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19/03/2021

Assa Abloy sets ambitious sustainability programme to 2025

Stockholm, Sweden

Assa Abloy has published its Sustainability Report 2020. During 2015-2020, the Group successfully completed its sustainability programme and exceeded the majority of the targets for health and safety, energy, water and materials efficiency while reducing waste generated.

A new ambitious sustainability programme has been set for 2025. The new programme builds on the momentum and progress from the Group’s successive five-year sustainability programmes. The new programme has raised ambition level across all indicators and complements Assa Abloy’s long-term climate commitment to halve emissions by 2030 and reach net-zero by 2050.

“Sustainability is vital to economic and industrial development and it is a strategic priority for Assa Abloy. Overall, I am proud of the progress we have made in sustainability, against our targets to 2020. Though we still have a lot to do, we are on a journey, and our new ambitious targets to 2025 and long-term climate commitment to halve our emissions by 2030 and be net-zero by 2050 will be our roadmap. This demonstrates our willingness to lead our industry to a more sustainable future, and will further improve our competitiveness with more sustainable products, solutions and operations,” says Nico Delvaux, President and CEO Assa Abloy.

In October 2020 Assa Abloy announced that the Group is committing to set science-based targets to further substantially reduce greenhouse gas emissions across the entire value chain. The Group will set targets that are aligned to the Paris Agreement, limiting global temperature rise to 1.5°C, by halving emissions by 2030 and reaching net-zero by 2050.


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