliver climate-smart products with as little climate impact as possible to the market. The key to this is to streamline our processes, use materials and methods that provide the least possible environmental impact and minimize climate-affecting emissions to air, land and water.

Balco has set as a long-term goal to be climate neutral by scope 1 and 2 in 2045. As an intermediate goal, we will until 2025 reduce CO2 emissions by 35% compared to 2019. The metric is CO2 equivalent compared to the total number of hours worked.

Measures & targets

Contributing to reduced emissions

By 2025, Balco should have reduced Scope 1 and Scope 2 environmental impacts by 20% compared to 2019.

Target fulfilment 2021 2020 2019
Scope 1 gram CO2e/worked hour difference compared to 2019 1,099 -26.5% 1,203 -19.6% 1,496 -
Scope 2 gram CO2e/worked hour difference compared to 2019 1,176 -24.5% 1,573 +1.0% 1,573 -

Reducing the amount of waste

Of all the waste during the year, 70% must be recycable.

Target fulfilment 2021 2020 2019
Waste 2 451 1 248 1 180
Hazardous waste 88 105 133
Recycable 67% 85% 65%

Measured in tonnes

Read more about our focus areas