Essity B 269.5 (+1.8 SEK) on 17-Oct-2021 17:29

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July 16, 2021 Essity presented new and updated sustainability targets including a commitment to develop targets to reach net-zero greenhouse gas emissions by 2050 at the latest. This includes raising the ambition level of Essity’s current Science Based Targets. Other updated targets include sustainable innovations, occupational safety and responsible sourcing. The outcome of each target will be reported in the Annual and Sustainability Report 2021.

Sustainability Targets 2021
Commitment to reach net-zero greenhouse gas emissions
latest by 2050
Science Based Targets Scope 1 and 2
(compared to 2016)
Target by 2030
-35%
Occupational Safety
Reduction of total recordable injuries rate (compared to 2019)
Target by 2025
-75%
Sustainable Innovations
Share of innovations that yield a social and/or environmental improvement
Target
50%
Responsible Sourcing
Share of Essity's total purchase cost from suppliers that comply with Essity’s Global Supplier Standard
Target by 2025
95%
Targets and Outcomes 2020
Annual organic sales growth
Please see footnote 1)
Target
>3%
Outcome 2020
-1.9%
Adjusted return on capital employed
Please see footnote 2)
Target by 2025
>17%
Outcome 2020
15.7%
Employee Health and Safety
Decrease in accident frequency rate (compared with 2014)
Target by 2020
-50%
Outcome 2020
-56%
People and nature innovations
Target
>33%
Outcome 2020
64%
Science Based Targets Scope 1 and 2
(compared with 2016)
Target by 2030
-25 %
Outcome 2020
-11%
Science Based Targets Scope 3
Please see footnote 3)
(compared with 2016)
Target by 2030
-18%
Outcome 2020
-4%
Share of packaging manufactured from renewable or recycled material
Target by 2025
85%
Outcome 2020
77%
FSC® or PEFC™ certified fresh fiber
Target
100%
Outcome 2020
95%
Production waste subject to material or energy recovery
Target by 2030
100%
Outcome 2020
65%
Sourced from suppliers who comply with Essity’s Global Supplier Standard
Target by 2020
100%
Outcome 2020
92%
Business ethics and Code of Conduct
Share of employees who received regular training in the Code of Conduct
Target
100%
Outcome 2020
92%
Water
Our tissue sites are to:
(compared with 2014)
  • Reduce levels of suspended solids
Target by 2020
-10%
Outcome 2020
-27%
  • Reduce water usage
Target by 2020
-10%
Outcome 2020
-3%
  • Reduce organic waste (BOD)
Target by 2020
-10%
Outcome 2020
-21%
Policies
Capital Structure Policy
Target
Maintain a solid investment grade rating
Outcome 2020
Solid investment grade rating
Dividend Policy
Target
Long-term stable and rising dividends
Outcome 2020
SEK 6.75 per share

Strategy and Business Model

We work to achieve our targets through our strategy and business model.

Digital Annual Report

Please also read our digital annual report

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1) Net sales excluding exchange rate effects, acquisitions and divestments.
2) Excluding items affecting comparability. The earlier target of >15% was achieved in 2020 and the target was raised to >17% by 2025.
3) Outcome for Scope 3 is for 2019.