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EGGER Group Commits to Net Zero 2050

EGGER set a goal to contribute towards the protection and preservation of the future, committing to Net Zero by 2050 and reducing its climate-impacting greenhouse gas emissions in line with the Paris Climate Agreement.

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The Net Zero target means that emissions must be removed from the atmosphere at the same rate as they are produced. EGGER has developed a comprehensive Group-wide approach to reduce its climate-impacting emissions to Net Zero by 2050 steadily. The family company explicitly focuses on reduction, not compensation outside its value chain.

EGGER manufactures products from the raw material central to active climate protection: wood. Wood binds CO2 – a significant advantage that comes into play in wood-based materials. In the last financial year, 2022-2023 alone, EGGER products stored 6.4 million tonnes of CO2. The family company has permanently attached great importance to its products' practical and sustainable manufacture. Today, 70 percent of EGGER's energy comes from renewable sources. However, EGGER does not see these measures as the end of its responsibility for climate protection and is taking a big step further.

“As a wood-based material manufacturer, our business model has always been linked to environmental and climate protection. We, therefore, see it as our duty to reduce our climate-impacting emissions. In this way, we want to ensure that we can also enable future generations to live and work sustainably with our climate-friendly wood-based materials,” says Thomas Leissing, CFO and speaker of the Group Management.

Officials acknowledge it will be challenging to make the Net Zero 2050 target a reality, but EGGER has determined milestones. By 2030, the family company has set the following interim targets: By 2030, the direct emissions from its plants (Scope 1) will be reduced by at least 30 percent, and the indirect emissions from purchased energy (Scope 2) will be reduced by at least 40 percent, and the indirect upstream and downstream emissions (Scope 3) will be reduced by at least 10 percent.

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