Press Release

Lidköping 2020-11-19

Absolent Group aims to be carbon negative by 2050

Absolent Group has set two ambitious targets. The first target is to reach net zero carbon emissions from Absolent Group's own operations by 2030 and the second target is to have net negative carbon emissions from Absolent Group's value chain by 2050.

Absolent Group will reach carbon neutrality and become carbon negative by reducing emissions through operational efficiencies, procurement of renewable energy, electric mobility and direct air capturing.

Absolent Group aims to have complete control of its carbon reduction technologies. Therefore, the group has chosen to intensify the development of direct air capturing solutions.

Contact:

MD and Group CEO Axel Berntsson

+46 510 48 40 00

Absolent Group AB is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Group AB is Erik Penser Bank AB. +46 8-463 83 00.

Email: certifiedadviser@penser.se

Absolent Group AB (publ) | Staplaregatan 1 | SE-531 40 Lidköping Sverige

Org. nr: 556591-2986 | Tel: +46 (0) 510 48 40 00 | Fax: +46 (0) 510 48 40 29 | ir@absolentgroup.se

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Absolent Group AB published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 17:22:07 UTC