Vestre

Vestre's reported carbon emissions

Vestre, an outdoor furniture manufacturer based in Norway, is committed to reducing its environmental impact. In 2024, the company reported total greenhouse gas emissions of approximately 6,000,000 kg CO2e. This figure encompasses Scope 1 emissions of about 5,010 kg CO2e, Scope 2 emissions of approximately 95,040 kg CO2e from purchased electricity, and substantial Scope 3 emissions totalling about 5,900,000 kg CO2e, with purchased goods and services being the largest contributor. Vestre's climate strategy includes ambitious reduction targets. They aim to cut total absolute emissions by 50% by 2030, using 2021 as a baseline year. Furthermore, Vestre is targeting an 80% reduction in carbon intensity (emissions per unit of output) by 2030, also against a 2021 baseline. In line with its commitment to science-based climate action, Vestre has set targets approved by the Science Based Targets initiative (SBTi). These targets include a commitment to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, based on 2019 levels. Vestre also commits to measuring and reducing its Scope 3 emissions. The company's Scope 1 and Scope 2 targets are considered consistent with limiting global warming to 1.5°C, and are specifically categorised for small and medium-sized enterprises (SMEs). Earlier emissions data indicates a trend of increasing absolute emissions from 2021 to 2024. In 2023, total emissions were approximately 5,640,000 kg CO2e, and in 2022, they were around 4,400,000 kg CO2e. In 2021, total emissions stood at approximately 4,060,000 kg CO2e. While absolute emissions have risen, Vestre's stated targets demonstrate a clear intention to reverse this trend and achieve significant decarbonisation in the coming years.