Image: ©EGGER Holzwerkstoffe - EGGER is investing EUR 80 million in a new power plant at its St. Johann in Tirol (AT) location, thus becoming largely independent of fossil fuels at the site
The EGGER Group is explicitly committed to the Net Zero target by 2050. The way to this goal involves comprehensive measures and far-reaching investments to drastically reduce climate-impacting greenhouse gas emissions along the entire value chain.
The wood-based material manufacturer takes its commitment to climate protection seriously and has successfully implemented the next steps: For example, EGGER’s regular operation at its plant in Unterradlberg (AT) is now free of natural gas thanks to the installation of a new heat exchanger. EGGER also has big plans for its plant in St. Johann in Tirol (AT), where it is investing around EUR 80 million in a new power plant and thus in renewable energy supply at this location. The wood-based material manufacturer has also switched on a large scale to binding agents produced with CO2-neutrally generated electricity.
Reaching the Net Zero 2050 target requires a great deal of effort. EGGER has set itself milestones along the way. The family company has set the following interim targets for 2030: By 2030, direct emissions from the company's own plants (Scope 1) will be reduced by at least 30%, indirect emissions from purchased energy (Scope 2) by at least 40% and indirect upstream and downstream emissions (Scope 3) by at least 10%. The base year of the climate targets is 2022.
“We have built up considerable expertise in carbon footprint accounting," says Thomas Leissing, Chief Financial Officer EGGER Group. "The causes of our emissions are known in detail and we are aware where we need to intervene. We are delighted that we can now report further steps on the way to Net Zero. This path will continue to be pursued consistently; it will still require many measures, but we are convinced that we will achieve the targets we have set ourselves."
The full details of the climate strategy can be found at to.egger.link/climate-strategy
