Saturday, June 15, 2024

Lego hyperlinks worker compensation to decarbonization targets

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Dive Temporary:

  • The Lego Group will tie a part of its salaried staff’ bonuses to its annual carbon footprint starting this yr, the corporate introduced Wednesday. Whereas the efficiency metric is based on direct emissions — scope 1 and a pair of — the corporate stated it goals to “broaden” it over time to incorporate scope 3 as nicely.
  • The Danish toy maker additionally unveiled a brand new key efficiency indicator to measure emissions generated from its direct operations and enterprise journey — a scope 3 class — and evaluate it to the quantity of toy bricks manufactured in the identical interval. Lego stated the comparability permits it to achieve a measurable “carbon depth metric” that may be tracked over time.
  • Lego stated it established these efficiency metrics to inspire staff “to assist make a constructive impression” as the corporate goals to scale back emissions throughout its factories, shops and places of work.

Dive Perception:

The Denmark-based retailer behind the favored kids’s plastic bricks has a aim to scale back its absolute carbon emissions by 37% by 2032, in comparison with a 2019 baseline. Lego beforehand instructed ESG Dive it was on monitor to fulfill that aim. 

Final yr, the corporate additionally dedicated to obtain net-zero emissions by 2050 and stated it could triple its sustainability investments to $1.4 billion over the course of the subsequent three years. The funding, based on Lego, would enable it to design factories and buildings that function in a carbon impartial means; enhance the manufacturing and acquisition of renewable power at its vegetation, places of work and shops; and take emissions into consideration when making company choices, from new investments to worker air journey. Moreover, the corporate stated it could work with its suppliers to collectively lower their environmental impression.

The August announcement constructed on Lego’s Inexperienced Consumption Pledge, launched in 2021 to align its operations with the Paris Settlement.

The corporate stated in its newest sustainability replace that it’s bettering its power effectivity, rising its renewable power manufacturing onsite and procuring renewable power for its operations. Nonetheless, Lego stated collaboration throughout all parts of its enterprise is essential to fulfill its decarbonization targets.

We all know that we will’t meet our targets alone,” Lego wrote on its web site.

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