Vestre

Vestre, a Norwegian company in the Furniture and other manufactured goods sector, reported total emissions of approximately 6,000 tonnes CO2e in 2024. This figure comprises Scope 1 emissions of 5,010 kg CO2e, Scope 2 emissions of 95,040 kg CO2e, and Scope 3 emissions of 5,899,860 kg CO2e.

Looking back, Vestre's total emissions have shown an upward trend:

• 2023: Approximately 5,644 tonnes CO2e (Scope 1: 25,740 kg CO2e, Scope 2: 91,680 kg CO2e, Scope 3: 5,527,070 kg CO2e)
• 2022: Approximately 4,403 tonnes CO2e (Scope 1: 22,260 kg CO2e, Scope 2: 51,730 kg CO2e, Scope 3: 4,329,400 kg CO2e)
• 2021: Approximately 4,059 tonnes CO2e (Scope 1: 8,010 kg CO2e, Scope 2: 19,020 kg CO2e, Scope 3: 4,031,550 kg CO2e)
• 2020: Approximately 3,159 tonnes CO2e (Scope 1: 7,000 kg CO2e, Scope 2: 17,400 kg CO2e, Scope 3: 3,134,400 kg CO2e)
• 2019: Approximately 3,030 tonnes CO2e (Scope 1: 14,200 kg CO2e, Scope 2: 16,900 kg CO2e, Scope 3: 2,998,500 kg CO2e)

Vestre has set several ambitious climate commitments:

• Absolute Emissions Reduction (All Scopes): Vestre aims to cut total emissions by 50% from 2021 levels by 2030.
• Carbon Intensity Reduction (Scope 1): The company plans to reduce carbon intensity (emissions per unit of output) by 80% from 2021 levels by 2030.
• SBTi Approved Targets (Vestre AS): As an SME, Vestre AS has Science Based Targets initiative (SBTi) approved near-term targets. They commit to reducing absolute Scope 1 and Scope 2 GHG emissions by 46% by 2030 from a 2019 base year, and to measure and reduce their Scope 3 emissions. These targets are consistent with reductions required to keep global warming to 1.5°C.