Getinge 2022 Annual Report slide image

Getinge 2022 Annual Report

Getinge 2022 Annual Report Introduction Strategy Corporate Governance Annual Report Sustainability Report Other information Contents Environmental and Social Engagement Making sure that resources are used in the most efficient way possible, is essential to build a resilient industry going forward. Reducing the pressure on the planet is an important part of improv- ing resource efficiency. At Getinge, the priority to reduce the impact on climate builds on the link between a healthy planet and healthy people. Getinge is increasingly putting effort into the transition from a linear to a circular economy to reduce pressure on material resources needed and at the same time work to reduce waste generated by the company. To succeed with both these areas, the company works to ensure EcoDesign of the products and to under- stand the environmental impact of its products and services. Getinge's Commitment By 2025, the company aims to be carbon neutral in scope 1 & 2 emissions from production according to the GHG Protocol. Carbon offsetting instruments (such as carbon credits) are not used to reduce emissions, to comply with the standards of the SBTi. Getinge committed to the Science Based Targets initiative in 2020. During 2022, the company targets were defined and submitted for validation. Emissions from Production Reduction of GHG emissions in production Greenhouse Gas Emissions from production, tons CO₂e GHG Scope 1: Direct Emissions GHG Scope 2: Indirect Emissions Total GHG Emissions from production 2022 2021 2020 3,060 5,161 6,614 4,607 9,619 12,127 +7,667 +14,780 +18,741 Reduction from previous year (tons CO2e) -7,113 -3,961 -563 GREENHOUSE GAS EMISSIONS & CLIMATE IMPACT Getinge continues to increase efforts reducing its greenhouse gas emissions and climate impact. Around 4,5% of the emissions globally come from the healthcare system*. Climate has an impact today on vulnerable groups in society and the healthcare industry must be a part of reducing greenhouse gas emissions. A system level approach is needed to deliver better healthcare outcomes with a lower carbon footprint. To Getinge, partnerships are an important part in achieving this. The direct greenhouse gas emissions come from Getinge's production (Scope 1 & 2 emissions). The majority of Getinge's total greenhouse gas emissions come from the value chain (so called Scope 3 emissions) and in particular from the purchase of goods and services, logistics and the use of products. Product specific environmental impacts include energy consumption and overall emission footprint during production, the use phase and end-of life treatment, including waste generated by packaging materials. GHG Scope 1: Direct Emissions Emissions from Oil, Scope 1 Emissions from Gas, Scope 1 Total GHG Scope 1 Emissions (ton CO₂e) 2022 88 2,972 2021 94 4,956 2020 103 6,511 3,060 5,050 6,614 GHG Scope 2: Indirect Emissions Emissions from Electricity, Scope 2 2022 4,511 2021 9,395 2020 11,967 Emissions from District Heating, Scope 2 97 210 160 Total GHG Scope 2 Emissions (ton CO₂e) 4,608 9,619 12,127 Reduction of CO₂e emissions from production Target: Reduce CO2 emissions from production in relation to internal sales volumes (-5% by 2024 with 2019 as base year). CO₂ emissions from production (Scope 1+2) in relation to Internal Sales volumes MSEK Indicator 2019 (Base year) CO₂ tons/ MSEK 1.154 Indicator 2020 (Reduction of 19% compared to 2019) Indicator 2021 (Reduction of 28% compared to 2019) Indicator 2022 (Reduction of 59% compared to 2019) Target, 2024 0.935 0.835 0.478 1.097 See information on progress vs targets on page 136 and complete data in disclosures GRI 302 Energy and GRI 305 Emissions on pages 156-157. Progress during 2022 Investments to increase energy efficiency at production sites included measures such as heat pumps, LED lamps and facility insulation, as well as new production machinery. In 2022, photo- voltaic systems to generate own electricity were implemented at production sites in China and Turkey and similar setups are being evaluated at more sites. The electrification of the company car fleet continued during 2022, with challenges on the availability of vehicles and charging infrastructure in some locations. In regards to scope 3 emissions, the main achievement during 2022 were the analysis of all 15 categories of emissions and establishing a baseline from 2021 to set Science Based Targets. Main activities taken during 2022 in the scope 3 area included: Reducing emissions from logistics Using ocean freight instead of air freight in one of the most frequently used logistic routes between Europe and the US. Supply chain engagement Getinge started an assessment and emission reduction program with its suppliers. As a first step in this program, an assessment survey was sent to the largest 100 suppliers to understand their carbon ambitions and ESG maturity. Getinge also reached out to its direct suppliers of purchasing categories driving the highest emissions (metals, plastics and electronics) to obtain primary environmental data on products and low emission alternatives. *https://www.thelancet.com/journals/lanplh/article/PIIS2542-5196(20)30121-2/fulltext 154
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