OLIKA Publishing Ltd presents its third climate accounting report, covering the climate calculations for the calendar year 2023. The report aims to enhance understanding of the company's climate impact drivers, establish goals to reduce its climate footprint, and ensure transparency and traceability in its climate efforts.
ClimateHeros’ Statement:
OLIKA Publishing Ltd's commitment to sustainability is evident in their climate report. As a small but highly dedicated player in the publishing industry, they have prioritized reducing their climate impact through various initiatives, including advocating for the use of recycled paper and engaging with suppliers to adopt climate-friendly practices. By championing sustainable practices and engaging with suppliers and partners, they set an example for the industry to follow, contributing to a broader shift towards environmental stewardship, OLIKA Publishing Ltd demonstrates a genuine commitment to making a positive environmental impact.
Climate Goals:
Reduce emissions per sold book by >20% by 2024
Reduce total company emissions (scope 1,2,3) by >50% by 2030
Achieve net-zero emissions by 2040
All goals are compared with the base year 2021.
Goal achievement
When closing the climate accounting for 2023, we can conclude that Olika Publishing, has achieved the first two targets, well ahead of time schedule:
✅ The emissions per sold book has been reduced by 34%
✅ Total company emissions have been reduced by 56%
To further increase the ambition of their climate work, the company has formulated a new short-term target, to:
Reduce emissions per sold book by >50% by 2025
Key Findings:
Total emissions for 2023: 25 tons CO2e
Emissions per sold book: 0.47 kg CO2e
Scope breakdown:
Scope 1: Direct emissions: 6%
Scope 2: Indirect emissions: 0%
Scope 3: Upstream and downstream emissions: 94%
Progress and Focus Areas:
Exceeded initial climate reduction target of 20% reduction per book by 2024, achieving a 21% reduction by 2022
Further improved in 2023 by achieving a 34% reduction per book
Next Steps:
Conduct multi-year comparisons in future reports
Expand focus on broader climate engagement with stakeholders such as printing houses, distributors, authors and illustrators.
Stay informed about OLIKA Publishing Ltd's ongoing climate efforts and join them in their journey towards a sustainable future!
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