Labelium

Labelium's reported carbon emissions

In 2022, Labelium reported total carbon emissions of approximately 951,000 kg CO2e. This figure includes Scope 1 emissions of about 67,000 kg CO2e, Scope 2 emissions of approximately 77,000 kg CO2e, and significant Scope 3 emissions amounting to around 807,000 kg CO2e. The Scope 3 emissions are primarily driven by categories such as business travel (approximately 312,309 kg CO2e) and employee commuting (about 251,784 kg CO2e). Labelium has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50.4% by 2032, using 2022 as the baseline year. Additionally, it aims to decrease Scope 3 emissions by 58.14% per thousand USD of profit within the same timeframe. For the long term, Labelium targets a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 97% reduction in Scope 3 emissions per thousand USD of gross profit. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Labelium's commitment to addressing climate change effectively. The company is classified as a member of the BA1.5 initiative, indicating its dedication to limiting global warming to 1.5°C.