May 2024
Terratech releases Sustainability Report 2023
Terratech Group AB, our parent company, has released the Sustainability Report 2023.
ESG goals and progress
As part of Terratech Group AB, we focus our ESG efforts on three goals:
- Net zero emissions by 2040
- Zero accidents by 2028
- Responsible business
Learn more about our ESG goals here.
In the latest Sustainability Report, we're excited to highlight our progress towards achieving net zero emissions by 2040.
In 2023, Terratech Group reduced total emissions in scope 1 by 7% compared to 2022, with significant efforts in our manufactoring processes.
A major step in 2023 was our decision to start the transition from natural gas to district heating, addressing our largest emission source accounting for about 70% of our manufacturing related emissions. Before the final decision, the district heating will be evaluated against an alternative air-to-water heating pump.
The UN Sustainable Development Goals
We - along with the rest of Terratech Group AB - believe that working with the UN Sustainable Development Goals can ensure a succesful and long-term transition to a more sustainable future.
We put our CSR efforts into three SDG goals to generate as much positive change as possible within these goals. Our choice of goals is based on an extensive assesment by Terratech Group. Moving forward with our sustainability work, we will regularly revise where to focus our efforts.
Sustainability Report
Do you want to know all the details of Terratech's sustainability work? Then dig into the full sustainability report right here.