Diab reduces carbon footprint by 46%
Between 2016 and 2021, the sandwich composite solutions company made alterations in material, reduced waste and efficient use of waste, production and energy sources to drive its reduction efforts.
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Between 2016 and 2021, Diab (Laholm, Sweden), known for its sandwich composite solutions, successfully reduced its carbon footprint by 46% and is continuing its efforts to make further reductions.
The Ratos company set out on this journey beginning in 2016 in commitment to meeting global carbon reduction goals. In 2018, Diab’s targets were also approved by the Science Based Targets initiative (SBTi), making it what Diab claims was the first company in the industry for high-tech sandwich composite solutions to do so.
Within the 2016-2021 timeframe, Diab went from from 11 kg CO2e/kg of material produced to 5.9 kg CO2e/kg. Among other factors, this reduction was driven by changes in material, reduced waste, more efficient use of waste generated, changed production methodologies and changed energy sources.
Diab’s carbon-reduction activities encompass the Diab Group’s full carbon footprint, including Scope 1 & 2 (internal activities, energy, internal transport) and Scope 3 (external activities, sourced raw materials, product use). Eighty-two percent of the Diab Group’s carbon footprint is in Scope 3.
“At Ratos, we strive for our companies to be sustainability leaders in their industry. We want to take tangible action and deliver outcomes, not promises, and we focus on what is commercially and financially sound — this is also what is sustainable in the long run,” says Joakim Twetman, chairman of the Board at Diab and president, business area industry, Ratos. “This work will never truly be finished, but as an owner, we are proud of Diab’s progress.”
For 2021, Diab is reporting in accordance with the EU Taxonomy for Sustainable Activities. Forty-nine percent of the Diab Group’s turnover is eligible and aligned with it.
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