Faber Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Faber Group disclosed greenhouse gas emissions of 160.0K tons CO2e (2022). By scope: Scope 1: 0.49%; Scope 2: 0.05%; Scope 3: 94.70%. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
160.0K tons CO2e (2022)
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0.49%
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0.05%
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).94.70%

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce CO2e emissions per trip by 30% in 2030 compared to 2021
  • Minimum of 80% certified wood (verified sustainable) by 2025
  • 100% of key suppliers signed code of conduct by 2025

📅 Medium-term

  • Scope 1 & 2 emissions reduced by 50% (absolute reduction) by 2030
  • Scope 3 emissions reduced by 30% (per trip) by 2030

🔭 Long-term

  • Net zero emissions (Scope 1, 2 & 3) by 2045

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Higher absenteeism (7.5% overall) partly due to COVID-19
  • Increased absolute CO2e emissions for PAKi and IPP despite growth in trips and business
  • Some KPIs in 2022 were less favorable compared to 2021

📋 Report Information

Reporting Period: 2022
Frameworks: UN Global Compact, Sustainable Development Goals