Primus-Silva's first climate reporting and targets since the merger of Silva Group and Primus in May 2023 marks their continued and increased effort in sustainability.
ClimateHeros’ statement:
Despite the complexities of merging two entities, Primus-Silva has diligently accounted for emissions across their entire value chain, showcasing a commendable dedication to understanding and addressing their climate impact. With ambitious climate targets and a broad spectrum of relevant near-term actions Primus-Silva is poised to lead the charge towards a greener future in their industry.
Reduction targets (compared to base year 2023):
Achieving a 60% reduction by 2030 - intensity target per net revenue
Achieve net-zero emissions latest by 2050
Key Findings:
Total emissions for 2023: 5,906 tonnes CO2e
Scope breakdown:
Scope 1: Direct emissions: 1,2%
Scope 2: Indirect emissions from energy use: 0,3%
Scope 3: Upstream and downstream emissions: 98,5%
Next Steps:
Key actions to drive down emissions:
Product development - Introduction of circular design guidelines
Material selection of existing products - Material selection and replacement into low carbon alternatives for existing products
Energy usage throughout the supply chain - working with suppliers to achieve energy efficiency and increase procurement of green energy
Fossil free gas - provide and scale fossil free Primus gas
Circular business models - Piloting of new business models.
In the near future Primus-Silva plans to also set a quantitative short-term target for emission reductions and prepare external reporting for increased transparency. Stay tuned for Primus-Silva's continued efforts in climate action and join their journey towards a greener future!
#ClimateAction #Sustainability #CarbonReduction #PrimusSilva #ClimateHero
