Sustainability overview
From targets to impact: Our sustainability results in 2025
2025 marked a strong year of progress on climate action. We reduced Scope 1 and 2 carbon emissions by 45% compared to our 2021 baseline, while Scope 3 emissions declined by 33% over the same period.
We met the Science Based Target initiative’s (SBTi’s) 10-year target criteria for operations in just four years.
These results reflect years of focused investments in energy efficiency, renewable energy, and supplier engagement, and demonstrate that our science-based targets are translating into real-world impact across our value chain.
Renewable energy has been a critical enabler, and we can report that 97% of the electricity used in our operations and 67% of total energy consumption came from renewable sources in 2025.
This shift has significantly reduced our operational carbon footprint and strengthened the resilience of our manufacturing footprint as energy systems continue to decarbonize globally.
We made strong progress toward a more circular business model.
Recycled steel and plastic accounted for 23% of the materials used in our manufactured products, and we recycled or recovered over 99% of manufacturing waste. In addition, we raised our average Repairability Index to 8.5 out of 10, marking the third consecutive annual increase and reinforcing our commitment to extending product lifetime.
The Group was awarded an A score in CDP’s Climate Leadership rating, placing it once again among the top four percent of companies globally assessed for climate transparency and action.
This recognition acknowledges the Group’s continued progress toward its science-based targets for 2030 and its ambition to achieve net-zero carbon emissions by 2050. The Group achieved its first science-based carbon reduction targets (SBTi) in 2022, three years ahead of schedule.
In addition, the Group achieved two major sustainability milestones: 25 consecutive years of participation in the S&P Global Corporate Sustainability Assessment (CSA) and inclusion in the S&P Global Sustainability Yearbook 2026. Developed by S&P Global, the CSA underpins the Dow Jones Sustainability Indices and is one of the world’s leading ESG (environmental, social and governance) performance frameworks, widely used by investors globally.
The 2025 results show that our strategy is delivering measurable impact for people, planet and business. This is an important card we can play in establishing ourselves as a challenger.
These results highlight the good progress and where we need to go further, particularly on circular product design. Sustainability remains a fundamental enabler of our strategy, and we will continue to integrate it deeply into how we innovate, operate, and grow the business in 2026 and beyond.