Trioworld’s net-zero science-based target verified by SBTi

Trioworld, a leading producer of innovative, high-performance plastic film solutions in Europe and North America, is proud to announce that its target set with the overall aim of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050 has been verified by the Science Based Targets initiative (SBTi).

"As an innovative producer of polyethylene and polypropylene film, we are committed to creating a responsible production, use, and end-of-life solution for plastic films. We see opportunities to develop new products and solutions that fit within a circular plastics economy. The verification by SBTi of our near-term and long-term targets shows that we are future-proofing our business model. Our strategic investments in increased recycling capacity and long-term focus on including a minimum of 25% PCR content across our product portfolio, among other things, are absolutely necessary to be able to meet our net-zero target by 2050”, says Oskar Karlsson, Chief Procurement Officer and VP Sustainability at Trioworld.

Oskar Karlsson continues, “The most important factor for reaching these targets is the innovative spirit on which this more than 50-year-old company is built, along with the fundamental commitment among our Trioworld colleagues around the world to challenge the traditional way of producing plastic film in close collaboration with our customers and partners.”

Trioworld’s verified science-based target:

Overall Net-Zero Target
Trioworld Industrier AB commits to reach net-zero greenhouse gas emissions across the value chain by 2050.

Near-Term Targets
Trioworld Industrier AB commits to reduce absolute scope 1 and 2 GHG emissions 44.2% by 2030 from a 2021 base year. Trioworld Industrier AB commits to increase annual sourcing of renewable electricity from 13% in 2021 to 100% in 2030. Trioworld Industrier AB also commits to reduce absolute scope 3 GHG emissions 25% by 2030 from a 2021 base year.

Long-Term Targets
Trioworld Industrier AB commits to reduce scope 1 and 2 emissions by 90% by 2050 from a 2021 base year. Trioworld Industrier AB also commits to reduce scope 3 emissions by 90% within the same timeframe.

Read more about our sustainability strategy and forward-looking commitment to be the leader in circularity for plastic in our latest Sustainability Report.

For more information, please contact:
Christin Liptow, Senior Group Sustainability Lead, Trioworld Group, christin.liptow@trioworld.com
Oskar Karlsson, Chief Procurement Officer and VP Group Sustainability, Trioworld Group, oskar.karlsson@trioworld.com
Helena Hed, Director of Marketing and Communications, Trioworld Group, +46 706 437 975

About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. We develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest. The SBTi is incorporated as a charity, with a subsidiary which will host our target validation services. Our partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). www.sciencebasedtargets.org @sciencetargets