Product portfolio
Area |
Unit |
2018 |
2019 |
2020 |
2021 |
2022 |
Ambition 2030 |
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Sustainable product portfolio and product safety |
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Sustainable solutions1 |
% of revenue |
– |
– |
– |
39 |
40 |
>50 |
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Eco-premium solutions1 |
% of revenue |
22 |
22 |
21 |
– |
– |
– |
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|
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Value chain emission |
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|
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|
|
|
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Cradle-to-grave carbon footprint (Scope 1, 2 and 3) – selected Scope 3 |
million tons |
14.3 |
13.8 |
12.8 |
14.7 |
13.4 |
– |
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Scope 3 upstream2 |
million tons |
6.5 |
6.3 |
5.9 |
6.8 |
6.2 |
– |
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Scope 3 downstream3 |
million tons |
7.5 |
7.3 |
6.7 |
7.7 |
7.0 |
– |
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Scope 3 upstream and downstream combined |
million tons |
14.0 |
13.6 |
12.6 |
14.5 |
13.2 |
50% less4 |
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The indicators that fall within the scope of limited assurance of the external auditor are marked with the following symbol:
Reporting principles
Sustainable solutions |
A measure of the sustainability of our products, which have customer/consumer sustainability benefits, as percentage of our revenue. The reporting period for sustainable solutions is November 2021-October 2022. A sustainable solution is a product or solution that has a sustainability benefit in one or more of the following sustainability criteria, when compared to other products or solutions which provide a similar functional effect/benefit to the user: reduced carbon and energy, health and well-being, less waste, reduced/reused and renewed material use and longer-lasting performance. A sustainable solution does not have any adverse effects in any of these sustainability criteria throughout the value chain. |
Cradle-to-grave carbon footprint (Scope 1, 2, and 3) |
Our CO2(e) footprint in million tons of CO2(e) including Scope 1 (own operations), Scope 2 (energy use) and Scope 3 (upstream) and Scope 3 (downstream). The footprint includes the six main greenhouse gases defined in the Greenhouse Gas Protocol.
The climate change impact of VOC emissions is included in the cradle-to-grave footprint, due to the impact VOC emissions have within the paints and coatings industry. Assessment of Scope 3 emissions relies on using industry average data (category 1), use phase models (category 10 and 11) and Life Cycle Assessment (category 10, 11 and 12) for certain parts of our value chain. The numbers used are reviewed and updated conservatively to ensure proper data quality and comparability. |