Essity's Sustainability Leadership: A Commitment to Change

Essity Honored for Sustainable Practices for Sixth Year
Hygiene and health company Essity has been celebrated for its exceptional commitment to sustainability by CDP, a global non-profit organization. This recognition marks the sixth consecutive year Essity has featured on CDP's esteemed Supplier Engagement Leaderboard, underscoring its dedication to supplier involvement in climate change initiatives.
Essity's Approach to Combat Climate Change
Essity is determined to take substantial steps against climate change by integrating environmental actions throughout its entire supply chain. Their audacious goal is to achieve net zero emissions by 2050, which hinges on strong collaboration and engagement with all suppliers involved in their network.
Key Initiatives and Targets for Carbon Emission Reduction
As part of its sustainability strategy, Essity is focusing on reducing Scope 3 carbon emissions linked to essential raw materials by 35% by 2030. To date, the company has proudly reported a 21% decrease in these emissions, demonstrating its ability to drive significant change within the sector.
Collaboration to Drive Environmental Goals
"Our strategy for collaborating with suppliers is grounded in clear expectations and thorough support, fostering an innovative culture. We proactively communicate our environmental targets, offering vital tools and training to our suppliers. This open line of communication encourages shared solutions to minimize emissions and enhances our collective climate ambitions," emphasizes Jessica Nordlinder, VP of Global Procurement at Essity.
The Role of CDP in Environmental Standards
CDP plays an instrumental role in assessing companies on environmental practices through its annual data collection, acknowledged as the leading independent benchmark. The Supplier Engagement Assessment (SEA) evaluates factors such as company governance, emission targets, Scope 3 emissions, and overall value chain performance.
CDP's Recognition and Its Importance
Being recognized by CDP solidifies Essity's position as a front-runner in sustainable business practices. This annual assessment provides essential transparency, enabling stakeholders to evaluate the company's commitment to climate action and sustainability.
Communications and Contact Information
For more insights on Essity’s sustainability journey or to learn more about their initiatives, interested parties can reach out directly to Karl Stoltz, Public Relations Director. His contact number is +46 709 42 63 88.
Understanding the Role of Transparency in Business
Transparency fosters trust, and Essity’s commitment to sharing their sustainability journey not only promotes accountability but also inspires others to adopt similar practices within their operations.
Frequently Asked Questions
What does CDP stand for?
CDP stands for Carbon Disclosure Project, a global non-profit organization that encourages companies to disclose their environmental impact.
How has Essity reduced its carbon emissions?
Essity has worked towards reducing its Scope 3 carbon emissions by 21% to date and aims for a 35% reduction by 2030.
Why is collaboration essential for Essity?
Collaboration with suppliers is crucial for effectively tackling climate change and achieving Essity's ambitious net zero goals.
Who can I contact for more information about Essity?
For inquiries, you can contact Karl Stoltz, Public Relations Director at Essity, via his phone number.
Why is the CDP recognition important for companies?
The CDP recognition serves as a mark of excellence in sustainability practices, enhancing a company’s credibility and accountability in environmental stewardship.
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.