AUSTRIA - The Egger Group, one of the largest global wooden panel producers,  is at the forefront of climate protection, committing to achieve Net Zero by 2050.

The wood-based material manufacturer is implementing ambitious climate targets and comprehensive measures to significantly reduce greenhouse gas emissions across its value chain. Thomas Leissing, CFO & Speaker of the Group Management, emphasizes the company's duty to reduce climate-impacting emissions, aiming to enable sustainable living and working with eco-friendly wood-based materials for future generations.

Aligned with the Paris Climate Agreement, Egger focuses on a Net Zero target, intending to remove emissions from the atmosphere at the same rate as they are produced. The company's Group-wide approach emphasizes reduction within its value chain rather than external compensation. The corporate carbon footprint for the Egger Group in the base year 2022 reveals 10% direct emissions (Scope 1), 14% from purchased energy (Scope 2), and 76% as indirect emissions in the upstream and downstream value chain (Scope 3).

Egger faces the challenge of realizing the Net Zero 2050 target and has set interim targets for 2030. By then, the company aims to reduce direct emissions from its plants by at least 30%, purchased energy emissions by at least 40%, and upstream and downstream emissions by at least 10%.

The company's comprehensive climate strategy, available at to.egger.link/climate-strategy, involves strategic investments, including biomass power plants and photovoltaic systems, to decouple from fossil fuels. Egger plans to promote renewable energy purchase and collaborate with partners on innovative solutions, such as sustainable chemical raw materials and transportation. The company adopts a fact-based approach, continuously communicating the status of its climate targets transparently.