During the Capital Markets Day,
The Group also presented high level ambitions related to the business with further updates at a later date for connectivity and sustainability. The ambitions are in line with the Group's strong historical development. The growth agenda for the business was supported by specific growth opportunities in each Business Area and the strategic initiatives: Innovation, Sustainability and People & Culture, are all making good progress.
Looking forward, the importance of sustainability will continue to grow.
"Committing to the Science Based Targets initiative is a natural next step on our sustainability journey. The climate change demands action and through our long-term commitment we want to lead our industry towards a more sustainable future. By committing to the Science Based Targets initiative we want to make sure we as a Group are transparent in our efforts and make a difference. We have committed both to near-term and net-zero targets and will now continue the process to further map and validate our targets", says
The material from the Capital Markets Day can be accessed at: https://www.fagerhultgroup.com/investors/
For more information, please contact:
About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The initiative is a collaboration between CDP, the United Nations Global Compact,
www.sciencebasedtargets.org
About
All our brands produce high-quality professional lighting solutions and we work mainly on specifications together with our partners. Together we cover almost every professional lighting application and our presence is worldwide.
www.fagerhultgroup.com
https://news.cision.com/fagerhult/r/fagerhult-group-commits-to-science-based-targets-initiative,c3623788
https://mb.cision.com/Main/1781/3623788/1623617.pdf
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