Riisfort ESG report 2023-2024 - Flipbook - Side 12
Climate accounting
Climate accounting
Our climate report for the reporting year 2023/2024 has, like
last year, been prepared using the Climate Compass and in
accordance with the GHG Protocol. This includes both Scope
1 and Scope 2 emissions, which cover our direct and indirect
carbon emissions.
Scope 1 covers fuel consumption from our own vehicles and
trucks, while Scope 2 covers emissions from the electricity
and district heating we use.
Overall this year, we have seen a modest reduction in our
total carbon emissions. Our total emissions in Scopes 1 and 2,
covering fuel consumption from our own vehicles and trucks,
as well as electricity and district heating, have decreased by
4.9%.
While it is positive that our overall climate footprint has
been reduced, unfortunately we cannot attribute this to
improvements alone, but also to a lower level of activity over
the course of the year.
Unfortunately, when we look at our carbon intensity –
emissions in relation to our activity – we actually see a slight
increase. However, this increase is minimal and remains
roughly on a par with the previous year. This underlines the
need for us to continue working in a targeted manner to
optimise our energy consumption and transport solutions,
so that we can make sure our carbon emissions will decrease
when activity levels pick back up.
We have also seen a slight increase in our Scope 2 emissions
due to an increase in our energy consumption, stemming
from both heating and operations, among other things.
This increase affects our overall carbon footprint, but
we are continuing to work hard to optimise our energy
consumption and increase the share of renewable energy in
our operations.
Although we have seen a minor reduction in our Scope 1 and
2 emissions, we are aware that the biggest challenge and
potential for improvement is most likely in Scope 3, which
covers the indirect emissions from our supply chain. Scope
3 by far makes up the largest part of our overall climate
footprint, and it is therefore crucial for us to intensify our
efforts in this area.
Our measures
We will continuously intensify our dialogue with suppliers
to find concrete solutions and strategies that can help them
to reduce their carbon footprint. We believe that closer
collaboration and a focus on lower-emission materials will be
crucial to reducing our overall carbon footprint.
One of the concrete measures we have already taken is
to place focus on increasing the use of alternative and
recyclable materials in our product range. This step can
reduce waste and lower the carbon footprint of our suppliers,
and contribute to a more circular economy. This is an
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important part of our long-term strategy to reduce indirect
carbon emissions from the products we sell.
We look forward to continuing the implementation of these
initiatives and we are optimistic that over time, we will be
able to improve our carbon footprint and make a positive
difference to both our business and to the environment.
