Teknikum has made good progress in reducing emissions towards the 2030 SBTi goals
March 19, 2024 – Finland
Teknikum, a Finnish polymer technology company and pioneer in sustainable solutions, committed to Science Based Targets initiative in 2021. In May 2023, the SBTi organization approved Teknikum Group’s climate targets in accordance with 1.5°C emission scenarios and the Science Based Target initiative’s criteria and recommendations. Already by 2023, the company has achieved positive results towards carbon neutrality.
In 2023, Teknikum Group’s carbon footprint consists of 83% of scope 3 GHG emissions and 17% of scope 1-2 GHG emissions.
Scope 1 and 2 GHG emissions in 2023: -26% from 2020 base year
Teknikum Group commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2020 base year.
GHG emission categories 1 and 2 include direct and indirect greenhouse gas emissions from the company’s operations. Teknikum Group achieved in reducing its emissions via limiting electricity consumption, purchasing greener energy and reducing the use of self-generated energy.
“Energy-saving measures paid off. We have replaced some equipment and machinery and installed energy-efficient lighting and insulation in factories. We also took steps to transfer to renewable energy in our energy purchasing” explains Mr. Esko Mäntyharju, Director, HSQE of Teknikum Group.
Scope 3 GHG emissions in 2023: -24% from 2020 base year
Teknikum is committed to reduce absolute scope 3 GHG emissions from purchased goods and services and capital goods by 25% by 2030 from a 2020 base year.
Scope 3 emissions are strongly associated with purchased products and services. With its own products, Teknikum is actively looking for suitable recycled and bio-based materials. Products like TEKNICROSS® railway rubber level crossing elements include recycled rubber. Teknikum also introduced industrial hoses made partly from recycled or bio-based rubber materials.
On customer-specific products the environmental impacts are considered via manufacturing process. It’s the whole group’s common goal to reduce scrap materials and recycle. Environmental management is also based on ISO 14001 in all locations.
Teknikum’s principles for good administration have been defined by the board and executive group. The purchase and sustainability policies ensure further development of responsible operations.
In 2023, Teknikum Group published renewed Teknikum Code of Conduct of Suppliers guidelines, which detail the expectations based on ESG standards. The current and future Teknikum suppliers need to confirm that they follow these guidelines in their own operations. Additionally, Teknikum audits its suppliers regularly.
“A cooperation with the suppliers plays an important role in implementing emission reduction measures in the supply chain,” says Mr. Mäntyharju.
Reaching the future 2030 SBTi goals
“In the next coming years, we will focus on continuous development according to our SBTi Roadmap. We have evaluated the possibilities of new energy sources for production needs. Also, in the name of energy efficiency there are plans for increasing heat recovery and reducing electricity & steam consumption”, tells Mr. Mäntyharju.
“The most important way to support our mission in Scope 3 GHG reduction is to enable the availability of new innovative, more sustainable products and solutions to our end-customers”, Mr. Mäntyharju says.
Teknikum Group will report on the progress of its climate work annually on its own communication channels.
Learn more: https://teknikum.com/sustainability/
Teknikum – a pioneer in sustainable polymer technology
Teknikum serves industrial customers in demanding customer-specific rubber, plastic, silicone and foam products. Its high-quality industrial hoses, competitive contract manufacturing services of molded products, and comprehensive rubber and mill lining services ensure efficient processes for customers. Teknikum’s factories and offices are located in Finland, Hungary and Germany. The Group’s operations are guided by three core values: safety, sustainability and sincerity.
www.teknikum.com
