LEGO: Investing in a sustainable future & achieving net zero

The LEGO Group is set to invest $1.4b in building a sustainable future while striving to achieve net-zero emissions by 2050

Toy production company, The LEGO Group, has pledged to achieve net-zero greenhouse gas (GHG) emissions by 2050. 

By working with the Science Based Target initiative (SBTi), the LEGO Group will improve its sustainability credentials, by reducing its Scope 1, 2 & 3 emissions. Recently, the group announced reducing its emissions by 37% by 2032 from a 2019 base. 

“Our immediate priority is to meet our 2032 carbon reduction targets and we’re making progress across a range of initiatives,” says Niels Christiansen, CEO of the LEGO Group. “This new, long-term goal will ensure that the decisions we make today will reduce our carbon footprint over the coming decades. It will also encourage future generations of LEGO employees, partners and suppliers to continue working with a sense of urgency to reduce the environmental impact of our business.”

Investing in a sustainable future 

Over the next three years, the LEGO Group plans to triple its investments in environmental sustainability, spending more than US$1.4bn in related activities, including: 

  • Designing buildings and sites to be carbon-neutral run with the highest environmental standards.
  • Increasing capacity and production of renewable energy by reducing absolute emissions across manufacturing, stores and offices.
  • Taking CO2 emissions into account across all business decisions. 
  • Partnering with suppliers to reduce environmental impact, for example, by reducing emissions from outside its operations and supply chain.

“We know that children are looking to us to do what’s right,” Christiansen says. “Caring for the environment is one of their top concerns and we receive hundreds of letters a year with great ideas from kids on how we can make a difference. They are holding us to account, and we must set ambitious goals and take meaningful and lasting actions to protect their futures.”

*************************************************

For more insights into Sustainability - check out the latest edition of Sustainability Magazine and be sure to follow us on LinkedIn & Twitter

Other magazines that may be of interest - EV Magazine | Energy Digital

Please also check out our upcoming event - Sustainability LIVE in London at the BDC on Sept 6/7th 2023

*********************************************

BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEO's, CFO's, CMO's, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.

BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.

Share

Featured Articles

Amy Brachio, EY Joins Sustainability LIVE New York

Amy Brachio, Global Vice Chair of Sustainability at EY to speak at Sustainability LIVE New York

Sustainability LIVE Launches New Advertising Campaign

Sustainability Magazine launches its new Sustainability LIVE advertising campaign

We’re LIVE! Sustainability LIVE Dubai

The ultimate virtual event for sustainability & ESG leaders in the Middle East and Africa, Sustainability LIVE Dubai returns in 2024

One Day to Go Until Sustainability LIVE Dubai 2024

Sustainability

Sustainability LIVE New York – One Month to Go

Sustainability

Sustainability LIVE Dubai – The Panels

Sustainability